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#88 How to Become a Business Operations Manager

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[LAST UPDATED]:19th January, 2016
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How to Become a Business Operations Manager

How to become a business operations manager. All business operations managers need to know how to operate and run a company smoothly. I think we can all agree on that.
how to become a business operations manager
First off, managers play an important role in day-to-day operations. Managers are the reason why we get things done in the way  that we do.
Most people don’t want to work; understandably, and so it’s up to the manager to get everyone motivated, and willing to work.
One of the things I’ve learned while being a manager is that
  • you have to be patient with people.
  • know yourself
  • seek self-improvement
  • be a team player
  • get to know who you are working with.
Perspective is key here. Having perspective, well, it allows us to have options.
If you want to become a successful business operations manager, you must learn to listen to other peoples’ points-of-view.
In general, being a business manager takes a significant amount of leadership and responsibility.
Managers should want or have to desire to do the following:
  • benefit their employees
  • benefit their community
  • and benefit other social entities
While learning how to become a business operations manager, one needs to understand how to conduct business.
  • Firms are obligated to compensate shareholders who provide capital.
  • Company strategies should encourage growth and long-term value.
-Know what a sustainable business strategy is
-and know how it relates to operational supply chain management
Definitions:
  • Sustainability – The ability to meet current resource needs without compromising the ability of future generations to meet their needs.
    • Say for example: being resourceful, or mindful
  • Triple bottom line – Evaluating the firm against social, economic, and environmental criteria.
    • We can evaluate firms better when we have a criteria.
-The purpose of a strategy is to sustain value for shareholders.
For business operations managers, you need to understand and accept some very basic environmental concerns:
  • Everyday people are concerned about the environment.
  • The resources on our planet are limited or in other words finite as they say in mathematics.
  • Companies need to be aware that issues can arrise if practices are not within regulations.
  • The company should protect the environment as much as possible.
“The stakeholders are those individuals and organizations that are influenced by the actionsof the firm.” (P50)
Stakeholders,  do not necessarily have to be involved with the day-to-day operations of the firm.
For example, if the firm decides to change its suppliers, the suppliers will be directly affected .
Anybody who has been doing business with the firm, in theory, would be considered a stakeholder.
Not to be confused with shareholder.
shareholder is someone who owns a piece of a company that is now-a-days, bought online through an investment bank.
Examples of Stakeholders:
  • Creditors (for example: a person’s credit card debt)
  • Employees (for example: the people who work for your company)
  • Government (ex: the people you pay taxes to every year in the usa)
  • Owners (the managers or someone who owns majority of the company)
  • Suppliers (the people that you buy the nuts and bolts from to build your product)
  • Unions (some work-related group of people; – usually more than two or three workers- that come together to demand some sort of work-related change within the company. For the most part, I believe that, under normal circumstances, larger and more well-known unions will have a better chance at succeeding because there’s more people involved.)
When you know how the system works, you are better prepared to play the game. Becoming a business operations manager isn’t hard, but you need to put in the time .
You should always be willing to learn something new.
When you stop learning, you stop earning.
 Business Operations Manager’s make value their time.
While building a company strategy, operations managers should familiarize themselves with potential economic and environmental impacts.
Food for thought:
You are not the only one who would like to know more about how to become a business operations manager.
three-risk managment framework involves identifying the:
  • potential disruptions
  • assessing the potential impact of the risk
  • and developing plans to mitigate the risk
When I was in the Marines, I use to think differently about operations and supply chain management. I never imagined how much larger the whole supply field really was; not until I got out of the Corps.
It’s difficult to see your dreams when your head is in a cabinet counting nuts and bolts for uncle sam-but I wouldn’t trade it for the world.
Most entry-level [Operational Managment jobs] are all about learning the ropes of the business.
Interpretation: It takes time to learn a new job.
Here’s a little formula: Productivity = Outputs/Inputs

How to Become a Business Operations Manager

Tasks and Responsibilities Required of a Business Operations Manager:
  • overseeing a variety of departments
  • reviewing the monthly budget
  • interpreting financial data
Business Operations Manager Requirements:
  1. Bachelor’s Degree in Business
  2. Master’s Degree
  3. Certified Manager (CM)
  4. Institute of Certified Professional Managers (ICPM)
In order to get the job, the only degree you will need is a Bachelors in Business. Obviously, every job is different. However, a Bachelors Degree will get your foot in the door.
Design Quality vs Process Quality
  • Design – relates to the set of features the product or service contains.
  • Process – relates directly to the reliability of the product or service.

Supply Chain Managment

Logistics –
  1. the branch of military science and operations dealing with the procurement, supply, and maintenance of equipment, with the movement, evacuation, andhospitalization of personnel, with the provision of facilities and services, and with related matters.
Business Operations Managers:
  • they make strategic decisions {good managers selectively collect resources for gain or for profit}
  • they create company policies {this means they’re making rules for the company or organization}
What’s the Salary for a Business Operations Manager?
  • Median Salary is $100,000 per year
What kind of skills are involved with the position?
  • the ability to make decisions quickly
  • the ability to communicate effectively

I really appreciate your time and interest. Especially, for you reading “how to become a business operations manager”.
Please, see other posts right here on www.WolvOfficial.com
“The ability to effectively deal with dynamic market demand over the long term is an essential element of operations strategy.” (P42)
Respectfully Written,
Carl Wolfgang Schultz

Bibliography

Operations and Supply Chain Management 
14th Edition
Dr. Joel Wisner

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