Skip to Main Content
Daring to Compete
book

Daring to Compete

by Diane Foreman, Bryan Pearce, Geoffrey Godding
April 2019
Intermediate to advanced content levelIntermediate to advanced
272 pages
4h 45m
English
Wiley
Audiobook available
Content preview from Daring to Compete

CHAPTER 10Driver #4: Operations“From surviving to thriving”

Tom Peters, the great management thinker and writer, says “Leaders win through logistics. Vision, sure. Strategy, yes. But when you go to war, you need to have both toilet paper and bullets at the right place at the right time. In other words, you must win through superior logistics.” Operations are all about the how of business.

As an entrepreneur accelerating the growth of your business, you’re already focused on understanding your customers’ needs and meeting them. Your operating model is the link between your strategic intent to satisfy these customer needs and the ability of your business to deliver on that intent (See Figure 10.1.). Successful entrepreneurs have a clear approach that aligns all components of operations and supply chain with their strategy.

The figure shows three rectangular boxes representing the fourth EY Driver of Growth that is “Operations.”
Box 1: Leading represents “Operations promote a culture where every employee feels ownership of the customer product or service, delivered at the right price.”
Box 2: Established represents “A fully integrated operations and supply chain process optimizes service delivery, costs, cash, and capital expenditure.”
Box 3: Developing represents “The business is focused on maintaining operations and optimizing costs. The supply chain functions are in silos.”

Figure 10.1 EY 7 Drivers of Growth – Operations

Operations and supply chain management are never static. Successful entrepreneurs have to continually adjust supply chain elements to reflect changes in product mix, customer preferences, locations, distribution channels, supplier base, and technology developments to name a few. They leave nothing to chance, taking control by analyzing their operations and ensuring that all the links in their supply chain are aligned, making changes as and when needed.

Top-performing entrepreneurial companies effectively leverage ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Reimagining Industry Growth

Reimagining Industry Growth

Daniel A. Varroney

Publisher Resources

ISBN: 9781119546764Purchase book