Spotting the Red Flags in Operations Management: A Balanced Approach

Before a company reaches the crisis threshold, there are always indicators of trouble. Analyzing financial data is not enough to create a complete, accurate picture of a company9s health status because there is always a story behind the numbers. This article reveals some critical Operations Management indicators, including management issues, production and quality metrics, logistics, personnel, environment, scrap, communication and marketing, and health and safety concerns. Some of these may be difficult to spot from within an organization. The savvy operations management specialist can reveal them, analyze them and address them. Ideally, before a crisis becomes a crisis.