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ØAL118 Operational Strategy and Execution

Course description for academic year 2024/2025

Contents and structure

This subject encompasses the planning, design, and implementation of strategies related to operational management in an organization. This topic will focus on how businesses can streamline and optimize their operational processes to achieve their overarching business objectives.

Learning Outcome

Knowledge

  • Understanding of the concepts and principles of operational strategy and how they align with overarching business objectives.
  • Ability to explain and discuss process design, capacity planning, quality management, and the integration of these in supply chain management.
  • Recognize and understand the importance of lean management, Six Sigma, and sustainable practices in operational management.
  • Able to reproduce and apply principles of risk and change management in operational processes.
  • Have knowledge of how technology impacts operational management and decision-making.
  • Define key terms related to operational strategy, process optimization, and performance management.
  • Explain how operational strategy and execution contribute to organizational efficiency and goal achievement.
  • Identify key areas for improvement and innovation in operational strategy and execution.

Skills

  • Develop the ability to identify opportunities for improvement in operational processes and strategies.
  • Actively participate in the planning and implementation of operational strategies and processes.
  • Apply best practices and methods in operational management.
  • Repeat and improve processes through continuous learning and the use of operational strategies.
  • Quickly recognize challenges and opportunities in operational management and supply chain management.

General competence

  • Develop awareness of the importance of strategic operational management for the organization's success.
  • Recognize and incorporate ethical and sustainable considerations in operational strategy and decisions.
  • Engage in and contribute to strategic thinking and decision-making in operations.

Entry requirements

None

Recommended previous knowledge

Prior knowledge in business economics is an advantage.

Teaching methods

Classroom teaching and assignment seminars combined with group work. Group-based guidance as needed.

Compulsory learning activities

  • 1 group-based compulsory work requirement (semester assignment) must be passed before an examination can be taken.
  • 1 group-based oral presentation of the compulsory work requirement (semester assignment) must be passed before an examination can be taken.
  • Mandatory attendance at assignment seminars

A total of 3 compulsory work requirements

Assessment

Individual oral examination of 15 minutes where you will be asked questions from the syllabus that test your knowledge and your ability to apply this knowledge in various contexts.

However, it is always useful to be able to link theories and concepts from the syllabus to practical examples, such as the work you have done in your semester assignment. This can help demonstrate a deeper understanding of the subject

Examination support material

None

More about examination support material

Course reductions

  • ØAL116 - Produksjonsleiing og prosessforbedring - Reduction: 7.5 studypoints