maintain industry leadership in its chosen markets?
Product Development: Is Collin designing and producing the right products to maintain the lead supplier role for its customers?
Process Management: What are Collin’s work systems and key processes? Do the work systems support Collin’s future direction? Is Collin managing processes to support its leadership role?
Technical Direction: Is Collin pursuing the best technologies to develop products in a reliable and environmentally responsible manner?
Human Resource Capabilities: Is Collin developing EOs to support automation and maintain industry leadership?
Once the absence of blind spots is confirmed, the LT derives the strategic objectives and key outcome measures. At this point, a transition occurs to the Action Planning and Management Gold Loop (Figure 2.1-1), and all directors and business segment managers are engaged in the process again. The first step analyzes the strategic objectives and outcome measures to determine the execution feasibility. Resources, core competencies, strategic advantages, and strategic challenges are mapped to the strategic objectives. As the Strategy Matrix is completed, any gaps are reason to return back to the Strategy Development Blue Loop to refine the objectives and measures.