Operations & Supply Chain Management Essay Example | Topics and Well Written Essays - 750 words

Operations & Supply Chain Management - Essay Example equent governmental funds and approaches that were taken to effect this, the course in question has been beneficial and instrumental in helping to analyze the way in which a resource dependent economy can utilize the resources that it has, and is able to generate a substantial level of funding from, as a means of developing and diversifying other economic resources that can help the economy in the long run. With regards to the manner through which what has been learned within this course can benefit individuals, and indeed the entire society of the United Arab Emirates, in the future, it must be understood that the progress that has been affected, although impressive, should not be viewed as a victory entirely. The underlying reason for this can be traced back to Chapter 2; Strategy and Sustainability. Within this particular chapter, the class was engaged with the understanding that the United Arab Emirates face a situation in which continued action to leverage further economic development, further specialties, further education, the development of further infrastructure, and a litany of other aspects was a dependent reality of whether or not the nation’s economy would be able to continue its impressive growth rate into the immediate and long-term future (Khalid 3). Another understanding that can clearly be denoted is with respect to the fact that a large level of dependence and continues to exist within the economy of the United Arab Emirates with regards to profitability derived from the sale of natural resources. Ultimately, due to the fact that these resources are non-sustainable, the economy is faced with a situation in which the rapid level of growth that it has experienced over the past several decades is not guaranteed into the indefinite future. Eventually, the resources of natural gas and/or oil will be exhausted. Alternatively, changes in technology could create a situation in which the United Arab Emirates has remaining resources of natural gas

Step 1 of 4 Paper Essay Example | Topics and Well Written Essays - 250 words

Step 1 of 4 Paper - Essay Example How information flows from level to level in a company is also determined by the organizational structure. Decisions flow from top to down in a centralized structure while in a decentralized structure, making decisions is done at various different levels (Wailgum, 2007).Decentralized decision making should be preferred by managers because it gives the opportunity to the employees to participate in decision-making. This makes them have a sense of ownership of the company and, therefore, give their best. Companies can streamline their operations if they establish a hierarchical structure whose chain of command is clear. The organizational leadership structure should be able to provide direct supervision and regular feedback from employees (Lu, 2014). Corporate decision making allows all stakeholders be involved in decision making and their contributions valued. Autocratic leadership makes managers the sole decision makers and deters innovativeness as the creative employees do not get a room of implementing or sharing their ideas. Therefore, participative leadership which boosts the morale of employees because their contribution to the decision-making process is appreciated should be adopted by company heads. The success of any business is determined by the innovativeness of the company. Through innovation, companies bring into the market new products and services. Innovative methods assist companies reduce costs of operation and enhance customer satisfaction through quality improvement. Innovativeness can only be realized if creative employees are given room to share and implement their ideas. Leadership style used should support creativity and innovativeness among the employees to enhance the performance of their companies. Gilmore (2014) observes that the state of the art technology and network design has enabled Wal-Mart to track and predict inventory levels, manage customer service response logistics and relationships, develop more efficient