CONFIDENTIAL
DRAFT
FYE12 Goals for: Lauren Glotzer
- Develop and upgrade the human capital in my organization(ties to Underwood Goal 1)
- Continue to develop and upgrade the human capital in my organization with a focus on (1) improving management skill and capability and (2) talent management
- Host staff meetings on a bi-weekly basis to ensure each team member understands the team’s goals and responsibilities
- Provide staff with real-time project feedback in addition to the formal feedback processes 1-2 times per year
- Ensure that 80% of my direct reports org levels 1-6 have set SMART goals by October 17, 2011 utilizing myCareer
- Ensure that all of my org level 1-6 direct reports have a development plan in myCareer by March 31, 2012
- Ensure that at least 66% of my direct reports with supervisory experience take at least one management certification SPEED classes by March 31, 2012
- Ensure that all of under performers are on a performance improvement plan by Jan 31, 2012
- Expose corporate development staff to other divisions via the “Taste of Finance Shadow Program” and continue to facilitate Corporate Development hosting other finance staff
- Reduce overall cost structure(ties to UnderwoodGoal 3)
- Collaborate with Home Entertainment to identify and assess worldwide opportunities for Home Entertainment JV’s and partnerships
- Facilitate execution of JV in Australia with Universal to save approximately $4MM per year of operating expense including (1) creation of the business case and securing senior management buy-in and (2) managing the deal negotiation process
- Provide strategic insight to business divisions(ties to Underwood Goal 4)
- Conduct strategic review of trends in entertainment and update management on implications for SPE
- Present margin analysis, benchmark findings, and industry trends, at Executive Off-site; facilitate discussion of actions and implications driven by these findings
- Consolidate SPE’s business strategy into the MRP presentation for Tokyo
- Articulate SPE’s business strategy in presentations to SPE’s Board and Sony Corporation’s Board of Directors
- Work with Motion Picture Group to increase slate profitability and effective use of cash(ties to UnderwoodGoal 5)
- Coordinate with MPG and HE executives (including DCFOs) to identify key lessons from EY benchmarking study and solicit additional data from the study to review slate profitability in greater detail
- Work with business units to drive profits and investments by product margin(ties to UnderwoodGoal 6)
- Consolidate margin analysis findings by DCFOs for their divisions
- Supplement divisional margin analysis by creating fully loaded margin analyses, including allocations of corporate overhead
- Facilitate implementation of emerging business models(ties to Underwood Goal 7)
- Continue as day-to-day manager of The Hot Ticket on behalf of Sony Pictures Releasing; develop content opportunities with other groups within SPE and Sony, as well as independent opportunities
APPENDIX 1:
FYE12 Goals for: Jim Underwood
- Develop and upgrade the human capital in my organization(link’s to Hendler Goal 7)
- Continue to develop and upgrade the human capital in my organization with a focus on 1) improving management skill and capability 2) Talent management
- Meet one-on-one with my direct reports at least twice per month to provide performance coaching and feedback, as well as to address any issues and obstacles that are impacting performance.
- Ensure that 75% of my direct reports in org level 7-9 to have set SMART goals by September 30, 2011 utilizing myCareer.
- Ensure that 50% of my direct reports in org level 1-6 to have set SMART goals by September 30, 2011 utilizing myCareer.
- Ensure that all of my org level 7 and above direct reports have a development plan in myCareer by March 31, 2012.
- Ensure that at least 75% of my direct reports with supervisory experience take two or more management certification SPEED classes by March 31, 2012.
- Ensure that all of under performers are on a performance improvement plan by Jan 31, 2012.
- Ensure that I have an updated Nine Box on file with P&O for all org level 7 and above employees by October 31, 2011 and the rest of my organization by March 31, 2012
- Expose staff to other divisions via the “Taste of Finance Shadow Program”
- Identify opportunities to sell non-strategic assets that will result in significant gains for SPE(ties to Hendler goal 1)
- Execute transaction with Marvel relating to Spider-Man that restructures operating relationship, exits respective financial participations, and generates approximately $270MM of operating income
- Reduce overall cost structure(ties to Hendler goal 2)
- Identify opportunities for Home Entertainment JV’s and partnerships in international territories
- Facilitate execution of JV in Australia with Universal to save approximately $4MM per year of operating expense
- Facilitate execution of JV in Brazil with Fox to save approximately $1MM per year of operating expense
- Provide strategic insight to business divisions(ties to Hendler goal 6)
- Conduct strategic review of trends in entertainment and update management on implications for SPE
- Present margin analysis, benchmark findings,and industry trends, at Executive Off-site; facilitate discussion of actions and implications driven by these findings
- Consolidate SPE’s business strategy into the MRP presentation for Tokyo
- Articulate SPE’s business strategy in presentations to SPE’s Board and Sony Corporation’s Board of Directors
- Work with Motion Picture Group to increase slate profitability and effective use of cash(tied to Hendler goal 9)
- Coordinate with MPG executives (including DCFO) to identify key lessons from EY benchmarking study and solicit additional data from the study to review slate profitability in greater detail
- Work with business units to drive profits and investments by product margin(ties to Hendler goal 10)
- Consolidate margin analysis findings by DCFOs for their divisions
- Supplement divisional margin analysis by creating fully loaded margin analyses, including allocations of corporate overhead
- Coordinate with SPE Consumer Products group to build a business plan that maximizes future profits on Smurfs 2 merchandise
- Facilitate implementation of emerging business models (ties to Hendler goal 10)
- Oversee the equity portion of the Flickme transaction in an effort to take advantage of Social Networking to help drive sales of catalog product
- Oversee the equity portion of the Fametown / Tornante transaction to explore integrated advertising of our films in social networks
APPENDIX 2:
FYE12 Goals for: Dave Hendler
- Identify opportunities to sell non-strategic assets that will result in significant gains for SPE
- Reduce overall cost structure
- Achieve sustainability targets
- Continue efforts to protect our content, intellectual property and information assets
- Improve cash flow management
- Provide strategic insight to business divisions
- Develop and upgrade organizational capability
- Reduce the potential for fraud across the Company
- Work with Motion Picture Group to increase slate profitability and effective use of cash
- Work with business units to drive profits and investments by product margin