Wikipedia defines operational excellence as "a philosophy of leadership, teamwork and problem solving results. In today's competitive market, operational excellence is critical for any enterprise or organization to grow profitably.
A keen focus on operations excellence helps companies to achieve sustainable business performance, which in turn brings forth a sustainable competitive advantage. You can hire reputable companies like DrivingOE for operational excellence.
Operational excellence is not to be confused with business strategy, as it is not a strategy but a means to implement business strategies successfully. Any enterprise or organization can achieve operational excellence if and only if they are clear not only about their objectives but also about the methods or tactics employed to realize those objectives.
At first the enterprise or organization needs to visualize the kind of business entity that it wants to be in the future and then strategize a course of action to make that vision a reality. However, this plan of action needs to be constantly reviewed and evaluated for any scope of improvement.
The enterprise needs to assess its present state, which includes its work processes, capabilities of its workforce, management systems and so on. Such an evaluation helps in enhancing the plan of action to achieve operational excellence.