{"id":392,"date":"2017-03-14T09:00:23","date_gmt":"2017-03-14T09:00:23","guid":{"rendered":"http:\/\/www.mycooresources.com\/?p=392"},"modified":"2017-03-08T21:17:13","modified_gmt":"2017-03-08T21:17:13","slug":"operational-effectiveness-and-your-small-business","status":"publish","type":"post","link":"http:\/\/www.mycooresources.com\/?p=392","title":{"rendered":"Operational Effectiveness and Your Small Business"},"content":{"rendered":"

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Thought<\/strong><\/h3>\n

Operational effectiveness: \u201c<\/em>Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example. Operational effectiveness is often divided into four components: Leading and controlling functional performance, measuring and improving the process, leveraging and automating process and continuously improving performance.\u201d<\/em><\/p>\n

– Business Dictionary (http:\/\/www.businessdictionary.com\/definition\/operational-effectiveness.html<\/a><\/span>)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

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Topic: Operational Effectiveness and Your Small Business\n<\/p>\n

\nWhat does operational effectiveness have to do with your small Company? When we think about operational effectiveness, we may assume this only applies to larger Corporations: those that have hundreds or thousands of employees. Yet, there are some fundamentals that smaller Companies can \u2013 and should consider \u2013 in order to build a strong, sustainable Company that will better position them for whatever comes next: whether it is growth, maintenance, change, a sale and\/or merger.<\/p>\n

Small Companies need to think about creating processes that position them to build that operational effectiveness so they can do the things they want to position themselves to do. Fundamentals like:<\/p>\n