In today's volatile digital world, setting the right strategy for your business is only half the battle. The other half is to have a reliable model to turn these goals into day-to-day actions throughout the organization. That's where an operating model usually comes in. We build further upon this idea to help companies create a "dynamic operating engine". These are essentially cutting-edge business processes - whether supply chain, finance, sales, HR, etc. - that are high-powered and dynamic. Currently, most business processes tend to evolve organically and slowly and easily concede competitive advantage to new, digital players. That's dangerous.
ILLUSTRATING THE POWER OF OPERATING MODELS
This story is from the December 2023 edition of Entrepreneur magazine.
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This story is from the December 2023 edition of Entrepreneur magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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