STRATEGIC GOALS
Strategic goals

Strategic goals

Aker Philadelphia Shipyard expects to continue its success, by focusing on four clear strategic goals:
1) Zero Incidents – Safety is our first core value, and in recognizing the goal that all accidents are preventable – we strive for ZERO injuries.
    • We will never compromise safety
    • We will communicate our safety goals and objectives
    • We will seek advice from best practices around us, within the Aker group and other parties who can help us with improving workplace safet

2) Double Productivity – We “AIM” to be twice as good at the end of our current series as when we started.
  • We have established AIM 200 as a continuous improvement program and our number one operational target
  • We measure performance and improvement week to week for everything we do
  • We recognize that we can always be better and will never accept that things are good enough
  • We will create accountability at all levels of the organization for our performance

3) Three Vessels per Year – Through improved productivity and optimal use of the facility, we intend to maximize throughput – targeting three vessels per year.
  • We will optimize the use of our best-in-class US facility for production of commercial merchant vessels
  • We will continue to take advantage of shipbuilding expertise from Aker Yards and Hyundai Mipo Dockyard
  • We will focus our resources where we have best competitive advantage and create the most value
  • We will apply innovation and creativity to every step of the shipbuilding process

4) Market Leader – Through our superior production facility, skilled workforce, and unique partnerships, we will maintain our position as a leader in US commercial shipbuilding.
  • We will evaluate existing and new market segments
  • We will evaluate best in class designs from world class shipbuilders
  • We will target taking a leading position within attractive market segments by weighing short term benefits versus long term opportunities and value creation

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