3. "My current business plan is focused on achieving three
major objectives this year. The overall goal for the year
is a 30 percent reduction in department operating costs.
The plan calls for three distinct phases. These are:
i. Reengineer the department to eliminate all
nonessential, non-valueadding work, and to identify the key strategic
work to be retained. The goal for this phase is a 25 percent
reduction in total department work- load-to be completed
by April 1st.
ii. Complete a department reorganization to accomplish
a 40 percent staff reduction and the alignment of the
best available talent against the remaining work. This
is scheduled for completion by July 1st.
iii. Identify and negotiate a financially favorable con-
tract with an outside resource to whom we can outsource
the repetitive, non-valueadding work considered essential
to operating success. This plus the 40 percent staffing
reduction are to be in place by September 30th.
So far, we are right on target with both the objectives
and deadline dates. I fully expect that we will achieve
all of our objectives on time, and that we will achieve
our goal of 30 percent reduction in department operating expenses.
Although these are my key objectives for the year, I
am committed to accomplishing another five or six less
critical objectives by end of the year."