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What is Operational Excellence (OpEx)? Here is Your Answer

With the evolving complexities in the business scenario today, organizations are facing an increased need to align their processes towards their business goals and objectives. “Efficiency” is the key word when it comes to the alignment of processes and functions of business organizations to grow in today’s challenging business environment. This is where Operational Excellence tools or OpEx tools come into the picture. Before delving further into how Operational Excellence or OpEx benefits a business organization, let us try to understand what is OpEx.

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What is Operational Excellence (OpEx)? Here is Your Answer

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  1. What is Operational Excellence (OpEx)? Here is Your Answer Cornerstoneorg.com

  2. Business Scenario • organizations are facing an increased need to align their processes towards their business goals and objectives. • “Efficiency” is the key word when it comes to the alignment of processes and functions of business organizations to grow in today’s challenging business environment. • This is where Operational Excellence tools or OpEx tools come into the picture. • Before delving further into how Operational Excellence or OpEx benefits a business organization, let us try to understand what is OpEx.

  3. Defination • “Operational Excellence is the process where a business organization emphasizes on the customer needs and as a means to achieve this, it incorporates continuous and consistent improvement in the processes and functions of the organization. This involves reducing unnecessary processes and resources that are a burden on the organization, as well as, keeping the employees motivated and continuously updated to meet the changing business needs.”

  4. Common aspects • Defining OpEx according to the company’s business objectives. • Operational efficiency • Operational flexibility • Fostering respect for colleagues, supervisors and clients • Fostering a continuous learning environment • Preparing to handle changes • Reduction of operational and resource wastage and efficient utilization of the resources.

  5. Various OpEx Tools • Lean Manufacturing or Lean Production (Lean) • Six Sigma • Definite Measure Analyze Improve Control (DMAIC) • Kanban Tool • Kaizen Approach • Scientific Management • 5S Methodology • Define Measure Analyze Design and Verify (DMADV)

  6. These OpEx tools help the different departments of a business organization to align their processes and functions towards a common goal – the business objectives of the company. • The absence of a proper OpEx strategy would lead to complexities as a result of lack of cooperation and the absence of a feeling of working towards a common goal among the different departments and this may cause the organization to fall apart. • Thus, it is extremely important that businesses identify the right OpEx strategy for meeting their organizational needs and implement the right OpEx tools.

  7. Contact • www.cornerstoneorg.com • (419)602-2593 • info@cornerstoneorg.com

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