Operating model is the abstract representation of how an organization operates across process, organization and technology domains in order to accomplish its function.
An organization is a complex system. An operating model breaks this system into components to improve understanding and suggest opportunities for improvement.
An operating model can describe the way an organization does business today. Alternatively, a fictional model can communicate how the organization wants to transform its business.
By contrast, a business model describes how an organization creates, delivers and captures value and sustains itself in the process.
Read more about Operating Model: Business/IT Dialogue, Industry Standard Operating Models, See Also
Famous quotes containing the words operating and/or model:
“Go on then in doing with your pen what in other times was done with the sword; shew that reformation is more practicable by operating on the mind than on the body of man.”
—Thomas Jefferson (1743–1826)
“Socrates, who was a perfect model in all great qualities, ... hit on a body and face so ugly and so incongruous with the beauty of his soul, he who was so madly in love with beauty.”
—Michel de Montaigne (1533–1592)