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A3. Acting Strategically

Weighs priorities and analyses benefits and risks to make good decisions that drive Indorama’s strategy forward. Devises and implements strategies that focus on Indorama’s future readiness.

Structure / Point 1
No Evidence
2
Developing
3
Proficient
4
Role Model
5
Strategic
Cost Benefit Analysis

Does not show the behavioural indicators required for Acting Strategically. Compares a number of alternative options before making decisions but needs prompting or support when analysing the benefits and risks associated with each. Weighs up alternate options or concepts, by evaluating their benefits and risks to Indorama’s strategic objectives. Conducts a full analysis and risk assessment of all options before making key decisions, taking both Indorama’s current and future context into account. Implements systems or processes which ensure full analyses and risk assessments are completed before decisions are made at all levels and functions across Indorama.
Considers other opinions

Does not show the behavioural indicators required for Acting Strategically. May not always consider the perspectives of others when making important decisions, maintaining their original approach. Takes into account the opinions and priorities of a broad group of people before making decisions. Encourages individuals in their team and function to consider the opinions and priorities of others before making decisions. Creates a culture where people are encouraged to consider the opinions and priorities of others, and challenge decisions which do not provide sufficient evidence of this.
Future focused

Does not show the behavioural indicators required for Acting Strategically. Their lack of understanding of Indorama’s and its customer’s future needs, means that decisions may not be consistently future- focused. Demonstrates a clear understanding of Indorama’s and its customer’s future needs, in order to make tactical decisions which meet its desired future state. Enables others to better understand the future needs of Indorama, and its customers, in order to align their activity and decisions with its desired future state. Sets a culture where the organization/function is always looking forward, anticipating the customer’s needs and aligning Indorama’s capabilities to meet its desired future state.