How to handle the disruption of your Operation Business model
It is true that authoritative customers and unruly technology have enhanced the market’s growth. But it’s equally true that around 9 out of 10 business executives have reported that they live under the constant threat of their business being sabotaged because of inconsistent business models.
A lot of industries have succumbed to the aftermath of the coronavirus, whereas many others are still figuring out how to camouflage in the new industrial ecosystem. Even though many organisations have learned to adapt and evolve in the new environment, many are still struggling to learn how to make it sustainable and maintain relevance.
The key to success is arming oneself with operating models that are intelligent and allow them to consistently evolve, which makes the business flourish. The results are visible as the long-term analysed EBITDA growth for evolving and elastic businesses is 16% whereas for non-elastic businesses it is 6%.
Overcoming a new set of challenges
The ED helps in catering to operating models that are enabled by data, which helps you in getting accustomed to new business dynamics, making your team more engaged in the business and increasing productivity whilst meeting consumer requirements to deliver your promises.