What is an operating model?
An operating model is something that explains how companies or teams operate to create value. The operating model helps companies structure their teams and create an environment suitable for delivering value efficiently. Different companies and organizations have different ways of working, which is reflected through their operating model.
An operating model defines the path of execution and, when done right, can yield astonishing results, but it can also lead to failures when implemented poorly. Sometimes, brilliant ideas collapse because they are not executed right. Hence, organizations must spend time and effort defining the operating model that works best for their teams and business. It must focus on delivering value with minimum overheads and must be flexible. An operating model must be evolutionary, and it should adapt based on the changing priorities and nature of the business.
The key to building an operating model that can provide results...