Operations Management
About Our Operations Management Faculty and Research
Our operations management faculty deliver a deeper understanding of a firm’s operational competencies, processes and supply chain, and desired business strategies rather than a technical engineering view of operations. They teach students to manage a business well through design, planning, control, coordination and improvement of business processes, systems and resources essential to meet consumers’ needs.
Sample Electives
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This course considers various publicly available projections of long-term world and U. S. energy markets to 2050. The focus is on the relative impact of input assumptions on modeled trends in the energy sector with an emphasis on renewables. Students will form teams to take a qualitative look at the risk, uncertainty and relative impact of economic growth, demographics, oil price, oil & gas supply, renewables cost, policy, and other assumptions. The teams will also consider how policies, investment and technology advances could drive energy trends to lower emissions. Mutually Exclusive: Cannot register for MGMT 609 if student has credit for MGMT 612.
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This course considers the energy transition, consumption, production, and emission trends; international and U.S. domestic policy; the changing electricity market; and the role of renewables. Students will form project teams to consider the impact of the growing supply of sustainable and renewal energy in the energy sector and the impact on decarbonization. Mutually Exclusive: Cannot register for MGMT 612 if student has credit for MGMT 609.
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This course introduces the fundamentals of Python programming environment with a focus on applied statistics and business applications. Students will learn how to read and write scripts, manipulate and clean data, run APIs and data visualization using contemporary Python data science libraries. This course serves as a foundation for courses in machine learning and advanced application courses in finance, marketing and operations.
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Examines the key components that build an effective operations strategy for driving a 21st century company’s competitive business strategy. Covers a range of industries and uses current events and cases to highlight the underlying theories and practices. Also looks at cutting-edge topics in operations and supply chain management.
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An analytic introduction to the design and integration of successful operations tactics both within the organization and across the supply chain. The course focuses on quantitatively understanding, managing and improving processes and flows of products, customers, and information and using measurable techniques to address bottlenecks, manage inventory, improve quality, and other strategic issues in operations.
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This course introduces a data-driven culture in healthcare operations and patient care. Lectures cover fundamentals of data management, analytics maturity models, and using data to enhance collaboration and research. Invited speakers cover applications of machine learning and AI for healthcare automation. Overall goal is delivering value-based healthcare with enhanced safety.
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This course focuses on the fundamentals of project management. Students will have the opportunity in this course to apply many of the subjects discussed in the MBA program in practical ways through case studies and consulting with company project managers.
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This course introduces students to a structured approach for managing and valuing physical energy assets. The focus is on investment and operating decisions in the context of modern energy value chains in the ongoing transition toward net zero emissions. Students build and apply business analytics models of the physical assets to (I) develop a conceptual understanding of how operational levers and market and technical risks affect optimal choices and (ii) enhance managerial effectiveness in this space.
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Developing strategies to optimize the integrated planning and execution of processes that facilitate the flow of materials, information and financial capital. Topics explored include Materials Demand Planning, Procurement Systems, Inventory Management, Strategic Sourcing, Supplier Relationship Management, Logistics and Asset Management.
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This course draws together core MBA curriculum theory and provides the methodologies, tools, and hands-on experience for students to practically design comprehensive, real-world strategic plans for businesses and non-profits. Through a combination of lecture and hands-on application experience, students will become more confident working in the different parts of a strategic planning cycle.
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Operational Process Excellence, focused on the efficiency and effectiveness of operations processes, is a fundamental driver of business success. This course provides students with hands-on experience with simple tools, techniques, and frameworks for recognizing and addressing performance improvement opportunities. Students develop a process-centric lens with which to consider commercial competitiveness.
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Process performance improvement requires a fundamental set of analytical and statistical tools. This course provides students with the knowledge of key process improvement tools including how their uses are planned and applied and how to interpret their output. This is accomplished through lectures and through exercises that require hands-on practical application of the tools.
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This course provides students with a detailed Lean Six Sigma roadmap and critical-thinking skills for leading a process improvement project from codifying the business problem, understanding baseline state, identifying root causes to performance shortfalls, developing and implementing the solution, and sustaining improved performance.
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This course provides a comprehensive overview of healthcare systems, their challenges and opportunities, and strategies for improvement. Students will learn about the current US healthcare system, its structure, financing, and delivery, as well as emerging trends and policy issues. They will also develop skills in systems analysis, design, and improvement, and learn how to apply these skills to real-world healthcare challenges.
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This course provides students the opportunity to build their operations and supply chain management skills through a hands-on, real-world project with a client company. Students work in 3–4 member teams, alongside representatives from the client organization, to address and resolve a meaningful supply chain issue. In addition to project execution activities, teams meet weekly to discuss project progress as well as associated obstacles and challenges.
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This course provides the needed skills, along with the experience of leading and facilitating change in a live, healthcare environment with actual processes, staff and business value on the line. Students are paired, given a real business problem in a major Houston healthcare system and guided to deliver the solution, implementation plan and control plan.
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This course gives students the opportunity to apply their knowledge, skills, and experience to explore one of the many opportunities or challenges in the Energy Transition. The Energy Transition is the shift in energy supply mix to meet growing energy consumption while avoiding negative environmental impact. For example, energy security, economic competitiveness and environmental responsibility are important considerations in the decarbonization of the electric grid, transportation, industrial, and building sectors and the increasing reliance on renewable energy sources. In addition, the integration of oil, natural gas and renewable power generation and consumption will leverage information and communication technologies, artificial intelligence, and advance modeling and simulation techniques to accelerate implementation. Students work in 2-, 3- or 4-member teams on an energy topic of interest. Students seek advice and mentorship from outside experts as they consider the impact of actions, investment and policy on relevant NGO, government, industry, consulting, or investment organizations.
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Course focuses on capital themes across the energy transition. Student teams will construct, validate, and propose a climate tech investment opportunity.
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This course provides an understanding of how to build and lead a data driven business. Lectures cover fundamentals of data management, analytics maturity models, the role of “Big Data,” application of artificial intelligence, machine learning, and cognitive computing technologies for predictive and adaptive analytics, and creating value-based business analytics strategies.
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This course considers the operations executive’s role in delivering to corporate objectives, in peer-to-peer executive relationships, and in operations organization leadership. The student will select a business case study that applies concepts discussed in the textbook, such as capacity planning, supply chain management, cost reduction and technology insertion. In preparing the case study, the student will consider the influence of process maturity, process improvement, corporate structure, and the operating challenges presented by the energy transition to a more carbon-neutral, climate-neutral future.
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This course introduces the leadership thinking, tools and skills required to bring strategic alignment, drive performance change and create sustainability in operations. Topics include: developing a strategy into an executable form; linking measures and change initiatives; project infrastructure, prioritization, resourcing, and methodologies (such as Lean and Six Sigma); embedding standardized processes and process management.
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The main purpose of this course is to expose students to the interactive process of analyzing and exploring enterprise data to find insights that can be leveraged for competitive advantage. We will apply analytical tools to data in order to learn how to discover patterns and associations in business data that would otherwise be ignored. We will go through the steps of a typical data science project, such as data exploration, data visualization, (data) storytelling, prediction, classification, and optimization, using a real-world data set.
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In the PMBA Capstone Strategy Consulting Lab students provide comprehensive, real-world strategic planning for small businesses and not-for-profit organizations. Students assess the company’s/non-profit’s current situation to recommend strategic and functional improvements. Students detail designs for the recommendations, make the business case, and provide the implementation roadmap to the senior executives and board of directors. Students have the option to develop a full strategic and business plan for a not-for-profit organization they intend to launch.
Rice Business Wisdom features faculty research applied in the classroom.