Skip to main content
Top

2020 | OriginalPaper | Chapter

8. Operations Management

Authors : Tim Mazzarol, Sophie Reboud

Published in: Small Business Management

Publisher: Springer Nature Singapore

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Operations management is crucial to the success of any small business. It impacts both the firm’s financial and non-financial aspects. Of importance is the control that can be obtained over the firm’s cash flow, stock and other productive assets to achieve the maximum levels of operational efficiency and effectiveness. Each business is likely to be different in how it operates, and the key performance indicators (KPI) that it needs to monitor how it is performing. This chapter examines operations management and how it applies to small businesses. It includes a review of business process analysis, the development and use of meaningful KPIs, operations management systems and techniques.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
go back to reference Alpander, G., Carter, K., & Forsgren, R. (1990). Managerial issues and problem-solving in the formative years. Journal of Small Business Management, 28(2), 9–18. Alpander, G., Carter, K., & Forsgren, R. (1990). Managerial issues and problem-solving in the formative years. Journal of Small Business Management, 28(2), 9–18.
go back to reference Ashford, B. (2007). How benchmarking can mitigate risk in business transformation. BT Technology Journal, 25(1), 50–57.CrossRef Ashford, B. (2007). How benchmarking can mitigate risk in business transformation. BT Technology Journal, 25(1), 50–57.CrossRef
go back to reference Blakeman, J. (2002). Benchmarking: Definitions and overview. Centre for Urban Transportation Studies, University of Wisconsin-Milwaukee. www.uwm.edu Blakeman, J. (2002). Benchmarking: Definitions and overview. Centre for Urban Transportation Studies, University of Wisconsin-Milwaukee. www.​uwm.​edu
go back to reference Bogan, C. E., & English, M. J. (1994). Benchmarking for best practices: Winning through innovative adaptation. Boston: CEP. Bogan, C. E., & English, M. J. (1994). Benchmarking for best practices: Winning through innovative adaptation. Boston: CEP.
go back to reference Brown, A., Van der Wiele, T., & Loughton, K. (1998). Smaller enterprises’ experiences with ISO 9000. The International Journal of Quality & Reliability Management, 15(3), 273–285.CrossRef Brown, A., Van der Wiele, T., & Loughton, K. (1998). Smaller enterprises’ experiences with ISO 9000. The International Journal of Quality & Reliability Management, 15(3), 273–285.CrossRef
go back to reference Brown, L (1997). Competitive marketing strategy. Melbourne, Australia: Nelson. Brown, L (1997). Competitive marketing strategy. Melbourne, Australia: Nelson.
go back to reference Chittenden, F., Poutziouris, P., & Mukhtar, S.-M. (1998). Small firms and the ISO 9000 approach to quality management. International Small Business Journal, 17(10), 73–88.CrossRef Chittenden, F., Poutziouris, P., & Mukhtar, S.-M. (1998). Small firms and the ISO 9000 approach to quality management. International Small Business Journal, 17(10), 73–88.CrossRef
go back to reference DUBS. (1995). Operations management and control. Durham, UK: Small Business Centre, University of Durham Business School, Mill Hill Lane. DUBS. (1995). Operations management and control. Durham, UK: Small Business Centre, University of Durham Business School, Mill Hill Lane.
go back to reference Fassoula, E. D., & Rogerson, J. H. (2003). Management tools for SMEs. Total Quality Management, 14(10), 1114–1119. Fassoula, E. D., & Rogerson, J. H. (2003). Management tools for SMEs. Total Quality Management, 14(10), 1114–1119.
go back to reference Fisteus, J. A., & Kloos, C. D. (2006). Business process analysis. In M. Khosrow-Pour (Ed.), Encyclopedia of e-commerce, e-government, and mobile commerce (pp. 78–82). Hershey, PA: IGI Global.CrossRef Fisteus, J. A., & Kloos, C. D. (2006). Business process analysis. In M. Khosrow-Pour (Ed.), Encyclopedia of e-commerce, e-government, and mobile commerce (pp. 78–82). Hershey, PA: IGI Global.CrossRef
go back to reference Gonzalez, M. J., Martin, E., Buiza, G., Hidalgo, M., & Beltran, J. (2015). Implementation of an operations management system in eight Spanish SMEs. In International conference on Industrial Engineering and Systems Management (IESM), October 2015 (pp. 1296–1302). Seville, Spain. Gonzalez, M. J., Martin, E., Buiza, G., Hidalgo, M., & Beltran, J. (2015). Implementation of an operations management system in eight Spanish SMEs. In International conference on Industrial Engineering and Systems Management (IESM), October 2015 (pp. 1296–1302). Seville, Spain.
