Functions of Operational Management:

1. Planning:
Planning is the foremost function of operational management. It involves setting objectives, developing strategies, and formulating action plans to achieve organizational goals. Planning involves the allocation of resources, determining timelines, and identifying potential obstacles.

2. Organizing:
Organizing involves arranging resources and activities in a structured manner to achieve the desired objectives. This function involves designing the organizational structure, defining roles and responsibilities, and establishing communication channels.

3. Controlling:
Controlling involves monitoring performance and taking corrective actions to ensure that the objectives are achieved. This function involves setting standards, measuring performance, comparing actual performance with standards, and taking corrective actions.

4. Directing:
Directing involves leading and motivating employees to achieve organizational goals. This function involves providing guidance, communication, motivation, and inspiration to employees.

Explanation:

Operational management is responsible for the efficient and effective use of resources to achieve organizational goals. The functions of operational management are interdependent and must be executed in a coordinated manner.

Planning involves setting objectives, developing strategies, and formulating action plans. This function is critical as it provides direction and focus for the organization. Organizing involves arranging resources and activities in a structured manner to achieve the desired objectives. This function ensures that resources are used efficiently and effectively.

Controlling involves monitoring performance and taking corrective actions to ensure that the objectives are achieved. This function is crucial as it provides feedback on the progress of the organization and enables timely corrective actions. Directing involves leading and motivating employees to achieve organizational goals. This function is essential as it ensures that employees are committed and motivated to achieve the organization's goals.

In conclusion, operational management is vital for the success of an organization. The functions of operational management provide a framework for achieving organizational goals. Effective execution of these functions requires coordination, collaboration, and communication.

State any four functions of operational management.

To supervise the work of the workers.

To pass the instructions and decisions of the middle level management to the workers.

To ensure that the quantity required is produced, quality is maintained and material wastage is minimized.

To ensure the maintenance of safety standards.