Business Finance - Operations Management MGT603 WEEK TWO ASSIGNMENT 3. ANSWER THE FOLLOWING QUESTIONS IN A WORD DOC, APA FORMAT, SCHOLARLY REFERENCES. CREATE AN AI PODCAST. SEE INSTRUCTIONS

Assignment 3: Recommend Actionable Operational Strategies

Instructions

Background

Your organization is changing, and a project manager was contracted to complete the project. You have mentioned previously that the facility layout in the laboratory section needs improvement. Fortunately, you were assigned as a subject matter expert, and the opportunity has presented itself to share your insight. However, first, you must qualify why change is necessary and why protecting the critical path is essential on this project. 

Instructions

Your organization is undergoing change, and a project manager was contracted to complete the project. You have mentioned previously that the facility layout in the laboratory section needs improvement. Fortunately, you were assigned as a subject matter expert, and the opportunity has presented itself to share your insight. However, first, you must qualify why change is necessary and why protecting the critical path is important in this project. Answer the following questions using the concepts discussed in the module two readings. Note: Ensure you incorporate APA standards (i.e., title page not required, body (questions and answers with supporting citations), and Reference page). 

https://guides.library.cornell.edu/c.php?g=31867&p=201759

MODULE 2 READINGS:

ARTICLES:

https://www.masterclass.com/articles/strategic-management

https://www.forbes.com/councils/forbesbusinesscouncil/2023/03/29/increasing-operational-efficiency-with-technology/

https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-supply-chain

QUESTIONS

· Explain why organizations must continually change and create their product and service mix. What are the steps involved in new product development? 

· When is project management used over process management? Describe Critical Path Scheduling.  

· Discuss how sustainability might be incorporated into a process or value change improvement initiative. 

· Explain the facility layout most appropriate for performing hospital laboratory tests. 

Length

Let's get creative! Use an AI tool to create a 5-8 minute podcast that will be shared with the Board with your recommendations. You may use an Avatar if you'd like for you as you present. Be sure to cite the AI tool you used and incorporate scholarly references to back up your data you recommend. (Some tools and use your own as well: Riverside.fm, Descript, Podbean.com, Heygen. and so many more).

Grading

This assignment is worth 30 points