The term business operating system (BOS) refers to standard, enterprise-wide collection of business processes used in many diversified industrial companies.
The definition has also been extended to include the common structure, principles and practices necessary to drive the organization.
[1] Diversified industrial companies like Ingersoll Rand, Honeywell, and Danaher have adopted a standard, common collection of business processes and/or business process improvement methodologies which they use to manage strategy development and execution.
In the case of Danaher, the business system is a core part of the company's culture and is seen as one of the key drivers of corporate performance.
[citation needed] The objectives of such systems are to ensure daily work is focused on the organisation's strategic objectives and is done in the most efficient way.