Target operating model
Okay, kiddo, let me explain what a target operating model is.
Imagine you're playing with a toy, like Legos. You want to build a cool castle with your Legos, right? Well, building a castle has certain steps you need to follow in order to get the finished product you want. You need to gather all the Legos you need, think about what kind of castle you want to make, and then start putting the Legos together in the right way to make the castle.
Well, a target operating model is like that process. It's a plan that a grown-up company puts together to figure out how they want to do their work. Just like how you have to gather all your Legos and think about what kind of castle you want to make, a company has to figure out what kind of work it needs to do and how it wants to do it.
Once a company figures that out, they create a plan called a target operating model. This plan lays out all the steps the company needs to follow to get their work done the way they want to. It includes things like what kind of people they need to hire, how they want to organize their work, and what kind of technology they need to use.
So, just like how you build your castle by following certain steps, companies work according to their target operating model to get their work done the way they want to.
Imagine you're playing with a toy, like Legos. You want to build a cool castle with your Legos, right? Well, building a castle has certain steps you need to follow in order to get the finished product you want. You need to gather all the Legos you need, think about what kind of castle you want to make, and then start putting the Legos together in the right way to make the castle.
Well, a target operating model is like that process. It's a plan that a grown-up company puts together to figure out how they want to do their work. Just like how you have to gather all your Legos and think about what kind of castle you want to make, a company has to figure out what kind of work it needs to do and how it wants to do it.
Once a company figures that out, they create a plan called a target operating model. This plan lays out all the steps the company needs to follow to get their work done the way they want to. It includes things like what kind of people they need to hire, how they want to organize their work, and what kind of technology they need to use.
So, just like how you build your castle by following certain steps, companies work according to their target operating model to get their work done the way they want to.
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