User:Chethana Ranasinghe/sandbox

Importance of operation management to enhance the productivity and performance
The process of planning, controlling, and supervising manufacturing and production processes, as well as service delivery, is known as operations management. Operations management is critical in a business since it aids in the efficient management, control, and supervision of commodities, services, and people (Pekuri et al, 2011). As far as operations management is concerned, it affects every area and business. Every organization uses operation management in some way, even if it isn't obvious in some cases. Operations management ensures proper health delivery with the correct tools at the right time in the health sector (Neher & Maley, 2019).

It also aids nurses, doctors, surgeons, and other health professionals in providing prompt service. When anything goes missing, a tech-savvy person can figure out what went wrong (Neher & Maley, 2019). Operation management is a major unit that must first stand for a production or manufacturing organization to be successful (Pekuri et al, 2011). Take, for example, an oil and gas corporation that has shipped product to reservoirs in order to make it available to a large number of customers. Operation management ensures that items are delivered efficiently and prepares and schedules what needs to be done when and how it needs to be done (Neher & Maley, 2019).

People achieve more and productivity rises as a result of operation management (Neher & Maley, 2019). The only way to check employee input is to measure productivity, which is defined as the ratio of input to output. Operations management ensures that personnel are properly matched to resources in order to get the best possible results (Neher & Maley, 2019). Effective operations management is the only way to ensure productivity. The cost of product servicing is minimized through increased production, high-quality products, and customer satisfaction. This results in a rise in revenue at the same time. Only operations management has the ability to make this happen. There is also waste reduction when running costs are reduced (Neher & Maley, 2019).

Employee performance management and increasing the productivity
When an employee is productive, the organization reaps additional benefits (Pekuri et al, 2011). For one thing, non-disciplined employees who are otherwise regarded the same as hard-working personnel demotivate the others (Singh & Singhal, 2016). To the same end, a highly productive employee, specifically one who is rewarded for his efforts, can inspire other workers, boosting morale and improving the company's overall atmosphere. When employees are productive, the company's revenue rises, and the corporation may choose to reward its workers with bonuses (Pekuri et al, 2011). Failure to recognize and promote productive employees can demotivate the entire team (Singh & Singhal, 2016).

Employees could become more motivated and productive if a company shares some of its success with them in the form of wage hikes, bonuses, and increased perks (Pekuri et al, 2011). Furthermore, higher revenue may lead to the company expanding and hiring more personnel. Customers gain from productive employees because they deliver faster and better customer service than unproductive ones. Employees who are highly driven and rewarded for their work can provide even greater customer service and interactions (Singh & Singhal, 2016).

Great customer service, of course, can lead to client loyalty and word-of-mouth advertising, which could also lead to more income for the company (Pekuri et al, 2011). Employees must produce value for the company that surpasses the cost of employee compensation before it makes financial sense for the company to hire them. In this sense, an employee is a financial investment, and the investment must, in principle, pay off for the organization (Singh & Singhal, 2016). This is only possible if a worker is productive. Thus, the difference between an employee who makes the firm money and an employee who costs the business money is the importance of productivity in an organization.

Human resource management techniques for enhancing the productivity and performance of the business
Human resources managers are in charge of the most crucial aspect of any business: a productive, thriving employees (Pekuri et al, 2011). This necessitates treating individuals as assets rather than liabilities. A competent workforce, like any other asset, may be strategically exploited to generate value to an organization. The human resources management team advises the management team on how to manage people as business resources effectively (Prakash et al, 2017). Recruiting and employing individuals with particular skill sets to suit the company's present and future goals, organizing employee benefits, and providing employee training and development methods are all part of this process.

HR experts, in this sense, are consultants rather than employees in a separate business function; they advise managers on a variety of issues concerning personnel and how they may assist the corporation in achieving its objectives (Pekuri et al, 2011). Managers and HR experts collaborate at all levels of the organization to help employees enhance their abilities. HR specialists, for instance, advise supervisors and managers on how to assign people to various tasks within the organization, assisting the organization in successfully adapting to its environment (Prakash et al, 2017). Employees are moved around to different company roles in a flexible organization based on business priorities and employee preferences.

