Working Paper 3: Performance and Management Tenure Review (1000 words)

Working Paper 3: Performance and Management Tenure Review (1000 words)

This first part of this Working Paper is similar to the Performance Report at the end of Year 3 except that this document examines the results in Years 4-6.

This Working Paper needs to provide a summary and analysis of the results (both Financial & Non-Financial) that you have achieved over the first three years of your tenure. It should compare actual results of your nominated key performance indicators against targets set and perhaps other benchmarks e.g. industry averages, main competitors. It should give a clear indication of how you have done in developing your strategic direction to date and provide some explanations of the success or otherwise of your decisions to date.

This working paper should also review your current comparative competitive position in each segment in relation to customer buying requirements. It should also examine the different strategies being adopted by competitors (especially those competing with similar strategies). Examples of what it should include are listed below:

Summary & analysis of Financial Performance indicators with specific reference to nominated Board Indicators (Sales & ROS)

Summary and analysis of non-financial nominated Key Performance Indicators

Competitive Positioning (Products & Competitors)

Other relevant supporting information

Conclusions/Strategic Implications/Operational Implications

The second part of this Working Paper requires an additional Section for you to highlight to the Board why your Management Team should be re-appointed. This will require you to highlight and analyse areas of performance over Years 1-6 that support re-appointment.