International Automotive Task Force (IATF) remain ahead of the pack in global quality management systems standards as new strategy gets a grip.
Product/Services: International Quality Management System Standard (IATF16949)
Sector: Automotive
Situation:
With the launch of the refreshed IATF standard back in 2016 complete, IATF decided to develop a new vision, mission and strategy to forge the future direction of the IATF and propel the standard to even greater global success. Every facet of the automotive industry is changing rapidly from consumer buying behaviours and ownership models through to the powertrain and digital technology. In times of uncertainty and change, strategy provides us with the clear sense of direction and the clarity needed to weather any storm.
O&P Approach and Outcome:
The board of IATF engaged in a detailed Strengths, Weaknesses, Opportunities and Threats analysis using various analytical strategy tools. After following a series of structured workshops a new vision and strategy was created resulting in five new strategic imperatives. Since the creation of the new strategy all initiatives and projects have been selected, prioritised and aligned against the imperatives allowing the IATF to move with pace and vigour and achieve more. The popular Automotive Quality Management System Scheme is growing at a CAGR of 13% and now has more certificates around the world than ever before.