Long Term Planning Flashcards

1
Q

3 Types of 3 Year roadmaps

A

Product Development
Manufacturing Technology
Information Technology

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2
Q

6 aspects of Product Development

A
Market Revenue
Customer Specific
Cost Reduction
New Technology
Open Innovation
Research
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3
Q

Strategic Initiatives

A

Big goals made up of many projects

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4
Q

Key Challenges

A

Big threats to mitigate

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5
Q

Critical Success Factors

A

Key activities that are essential to business success (subjective).

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6
Q

Key Performance Indicators

A

Quantifiable aspects of CSFs

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