Corporate Strategy
Guiding HGL with GPS navigation and focusing on three core objectives; Growth, Profit and Sustainability.
GROWTH
from existing and new product sales in core markets and expansion into new markets;PROFITABILITY
through continuous improvement of work flow processes, systems, working capital management and staff performance management procedures; andSUSTAINABILITY
through investment in leadership and talent management programs, staff engagement and group management oversight to drive best practice processes.The GPS strategy plan has three key phases for the execution of company portfolio development and industry footprint establishment activities:
REBUILD FOUNDATIONS
GROW AND DEVELOP
EXPAND AND SUSTAIN
Arrest the revenue decline, maintain strong gross margins, improve operational efficiency and reduce working capital levels.
Battle Plan Operational Priorities:
Expand Brand Portfolio, Superior Sales Execution, Develop Own IP, Expand Online Presence, Reduce Complexity,
Introduce Technology, Increase Employee Engagement
Build sustainability, explore new market opportunities and innovate operational capabilities
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Divest non-core business
units with unsatisfactory performance metrics
Participate in attractive industries with long-term growth prospects.
DE-RISK PORTFOLIO
RESHAPE INDUSTRY FOOTPRINT