How big companies can reap big benefits from an Operational Excellence strategy
Being global with a large footprint has its advantages and disadvantages. big companies can benefit from efficiencies of scale but they are also prone to rampant inefficiencies that - if left unchecked - can erode share price.
Large, global companies that use an Operational Excellence strategy tend to outperform their peers in terms of share price growth and speed to recovery after market downturns. They have more cash and higher profit margins as they grow because Operational Excellence practices and tools enable them to consistently follow disciplined management processes; effectively execute strategy; streamline product development and rapidly integrate acquisitions.
Article highlights:
- Common operational challenges of large footprint organizations
- Examples of large firms who embrace operational excellence and outperform the markets
- Five essentials of large footprint success
