The Coors vision statement claims that the company must, “…become even more effective by aligning and uniting the human, financial, and physical aspects of our company.” To focus on these aspects even further, top management broke these aspects down into four main fundamental activities that Coors must constantly engage to achieve success.
The four fundamentals of the Coors Vision statement are: 1. Improving quality 2. Improving service 3. Boosting profitability 4. Developing employee skills
The seven planks cover each of these fundamental visions for success. The four fundamentals are broad-scoped goals, with no specific details on how or what will help the company maintain these fundamentals. These fundamentals may be inherently present at the core of any corporation. In the case of Coors, the fundamentals are not sufficient for a company vision. The six planks, described as “general business strategies,” are broad-scoped in nature as well, but are more relevant to the operations at Coors, and all apply to at least one of the four fundamentals.
and the six planks, although generally broad-scoped as well, attempt to pinpoint different operations that will generate desired results.
2. There is business strategies mentioned that do not directly correlate with the O&T Department vision statement. These strategies include: inventory being a liability, finding and fixing the root cause, and making decisions where work is performed. There are several gaps between their vision statement and outlined business strategies. The most noticeable gap was the mention of “people doing the work are critical to lasting improvement,” while the only mention of employees within the vision was that they “valued learning.” Mentioning employee value within the department’s vision statement, as well as describing why employees are critical to lasting improvements may help bridge this gap between the statement and strategies.
3. FAQs. 1.