Chemicals and Cleaning Products Production - PMMI
Chemicals and Cleaning Products Production - PMMI
Chemicals and Cleaning Products Production - PMMI
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Management Objectives1 Positive leadership modeling (culture turns to behavior)Phase2 Establish goals: tactical goals which lead to strategic achievement3 Develop a system for measurement <strong>and</strong> accountability re:#24 Align compensation plans with #2 <strong>and</strong> #35 Be keenly aware of the BE (Break Even) point <strong>and</strong> check it regularly6 Judiciously exp<strong>and</strong> credit7 Check distributions systems for readiness to accommodate increased activity8 Review <strong>and</strong> uncover competitive advantages9 Invest in customer market research (know what they value)10 Improve efficiencies with investment in technology <strong>and</strong> software11 Start to phase out marginal opportunities12 Add sales staffA13 Build inventories (consider lead time <strong>and</strong> turn rate)14 Introduce new product lines15 Determine capital equipment needs <strong>and</strong> place orders16 Begin advertising <strong>and</strong> sales promotions17 Hire "top" people18 Implement plans for facilities expansion19 Implement training programsITR Economics 15 1st Quarter - 2013