Strategic Planning Framework: Goals, Metrics, and Initiatives PPT

This PPT slide, part of the 138-slide Strategic Planning - Hoshin Policy Deployment PowerPoint presentation, outlines key components of strategic planning terminology, focusing on the relationship between strategic goals, objectives, metrics, and initiatives. At the top, the strategic goal is defined as becoming the price leader, which sets a clear target for the organization. This is complemented by a strategic objective aimed at improving operational efficiency, indicating a dual focus on market position and internal processes.

Two specific metrics are highlighted: total costs per unit and productivity. The goal for total costs per unit is set at less than $15, while productivity is targeted at more than 15 units per direct labor hour. These metrics provide quantifiable benchmarks that guide performance evaluation and resource allocation.

The strategic initiatives section lists actionable steps to achieve the stated goals and objectives. Initiatives include implementing a cost reduction program, establishing a Lean Six Sigma training program, and developing a comprehensive database on operational performance. Each initiative is designed to drive efficiency and enhance the organization’s ability to meet its pricing strategy.

The slide also notes the importance of understanding dependencies among these initiatives. It suggests that some initiatives may need to be prioritized based on their interdependencies, which is crucial for effective execution. This insight emphasizes the need for careful planning and coordination to ensure that all initiatives align with the overarching strategic goals. Overall, the slide serves as a practical guide for organizations looking to structure their strategic planning efforts effectively.

This slide is part of the Strategic Planning - Hoshin Policy Deployment PowerPoint presentation.

Developed by a Senior Executive and Operational Excellence Coach with experience at organizations including NOKIA, MICROVENTION, and MAGELLAN, this is a presentation and suite of supporting templates to implement Hoshin Policy Deployment.

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Strategic Planning Operational Excellence Hoshin Kanri Strategy Deployment & Execution Pricing Strategy Six Sigma Policy Deployment Cost Reduction

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