What Challenges Do Business Leaders Face in Operations Management?
Business leaders face numerous challenges in operations management, including:
Globalization: Managing operations across different countries with varying regulations and market conditions. Technological advancements: Keeping pace with rapid technological changes and integrating new technologies into existing operations. Workforce management: Attracting, retaining, and developing skilled employees to support operational goals. Supply chain disruptions: Mitigating risks associated with supply chain disruptions caused by natural disasters, political instability, or other factors. Sustainability: Implementing sustainable practices to reduce environmental impact and meet regulatory requirements.