Strategy
Operating Model
Plain English
How a business runs day to day.
Definition
An operating glossaryModelA model is a system or representation used to process data and generate outputs, often trained to perform specific tasks.Open glossary term defines how an organisation delivers its products or glossaryServiceA service is a component or function that performs a specific task within a system.Open glossary term, including glossaryProcessA process is a defined sequence of steps used to achieve a specific outcome.Open glossary term, roles, systems, and workflows.
In practice
Used to structure teams, define responsibilities, and ensure efficient glossaryDeliveryDelivery is the process of building, testing, and releasing a product or feature.Open glossary term.
The reality
Even great glossaryStrategyStrategy is a high-level plan that defines long-term goals and the approach to achieving them.Open glossary term fail if the operating glossaryModelA model is a system or representation used to process data and generate outputs, often trained to perform specific tasks.Open glossary term can’t support them.
FAQ
Common questions
A few practical answers to the questions that usually come up around this term.
What is an operating model?
An operating glossaryModelA model is a system or representation used to process data and generate outputs, often trained to perform specific tasks.Open glossary term defines how an organisation delivers its products or glossaryServiceA service is a component or function that performs a specific task within a system.Open glossary term.
Why is an operating model important?
It ensures teams and glossaryProcessA process is a defined sequence of steps used to achieve a specific outcome.Open glossary term work effectively together.
What does an operating model include?
glossaryProcessA process is a defined sequence of steps used to achieve a specific outcome.Open glossary term, roles, glossarySystemA system is a collection of interconnected components that work together to achieve a specific function or outcome.Open glossary term, and glossaryWorkflowA workflow is a defined sequence of tasks or steps required to complete a process.Open glossary term.
How does an operating model relate to strategy?
It enables the execution of the glossaryStrategyStrategy is a high-level plan that defines long-term goals and the approach to achieving them.Open glossary term.
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