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BGI Operations/Supply Chain Curriculum: The Evolution of a Core Experience Fall, 2011

Portland State 110411 Final

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Sustainable Operations - Integration with other Functions

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Page 1: Portland State 110411 Final

BGI Operations/Supply Chain Curriculum:The Evolution of a Core Experience

Fall, 2011

Page 3: Portland State 110411 Final

₪ The Current State

Today’s Agenda:

₪ The Future State

₪ The Gap

₪ The Business Model Experience

₪ Discussion

Page 4: Portland State 110411 Final

Sustainable Operations

8:00-8:15   Break   Break  

8:15-8:30     Circle   Circle Time Circle Time

8:30-8:45     8:15 Start   8:15 Start 8:15 Start

8:45-9:00     Great Hall   Great Hall 105

9:00-9:15     Break Break Break  

9:15-9:30   MGT II Systems Sustainable Ops Accounting II

9:30-9:45     9:15 start 9:00 start 9:15 Start 9:15 Start

9:45-10:00    

Great Hall, art studio, Ichthyology

 

10:00-10:15  

105,102,103Great Hall, with art studio & Ichthyology

 

10:15-10:30   105/102/103

10:30-10:45   Break   Break  

10:45-11:00     MGT II Systems Sustainable Ops Accounting II

11:00-11:15     10:45 Start 10:45 Start 10:45 Start 10:45 Start

11:15-11:30            

11:30-11:45        

11:45-12:00        

Great Hall, with art studio & Ichthyology

 

12:00-12:15    

105,102,103Great Hall, art studio,

Ichthy

 

12:15-12:30     105/102/103

12:30-12:45   Lunch Lunch & Break  

12:45-1:00   12:30 Start 12:30 Start  

1:00-1:15 Welcome Center Open      

1:15-1:30   DSJ - PDR    

1:30-1:45 Opening Circle Sustainable Ops Accounting II Faculty - Ichthyology

1:45-2:00 1:30 Start   1:30 start 1:30 start Admissions - PDR

2:00-2:15         Free Time  

2:15-2:30    

 

start 2:00  

2:30-2:45    

Great Hall, art studio, Ichthy

   

2:45-3:00 Great Hall   105/102/103Saturday afternoon events please see the living schedule3:00-3:15 Break   Break  

3:15-3:30 MGT II Systems Sustainable Ops Accounting II Entre/Intra Econ 1

3:30-3:45 3:15 start 3:15 start 3:15 start 3:15 start 3:15 start 3:15 start

3:45-4:00          

4:00-4:15  

Great Hall, art studio, Ichthy

     

4:15-4:30      

4:30-4:45     105/102/103  

Systems

Management

Accounting

Page 5: Portland State 110411 Final

Matching Supply With Demandby Gérard Cachon and Christian Terwiesch

2. The Process View of the Organization .

pdf

3. Understanding the Supply Process: Evaluating Process Capacity .

pdf

4. Estimating and Reducing Labor Costs .

pdf

5. The Link between Operations and Finance .

pdf

6.

Batching and Other Flow Interruptions: Setup Times and the Economic Order Quantity Model

.pdf

7. Variability and Its Impact on Process Performance: Waiting Time Problems .

pdf

8. The Impact of Variability on Process Performance: Throughput Losses .

pdf

9.

Quality Management, Statistical Process Control, and Six-Sigma Capability

.pdf

10. Lean Operations and the Toyota Production System .

pdf

11. Betting on Uncertain Demand: the Newsvendor Model .

pdf

12.

Assemble-to-Order, Make-to-Order, and Quick Response with Reactive Capacity

.pdf

13.

Service Levels and lead Times in Supply Chains: The Order-up-to Inventory Model

.pdf

14. Risk-Pooling Strategies to Reduce and Hedge Uncertainty .

pdf

15. Revenue with Capacity Controls .

pdf1

6. Supply Chain Coordination .

pdf

Page 6: Portland State 110411 Final

Current Operations Curriculum

LEAN

Sustainability

Traditional Ops

TraditionalApproach

SustainableApproach

Page 7: Portland State 110411 Final

₪ The Current State

Today’s Agenda:

₪ The Future State ₪ The Gap

₪ The Business Model Experience

₪ Discussion

Page 8: Portland State 110411 Final

“Triple Bottom Line”

“Sustainability”

Page 9: Portland State 110411 Final

Triple Bottom Line – Reality

Profit

People Planet

Sustainability

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“…Sustainability: the possibility that human and other life will flourish on the planet forever.”

John Ehrenfeld in Sustainability by Design.

