What is a Business Operating Rhythm Strategy?
Business Operating Rhythm Strategy (BORS) is an effective way to design strategies that establish the rhythm and cadence of key business processes, optimizing efficiency and coordination across various departments. By understanding the overall flow of the business, stakeholders can identify key points of control and leverage data-driven insights to make smarter decisions. With a BORS, companies can focus on improving operational performance, streamlining processes, and increasing productivity, customer service, and employee engagement.
What's included in this Business Operating Rhythm Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Business Operating Rhythm Strategy template for?
The Business Operating Rhythm Strategy template is for companies looking to increase efficiency, improve customer service, and enhance employee engagement. This template provides a step-by-step guide for companies to identify their focus areas, set measurable targets (KPIs), implement related projects, and track the progress of their strategy. With Cascade Strategy Execution Platform, companies can easily visualize and monitor their progress in real-time.
1. Define clear examples of your focus areas
Focus areas are the main topics or categories of your strategy. Examples of focus areas include streamlining processes, enhancing customer service, and improving employee engagement. Each focus area should have its own objectives, projects, and KPIs.
2. Think about the objectives that could fall under that focus area
Objectives are the overarching goals that you want to achieve within each focus area. Each objective should have specific projects and KPIs that help you track progress. Examples of some objectives for the focus area of Streamline processes could be: Achieve operational efficiency, and Increase productivity.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are measurable targets that help you track the progress of a particular objective. Examples of KPIs could include reducing the average time to complete an initiative, increasing customer satisfaction scores, and increasing employee retention rate.
4. Implement related projects to achieve the KPIs
Projects are the actions that you take to achieve the KPIs. Examples of projects could include automating and digitizing manual processes, introducing standard operating procedures, and strengthening employer-employee relationships.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform is an easy-to-use tool that helps you visualize and monitor the progress of your strategy in real-time. With this platform, you can easily track the KPIs associated with each objective and project, so you can adjust your strategy accordingly and see faster results.