The course will give students an understanding of the ‘language of the workplace’.
The first part of the course deals with issues and challenges relating to context, process and content of strategy formulation and implementation. The course will provide a foundation to understand and analyze strategic issues managers confront.
In the latter part the focus is on operations management and covers the intricacies of operations, global supply chains, their constraints or bottlenecks, supply chain management, bullwhip effect, etc. These concepts are crucial to understanding how products reach retail stores from manufacturing units, the efficiency and challenges of these processes, and finally the associated risks and how these are resolved.