Operational Excellence is a philosophy of organizational leadership that stresses the application of a variety of principles, systems, and tools toward the sustainable improvement of key performance metrics.
Much of this philosophy is based on earlier continuous improvement methodologies, such as Lean Manufacturing, Six Sigma, and Scientific Management. The focus of Operational Excellence goes beyond the traditional event-based model of improvement toward a long-term change in organizational culture.
Read more about Operational Excellence: Core Principles
Famous quotes containing the word excellence:
“There are some faults so nearly allied to excellence that we can scarce weed out the vice without eradicating the virtue.”
—Oliver Goldsmith (17281774)