No one is an island, and no BPI methodology in isolation is a silver bullet
While everyone currently is focused on short term issues including cash flow, when things start to return to normal the focus for business leaders will quickly shift to 'what have we learned from this', 'what changes do we need to make to our business in response to this' or ' what so we need to do now to get quickly back on our feet?'.
As we move towards this upswing, it may seem tempting to jump straight to a business improvement methodology such as Lean, Six Sigma or TOC. However without having the fundamentals in place, implementing these methodologies in isolation may yield only temporary and sub-optimal results. Why is this?
This article focuses on an essential business tool that is often being skipped over by businesses in their haste to achieve competitive advantage, and why this tool is essential for accelerating and sustaining operational excellence and business growth.
A fundamental step in achieving operational excellence is the establishment of a ‘best practice’ business operating system. More commonly known as Management Operating Systems (MOS), they are essential to ensure that substandard outputs are continuously identified and actioned.
