BENEFITS OF DOCUMENT
DESCRIPTION
TOM is a tailored approach to support any business to achieve organizational targets. TOM ensure key components of the business are aligned with the strategy.
Fin-wiser Advisory hereby share a TOM framework which will help businesses best organized to more efficiently and effectively deliver and execute on their organization's strategy.
TOM acts like a Transformation Enabler. In practice it helps in highlighting the gaps between the current processes and the target states and establish dependencies and impact of change.
Wherever Consolidation/M&A is required TOM plays a pivotal role as it brings different businesses or divisions together and assure the alignment of TOM's key components which are people, process and technology.
Cost reduction and Optimization are the core of any TOM. It will help in identifying radical, tactical and strategic cost reduction opportunities. In terms of optimization, model helps to optimize the size, shape and structure of your business.
This framework covers the following:-
1. Business – Business Architecture, Governance and Policies and Cost Controls
2. Support – Information Technology, Vendor and Staff
3. Innovation opportunities
4. Processes – KPI's, Escalation/Issue Management, Customer Experience, Documentation
The Target Operating Model (TOM) Framework PPT provides a comprehensive blueprint for aligning your organization’s structure with its strategic goals. The framework delves into the intricacies of business architecture, governance, and cost controls, ensuring that every component of your enterprise is streamlined for optimal performance. It offers actionable insights into managing information technology, vendor relationships, and staff, making it an indispensable tool for any executive aiming to enhance operational efficiency.
This PPT also emphasizes innovation, offering a structured approach to identifying and implementing new opportunities. It includes detailed processes for managing KPIs, escalation and issue resolution, customer experience, and documentation. By leveraging this framework, you can pinpoint gaps between current operations and desired outcomes, facilitating a smoother transition during consolidation or M&A activities. The TOM Framework is designed to help you achieve radical, tactical, and strategic cost reductions while optimizing the size, shape, and structure of your business.
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Source: Best Practices in Target Operating Model PowerPoint Slides: Target Operating Model (TOM) Framework PowerPoint (PPTX) Presentation, Fin-Wiser Advisory
Target Operating Model Continuous Improvement Kanban Board Digital Transformation M&A (Mergers & Acquisitions) Agile Value Chain Analysis Project Management Scrum Customer Decision Journey Business Case Example Financial Modeling Business Case Development Core Competencies Organizational Design Governance PMI
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