Business operating system (management)
Encyclopedia
The phrase business operating system (BOS) refers to standard, enterprise-wide collection of business process
es used in many diversified industrial companies. The definition has also been extended to include the common structure, principles and practices necessary to drive the organization.
Diversified industrial companies like Ingersoll Rand
, Honeywell
, and Danaher
have adopted a standard, common collection of business processes and/or business process improvement methodologies
.
While these standard business operating systems may inform or be linked to a company's technology platform, they more commonly refer to the way the company manages complex business processes in a common way across its diverse portfolio of businesses.
Business process
A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product for a particular customer or customers...
es used in many diversified industrial companies. The definition has also been extended to include the common structure, principles and practices necessary to drive the organization.
Diversified industrial companies like Ingersoll Rand
Ingersoll Rand
Ingersoll-Rand plc is a $13 billion global diversified industrial company founded in 1871. The Ingersoll Rand name came into use in 1905 through the combination of Ingersoll-Sergeant Drill Company and Rand Drill Company...
, Honeywell
Honeywell
Honeywell International, Inc. is a major conglomerate company that produces a variety of consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments....
, and Danaher
Danaher
Danaher may refer to:* Declan Danaher, English Rugby union player* Kevin Danaher , , author and prominent Irish folklorist* Kevin Danaher, Ph.D. in sociology, author of several books on Green Economy...
have adopted a standard, common collection of business processes and/or business process improvement methodologies
Business process management
Business process management is a holistic management approach focused on aligning all aspects of an organization with the wants and needs of clients. It promotes business effectiveness and efficiency while striving for innovation, flexibility, and integration with technology. BPM attempts to...
.
- Ingersoll Rand has established the Ingersoll Rand business operating system (BOS) to describe the six enterprise focus areas—or strategic areas of focus—and its process improvement method known as Lean Six SigmaLean Six SigmaIn recent years, some practitioners have combined Six Sigma ideas with lean manufacturing to yield a methodology named Lean Six Sigma. Lean manufacturing – addressing process flow and waste issues – and Six Sigma, with its focus on variation and design, are viewed as complementary disciplines in...
. - Honeywell has established the Honeywell operating system (HOS)
- Danaher is well known for its Danaher business system (DBS)
While these standard business operating systems may inform or be linked to a company's technology platform, they more commonly refer to the way the company manages complex business processes in a common way across its diverse portfolio of businesses.