Long Term Planning Flashcards
1
Q
3 Types of 3 Year roadmaps
A
Product Development
Manufacturing Technology
Information Technology
2
Q
6 aspects of Product Development
A
Market Revenue Customer Specific Cost Reduction New Technology Open Innovation Research
3
Q
Strategic Initiatives
A
Big goals made up of many projects
4
Q
Key Challenges
A
Big threats to mitigate
5
Q
Critical Success Factors
A
Key activities that are essential to business success (subjective).
6
Q
Key Performance Indicators
A
Quantifiable aspects of CSFs