Operational effectiveness

Operational effectiveness,

Definition of Operational effectiveness:

  1. Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example. Operational effectiveness is often divided into four components: Leading and controlling functional performance, measuring and improving the process, leveraging and automating process and continuously improving performance.

Meaning of Operational effectiveness & Operational effectiveness Definition