![Saket Bivalkar](https://versatile.consulting/wp-content/uploads/2023/09/Saket-2.png)
SAKET BIVALKAR
Business Coach
In today’s business environment, organizations need to adapt their operating models to remain competitive and relevant.
One approach to designing an operating model is
That the operating model allows teams to have more flexibility in organizing while maintaining high levels of coordination and collaboration at the strategic level. This approach needs to focus on leveraging the existing knowledge within the organization and developing capabilities for the future.
A flexible operating model at team level to adapt to changing market conditions, customer preferences, and technological advancements. By allowing teams to self-organize and make decisions based on their expertise, organizations can foster innovation and responsiveness to market changes.
And less flexibility yet high coordination at the strategic level ensures that teams across the organization are aligned with the overall business strategy and goals. High levels of collaboration enable the organization to share knowledge, best practices, and resources, leading to increased efficiency and effectiveness.
To successfully implement this approach, organizations must prioritize knowledge management. Effective knowledge management systems streamline company knowledge and make it accessible to everyone, fostering a culture of continuous learning and development. By capturing and sharing valuable knowledge and expertise, organizations can drive innovation, improve decision-making, and enhance employee engagement.
In summary, embracing flexibility and coordination in operating models can help organizations stay ahead of the curve and drive business success.
And by leveraging the knowledge available within the organization and developing capabilities for the future, organizations can create a more agile, responsive, and customer-focused operating model that delivers results.
Navigating the Retail Opportunity in India.
To navigate the retail opportunity in India, companies need to understand how to manage the business with 1.4+ Billion population, increasing urbanisation, booming middle-class with growing disposable income & discretionary spending.
Business Dynamics in India
India and Europe share not only their linguistic roots in Sanskrit but also the desire to modernise, share, and grow together democratically.
The question for European companies is not “if” but “how” to be a part of the growth story that is India.
Realising your Strategy: The Critical Role of Operating Models
Organizations must continuously adapt and evolve to stay ahead of the competition. One key factor in achieving realisation of strategy is the operating model, which serves as the foundation for execution and provides a clear guide for how resources are organised to get critical work done.