strengthen business

strengthen

Enhanced operational performance

Information transparency

At present, YOKE is not a public company. Our participation in Commonwealth Magazine's Excellence in Corporate Social Responsibility and voluntary preparation of sustainability reports have both been an effort from the Company to improve its operations through transparent disclosure of information as we learn from the optimal business models adopted by other exemplary companies. Through the integration of SAP ERP, YOKE has been able to complete all closing procedures in 1 business day each month. 15 days before each month, senior executives would convene a management meeting to review the operating performance to focus on problematic issues and immediately formulate corresponding improvement measures.

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Budget management process

At the end of each year, the management discusses with each department on their proposed annual budgets and targets in accordance with the medium and long-term goals before verifying the annual plans for individual departments. The management also engages each department in KPI confirmation meetings, during which they lay out all performance indicators from R&D progress, production yield, production efficiency to goals of supporting departments. Our existing performance management mechanism covers eight strategic issues and spreads out over three tiers in accordance with the Company’s annual strategies to derive our Key Management Index (KMI). These are then expanded to derive the Company’s annual operational goals while the General Manager refers back to the Company’s operation approach to determine relevant Key Performance Index (KPI) at the corporate level. The KPIs are to be reported by department managers during the monthly management meetings in which the General Manager and the management team will review and evaluate the status of achievement for follow-up. Each department will establish its corresponding Key Activity Index (KAI) at the department level to be implemented. The KAIs shall be related and instrumental to the achievement of KPIs and they will be included as a component of department managers’ personal performance evaluation. Under the department, KAIs would be the personal KPI for individual employees to create a complete and closed circuit that ties the Company’s annual strategic goals and operational goals together. The review is reported monthly, and the PDCA improvement mechanism is activated if the target is not met.

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39, 33rd Road, Taichung Industrial Park, Taichung 407, Taiwan

Einfo@mail.yoke.com 
T+886-4-2350-8088

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+886-4-2350-8088 

#39, 33rd Road,Taichung Industrial Park, Taichung 407, Taiwan