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Level 5 Diploma in Tourism and Hospitality Management

Strategic Operations and Competitive Advantage

THM502 · Operations Management — Week 2 of 16

CourseTHM502
Week2 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Strategic Operations and Competitive Advantage

  1. Porter's value chain framework
  2. Order winners and order qualifiers
  3. Operational cost-efficiency versus service differentiation
  4. Customer value creation
  5. Value Chain Analysis EXPLAINED | B2U | Business To You
  6. Porter's Value Chain Analysis Explained | How Businesses Create Competitive Advantage
  7. CIMA E3 Value chains, value networks and supply chain management

What you will be able to do

  • 1.3 Analyse the ways in which operations management can be used to create customer value and competitive advantage.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: analyse the ways in which operations management can be used to create customer value and competitive advantage.

Study materials

Videos

  • Value Chain Analysis EXPLAINED | B2U | Business To You · YouTube · Business To You · 17 min · for registered students
  • Porter's Value Chain Analysis Explained | How Businesses Create Competitive Advantage · YouTube · Mister Simplify · 13 min · for registered students
  • CIMA E3 Value chains, value networks and supply chain management · YouTube · OpenTuition · 18 min · for registered students

Further resources

  • Mastering Strategic Management, ch. 4: Managing Firm Resources · PDF · Saylor Academy, textbook chapter; pp. 101–134 · for registered students
  • Principles of Marketing, ch. 11.2: Service-profit chain and service triangle · PDF · OpenStax, textbook chapter; pp. 379–385 · for registered students
  • Operations Management (Fanshawe), ch. 1: Introduction to Operations Management · Reading · Other, textbook chapter; PDF pp. 23–52 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Evolution and Foundations of Operations Management
  • Week 2: Strategic Operations and Competitive Advantage
  • Week 3: Operations Systems and Process Design
  • Week 4: Product and Process Innovation in Hospitality
  • Week 5: Supply Chain and Logistics Management
  • Week 6: External Operational Environment and Sector Comparison
  • Week 7: The Virtual Marketplace and Digital Operations
  • Midterm: Midterm evaluation
  • Week 9: Fundamentals of Visitor Attraction Management
  • Week 10: Visitor Attractions and Destination Development
  • Week 11: Management and Control Systems in Visitor Attractions
  • Week 12: Applying Operations Management in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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