Class Notes: 2/6/06

Done by: Catherine and Thomas

Explain that you need to start updating your geocities

• Those that don’t have a web program for website, copy and paste code to word and email it to yourself

Make index for webpage

Reminds class to remind Cathy

Deal about class making webpage purpose without the book

• JOURNAL PLAYS AN IMPORTANT ROLE IN THIS CLASS

  •    Keep track of learning class

• Class work

  • Ex: Marketing vs. Marketing and OM, etc.

   

Microsoft has it's own extension for OM.

• Software for it

• Anyone demo of any subject

Mehmet looks up software for Microsoft Operations Management

• MOM Link - http://www.microsoft.com/mom/evaluation/demo/mom2k5/presentation.html#slide1-1

  • Microsoft came on after 95, not on time

Facts Set 1:

• Timing is very important - not sequential

• Jobs can be done in parallel - certain jobs

• CLASS - DON'T GIVE THE SAME INFO ON SITE

• Journal --> Classwork

• Next Assignment - Statistic Warm up

  • Easiest - Standard Deviation

• Final Project

  • You acting as OM (3 things)

  • Actually integrate 10 things based on 3 discussed in class

• 3 things: quality, cost, & differentiation

• Book - Quality --> Differentiation --> Response

• Achieving Competitive Advantage Through Operation - Book

  • Differentiation, Low Cost, and Response

• MISS CLASS RULES

  • Professor Misses You - Mental Picture of attendance

    • Database in his mind

• Technology is good resource for you

• Achieving Competitive Advantage Through Operations - Steve +1

  • Differeation, lowering cost, through response - p. 29

    • competitive advantage implies ... over competitive. the idea is to create customer value. OM be called on to implement some combination of them.

  • What is response? - Tahidul answers +1

    • Response time

    • Fed Express - Professor explains that nothing flammable is sendable --> Differentiation

• Project Being OM Person

  •    Next class - Tell professor what you want company wise (nothing specific)

    • Strategies

    • Improving

• Term Paper - 2 things

  • Success/Failure (good) Stories - investigate it, people in charge did well

    • One person responsible - control and harmonize

  • Chaos, errors, mistakes, catastrophes, problems (mostly)

  • Ex last class OM discussion

• Success is built on failure and mistakes

• Research - find based on references, validation, little of your opinion

• Quizzes, Should have during the 4th week of class

  • Sample Quiz

• Mid-Term

• Final

Last Class of OM

• One example of OM and discussed briefly - success story

• Lots of failures of what was the example? - The Bridge that connect from France and Spain

• Significance of Bridge - Tallest Bridge +1 Ralph

Quiz - Feb 15th

• Easiest way to get the grade

• How does he make quiz? T/F with student questions submitted - James +1

• About 100 questions from your class mates

• Ex: 20 people * 5 questions

Fact Set 2:

• Never say no as OM

• You say "yes" as OM

Test Date

• No Talking except before test

Proof of Good Manager

• What he/she can do?
• Proof, which is #? 52% Growth of good manager
• Labor 10%
• Capital 30%

Quiz Questions

Send to: Ebrahimidr@gmail.com

• Do more T/F questions

• Don't get below 50 without bad luck

• Don't be so easy or tricky

• No cluster throughout knowledge (more than 1 subject)

• Make it ready, think ahead, subject of we did

Ch. 2 - Operation Strategy in a Global Environment

• Find out the meaning - whole class

• What is operation strategy?

  • Lower the cost and the response - Julee +1

  • International - Syed

• Why companies go global? Bigger market

• Why companies go to Mexico? Lower the cost, which is labor.

• How much is labor union? Ex: $30 per hour, $1 per day, Ban on Nikes, Coffee farm

• Why else?

  • Prestige

• Why do we want to go global? Chain and supply connection

Book Facts of material:

• Version of book - Version 4 or 5

• Amazon.com

• Graduate school degree websites

Exercise a Global View Of Operations

• Reduce Cost

• Improve Supply Chain

• Improvement

• Provide better goods and services

• Attract new markets

• Learn to improve operation - Bring people in

• Attract and obtain global talent

Find:

Info of toothpaste - extra points

Company throughout semester: Hard Rock - Ralph +1

Boeing - 20 countries What does japan do for bowen? Singapore? France? Italy?

Right now:

• Look at Boeing is doing globally/internationally?
• Look at Hard Rock and doing internationally?
• How does toothpaste taste in other places?

Next Class: 10 strategies looking into Decision Making

Work now: Find the Right Now section (1/3 only)

Boeing:

• Why is important? Has 20 deaf employees
• Building infrastructure of china airlines industry
• Mission: What makes globalization so compelling and so urgent?
• Our competitors "Get it" They are moving forward with aggressive globalization strategies. And their establishing relationships and partnerships. Designed to give them access to new markets, financial, and intellectual capital from all over the world.
• Japan has been the largest single country in dollar value.
• Employee Relationship - Last year 30 employees participate in Learning Together Program --> 19000 Degrees- Charmain +1
• Analysis of Thomas and Catherine

Become OM - Always have a mission/vision - include in project

Know how the mission of other companies are