go back to reference Hannagan, T., & Bennett, R. (1995). Management: Concepts and practices. London: Pitman. Hannagan, T., & Bennett, R. (1995). Management: Concepts and practices. London: Pitman.
go back to reference Hongyi, S., & Tsz-Kit, C. (2002). Comparing reasons, practices and effects of ISO 9000 certification and TQM implementation in Norwegian SMEs and large firms. International Small Business Journal, 20(4), 421.CrossRef Hongyi, S., & Tsz-Kit, C. (2002). Comparing reasons, practices and effects of ISO 9000 certification and TQM implementation in Norwegian SMEs and large firms. International Small Business Journal, 20(4), 421.CrossRef
go back to reference ISO. (2015). Quality management principles. Geneva, Switzerland: International Standards Organization (ISO. ISO. (2015). Quality management principles. Geneva, Switzerland: International Standards Organization (ISO.
go back to reference Jacka, J. M., & Keller, P. J. (2009). Business process mapping: Improving customer satisfaction. 2nd edition. Hoboken, NJ,Wiley. Jacka, J. M., & Keller, P. J. (2009). Business process mapping: Improving customer satisfaction. 2nd edition. Hoboken, NJ,Wiley.
go back to reference Karagozoglu, N., & Lindell, M. (2004). Electronic commerce, strategy, operations and performance in small and medium-sized enterprises. Journal of Small Business and Enterprise Development, 11(3), 290–301.CrossRef Karagozoglu, N., & Lindell, M. (2004). Electronic commerce, strategy, operations and performance in small and medium-sized enterprises. Journal of Small Business and Enterprise Development, 11(3), 290–301.CrossRef
go back to reference Maire, J.-L., Bronet, V., & Pillet, M. (2008). Benchmarking: Methods and tools for SME. Benchmarking: An International Journal, 15(6), 765–781.CrossRef Maire, J.-L., Bronet, V., & Pillet, M. (2008). Benchmarking: Methods and tools for SME. Benchmarking: An International Journal, 15(6), 765–781.CrossRef
go back to reference Mazzarol, T., & Olivares, C. (2007). Action learning task 5: Business operations. Small business excellence program. Perth, Australia: Centre for Entrepreneurial Management and Innovation (CEMI), University of Western Australia. Mazzarol, T., & Olivares, C. (2007). Action learning task 5: Business operations. Small business excellence program. Perth, Australia: Centre for Entrepreneurial Management and Innovation (CEMI), University of Western Australia.
go back to reference McAdam, R., & Kelly, M. (2002). A business excellence approach to generic benchmarking in SMEs. Benchmarking, 9(1), 7–27.CrossRef McAdam, R., & Kelly, M. (2002). A business excellence approach to generic benchmarking in SMEs. Benchmarking, 9(1), 7–27.CrossRef
go back to reference McAdam, R., & McKeown, M. (1999). Life after ISO 9000: An analysis of the impact of ISO 9000 and total quality management on small businesses in Northern Ireland. Total Quality Management, 10(2), 229–241.CrossRef McAdam, R., & McKeown, M. (1999). Life after ISO 9000: An analysis of the impact of ISO 9000 and total quality management on small businesses in Northern Ireland. Total Quality Management, 10(2), 229–241.CrossRef
go back to reference Mkala, M. D., Wanjau, K. L., & Kyalo, T. N. (2018). Operations management and performance of manufacturing small and medium Enterprises in Kenya. International Journal of Research in Business and Social Science, 7(2), 2147–4478. Mkala, M. D., Wanjau, K. L., & Kyalo, T. N. (2018). Operations management and performance of manufacturing small and medium Enterprises in Kenya. International Journal of Research in Business and Social Science, 7(2), 2147–4478.
go back to reference Nwankwo, S. (2000). Quality assurance in small business organisations: Myths and realities. International Journal of Quality & Reliability Management, 17(1), 82–87.CrossRef Nwankwo, S. (2000). Quality assurance in small business organisations: Myths and realities. International Journal of Quality & Reliability Management, 17(1), 82–87.CrossRef
go back to reference Prasanna, M., & Vinodh, S. (2013). Lean six sigma in SMEs: An exploration through literature review. Journal of Engineering, Design and Technology, 11(3), 224–250.CrossRef Prasanna, M., & Vinodh, S. (2013). Lean six sigma in SMEs: An exploration through literature review. Journal of Engineering, Design and Technology, 11(3), 224–250.CrossRef
