Management with Objectives
Project Management System
The success of each subsidiary at Flokser Textile is monitored by the Project Management System. The third main element is the Meeting Systematics. Work plans are formed for the strategies generated. Each work plan at Flokser Textile and its subsidiaries is monitored and executed on the basis of projects. A well planned project makes a strategy successful and enables Flokser Textile and its subsidiaries accomplish their objectives.
The strategic management schedule planned according to the 5 dimensional capital structure is called the Management Cockpit at Flokser Textile. Flokser Textile and all its subsidiaries monitors the variability of the key factors of success and the objectives via the Management Cockpit. Thus ascertaining incomplete things or things that go wrong becomes easier and provides prompt action to be taken.
All the key factors of success in this Management Cockpit designed according to the 5 dimensional capital structure are conveyed to individuals and are tracked by means of the Performance Management System.