Today’s post is going to be about Operations.

As we saw in class, it is crucial for a company to have a good supply chain management and to possess a good communication between every division of its company such as marketing and accounting. I found an example that illustrates perfectly how important that communication and management are important. I will however not say the noun of the company because it is related to a people I know and after asking him answered that he agreed on telling the story whiteout the name of the company.

Company X was actually going to buy shares of a company on the market. The consulting company they hired asked them to wait a little, unfortunately because of one of the company X’s division this message was given too late. The company X lost a huge amount of money on that really small mistake.

For a small company like company X, that lost was enormous and they were in the obligation to fired many people as a result of that mistake.

If their communications were better between their different division, managers would have known the consultant advice and all those problems would have never existed.

A clear, trustful, transparent relationship between every divisions of a company is a key to a successful and stable company.