Human resource management necessitates strategic planning to accommodate not only an employer's changing demands, but also a competitive employment market that is continuously shifting (Pekuri et al, 2011). Employee benefit programs should be evaluated on a regular basis for their cost to the employer. By adding vacation days, flexible working arrangements, or retirement plan changes to the packages, employers can increase employee retention (Prakash et al, 2017). Many human resource managers, for instance, have recently overseen the inclusion of preventative health elements to typical health plans for both employment recruitment and retention initiatives. HR professionals can provide advice on how to increase employee commitment to the company (Pekuri et al, 2011). This begins with the use of the recruiting process, which involves matching individuals to the appropriate positions based on their qualifications (Prakash et al, 2017). Employees should be devoted to their jobs once employed and feel challenged by their manager throughout the year (Pekuri et al, 2011).

Importance of business analytics and data driven decision making to increase the productivity and performance of the business
Data driven decision making (DDDM) is a method of gathering information based on quantifiable objectives or KPIs, analysing patterns and facts from these findings, and implementing programs and tactics that benefit the company in a variety of ways (Kovács, 2018). Fundamentally, data-driven decision making entails achieving critical business objectives by relying on verified, analysed data rather than winging it (Neher & Maley, 2019). However, in order to derive true value from your data, it must be both accurate and relevant to your objectives. Collecting, extracting, structuring, and analysing insights for improved data-driven decision making in business used to be a massive undertaking, which inevitably slowed down the overall data decision-making process (Kovács, 2018). The value of data in decision-making resides in its consistency and growth. It allows businesses to find new business possibilities, increase revenue, forecast future trends, improve present operational efforts, and generate actionable information (Neher & Maley, 2019). As a result, you'll be able to build and evolve your empire over time, making your company more versatile.

The digital world is in continuous change, and that you must use data to create more informed and strong data-driven business decisions in order to keep up with the ever-changing landscape around business (Neher & Maley, 2019). Every organization's overall performance is severely harmed by data. It is the organization's most important component. Data-driven decision making is critical because it allows us to analyse data in real time and derive predictive insights (Kovács, 2018). It allows you to conduct research and determine what is and is not working for the company. This aids management in implementing policies and plans that are beneficial to the company's growth. Transparency and accountability are strengthened when decisions are made based on data (Neher & Maley, 2019). Maintaining an effective data-driven decision-making approach is recommended for any organization.

Taking care of your company's foundational elements is critical at all times (Neher & Maley, 2019). Data is the most important aspect of every business organization's performance. The productivity and efficiency of a corporation are determined by the data it collects (Kovács, 2018). Every organization should make it a priority to handle its data in the most efficient way possible in order to improve performance (Neher & Maley, 2019). It will use data-driven decision-making to arrive at key facts about the decision to be made. It's also a good idea to make sure there's a good ticketing information system and software in place for dealing with issues that slow down the procedure (Kovács, 2018).

Influence of effective leadership to manage the productivity and performance to increase profits and sustainability to the nature
In today's corporate world, there is a shift in how companies measure performance. Resources, market position, and liabilities have long been used to assess an organization's performance (Hanaysha, 2016). Businesses are now seeing beneficial results from connecting their financial performance with their environmental and social performance, a phenomenon known as sustainable performance. Sustainability is regarded as a business strategy linked to corporate social responsibility. Businesses are encouraged to use sustainability methods as a business processes in order to reap long-term benefits (Hanaysha, 2016). Currently, a variety of stakeholders are pressuring and praising businesses to achieve their voluntary environmental and social goals as a single entity in addition to their overall objectives (Hanaysha, 2016). When company leaders run their organizations with the environment, society, and long-term sustainable development goals in mind, they are practicing sustainable leadership. It's also known as PPP, or the triple bottom line: people, planet, and profit (Hanaysha, 2016).