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KSOU MBA III-SEMESTER SEMINAR TOPICS JULY AND JANUARY
COMMON SUBJECTS SEMINAR
C – 19: QUALITY AND OPERATIONS MANAGEMENT
1. Operation Excellence- Challenges.
OR
2. Energy Management- Issues and Challenges.
Question1: Operation Excellence- Challenges.
Answer: Introduction
Every business has to face numerous and different challenges, both external and internal ones. For instance, speed and the ability to adapt to changing market conditions are a significant challenge for businesses. New technologies and innovation acceleration are disrupting all traditional industries and markets.
The threat of new competition (the #1 driver), rising customer expectations, expanding markets, and digitalization are the key drivers of change, and the driving force behind the ever increasing need for Operational Excellence, especially for end-to-end Business Transformation, and rapid and flexible solution offerings and execution. The rapid appearance of new business models adds fuel to increased customer expectations and requirements.
Every change in the market affects how a company operates and performs, often dramatically. And these days, it is difficult to
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