Today’s operating models are better suited for a time when the major competitive strategies were focused primarily on either scale or local responsiveness. The conventional wisdom: Companies couldn’t do both.
Yet there are players that prove scale and responsiveness aren’t mutually exclusive. How do they do it? By gaining competitive agility through operating models that continuously keep pace with the market. Accenture Strategy research shows that agile organizations have 16 percent long-term EBITDA growth compared with six percent for non-agile organizations.
Essential for gaining this level of agility: Embracing five characteristics and making them part of the operating model DNA: Human. Liquid. Enhanced. Living. Modular.
Five characteristics of the operating model DNA:
When it comes to pursuing ecosystem business models, many organizations in the UK face a gap between their ambitions and capabilities.
Human. Liquid. Enhanced. Living. Modular. These characteristics will transform operating models from static and mechanistic to flexible and fast, through individual empowerment guided by purpose and driven by data. There are no prescribed routes to start the journey, only guiding principles.