Q 1 (approx. 400)
TOPIC:Machine Learning
Artificial intelligence is an integral part of gaining a competitive advantage through measuring, adapting and executing in real-time.
Read the article and comment on machine learning’s impact on OM performance measurement
·
Is machine learning an integral part of building a competitive advantage?
·
What are both the positive and negative impacts for OM performance measurement?
Agrawal, A, Gans, J & Goldfarb, A 2020, ‘how to win with machine learning’,Harvard Business Review, vol. 98, no. 5, pp. 126–133, viewed 20 November 2020, .
Q 2 (approx. 400 words)
TOPIC:Supply Chains in a Globally COVID-19 Impacted World
A post-COVID-19 market environment changes how businesses will operate at all levels of the supply chain.
Read the articles and comment
·
How will supply chains shape in a post-COVID-19 environment?
·
What will be the major shifts?
·
What recommendations would you makein
supply
chain
management?
NOTE: Consider Data-driven intelligence impacts
FOR CONTEXT WATCH AND READ
WATCH:Understanding the Economic Shock of the Covid-19 Crisis-Understanding the Economic Shock of the Covid-19 Crisis(Links to an external site.)
READ:
https://fortune.com/2020/08/19/china-us-trade-global-supply-chain-decoupling/(Links to an external site.)
READ:
https://fortune.com/2020/08/27/covid-climate-change-logistics-supply-chain-stability-coronavirus/(Links to an external site.)
READ:
https://www.oecd.org/about/impact/towards-ethical-supply-chains.htm(Links to an external site.)
Mollenkopf, Diane A, Ozanne, Lucie K, and Stolze, Hannah J. 2020, "A Transformative Supply Chain Response to COVID-19."Journal of Service ManagementAhead-of-print.Ahead-of-print : Journal of Service Management, 2020-08-24, Vol.ahead-of-print (ahead-of-print). Web.https://primo-direct-apac.hosted.exlibrisgroup.com/permalink/f/aqirjb/TN_cdi_crossref_primary_10_1108_JOSM_05_2020_0143(Links to an external site.)
Villena, V. H. and Gioia, D. A. (2020) ‘A More Sustainable Supply Chain’,Harvard Business Review, 98(2), pp. 84–93. Available at:http://search.ebscohost.com.ezproxy.lib.rmit.edu.au/login.aspx?direct=true&db=bth&AN=141551782&site=ehost-live(Links to an external site.)(Accessed: 17 December 2020).
Q 3 (approx. 400 )
TOPIC:Forecasting and Capacity Management in a Pandemic
Central to business success is its capability around forecasting and capacity management.
Read the two articles and comment
· How does a company plan and implement in a pandemic?
· How does it navigate the risks and set-up for the future?
· What are the key forecasting and capacity levers that could be examined and pulled for a ‘now’ and ‘future’ perspective?
Kaplan, RS, Leonard, HB & Mikes, A 2020,‘The Risks You Can’t Foresee’,
Harvard Business Review, vol. 98, no. 6, pp. 40–46, viewed 15 December 2020, .
Suarez, FF & Montes, JS 2020,‘Building Organizational Resilience’,
Harvard Business Review, vol. 98, no. 6, pp. 47–52, viewed 15 December 2020, .
Q 4 (approx. 400)
TOPIC:Supply Chain Design
Market responsiveness and ESG are two supply chain shaping forces.
Read the two articles and comment
·
How do you see supply chain design impacted in a post-covidworld?
·
What will be the shape-changers?
Aftab, Md Afzalul, Yuanjian, Qin, Kabir, Nadia, and Barua, Zapan. 2018,"Super Responsive Supply Chain: The Case of Spanish Fast Fashion Retailer Inditex-Zara."
International Journal of Business and Management13.5 : 212. Web.
https://primo-direct-apac.hosted.exlibrisgroup.com/permalink/f/aqirjb/TN_cdi_crossref_primary_10_5539_ijbm_v13n5p212(Links to an external site.)
SERAFEIM, G 2020,‘Social-Impact Efforts That Create Real Value’,Harvard Business Review, vol. 98, no. 5, pp. 38–48, viewed 11 October 2020, .
Q5 (approx. 400)
The post-covid era will see operations strategy and its management challenged. Industries and its companies will be facing relevance vulnerability; market disruption; or potentially obsoletion. Comment on how you, as a senior operations executive, would approach planning and decision-making.
Some areas to consider:
· Technology creates opportunities but also leaves destruction in its ‘wake’, i.e., human cost.
· Core competency transferability
· The company’s internal innovation capability
· Barriers to overcome, e.g., resources, skill gaps, competition, legislation, economics, governments, environment
· Customer sustained, transformed and collapsed behaviours
Brandenburger, A & Nalebuff, B 2021, ‘The Rules of Co-opetition’’,Harvard Business Review, vol. 99, no. 1, pp. 48–57, viewed 11 January 2021, .
Babic, B, Cohen, IG, Evgeniou, T & Gerke, S 2021, ‘When Machine Learning Goes Off the Rails’,Harvard Business Review, vol. 99, no. 1, pp. 76–84, viewed 11 January 2021, .
Bazerman, MH 2020, ‘A New Model for Ethical Leadership’,Harvard Business Review, vol. 98, no. 5, pp. 90–97, viewed 11 January 2021, .