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The Operating Model: Unraveling the Power of Business Synergies
In the world of business, each company has its unique operating model, influenced by factors like industry, size, and maturity. While different, all operating models share common components: guiding principles, organization structure, processes, technology, people, and culture.
To run smoothly, businesses must coordinate their people, infrastructure, tools, and processes. This teamwork allows them to navigate the market, create surplus value, and grow. It's what we call their operating model.
The operating model showcases how these different parts of a business work together, guided by important principles. Imagine it as a GPS for businesses, helping them find their way and achieve their goals.
Alternatively, think of it like the human nervous system, where everything connects and works together to create something greater than its parts. This interplay brings value and keeps the business running smoothly.
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