Yoke is a non-publicly issued company. The purpose of independently preparing a corporate sustainability report is to promote healthy company development through operational information transparency, benchmark the best operational models of leading companies, and enable Yoke’s operations to reach higher levels.
Through the integration of SAP ERP, YOKE has been able to complete all closing procedures in 1 business day each month. 20 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.
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.
Yoke implements a 3-tier performance management model to ensure achievement of the Company’s annual strategic objectives and operational targets. | ||
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Objective Level | Management Indicators | Management |
Strategic level | Key Management Index (KMI) | Based on 8 strategic issues, annual KMIs are established as the Company’s overall development direction, which are then cascaded down to KPIs. |
Operating level | Key Performance Index (KPI) | Each department’s KPIs are focused and finalized by the general manager based on operational policies. Managers report monthly at management meetings to track and review achievement status. If targets are not met, PDCA improvement mechanisms must be initiated. |
Execution level | Key Activity Index (KAI) | Each department’s KPIs are cascaded down to departmental KAIs, which are further cascaded down to individual KAIs to ensure implementation and execution. Departmental KAIs also serve as performance evaluation items for each department manager. |
#39, 33rd Road, Taichung Industrial Park, Taichung 407, Taiwan
E-mail: info@mail.yoke.com
Tel: +886-4-2350-8088
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