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Executive Summary
A lot of organizations in the modern-day derive value from operational efficiencies and
standardization. There are various examples of organizations, which have successfully
implemented standardization, throughout geographies and are operationally efficient. This has
been the key to their success. For example, McDonald’s and Domino’s. One of the Indian
organizations, which has been successful in recent years has been Parley. It derives value from
its operational efficiencies and economies of scale. The low costs of operations and reduce
wastages have helped our organization keep the costs of its product offerings as low as possible.
These prices have remained constant over the last few decades. This is an achievement for any
organization.
So, we could agree to the point that Parley, even though, being an Indian organization has
successfully implemented quality control techniques through training provided to their
workforce. And is giving competition to foreign brands, as well. This acts as a benchmark for
other organizations to implement these techniques, and focus on bringing in operational
efficiencies in order to be successful.