Operational Effectiveness of Dow Chemical Co. (Dow) Essay

Operational Effectiveness of Dow Chemical Co. (Dow) - Essay Example This essay explores basically four inter-related processes in relation to the operational effectiveness cycle.   The first process involves the leading and controlling of functional performance such as sales, production, logistics, research, and development among others. These functions are specialized to ensure that there is focus on the organization’s core competencies, which differentiate the company from its competitors. Aside from the functions, processes also play a vital role in the company’s operations. As such, measuring and improving processes or standard methods follow. Operational effectiveness also requires the constant and systematic search for opportunities to leverage the company’s core expertise. These processes result in the continuous improvement in functional performance. Dow is a $33 billion enterprise, which serves customers in more than 180 countries. The company may be virtually unknown to the end-user sector since its products are not g enerally used by consumers. Dow provides innovative â€Å"building block† chemical, plastics and agricultural products that form part of a wide range of consumer industries. Top industries for Dow’s products include automotive and transportation, building maintenance and construction, electronics and entertainment, food and food packaging, health and medicine, home care and improvement, paper and publishing, and water purification. In an interview with Mr. William S. Stavropoulos, Dow Chairman, and Chief Executive Officer, he admitted that the company has undergone massive restructuring and changes in its product line. Its corporate plan is divided into two phases, the positioning stage, and growth stage.