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The operations and human resource management functions are central to the success of large-scale organisations - VCE - SSCE Business Management - Question 6 - 2016 - Paper 1
Question 6
The operations and human resource management functions are central to the success of large-scale organisations. Increasingly, stakeholders are demanding that busines... show full transcript
Worked Solution & Example Answer:The operations and human resource management functions are central to the success of large-scale organisations - VCE - SSCE Business Management - Question 6 - 2016 - Paper 1
Step 1
Describe the relationship of operations and human resources to business objectives
Answer
Operations management is essential for converting inputs to outputs efficiently, maximizing productivity, and meeting quality standards. It directly influences the profitability and competitiveness of an organization, which is critical for achieving business objectives. Human Resource Management (HRM) aims to ensure that staff are motivated, skilled, and aligned with the organization's goals. Together, these functions drive performance, increase sales, and help organizations respond to stakeholder demands for ethical and socially responsible practices.
Step 2
Discuss two strategies to optimise operations
Answer
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Just-In-Time (JIT): This inventory management strategy helps minimize waste by ensuring that inventory is received only when needed, reducing storage costs and spoilage. This approach not only improves efficiency but also supports ethical practices by reducing the carbon footprint associated with excess inventory.
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Robotics: Implementing automated systems, such as robots, enhances productivity by performing precise tasks with higher efficiency than manual labor. This reduces the likelihood of errors and improves your product's reliability, contributing to greater ethical responsibility in production processes.
Step 3
Discuss two practices or processes to effectively manage human resources
Answer
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Outplacement Services: Providing employees with support during transitions demonstrates a commitment to their well-being. This can include resume writing assistance and job search resources, ensuring they are treated ethically even when leaving the organization.
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Training and Development: Investing in employee training enhances skills and encourages personal growth. This not only benefits the organization's productivity but also fosters an ethical culture where employees feel valued and supported, reflecting a commitment to ethical and socially responsible practices.