and modernizations were completed and put into operation.
Sustainable growth with emphasis on business perpetuity and consistent creation of value sum up the essential pillars that underline the Company’s business strategy. In order to face up to the forthcoming growth challenges, CTEEP invests in the enhancement of the existing assets through reinforcement and new connections, alongside with the maintenance of a consistent discipline as regards the assessment of acquisition opportunities, by taking part in auctions of transmission lines.
Strategic Map
Based on the Corporate Reference Framework tool, which covers all the strategic components – Vision, Mission, Values, Goal Map, Indicators, Targets and Projects – CTEEP adopts a well-structured and integrated strategic management model, aimed at attaining the most efficient assessment on the outreach of the Organization’s business strategy, strongly contributing to the decision-making process.
The Company uses the Balanced Scorecard (BSC) methodology in its management model, with a strategic map and different levels of indicators, so as to include all departments and have everyone cooperating to fulfill the Company’s strategic goals.
The management model also uses regular Strategic Assessment Meetings (RAE) focused on monitoring the projects that ensure the execution of the outlined strategy, in addition to disseminating the knowledge of the strategy and building awareness of everyone’s role in the fulfillment of CTEEP`s mission.