The operating model
An "operating model" is how a company organizes and manages its resources to achieve its strategic vision. It is the bridge between strategy and execution. So the manner in which a company creates or updates its operating model to match changes in strategy is a crucial question for transformation programs. A sample operating model blueprint Source: PWC Strategy& Operating model serves as a bridge connecting strategy and execution Source: bain.com Structure - the company's organization chart, if you will - is primarily about accountabilities. Especially as companies transition to agile, they must learn to balance this accountability with increased autonomy. The new operating model also requires a governance structure and leadership model so leaders know how they will exercise operational control and inspire employees. Ikea anchors its cost leadership position on several differentiated capabilities Source: bain.com Operating models involve everyt...