VISION. Vision. e.g. DRB-HICOM Vision: To Be No.1 And Continuously Excel In All That We Do. Manufacturing & Engineering Division

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1 Manufacturing & Engineering Division Vision A concise statement that defines the mid to long-term goals (3-10 years) of the organization. The vision should be external & market oriented and should be expressed in a visionary way how the organization wants to be perceived by the world. e.g. DRB-HICOM Vision: To Be No.1 And Continuously Excel In All That We Do. What we want to be Why we exist VALUES What we believe in Our Game Plan OBJECTIVES / KPI SCORECARD Implementation and Focus STRATEGIC INITIATIVES What we need to do EMPLOYEES OBJECTIVES What I need to do STRATEGIC OUTCOMES Satisfied SHAREHOLDERS Delighted CUSTOMERS Effective PROCESSES Motivated WORKFORCE 1

2 Manufacturing & Engineering Division Mission A broad declaration of the basic, unique purpose and scope of operation of the organization. It is a statement of purpose that distinguishes the organization from other similar organizations. An organization mission reflects management s vision of what the organization seeks to do and become. It also provides a clear view of what the organization is trying to accomplish for its customers. What we want to be Why we exist VALUES What we believe in Our Game Plan OBJECTIVES / KPI SCORECARD Implementation and Focus STRATEGIC INITIATIVES What we need to do EMPLOYEES OBJECTIVES What I need to do e.g DRB-HICOM Mission : To lead in the growth of the nation in the areas of DRB-HICOM core business. Satisfied SHAREHOLDERS STRATEGIC OUTCOMES Delighted CUSTOMERS Effective PROCESSES Motivated WORKFORCE 2

3 Values Strategies VALUES & Guiding principles that govern the behavior of all employees in the organization. These values are being shared and respected by all employees. e.g DRB-HICOM Values: Excellence Teamwork Integrity Innovation Strategies consists of competitive moves and business approaches to produce successful performance. It is the Management game plan to run the business, strengthen the organization competitive position, satisfy customer and achieve performance target. Satisfied SHAREHOLDERS Manufacturing & Engineering Division What we want to be Why we exist VALUES What we believe in Our Game Plan OBJECTIVES / KPI SCORECARD Implementation and Focus STRATEGIC INITIATIVES What we need to do EMPLOYEES OBJECTIVES What I need to do STRATEGIC OUTCOMES Delighted CUSTOMERS Effective PROCESSES Motivated WORKFORCE 3

4 Manufacturing & Engineering Division Strategies (Continue) One of the popular tools used in developing a business strategy is the SWOT Analysis. Strengths and Weaknesses : internal, within the company Threats and Opportunities : external to the company. The SWOT Analysis must take into account the manufacturing industry environment which include the following 6 areas: Customers Economic Competitors Channels Technology Financial Vision Mission Values External Situation Analysis SWOT ANALYSIS Internal Situation Analysis Manufacturing Industry Environment 4

5 Objectives Objectives are the performance target set to achieve the mission of the organization. The objectives will be able to help the organization to focus on the critical areas for the success of the company. All Objectives set must meet the following criteria: Specific Measurable Achievable Realistic Time bound OBJECTIVES Satisfied SHAREHOLDERS Manufacturing & Engineering Division What we want to be Why we exist VALUES What we believe in Our Game Plan OBJECTIVES / KPI SCORECARD Implementation and Focus STRATEGIC INITIATIVES What we need to do EMPLOYEES OBJECTIVES What I need to do STRATEGIC OUTCOMES Delighted CUSTOMERS Effective PROCESSES Motivated WORKFORCE L1 5

6 Manufacturing & Engineering Division KEY PERFORMANCE INDICATOR Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives that were set by the organization. It will measure the performance and achievement of the organization. The KPIs of the organization are cascaded down from top management to all employees. The management shall monitor these KPIs monthly and take corrective actions if the KPIs are not met. These KPIs will be linked to employee performance management system 4 Components Of KPIs Financial Financial Related: Revenues, Profit, Cash Flow and EBITDA etc. Future Growths New Business Development For Future Growth Long Term Critical Priorities KPIs Which Are Critical And To Be Given Priorities Short term Key Enablers Key Initiatives To Be Taken To Enable The Achievement Of Company s Objectives 6

7

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9 AND LEADER IN AUTOMOTIVE EDUCATION TO PROVIDE THE BEST EDUCATIONAL EXPERIENCE FOR THOSE WHO WANT TO EXCEL IN AUTOMOTIVE INDUSTRY BEST EDUCATIONAL EXPERIENCE IN AUTOMOTIVE IN TERMS OF KNOWLEDGE INCLUDING INNOVATION SKILL PRACTICE UNDERSTANDING FAMILIARITY KNOW-HOW A Member Of

10 & Vision To become a highly competitive metal parts and dies manufacturer in the region. Mission To provide our customers with superior quality product at a competitive price.

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