It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Episode 5: Does Your Organization Operate by Unified Principles?
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Content provided by Discovering Hidden Profit: The Podcast and LeanCor Supply Chain Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Discovering Hidden Profit: The Podcast and LeanCor Supply Chain Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
An operating principle is an operations framework or guideline that an entire organization believes is the right strategy or tactic for goals and results to be realized. Operating principles are critical in today’s complex business environment as they guide leadership and employee behavior, decision making, selection of methods and tools, progress measurement, and ultimately determine whether leadership is aligned on how goals will be achieved. The absence of operating principles can result in frequent changes of strategy and tactics, leading to confusion and frustration across the organization. Therefore, they are critical for setting direction and deciding what work the organization will perform. In this episode, Robert Martichenko, co-author of Discovering Hidden Profit, helps us understand how organizations can operationalize principles that support value-stream thinking, and how the four core business processes should align and collaborate in order to be successful.
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9 episoade
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Manage episode 175815283 series 1315690
Content provided by Discovering Hidden Profit: The Podcast and LeanCor Supply Chain Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Discovering Hidden Profit: The Podcast and LeanCor Supply Chain Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
An operating principle is an operations framework or guideline that an entire organization believes is the right strategy or tactic for goals and results to be realized. Operating principles are critical in today’s complex business environment as they guide leadership and employee behavior, decision making, selection of methods and tools, progress measurement, and ultimately determine whether leadership is aligned on how goals will be achieved. The absence of operating principles can result in frequent changes of strategy and tactics, leading to confusion and frustration across the organization. Therefore, they are critical for setting direction and deciding what work the organization will perform. In this episode, Robert Martichenko, co-author of Discovering Hidden Profit, helps us understand how organizations can operationalize principles that support value-stream thinking, and how the four core business processes should align and collaborate in order to be successful.
…
continue reading
9 episoade
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