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Hello Everyone!!

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 OPERATIONS AND
HUMAN RESOURCE
ENTREPRENEURSHIP MANAGEMENT
N i a n Vi n c e n t A b a l a h o n
Jean Katlyn Bruno
Jun Mark Ritual
 CONTENTS
 Quotes
ENTREPRENEURSHIP  Activity
 Discussion
 Questions
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“When people go to work, they
shouldn’t have to leave their hearts
at home.”

– Betty Bender

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“In order to build a rewarding
employee experience, you need to
understand what matters most to
your people.”

– Julie Bevacqua
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“I am convinced that nothing we do
is more important than hiring and
developing people. At the end of the
day, you bet on people not on
strategies.”

– Lawrence Bossidy
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Riddle me this..

Can you tell me who am I??

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I have four feet at

morning, two feet at
afternoon and three feet
at evening, tell me who
am I??
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I am harmless, but trust

me I can kill you, tell me
who am I??

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You always look at me,

saying what your
standards always be, tell
me who am I??

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Everyone wants more of it

to feel special, yet the
more you have of it the
less special you feel, tell
me who am I??

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You can always have it

once you have given it,
tell me who am I??

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 Production / Operation Management
o The process which combines and transforms various
resources used in the production or
operation subsystem of the organization into value
added products and services in a controlled manner as
per the policies of the organization.

o Deals with the creation of goods and services through

the application of the business concept.

o They are also vital in both service

and manufacturing firms.
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4 M’s of Operation Management

 Method (Process, Schedule, Procedure) - Do we have standard
work methods in place which ensure and support consistent, safe
production?
 Manpower (Skill, Technology, Organization, Resources) – Do our
associates have the skill (and the will) to do what is expected of
them safely, consistently and effectively?
 Machine (Equipment) – Are our machines capable of safe and
reliable output at the desired quality and rate? Do breakdowns,
defects or unplanned stoppages inhibit their ability to meet that
goal?
 Materials (Information, Raw Materials, Consumables, Quality) –
Do they meet the required specifications – are there no defects
and shortages? Is excess handling or movement reduced or
eliminated? Are they stored appropriately?
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Production / Operation
Management Practices
Plan and control production - deals with
decision that will enable the entrepreneur to
produce goods or offer services:

1. Succeeding to customer’s needs

2. In the quantity demanded
3. In the schedule demanded
4. at minimum costs

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Production / Operation
Management Practices

“Adopt the standard production

models”

 Whatever the business needs to

produce and to be able to sell
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Production / Operation
Management Practices

“Design plant layout for better

efficiency”

 Layout pertains to the way

machines, workplaces, and storage
areas located in relation to one
another.
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Production / Operation
Management Practices
“Choose the right machines and
equipment”

 The choice of machine and

equipment affects the overall
profitability of your business.
Moreover, the money used to buy
machines and equipment is a form
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Production / Operation
Management Practices
“Purchase based on needs and on
time”

 This can reduce cost.

Determine what needs to be
ordered, the reliable sources of
supply.

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Production / Operation
Management Practices
“Maintain machines and
equipment properly”

 It is crucial to keep machines and

equipment in good condition.

Proper maintenance ensures a

smooth flow in production.
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Production / Operation
Management Practices
“Ensure quality control”

 Check the quality of raw

products.
Calibrate measuring and testing
equipment
Maintain machines properly.

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 Human Resources Management
 Refer to the practices and policies that
influence employee’s behavior, attitudes, and
performance.

 Is the practice of managing people to achieve

better performance.

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Human Resources
Management Practices
1. Adopt a good selection process
2. Develop effective training programs
3. Conduct performance management
4. Implement an attractive compensation scheme
5. Design work-family balance program
6. Observe fair employee relations practices

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Human Resources
Management Practices
7. Determine entrepreneur’s role in business
8. Get the right people
9. Prepare an employee manual
10. Invest in human capital
11. Motivate people in the workplace
12. Maintain employees’ commitment and loyalty
13. Effectively communicate policies and practices
with employee

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ENTREPRENEURSHIP Thank you!!
N i a n Vi n c e n t A b a l a h o n
Jean Katlyn Bruno
Jun Mark Ritual