Tech Glossary
What is Operations Management?
Operations management is the process responsible for planning, organizing, directing and controlling the activities necessary to produce an organization's products or services. Operations management is responsible for creating value by using limited resources efficiently and effectively. Operations management is an important skill in entrepreneurship and business development, as it is responsible for ensuring that an organization can deliver its products or services in a cost-effective manner. Operations management can be compared to other competencies such as business development and entrepreneurship, as it is responsible for ensuring that an organization can deliver its products or services in a cost-effective manner.