What Is a Target Operating Model and Why Do You Need One?

Target operating models help visualize how a company operates to provide value to beneficiaries and customers. They take into account both the current state of the company and where it wants to be in the future. Operating models can help trim expenses, create a business plan for growth, and determine the most beneficial chains for your company. Regular updates reflect changes in the market and your company, and empower your governance team to address weak links or monitor progress toward goals. Operational models provide visualization for your company’s growth, streamline processes, and help employees see how their daily tasks influence the business and customers more directly.