What is Operational Excellence ?
Operational Excellence is an element of organisational leadership that stresses the application of a variety of principles, systems, and tools toward the sustainable improvement of key performance metrics.
A philosophy of the workplace where problem-solving, teamwork, and leadership results in the ongoing improvement in an organisation. The process involves focusing on the customers’ needs, keeping the employees positive and empowered, and continually improving the current activities in the workplace.
Much of this management philosophy is based on earlier continuous improvement methodologies, such as Lean Manufacturing, Six Sigma, and Scientific Management. The focus of Operational Excellence goes beyond the traditional event-based model of improvement toward a long-term change in organisational culture.
Why it is required ?
Operational Excellence helps the organisation to improve the performance levels that helps organisations to become competitive in the market. Operational Excellence helps your organisation to challenge the current status quo and achieve the optimum potential from processes and people.
What are the Benefits ?
Operational Excellence helps organisations to achieve following key performance metrics
- Improve Productivity
- Improve Quality Performance by Reducing Rework & Rejection
- Improve Delivery Performance
- Reduce Cost
- Reduce Breakdowns
- Improve Safety
- Improve Morale of task force engaged in the organisation.