FGV Annual Report 2015

22 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 Global Strategic Blueprint (GSB) and Group Imperatives Accelerating our strategic aspirations Over the past year, in response to a challenging economic climate, group imperatives were introduced to focus the organisation on key and urgent deliverables. As we enter a new era for FGV, these imperatives form part of our business-as-usual activities, and have been incorporated within the relevant business and functional areas. Short Term (2015) Medium Term (2016 - 2017) Long Term (2018 - 2020) Enhancing revenue Cost OptimiSation Operational Excellence Establish successful tolling business model and fully-fledged, asset-backed trading arm Divestment of under performing assets Innovative use of technology to improve productivity and efficiency in the field e.g. Harvesting tools and methods and increased mechanization Expansion of palm oil plantation (non-LLA) and FFB volumes through M&A Efficiency & energy optimisation – Waste to Wealth Replanting programme to achieve optimum crop-age (60% prime, 20% young, 20% old) Commercialisation of high-value and innovative products LLA renegotiation and restructuring Execution of best management practices in the estates to improve yield Supply Chain: Logistics Centre of Excellence Procurement Transformation Improve sales volume by increasing channels, capability and customer Diversify and develop new high margin products streams in new markets G Group P Plantation D Downstream S Sugar T TLM R Rubber A R&D and Agri-Services T P D R P D S T D G G G T P A P