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Integrated Bottom Line – Goal

Profit

Planet People

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WBCSD

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WBCSD

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Concept

Business Model

Validation Customer Strategic Financial Operational

Business Plan

Q1/I3

Q1/I3, Q2/I1, Q2/I2

Q2/I2

Q2/I3

Iteration and Refinement

Structure of the Project/Quarter

Page 15: Portland State 110411 Final

MBA in Sustainable Systems

Year OneCapitalism in Context: Economics for People

& Planet LPD

Values and Value Creation: Business Models for the 21st CenturyLPD

Means and Measures: Accounting for Triple Bottom Line SuccessLPD

Page 16: Portland State 110411 Final

MBA in Sustainable Systems

Year TwoAction Learning Practicum I

Management I

Elective

LPD

Action Learning Practicum II

Management II

Elective

LPD

Action Learning Practicum III

Elective

Elective

LPD

Page 17: Portland State 110411 Final

₪ The Current State

Today’s Agenda:

₪ The Future State

₪ The Gap ₪ The Business Model Experience

₪ Discussion

Page 18: Portland State 110411 Final

Q2: Values and Value Creation

Marketing Operations

LPDEconomicsDesignTeamsAccounting &

Finance

Strategy

Values: Personal, Financial, Environmental, Social

Systems

Page 19: Portland State 110411 Final

Structure of the Project/Quarter

Concept

Business Model

ValidationCustomerStrategicFinancialOperational

Business Plan

Q1/I3

Q1/I3, Q2/I1, Q2/I2

Q2/I2

Q2/I3

Iteration and Refinement

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20

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21

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CaValues &

Value Creation

Means & Measures

Second Year

1st Year Integration

sass

s

Capitalism InContext

4 Ideas 1 Plan

Basics

LDP & Teams

Page 23: Portland State 110411 Final

Learning Objectives

KEYCONCEPTS

Values, perspectives, and methodologies that contribute to a sustainable business including social justice, trans-formative innovation, systems thinking,  stakeholder engagement and strategic decision-making

Opportunity identification and assessment for business solutions to ‘big issue’ problems —  i.e. value creation on a global scale

Business models and key strategic planning tools appropriate for use in model selection

Comprehensive multi-stakeholder engagement processes, recognizing customer insights and collaborative opportunities

Values & Value Creation

Page 24: Portland State 110411 Final

Learning Objectives

KEY CONCEPTS (cont)

Key components of the strategic planning process, including innovation, competition, visioning, transformation, and collaboration

Marketing concepts related to developing a business plan, including segmentation, branding, messaging and positioning

Fundamentals of operations & supply chain management

Feasibility studies, including operations and financial components (cost analysis, breakeven, sales scenarios &projections, operating costs, P&L, and capital requirements)

Values & Value Creation

Page 25: Portland State 110411 Final

Learning Objectives

CORE COMPETENCIES

Develop and demonstrate the capacity for strategic visioning,

creative thinking and transformative innovation

Apply appropriate business tools in an appropriate sequence

in order to make critical strategic decisions and recommendations

As a part of a strategic decision making process, distill big

ideas into action by facilitating creative thinking and utilizing other

planning tools

Identify stakeholder needs by conducting secondary and

qualitative marketing research

Values & Value Creation

Page 26: Portland State 110411 Final

Learning Objectives

CORE COMPETENCIES (cont)

Develop the elements of a marketing and operation plans to support the launch of a new offering

Demonstrate successful project management skills

Apply systems thinking tools to support project formulation (causal loop diagrams, leverage point identification, etc.)

Demonstrate and apply problem-solving and adaptive leadership skills when dealing with ambiguity

Communicate value creation persuasively

Values & Value Creation

Page 27: Portland State 110411 Final

₪ The Current State

Today’s Agenda:

₪ The Future State

₪ The Gap

₪ The Business Model Experience₪ Discussion

Page 28: Portland State 110411 Final
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A Business Model describes the rationale of how an organization creates, delivers, and captures value. (p. 14)

The purpose of a Business Plan is to describe and communicate a for-profit or non-profit project and how it can be implemented, either inside or outside an organization. (p. 268)

From Business Model Generation

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Value Proposition

Customer Segments

Customer Relationships

Channels

Key Activities

Key Resources

Key Partners

Cost Structure

Revenue Stream

Executive Summary

Product or Service

Sustainability or Social Justice Edge

Customers and Market

Competition

Marketing and Sales

Operations

The Venture Team

Partnering Strategy

Risks and Assumptions

Management

Analytics

Business Model Canvas Business Plan Outline

Page 32: Portland State 110411 Final

₪ The Current State

Today’s Agenda:

₪ The Future State

₪ The Gap

₪ The Business Model Experience

₪ Discussion