Developing a vision, strategy and corporate objectives

Project goal

  • Developing a feasible concept for the future, comprising a vision and suitable strategy.
    Where will the company be in 5 years, and how will this be achieved?
  • Defining the future product portfolio and identifying further appropriate markets and industries
  • Challenging and revising the business model
  • Engaging and including employees

Procedure

  • Analyzing strategic orientation regarding:
    Product portfolio, core expertise, competition, customers and their requirements
  • Working together with employees to develop company values
  • Defining and formulating company vision
  • Working together with management to develop and decide on the appropriate strategy
  • Deriving an initial feasible catalog of measures with measurable annual goals

Results

  • Clear understanding of how the company will develop over the next years
  • Handover of measurable annual goals to management for them to implement with their teams
  • Implemented variable remuneration model focused on achievement of annual goals
  • Improved individual responsibility and identification with the company