• The $36 million price reduction is an area that needs continuous review to find creative ways to reduce the impact.

• Cost reduction is a big opportunity for you. One point of cost will take you from an uncomfortable position to a comfortable one.

BUSINESS A
• You need to do something about quality. Thirty percent customer returns is way too high. Devote more resources in engineering to get at the quality issues.

• It does not appear that we are realizing the upside associated with price increases in the aftermarket. Let’s understand why we are not seeing it and, if there are cost issues, develop plans to mitigate it.

• Make sure we have a plan to improve repair and overhaul margins, particularly on commercial propulsion products.

• We need to drive better results out of product line Z.

• Given that the risks you identified are likely, we need a well-thought-out contingency plan that focuses on costs.

Taken from: Execution The discipline of Getting things Done