Policy Deployment: Creating Timetables for Realizing Our Vision
Policy Deployment translates strategic intent into required day-to-day behavior and turns broad, long-term strategies into realistic annual initiatives upon which our organization can act. It plays an essential role because it translates annual corporate objectives into coordinated, quantitative local contributions managed by a timetable.
We create many integrated goals to help Alcan and its businesses succeed. These include:
Long-term strategies form a bridge between our organization’s current situation and its long-term vision. They describe the challenges, opportunities and priorities for our organization over the next several years. These strategies specify how the organization will effectively:
• Meet changing requirements
• Distinguish the organization from its likely competitors
• Manage internal strengths and weakness
Mid-Term (3- 5 Year) Strategies:
Mid-term strategies map a three-to-five-year journey toward the company vision and align the team with top annual initiatives. They specify vital strategic gaps that must be closed within three to five years to ensure a strategic position. These strategies exist to:
- Identify one, two or three breakthrough objectives that require multi-year effort on the part of the organization
- Determine the preliminary responsibilities and annual sequencing of key tasks to achieve these objectives
Achieve consensus that the selected items are priorities and then link these items to daily management activities
High-Level Annual Initiatives:
Annual initiatives create focus for mid-term goals and make them specific and measurable. They specify competencies on which employees must focus in the next 12 months so as to make dramatic inroads toward five-year objectives.
After annual initiatives are established, actions for the year are linked to them and deployed throughout the organization.
Every month at a policy deployment meeting, each manager reports on performance using KPIs. (This is called a “drill down” of KPIs by level). Any shortfall becomes visible in KPIs at more than one level of the organization. This draws attention to required actions and needed resources.