The role of operations
Taught by Hugo Newman · AI tutor support included
Finance professionals gain a comprehensive understanding of how operations management directly impacts financial performance and organisational success. This lesson explores the interconnection between finance and operations, examining transformation processes, performance metrics, and supply chain dynamics that enable finance teams to better support operational efficiency and stakeholder objectives.
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In this lesson
- 0:00 Introduction to Finance and Operations
- 2:01 Understanding Operations Management
- 4:31 The Transformation Process Model
- 6:46 The Four Vs of Operations
About this lesson
Unlock the secrets of operations management and its pivotal role in finance! This in-depth exploration sheds light on how finance professionals can enhance their understanding of operations through key theories and management strategies, positioning them to better meet stakeholder needs. Discover valuable insights into supply chain management, the significance of key performance indicators (KPIs), and the intricate relationship between operations and other core business functions. By the end of this video, you'll grasp how operational efficiency and effective finance support can drive business success.
Duration: 11m
- Finance and Operations relationship
- Operations management principles
- The Transformation Process Model
- The Four Vs of Operations
- Key Performance Indicators (KPIs)
- Supply chain management
Transcript
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