Management and Strategies | Management systems
Fibria’s management indicators derive from the objectives presented in the Company’s strategic map, which was prepared using theBalanced Scorecard methodology.
The management of Fibria’s indicators is based on the concept of management by goals (MBG). Using this management system, the long-term strategic plan is translated into targets and short-term measures for the economic, social and environmental dimensions.
Through MBG, the targets and measures are broken down into all of the organizational processes and hierarchy, according to the Company’s structure of management indicators.
In 2009, the MBG was applied only to the former VCP units. Aracruz’s former units used the Aracruz Management Tracking System (RGA), which will be substituted in 2010 through the MBG system.
The specific targets and action plans for the indicators of each process are then monitored through results meetings, where an evaluation is made regarding the achievement of the targets and the effectiveness of the plans at each stage of the process.
In 2009, the MBG cycle was made up of 730 targets monitored through the Management On-Line software program (“GOL” in Portuguese), capturing a gain of R$ 10.14 million compared to the EBITDA target for the year.