APC 2011 Annual Report Download - page 6

42011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC
MESSAGE FROM HENRILACHMANN
CHAIRMAN OF THE SUPERVISORY BOARD
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Message from
HenriLachmann
CHAIRMAN OF THE SUPERVISORY BOARD
In 2011, we completed One, our three-year Company program.
One achieved all of its objectives and was a great success for our
Company. The Supervisory Board wants to take this opportunity
to thank the Management Board and all of Schneider Electric’s
teams for this tremendous accomplishment. One has transformed
Schneider Electric and put us in a position to reap the full benefi ts
of globalization, growth in new economies and the enormous need
for energy effi ciency solutions.
The energy that costs and pollutes the least is the energy we save.
SchneiderElectric helps its customers use less energy. We have
the good fortune and foresight to be very well positioned in energy
effi ciency markets all around the world. Our products, equipment
and solutions are on the leading-edge of technology and our R&D
investments illustrate our strategy of continuing to offer to our
customers the best-in-class lineup to meet their needs. Our good
short-term business performance allows us to implement a long-
term strategy.
Your Supervisory Board will continue to advise and supervise
the Management Board. The Supervisory Board operates in a
completely transparent manner, in a friendly atmosphere where
discussion and the confrontation of ideas are welcomed.
In measuring team performance and related bonuses, business and
fi nancial criteria are not the only factor. Sustainable development
and corporate social responsibility are also taken into account using
a dedicated resource known as the Planet & Society Barometer.
This tool helps our people to feel responsible of this part of our
performance: measurement drives behaviour. Meeting targets in
these non-fi nancial areas are part of the bonus system for both
employees and senior executives.
After implementing a successful succession at the Chief Executive
level, your Supervisory Board is now working on the succession of
its Chairman and on an appropriate governance.
The Supervisory Board would like to once again express its
confi dence in the teams that are responsible for the implementation
of our new Company program, Connect. We fully support this
program, which should be another major milestone in Schneider
Electric’s development.