Corporate objectives

Management is ultimately responsible for defining the objectives of any activity. In the fields of PSM and ESH, top management might, for example, define the corporate objective as to be recognized as the leader in PSM and ESH performance in our industry or to be in compliance with all pertinent regulations and industry standards. ... 

Familiarize employees with the corporate culture and corporate objectives, and ensure that they work in line with these. 

The corporate objectives of a laboratory are conveyed to the laboratory members via a well-defined human resource appraisal and development system. The appraisal process is beneficial for both the laboratory management and the laboratorystaff. The goals assigned to the individuals are... 

Fundamental Concepts Alignment of Corporate Objectives and Individual Attitudes... 

In designing your learning experience you selected a project that served worthwhile corporate objectives. You were advised against taking on board some harmless project your boss thought might be a low risk development... 

Support all corporate objectives in the business plan by providing excellent training programs to all employees... 

It is essential that research scientists and engineers understand the more specific objectives of an individual project, as well as the broad corporate objectives. They should not be unduly restricted by being told how to reach an objective, but they should clearly understand what these objectives are. 

Internal QA procedures generally are sufficient in scope to utilize a thorough sampling process to determine internal operations effectiveness in completing corporate objectives, policies and procedures. 

The overall corporate objective is usually to maximize profits, but the design engineer will often find it more convenient to use other objectives when working on subcomponents of the design. The optimization of subsystems is discussed in more detail in Section 1.9.4. 

The Perstorp Group has developed its own SHE management system, based on the Swedish Safety at Work Act, ISO 14001, the EMAS, Responsible Care and the Business Charter for Sustainable Development. Since 1995 it has carried out 40 audits to prioritise actions needed to implement the SHE management system. There is a corporate objective to implement this system in all divisions by 2000. 

If the originator s data are not within the public domain, it may become very challenging for the competitor to compare their product with the originator s product. Certain assumptions must be made via the competitors, and what may be expected from a regulatory viewpoint with regard to what must be done to accomplish their corporate objectives. These decisions may rest with the medical directors and regulatory experts within the firm. Clearly, this is a dynamic situation, and no clear-cut road map has been established therefore, it would be wise for manufacturers to all they can to solve proactively the issues of comparability and immunogenicity. 

Corporate mission statements entail the production and utilization of material output and services by combining production factors. Multiple entities and devices are responsible for fulfilling these tasks. In accordance with corporate objectives, their close collaboration must be ensured. In order for human beings to be able to handle complex social structures such as enterprises, these structures must be broken down into manageable units. The rules required for this process are referred to as organization. ... 

Optimization methods from Operations Research are powerful instmments to solve many kinds of problems efficiently. Nevertheless, it is important to point out that the supposed optimal solutions of quantitative optimization methods are only optimal concerning the underlying quantitative model. The applicability and benefits of these methods strongly depend on the possibility of a suitable quantification. While, for example, logistic processes (stock management, transport routing, etc.) are very suitable for a quantitative description and optimizadcm, other fundamental corporate objectives like customer satisfaction or efficient communication are hardly transferable into an adequate objective function. 

ENCOURAGE—Companies should encourage the attainment of diversity by all managers, supervisors, and employees, and structure their business practices and reward systems to reinforce those corporate objectives. Link pay and performance not only for technical competencies, but also for how employees interact, support, and respect each other. 

Understand the long-term corporate objectives of the organisation. 

Understand how marketing strategy has been developed to achieve corporate objectives - develop knowledge of the product/service market, and the characteristics (range, mix, and volume) that the operation must satisfy. 

Principle 3 Set key performance indicators for each corporate objective. 

The identification of key performance indicators for a corporate objective is likely to be challenging. Indicators can be quantitative, for instance in the case of reducing the number of incidents, but in other cases they may be qualitative, for instance in demonstrating regulatory compliance. The vulnerabilities presented in Section 8 provide an indication of the range of issues that could be monitored -... 

Donaldson and Preston (1995) argued that stakeholder theory is used to identify the connections, or lack of connections, between stakeholder management and the achievement of traditional corporate objectives (e.g. profitability, growth). At present, the studied corporations are committed to creating long-term value for their shareholders. Sustainable financial performance, responsible behavioiu as a corporate citizen and ongoing improvement in HES areas are the practical dimensions of present the corporate sustainability together with CSR. 

Corporate objectives to reach goals Safety objectives considered as part of corporate objectives... 

Train your employees to think and act as entrepreneurs in keeping with your corporate objectives. 

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