3 Planning Tools for Developing a Target Operating Model Too many businesses take a blinders-on approach to data-driven decision-making, concentrating solely on a few key metrics without regard to total costs of ownership or big-picture growth. Developing a target operating model lets businesses view a high-level representation of the organization and process flow, ensuring a common understanding that promotes communication, better use of resources and increased profits. Understanding what is going on with your business right now – and where you want to be in the future – is the first step to creating a road map for success.
Regardless of the type of business you’re running or even the industry you’re operating in, so much of your success on a daily basis comes down to your ability to make quick, effective decisions at a moment’s notice. Equally important is your ability to see the “bigger picture” - how does that seemingly small decision you’re making on a project today affect you and your team tomorrow, next week or even a year from now?