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In this course we examine the golden triangle of cost, quality and time to evaluate the challenges and risks that evolve in Business Operations Management. We start with a brief overview of the five main sources of competitive advantage; cost advantage, improve quality, time to market, product differentiation and service differentiation. This leads to a conversation about how to deliver performance by coordinating business operations components and the actors involved. Then we explore how to remain competitive and aligned where the threat of uncertainty is very high. This course serves to help business operations remain responsive in managing uncertainty.

Learning Objectives

  • Explore the five main sources of competitive advantage; cost advantage, improve quality, time to market, product differentiation and service differentiation.
  • Identify how to deliver performance by coordinating business operations components and the actors involved.
  • Discover how to remain competitive and aligned where the threat of uncertainty is very high.
Last updated/reviewed: August 29, 2021

Included In Certifications

This course is included in the following Certification Programs:

8 CoursesBusiness Operations Management Certification

  1. Introduction to Business Operations Management
  2. Process Flow and Capacity Management
  3. Lean Operations and Quality Management
  4. Supply Chain Management
  5. Risk Assessment and Mitigation
  6. Tool kits and Techniques for Business Operations Planning
  7. Implementing a Business Operations Plan
  8. Adapting to Evolving Business Risks and Opportunities

Prerequisites

Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  0:52Introduction to Adapting to Evolve Risks and Opportunities
  14:08Key Concepts
  11:16Five Sources of Competitive Advantage
  15:07Coordinating Business Operations
  17:08Threat of Uncertainty
  1:56Conclusion
CONTINUOUS PLAY
  1:00:27Adapting to Evolving Business Risks and Opportunities
SUPPORTING MATERIAL
  PDFSlides: Adapting to Evolving Business Risks and Opportunities
  PDFAdapting to Evolving Business Risks and Opportunities Glossary/ Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM