Strategy Execution for Engineers

at providing some of the core concepts in operations that are essential for leveraging a firm’s operational capabilities to achieve sustainable competitive advantage. This course provides a logical and rigorous approach to plan and control process structure and managerial levers to achieve desired business process performance.

• 1Analyse real-world processes and evaluate their consistency with the firm strategy.
• 2Apply process analysis techniques for identification of bottlenecks and suggest approaches for de-bottlenecking.
• 3Apply core principles of project management to plan, analyse, and schedule activities and resources for simple business projects
• 4Identify managerial levers for controlling inventory and apply simple analytical models for estimating needed safety stock for a desired service level.
• 5Identify the drivers of variability in processes and propose solutions to mitigate its ill effects using simple queuing theory concepts.
• 6Use robust statistical process control techniques to ensure capability and control of a process.
• 7Apply six-sigma and lean concepts to a wide range of business processes.