Learning Through Industry Visits! - IIM Sirmaur
Experience is the best teacher. In the second term, Prof. S Venkataramanaiah was one of the extraordinary minds, who taught us Operations Management. Operations management is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labour (inputs) into goods and services (outputs) as efficiently as possible to maximize the profit of an organization. Having experience in various projects and consulting firms, Prof. Venkat advised us to start taking up various issues and problems faced by the society and industry and trying to solve those. He opened our minds to the limitless possibilities to where the operations management can be applied starting from simple tea making to a rocket launch.
