Title
Description

    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