The refreshed Strategic Plan framework includes the vision and strategic goals for the organization. The AGCO’s vision of being a world-class regulator that is innovative, proactive and socially responsible will be achieved through its three strategic goals – Modern Regulator, Service Excellence, and People-Centric. Each strategic goal is associated with several key commitments. Being a Modern Regulatory involves a strategy-driven approach to regulation, while focusing on risks, outcomes and compliance. Service Excellence is about how the AGCO designs and delivers services, and requires providing value for money, reducing regulatory burden on the industries regulated by the AGCO, and being responsive to customers. Being a People-Centric organization necessitates meeting the commitment to empowering people and fostering growth and creating a culture of accountability and trust.
The AGCO Strategic Plan is meant to act as a road map for achieving these key commitments and also involves anticipating potential challenges and opportunities within the AGCO’s operating environment. As discussed above, each Strategic Goal is supported by a number of key commitments which help guide the identification, development, prioritization and implementation of strategies and initiatives.