LES Strategic Plan 2025 - Report - Page 40
PUTTING THE PLAN INTO ACTION
Strategic initiatives
Bringing our vision & objectives to life
As we work toward future energy systems and balance the equally
important elements of the energy trilemma, our customers will continue
to be at the center of all we do. Here’s how our strategic initiatives and
goals will work together:
Core capabilities
The foundation for LES’ strategic vision is our people, financial strength
and efficiency. This series of initiatives focuses internally and is
designed to ensure that LES has the right people with the right skills and
access to cost-effective resources to work better and more efficiently,
as well as future planning that minimizes energy burden and protects
affordability. Core internal initiatives support our external initiatives.
Enhancing our strengths and adapting for the future
These investments double down on what LES already does well by
leveraging our key strengths to continuously improve performance
in the areas of reliability and resiliency, customer engagement and
sustainability. Additionally, we will be making investments to excel under
changing conditions of the future.
Although there are some intuitive alignments between initiatives and
objectives, all of the strategic initiatives will be cross-cutting and
support multiple objectives to varying levels of impact. They represent
portfolios of complementary work that will deliver the assets, processes
and functions needed to achieve the targeted strategic outcomes. LES
has an ongoing responsibility to plan for now and what’s next. Strategic
initiative activities will be a mix of near-, medium- and long-term
implementation and will take place in all three horizon windows.
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