Illuminating Your Path to Operational Excellence
Operational excellence (OpEx) is a holistic approach to business change that requires small, ongoing modifications capable of producing significant effects. Within power operations, this approach can be used to improve crucial day-to-day procedures, such as shift handover, and address deviations from the norm, for example, market conditions.
It is important to acknowledge that OpEx is applicable to every single person across a power enterprise. OpEx works at its optimum with a well-defined transformation strategy and a shared culture of improvement that, when implemented properly, is clear, concise, practical, actionable, and teachable. In return, achieving sustainable OpEx can yield greater efficiency with reduced costs and increased customer satisfaction for a more competitive business.
While the process sounds straightforward and feasible to implement, due to variations in interpretation and implementation, organizations must work hard to develop a viable and sustainable plan with the appropriate level of execution to achieve it.
Hexagon explores some of the triggers that may spur an organization’s OpEx journey, the role a healthy culture of continuous improvement can play, and what can be done to develop and nurture a sustainable OpEx organization for long-term success, giving special consideration to the cyclical nature of commodity-based industries, including power.…