OGSM is a tool that has been adopted by the FIT Board for the planning, implementation and control of the company’s strategy and actions since its establishment. And OGSM is one of the factors that help FIT develop strongly as present.

OGSM has been helping FIT successfully build a short, understandable strategy / activity description, which will help the Board and all employees implement, evaluate and adjust more easily.

Preparing for the 2018 plan, the whole FIT participated in OGSM Workshop on November 08, 2017. At the workshop, the results of activities in 2017 were finalized with the action plans for 2018.

2017 can be said to be a steady phase of sustainable development with the success of large projects thanks to the clear target strategy and unremitting efforts of the Board and all employees of the Group: From the policy of strengthening the array of business activities to the strategy on finding foreign strategic partners for the Group and its member companies; maintaining and promoting strengths in financial investment activities; focusing on expansion of production and business of the core industries which are pharmaceuticals, consumer goods and agriculture-food, creating the foundation for FIT, to the developing and retraining of human resources in the departments of the Group. Thanks to these concerted efforts, all departments of the Group have successfully finished the assigned plan, each one has got impressive achievement in 2017.

This result again confirms the ways and strategies that the Board and the departments of the Group set out in OGSM from the beginning of the year is absolutely right. And it is important that FIT has built a unique, very own business culture, This makes the Board of Directors and all staff members committed to, strictly adhere to, and determined to implement the goals and strategies set forth earlier this year.

At the end of the meeting, after the Board and departments reported their accomplishments and set targets for 2018, “I, we commit to realizing and accomplishing the goal” commitment celebration is held as a cultural feature of F.I.T. The celebration showed the spirit of determination, solidarity of F.I.T’s leaders and staff, all for the purpose of building F.I.T Group to become a leading developed company in Vietnam.

The O.G.S.M model was formed and developed in the 1950s by Japanese car manufacturers and businessmen. Over the past half a century, OGSM has been applied and operated effectively in well-known global brands such as Coca-Cola, Honda, P&G, etc, which is seen as a tool for “planning and communicating” strategies.

Benefits of OGSM:

– Creating synergy.

– Minimizing waste of resources and time

– Increasing concentration

– Increasing efficiency

– Improving competitiveness