Thursday, October 17, 2019
Operations Management Essay Example | Topics and Well Written Essays - 1250 words - 3
Operations Management - Essay Example One of the major reasons for effective management of sustainability in relation to Jaguarââ¬â¢s Land Rover is the incorporation of the sustainability governance structure. The structure is essential in illustrating the strategic management and practices in relation to how the organisation executes its business activities. The framework and structure has been proficient in enabling effective and efficient cross-functional engagement, thus the perfect platform for the organisation to maximise or optimise the value from the finance team. In the process of managing its activities, JLR focuses on ensuring that the policy relates to the corporate decision-making practices and processes through inclusion of sustainable development within the corporate business plan, thus elevation of the status of the policy to the similar level in comparison to other critical imperatives (Harper & Wells, 2012). From this perspective, it is remarkable that all business functions tend to incorporate a set of sustainability targets. In the case of JLR, finance professionals are critical to business planning practices and process, thus the tendency of guiding target setting process and the measurement and performance reporting activities, which might be ideal in facilitating progress. The governance structure has the ability to facilitate the occurrence of all business functions, thus the delivery of the JLRââ¬â¢s long-term sustainability vision, in addition to medium and long-term action plans, thus effectiveness and efficiency in understanding goals and targets (Harper & Wells, 2012). JLRââ¬â¢s sustainability approach or strategy focuses on the transformation of products and business operations under the influence of environmental innovation. In addition, the organisation considers increased investment in the human resources or people while advancing and encouraging the knowledge and support for the communities in the global context. From this perspective, the organisation
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