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Another great journal by FC, if you are on the ground floor of Operations you need to get this in order to really understand your role in the company. The operations journal is really two parts, the first being what is Operations Management and its nuances. The second, after you know the definitions, is about ‘how to.’ It is in this ‘how to’ that the journal excels in a way that no other book can.
This is truly more of a journal than a book. That is, this journal is meant to be written in. It contains a ton of useful templates that will guide you through the nuances of Operations. The journal is more practical than theory. The journal is spacious and contains a lot of space for you to use. These templates are top notch and having worked for a Big 4, there isn’t anything like this. In fact, on most engagements I have been on, we continually had to re-invent the wheel in terms of templates to carry out our work. This journal does not provide ‘best practice’ templates. Instead these templates are more ‘proprietary’ in nature because only others who follow Firmsconsulting or their work, would even recognize these templates. There is nothing like this in the industry.
I completely recommend that if you are doing the work and are in the process of crafting a career that touches operations management, you must get this journal.
The book covers three main aspects to help you understand and improve operations management. First, what it is and how it is different from corporate strategy. Second, a detailed case study showing actual slides used for the sequence of steps in a consulting engagement. Third, tools and templates to use to conduct your own operations management study. This includes an overview of the process, an example, and daily guides. These in-depth materials really help you to plan your work to solve an operations management problem. The case study and example illustrate how to apply the methodologies and tools that this book is loaded with, as opposed to simply describing what should be done without showing tangible examples, or being heavy on theory and light on practical application. You don’t see this level of depth and specificity in other operations management textbooks and the like. This will be valuable for consultants providing operations management services to clients, and for clients to understand the approaches that their consultants may be taking, or to solve these kind of problems themselves without engaging external consultants. Even though every problem and study is different, you can be successful by following the proven process outlined in this book, and it gives you the practical tools and templates that enable you to actually solve operations management problems effectively.
The operations management journal is designed to take the reader through an operations management strategy project as would be done by tier-1 management consulting firms. The first half of the book takes you through slides that were done for an operations engagement while the second half of the book is meant to be used for an actual project. The first half of the book is a bit confusing if you are not familiar with how FirmsConsulting does their projects, but you do get a good sense of how the project and presentation slides are organized. This is done in great detail and you can see in a step-by-step fashion how they are working through a project. The second half of the book is done so that an individual that is doing an operations strategy engagement can do one on their own. Everything is well organized in a logical, easy to understand fashion. Overall, it is similar to the other journals FC has written on how to conduct an engagement and will serve operations, and other consultants well.
I have a background in operations management, so I consider myself knowledgeable within the subject.
The conclusion however is, that I have not been taught in the essence of Operations Management, neither thought of Operations Management/Strategy as is described in the book. The book firstly provides an understanding of what it is, then digs deep into how it is implemented in a real case. In fact, the book demonstrates how it is effectively used in a case, where the company is among the best in the industry.
This is what is most unique about this book. In addition, you can also use it as your personal notebook in studies and projects for clients wanting to do an operations study or optimization.
As mentioned in the book, Operations Management/Strategy is all about managing the company's resources to become competitive in the industry the company is operating in. It is not just about cost-cutting, optimizing, etc.
There have been many books written on Operations Management which are much of the 'same old same'. This book is refreshingly different. Right out the gate it sets a superior framing of what Operations Management is all about and why you really need to step back and understand how the Operations Strategy one develops connects to the bigger picture and end goal the organisation is pursuing.
An excellent, in depth and detailed walkthrough of how the reader can develop a superior Operations strategy that is implementable and banks significant benefits for your clients. Tremendously useful!
Another Great tool provided by Firmsconsulting that provides you with great insights and a step-by-step workflow on how to analyse a company's operations with the end goal of enhancing competitive advantage and improving long-term productivity. Once again, they steer away from just providing you with generic, conventional jargon associated with operations.
You can work through the whole engagement, and is broken in phases from the initial analysis to the implementation phase. It will help you either springboard your thinking and tailor to meet the needs to the company, or ensure you don't miss important details in your analysis. There is also journal space for you to work in at the end of the book.
Highly recommended for practising consultants and operational managers but also anyone with an interest or future career desire to be in the consulting profession, as you wont find better material out there.
I gave this book 2 stars (I have several other journals in the series, and the others are 5-Stars). But this one is very cluttered without a proper learning structure.
If one of the objectives (for any book) is for the reader to walk away with new knowledge and techniques to apply it, I would say this is a pass for these reasons:
1. Way too confusing. Instead of covering a few topics well, this book has a blend of several different topics with a poor explanation of what, when, where, how to apply it.
2. Content is mostly rehashed from other journals in the series. And because those are more focused, I find them more valuable. I understand the costs increase, but they’re on point because they do a better job of explaining the topic - and therefore, are more effective as a book.
Huge fan of the other journals in the series, because they give non-specialists a broad toolkit to succeeding in any organization (financial analysis, project management, strategic thinking, project updates, status reports, tree, etc.).
But this one is too cluttered. It’s like an encyclopedia crammed into a dictionary and lacking the structure to make sense of it.
Don’t buy this book if you want to learn about operations management. The book doesn’t display properly on the Kindle and isn’t readable & the content isn’t worth the money. Save your cash for something else. Seriously.
This book walks you through a practical example of a full project, so you understand the goals and nuances of operations projects, and then explains how to use each of the tools and principles present in the example.
It also provides templates that can be used in your own project to drive greater impact.