Get the free Target Operating Model (TOM) at a glance

Target Operating Model (TOM) at a glance As illustrated below, the primary purpose of a TOM is to enable the application of a corporate strategy or vision to a business or operation. It is a high

How to fill out target operating model tom

How to fill out a target operating model (TOM):

1. Identify your organization's goals and objectives: Before filling out a TOM, it is essential to have a clear understanding of what your organization wants to achieve. Outline the specific goals and objectives that the TOM needs to support.
2. Assess current operations: Evaluate your organization's existing operating model to identify strengths, weaknesses, and areas for improvement. This step helps in understanding what changes are necessary and provides a baseline for comparison once the TOM is implemented.
3. Define target operating model components: A TOM consists of various components, including organization structure, technology systems, processes, and governance. Define how these components should function to align with your organization's goals and address any identified gaps or inefficiencies.
4. Develop implementation roadmap: Create a detailed plan outlining the steps and timeline for implementing the TOM. Identify the resources, teams, and stakeholders involved in each phase of the implementation. This roadmap ensures a smooth transition and helps manage expectations.
5. Communicate and engage with stakeholders: Effective implementation of a TOM requires clear communication and continuous engagement with stakeholders. This includes employees, managers, customers, suppliers, and any other parties affected by the changes. Ensure everyone understands the objectives, benefits, and how their roles may be impacted.
6. Test and refine: Before fully implementing the TOM, perform pilot tests or pilot projects to validate its effectiveness. Collect feedback from stakeholders, analyze the results, and make necessary adjustments to fine-tune the TOM based on real-world experiences.

Who needs a target operating model (TOM)?

1. Organizations undergoing significant changes: When an organization is going through a major transformation such as mergers, acquisitions, or restructuring, a TOM becomes vital. It helps align operations with the new strategic direction, optimize processes, and establish a clear framework for decision-making.
2. Organizations seeking operational efficiency: Businesses aiming to improve their operational efficiency can benefit from a TOM. It provides a holistic view of the organization's current and desired state, enabling leaders to identify opportunities for streamlining processes, reducing costs, and enhancing performance.
3. Startups and new ventures: Establishing a solid foundation is crucial for startups and new ventures. A TOM helps in setting up the right organizational structure, defining processes, and establishing effective governance. It allows these organizations to operate efficiently from the beginning and supports their growth and scalability.

In summary, filling out a target operating model involves understanding organizational objectives, assessing current operations, defining target components, developing an implementation roadmap, engaging stakeholders, and refining the TOM through testing. Various organizations, including those undergoing changes, seeking operational efficiency, or starting new ventures, can benefit from developing a target operating model.

For pdfFiller’s FAQs

How can I modify target operating model tom without leaving Google Drive?

You can quickly improve your document management and form preparation by integrating pdfFiller with Google Docs so that you can create, edit and sign documents directly from your Google Drive. The add-on enables you to transform your target operating model tom into a dynamic fillable form that you can manage and eSign from any internet-connected device.

How do I edit target operating model tom online?

With pdfFiller, it's easy to make changes. Open your target operating model tom in the editor, which is very easy to use and understand. When you go there, you'll be able to black out and change text, write and erase, add images, draw lines, arrows, and more. You can also add sticky notes and text boxes.

How do I make edits in target operating model tom without leaving Chrome?

Adding the pdfFiller Google Chrome Extension to your web browser will allow you to start editing target operating model tom and other documents right away when you search for them on a Google page. People who use Chrome can use the service to make changes to their files while they are on the Chrome browser. pdfFiller lets you make fillable documents and make changes to existing PDFs from any internet-connected device.

What is target operating model tom?

The target operating model (TOM) is a blueprint that defines how an organization will deliver its strategy by detailing the necessary processes, capabilities, technology, and organization structure.

Who is required to file target operating model tom?

Organizations across various industries may be required to develop and implement a target operating model (TOM) depending on their business objectives and strategies.

How to fill out target operating model tom?

To fill out a target operating model (TOM), organizations need to assess their current operating model, identify gaps, define the future state operating model, and develop a roadmap for implementation.

What is the purpose of target operating model tom?

The purpose of a target operating model (TOM) is to align an organization's operations with its strategic objectives, improve efficiency, enhance customer experience, and drive growth.

What information must be reported on target operating model tom?

Information reported on a target operating model (TOM) typically includes process flows, organizational structures, technology requirements, and key performance indicators.