Message from Scott Selle
The beginning of 2010 is a good time to revisit and refresh our organizational goals and objectives. Goals are important for many reasons. They include our most important customer commitments, compelling us to stay relentlessly focused on exceeding customer expectations. Goals also help us stay on track over long-duration projects as we periodically measure our progress against defined milestones and metrics. Goals enable us to collaborate as a team by establishing a common understanding of our priorities. Finally, goals allow us to allocate resources wisely and maintain balance in our efforts, since they reinforce the need to excel in multiple areas that can sometimes seem competitive.
The process we use in developing our goals is straightforward. First, we look to our customers. They tell us what is important in their contracts to us. Next, we ensure our goals integrate with our corporate financial plan. EADS can hit its financial targets only if all of the businesses in the Group deliver on their commitments. We welcome the responsibility of carrying our fair share of the burden. We also align our objectives with corporate strategy. EADS North America has asked us to reinforce our commitment to strategic growth, accountability and integrity. EADS Defense Electronics has challenged us to accelerate efforts to globalize our sales of Fairchild Controls products overseas and DE technology in the USA. Our 2010 goals reflect both of these priorities, as well as the corporate strategy defined in EADS Vision 2020. Finally, we consider our responsibility to our employees in our goals. We’ve worked over 2.3 million hours without a lost-workday accident, and we will enter 2010 with an objective of zero accidents because we recognize that our employees are our most valuable resource. We also conclude our goals with a pledge to provide a respectful, professional and developmental environment for our workforce.
Fairchild Controls 2010 Organizational Goals
- Work safely with zero accidents, zero lost workdays and zero environmental excursions
- Satisfy customers with high quality products and services delivered on-time every time
- Hit the numbers: Achieve record sales again, and beat our targets for profitability and cash flow
- Fully deploy Integrated Product Development with repeatable and highly coordinated processes that
drive schedule performance, efficiency and value into our development programs
- Grow! Win new and return business to exceed one year's worth of sales orders
- Combine innovative R&D with industry-leading engineering design to advance the technology of our
core product families
- Leverage our role within EADS by excelling on EADS programs, creating new opportunities with EADS
Defense & Security and helping EADS North America grow
- Strengthen our supply chain and drive out cost through lean manufacturing, Six Sigma waste
reduction, new infrastructure projects and partnerships with the world's best suppliers
- Raise standards for a respectful, professional, developmental workplace; where we focus on strategic
growth, integrity and accountability
Sincerely,
Scott Selle
President
Although Fairchild Controls believes the information presented in this article is accurate and reliable, the opinions, projections and conclusions drawn may be outdated or incorrect. This article should not be used as a sole basis for current and future decisions, including investment decisions. Fairchild Controls has no obligation to update the historical information contained in archived documents, makes no representation of expected future financial performance, and accepts no liability for damages based on this information.