Original Date: 04/28/1995
Revision Date: 01/18/2007
Information : Management Control Process
Lockheed Martin Electronics and Missiles’ (E&M’s) Ocala operation has developed and adopted a wide range of management practices in support of its mission statement. That statement includes application of low cost manufacturing, world class quality, and proven technologies to the development, production, and management of electronic commodities for the Lockheed Martin Corporation and outside markets. The management control process is the means by which Ocala has integrated the output of its variety of management reporting systems for senior management monitoring.
The Lockheed Martin Ocala management control process is comprised of six discrete mechanisms. Corrective Action Boards focus on program issues and are chaired by program managers. Meetings are held weekly where the goal is to identify root causes and to make the transition from corrective action to preventive action. The Senior Performance Management Teams (PMTs) meet monthly, primarily to ensure consistent implementation of corporate objectives. Issues such as performance-to-standard, yield improvement and delivery-to-schedule are addressed. Schedule status committees meet weekly to discuss issues such as procurement status, systems delivery status and component and sub-assembly build status. Red-Yellow-Green By Program meetings are held bi-weekly. Using the colors of red, yellow, and green to indicate the severity of a particular issue, discussions are held concerning quality, schedule performance, procurement status, cost performance and technical issues. The Change Board meets weekly to ensure all design and process changes are implemented. Finance reviews are held weekly and monthly to discuss actual hours per unit versus planned hours per unit, overtime utilization, earned value, and the support ratio.
The Lockheed Martin Ocala management control process integrates a variety of management reporting systems and provides senior management with the means to monitor activities and contribute to continuous improvement and a quality product.
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