It is not a new phenomenon. The concept and term has been around for almost 20 years or so. It is a way of looking at Business as a whole rather than dealing with the individual parts of the business separately. 
Operational Excellence (O.E.) is made up of four categories :
  • STRATEGY DEVELOPMENT
  • PERFORMANCE MANAGEMENT
  • HIGH PERFORMING WORK TEAMS
  • PROCESS EXCELLENCE
It enables organizations to streamline to provide the best product or service at lowest cost to the customer as required. It is all about Execution. In order to achieve O.E. within the company, organization needs a clear plan of action and a good partner to help through the process of implementing its Business Plan that includes the above four categories. There are many pieces to the puzzle. The key is a good framework. It includes Six Sigma, Lean, Kaizen and other key methods that are used together to complete the structure.
While improving the O.E. of an organization, many interesting revelations come out for suitable corrective measures and it helps the organization ready for substantial performance and also growth. 
Out Strategic Alliances are very well experienced and have excellent track record.