Company Strategy and Objective
JG Summit Holdings, Inc. adopts the long-term strategic planning framework called OGSM (Objectives, Goals, Strategies and Measures). It begins with a purpose, an inspiring articulation of the company’s reason for being and the role it plays in the lives of its stakeholders; the vision for the next 3-5 years; the financial and non-financial goals, the strategic choices about where to compete, and the strategies to be employed to win.
In 2021, the group revisited its 5-year OGSM in light of the COVID-19 disruption. The updated OGSM was presented to and approved by the BOD during its meeting on November 11, 2021. The BOD also regularly reviews and monitors the execution of the OGSM through discussions of the JGSHI’s CEO Scorecard, the group’s quarterly financial performance, and updates on its How-to-Win strategies.