go back to reference Rahman, S. (2001). A comparative study of TQM practice and organisational performance of SMEs with and without ISO 9000 certification. International Journal of Quality & Reliability Management, 18(1), 35–45.CrossRef Rahman, S. (2001). A comparative study of TQM practice and organisational performance of SMEs with and without ISO 9000 certification. International Journal of Quality & Reliability Management, 18(1), 35–45.CrossRef
go back to reference Raymond, L. (2005). Operations management and advanced manufacturing technologies in SMEs. Journal of Manufacturing Technology Management, 16(8), 936–955.CrossRef Raymond, L. (2005). Operations management and advanced manufacturing technologies in SMEs. Journal of Manufacturing Technology Management, 16(8), 936–955.CrossRef
go back to reference Schlichter, J., Klyver, K., & Haug, A. (2018). The moderating effect of ERP system complexity on the growth–profitability relationship in young SMEs. Journal of Small Business Management in press. Schlichter, J., Klyver, K., & Haug, A. (2018). The moderating effect of ERP system complexity on the growth–profitability relationship in young SMEs. Journal of Small Business Management in press.
go back to reference Sharma, D. S. (2005). The association between ISO 9000 certification and financial performance. International Journal of Accounting, 40(2), 151–172.CrossRef Sharma, D. S. (2005). The association between ISO 9000 certification and financial performance. International Journal of Accounting, 40(2), 151–172.CrossRef
go back to reference Silver, B. (2017). BPMN quick and easy, with method & style. Altadena, CA: Cody-Cassidy Press. Silver, B. (2017). BPMN quick and easy, with method & style. Altadena, CA: Cody-Cassidy Press.
go back to reference Simpson, M., Padmore, J., & Newman, N. (2012). Towards a new model of success and performance in SMEs. International Journal of Entrepreneurial Behaviour & Research, 18(3), 264–285.CrossRef Simpson, M., Padmore, J., & Newman, N. (2012). Towards a new model of success and performance in SMEs. International Journal of Entrepreneurial Behaviour & Research, 18(3), 264–285.CrossRef
go back to reference Snaith, W. (1997). Business management program course notes. Durham, UK: University of Durham Business School, Mill Hill Lane. Snaith, W. (1997). Business management program course notes. Durham, UK: University of Durham Business School, Mill Hill Lane.
go back to reference Stickley, A., & Winterbottom, A. (1994). The nature of quality assurance and statistical methods in BS 5750. The Statistician, 43(3), 349–370.CrossRef Stickley, A., & Winterbottom, A. (1994). The nature of quality assurance and statistical methods in BS 5750. The Statistician, 43(3), 349–370.CrossRef
go back to reference van der Wiele, T., & Brown, A. (1997). ISO 9000 series experiences in small and medium sized enterprises. Total Quality Management, 8(2/3), 300–304.CrossRef van der Wiele, T., & Brown, A. (1997). ISO 9000 series experiences in small and medium sized enterprises. Total Quality Management, 8(2/3), 300–304.CrossRef
go back to reference van der Wiele, T., & Brown, A. (1998). Venturing down the TQM path for SME’s. International Small Business Journal, 16(2), 50–65.CrossRef van der Wiele, T., & Brown, A. (1998). Venturing down the TQM path for SME’s. International Small Business Journal, 16(2), 50–65.CrossRef
go back to reference Vazquez-Avila, G., Sanchez-Gutierrez, J., & Nuñez-Moreno, T. (2013). Knowledge management and operation management as drivers of competitiveness: Manufacturing SMEs in Guadalajara, Mexico. Competition Forum, 11(1), 50–55. Vazquez-Avila, G., Sanchez-Gutierrez, J., & Nuñez-Moreno, T. (2013). Knowledge management and operation management as drivers of competitiveness: Manufacturing SMEs in Guadalajara, Mexico. Competition Forum, 11(1), 50–55.
go back to reference Walters, D., & Lancaster, G. (2000). Implementing value strategy through the value chain. Management Decision, 38(3), 160–178.CrossRef Walters, D., & Lancaster, G. (2000). Implementing value strategy through the value chain. Management Decision, 38(3), 160–178.CrossRef
go back to reference Worster, A. J., Weirich, T. R., & Andera, F. J. C. (2012). Maximising return on investment using ERP applications. Hoboken, NJ: Wiley.CrossRef Worster, A. J., Weirich, T. R., & Andera, F. J. C. (2012). Maximising return on investment using ERP applications. Hoboken, NJ: Wiley.CrossRef
Metadata
Title
Operations Management
Authors
Tim Mazzarol
Sophie Reboud
Copyright Year
2020
Publisher
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-13-9509-3_8