What is the role of the operations process in translating strategy into results?

The operations process plays a crucial role in translating strategy into results. It breaks down long-term strategic outputs into short-term targets. This involves programs like product launches, sales plans, and manufacturing plans that the business must complete to achieve its objectives. The leader actively sets goals, links details of the operations process to the people and strategy processes, and leads operating reviews to align the organization with the plan. Unlike a budget, which usually uses the previous year's numbers to set targets, an excellent operating plan begins with the strategy document and breaks down long-term strategic goals into short-term targets.

Question was asked on:

The operations process breaks long-term strategic outputs into short-term targets. It looks at the programs like product launches, sales plans and manufacturing plans that the business must complete to achieve desired objectives. The leader has to set goals actively, link details of the operations process to the people and strategy processes and lead operating reviews to align the organization to the plan. The operating plan is fundamentally different from a budget, which usually uses the previous year's numbers to set targets. In contrast, an excellent operating plan begins with the strategy document and breaks down long-term strategic goals into short-term targets. Many companies prepare an operating plan based on the budget. In reality, the budget should be a financial expression of the operating plan.

Asked on the following book summary:

resource preview

Execution: The Discipline of Getting Things Done

How do you translate strategy into results? Execution is both an organizational culture and a specific set of behaviors. Leaders must be hands-on and...

Download and customize hundreds of business templates for free

Preview

View all chevron_right