Operational discipline means complying with a set of well-thought-out and well-defined processes, and consistently executing them correctly.
Striving to achieve operational excellence is one of the most important contributors to an organization’s sustainable performance and growth.
But what exactly is “operational excellence”? It isn’t necessarily a destination; rather, it is an ongoing journey that organizations continuously travel. It focuses on minimizing and managing downside risks while maximizing an operation’s performance and shareholder value.