Progressive 2006 Annual Report Download - page 16

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20 21
Objectives, Policies and Operations Summary
We recognize that the dynamics of each distribution channel are very
different and, therefore, have established a product management
system responsible for achieving stated financial objectives over
rolling five-year periods. Progressive monitors its financial policies
continuously and strives to meet these targets annually. Experience
always clarifies objectives and illuminates better policies. We
constantly evolve as we monitor the execution of our policies and
progress toward achieving our objectives.
Consistent achievement of superior results requires
that our people understand Progressive’s objectives
and their specific roles, and that their personal
objectives dovetail with Progressive’s. Our objectives
are ambitious, yet realistic.
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