The impact of operations strategy on strategic project management
Title: The Impact of Operations Strategy on Strategic Project Management
Introduction
Strategic thinking has become an essential requirement for the success of organizations of various sizes and sectors. Concepts of strategic planning and management are no longer just necessary for large companies but have also become a requirement for all endeavors aiming for excellence, success, and achieving sustainable competitive advantage. This has led them to apply these concepts in various operations and activities. Any organization, whether public or private, service-oriented or industrial, should manage its operations in a way that adds value to its customers. By selecting appropriate methods and strategies, organizations can design and operate processes to achieve the desired competitive advantage. These concepts are widespread in all industries as business leaders strive to develop new strategic management tools to address the growth of companies in a rapidly changing competitive world. This led to the emergence of project management just a few decades ago. Starting in the early sixties, businesses and others began to realize the value of project organization.
This project-focused vision evolved as institutions began to understand their urgent need for communication and collaboration among their employees with the integration of their work across different departments. The predominant influence of operations and its strategies on the fate of projects and companies led to several early researches and studies on the positive relationship between operations strategy and project management, highlighting the importance of strategy in developing operational capabilities.
Significance of the Study
This study derives its scientific importance from the necessity to clarify the concept of operations strategy and its role in strategic project management. The practical importance of the study lies in considering it a source for researchers and scholars who wish to understand more about the reality of operations strategy. This study could serve as a starting point for researchers and enthusiasts to conduct further research in this field.