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Operations and technology management

Operations and technology management is a engineering topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Operations and technology management rather than just read about it. In short: Operations and Technology Management (OTM) is an interdisciplinary major which prepares students to gain knowledge and skills in the areas of operations management, IT management, and data analytics. This major is typically offered as part of business school and the curriculum is designed to develop the skills needed to manage and improve business operations through the integrated use of theories and methods from bo…

Key takeaways

  • Operations and technology management belongs to engineering; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Operations and technology management to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Operations and technology management from memory before moving on to harder problems.

Reference excerpt

Operations and Technology Management (OTM) is an interdisciplinary major which prepares students to gain knowledge and skills in the areas of operations management, IT management, and data analytics. This major is typically offered as part of business school and the curriculum is designed to develop the skills needed to manage and improve business operations through the integrated use of theories and methods from both operations management and information technology management (IT). Because of its inter-disciplinary nature, students graduating with OTM degrees tend to have more career options across a wide range of industries. For instances, students with OTM degrees can pursue many roles across Operations, IT, and Analytics fields. Many universities offer this major. For instance, the University of Portland offers a BBA in OTM and MS in OTM (MSOTM) programs. Harvard University offers MBA and DBA in Technology and operations management (TOM). The University of Wisconsin-Madison offers BBA and MBA programs in OTM. Cal Poly-Pomona offers programs in Technology and Operations Management (TOM). UCLA Anderson School of Management of Management offers Decisions, operations and technology management (DTOM) programs. Boston University offers programs in Operations & Technology Management (OTM). NYU's Stern offers a specialization in management of technology and operations.

References

Further reading book series: Operations and Technology Management, ed. by Prof. Dr. Thorsten Blecker; Prof. Dr. George Q. Huang; Prof. Dr. Fabrizio Salvador, Buchreihe Operations and Technology Management

Worked examples

Example 1 — a first encounter with Operations and technology management

Start with the simplest possible case. Write down what Operations and technology management claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In engineering, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Operations and technology management before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Operations and technology management ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Operations and technology management

In research
Operations and technology management appears in engineering research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Operations and technology management in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Operations and technology management is common in secondary-school and first-year university syllabi. It links to neighbouring topics Industrial engineering, so understanding it makes those chapters shorter.
In everyday life
Look for Operations and technology management outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Operations and technology management in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Operations and technology management means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Operations and technology management out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Operations and technology management in simple terms?

Operations and Technology Management (OTM) is an interdisciplinary major which prepares students to gain knowledge and skills in the areas of operations management, IT management, and data analytics. This major is typically offered as part of business school and the curriculum is designed to develo…

Why does Operations and technology management matter?

Because it connects several engineering ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Operations and technology management?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Operations and technology management.

Tags

  • Industrial engineering

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