[' ', 'oe', 'Expand', 'Strategic', 'Plan', 'Executive', 'Summary', 'to', 'include', 'commentary', 'on', 'current', 'year', 'results', 'vs.', 'plan', '(assuming', 'a', 'mid-September', 'Strategic', 'Plan', 'submission', 'date),', 'allowing', 'the', 'Operating', 'Plan', 'to', 'focus', 'on', 'action', 'plans', 'and', 'results', 'for', 'the', 'next', 'year.', 'Response', 'Many', 'of', 'the', 'comments', 'received', 'suggested', 'a', 'significant', 'elimination', 'of', 'detailed', 'financial', 'data.', 'from', 'the', '"Strategic', 'Plan"', 'so', 'that', 'more', 'emphasis', 'would', 'be', 'placed', 'on', 'the', 'Situation', 'Analysis,', 'Key', 'Issues,', 'Strategies,', 'etc.', 'The', 'planning', 'calendar', 'currently', 'proposed.reflects', 'this', 'philosophy', 'which,', 'in', 'turn,', 'will', 'necessarily', 'require', 'the', 'inclusion', 'of', 'actual', 'vs.', 'planned', 'results', 'in', 'the', '"integrated"', 'plan', 'submitted', 'in', 'November.', 'o', 'Eliminate', 'detailed', 'program', 'steps', 'from', 'action', 'programs.', 'Response', 'Corporate', 'Staff', 'agrees', 'that', 'detailed', 'steps', 'should', 'be', 'eliminated:', 'However,', 'key', 'dates', 'of', 'major', 'action', 'programs', 'may', 'be', 'appropriate', 'in', 'certain', 'action', 'programs,', 'e.g.', 'new', 'brand', 'launch', 'dates.', ' ', 'o', 'Strategic', 'Plan', 'should', 'emphasize', 'Key', 'Issues,', 'Objectives,', 'and', 'Strategies.', 'Detailed', 'financial', 'projections', 'should', 'be', 'excluded.', 'Potential', 'P&L', 'impact', 'of', 'major', 'strategies', 'should', 'be', 'included', 'along', 'with', 'five-year', 'projections', 'for', 'major', 'capital', '|', 'expenditures.', '(Five-year', 'financial', 'projections', 'should', 'be', 'included', 'in', 'the', 'Operating', 'Plan.)', 'Response', 'This', 'recommendation', 'has', 'been', 'largely', 'incorporated', 'into', 'the', 'current', 'integrated', 'plan', 'proposal.', 'Specifically,', 'the', 'proposal', 'notes', 'that', 'the', '"Strategic', 'Plan"', 'portion', 'of', 'the', 'integrated', 'plan', '(which', 'is', 'to', 'be', 'reviewed', 'and', 'approved', 'in', 'mid-August)', 'would', 'not', 'require', 'the', 'inclusion', 'of', 'financial', 'schedules', 'or', 'statements.', 'However,', 'the', 'plan', 'narrative', 'would', 'be', 'expected', 'to', 'include', 'an', 'estimate', 'of', 'the', 'magnitude', 'of', 'the', 'incremental', 'impact', 'on', 'corporate', 'earnings', 'and', 'cash', 'flows', 'of', 'the', 'major', 'strategic', 'changes', 'proposed.', 'nn6S', '8260S', '-', '16', '-', ' ', ' ']