ISSN 2348-1196 (print) International Journal of Computer Science and Information Technology Research ISSN 2348-120X (online) Vol. 8, Issue 4, pp: (39-45), Month: October - December 2020, Available at: www.researchpublish.com
OE Success Story Fahad Saleh Sabeela Saudi Aramco, Dhahran, Saudi Arabia
Abstract: This paper will explore the overall concept of an Operational Excellence (OE) framework, and the Operational Excellence journey undertaken to achieve the highest levels of Operational Excellence and performance in an organization. Keywords: Operational Excellence (OE), Objectives, Benefits, Model, Implementation, Assessment, Governance, Enabling Elements.
1. INTRODUCTION Operational Excellence (OE) OE is an overarching framework that integrates many existing management systems and best practices to consistently and systematically achieve and sustain industry leading performance in terms of reliability, efficiency, cost effectiveness, and profitability; while striving for the highest levels of performance in health, safety, security and environmental stewardship. The goal of OE is to optimize the organization’s processes to deliver a more agile, flexible and efficient company. Therefore, OE touches the day-to-day activities of each and every employee and organization within the Company. The introduction of OE to the organization in a structured way will further enhance performance by: Unleashing the company's full potential. Standardizing existing areas of excellence within the Company and establishing them as minimum requirements for all organizations to achieve. Helping Company organizations identify missing best practices and processes deemed essential to achieving and sustaining best performance. Providing a unified approach or common language to enhance knowledge sharing. Providing a structured approach to measure performance and sustain improvements. OE Objectives: Operational Excellence (OE) aims to consistently and systematically achieve and sustain industry leading performance in: Reliability Efficiency Cost & Profitability Health, Safety, Security and Environment OE Benefits: Operational Excellence (OE) offers many benefits including: Unleash innate potential Enhance knowledge sharing
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