O'Reilly logo

Managing Operations by Alan Hart, Bob Johnson

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

1Operations: theengine of thebusiness

Four managers were debating the relative importance of the functions which they represented.

‘A business can't do anything without finance’, argued the accountant. ‘Without money, there'd be no resources. If we didn't make a profit, we'd go bust. The finance function has a vital job to do. You depend on us to raise the money you need, to make sure everything you do is cost-effective and that you make enough profit for the business to survive’.

‘That's all very well’, replied the marketing manager, ‘but finance doesn't make money. You just borrow it from somebody else, then stop us wasting it. The biggest contribution you make is to say ‘No, we can't afford it’. It's marketing that's most important. We're ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required