Operations management is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization. Operations management teams attempt to balance costs with revenue to achieve the highest net operating profit possible.
An individual working in operations management must have an understanding of the various processes within a company. Operations managers are involved in coordinating and developing new processes while reevaluating current structures. Organization and productivity are two key drivers of being an operations manager, and the work often requires versatility from the operations manager.
There are millions of good jobs available in operations management and these positions offer substantial upward promotion potential. Immense career opportunities are available for the students in Operations management amongst the youth in India and abroad. Wide range of career opportunities is available in the field of Insurance, Consulting Firms, Retail, Information Technology, Financial Institutions, Construction, Hospitality, Manufacturing and Transportation.
TOP COLLEGES FOR OPERATIONS MANAGEMENT