APC 2013 Annual Report Download - page 29

OVERVIEW OF THE GROUP'S STRATEGY, MARKETS AND BUSINESSES
COMPANY HISTORY AND DEVELOPMENT
Change management through company programs 4.4
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We deployed our long-term strategy consistently in the past a global leader in energy management, becoming a leading
decade through a series of company programs that focused the provider of high value-added solutions. During the course of the
Group on key multi-year transversal issues and necessary program, solutions increased as a percentage of our revenues,
transformations. accounting for 37% in2011. Our position within new economies
was also significantly strengthened. We believe we emerged from
2001-2008: launch of change management program NEW2004, One leaner, simpler and more agile. Under One, we simplified our
followed by new2 in2005, with the aim of formalising consistent supply chain, reduced the number of our active brands to10
and coordinated objectives for all employees. (excluding brands from recent acquisitions and in the mid-market)
2009-2011: a new company program called “One” introduced to from 120 such brands in2008, generated almost EUR1billion of
support Schneider Electric’s strategic goals. One, the successor to productivity savings and increased operational efficiency by
new2, continues the focus on customer satisfaction (Customer1) reducing our support functions costs to revenues ratio by
and staff development (1Team). The program also includes 1.5points.
strategic initiatives to strengthen Schneider Electric’s leading 2012: Connect, our new company program
position on its market:
Following our successful strategic transformation, we designed
becoming a solutions provider (1Solution Provider);
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and launched Connect, our new company program for the
giving priority to new economies (1Leader in New Economies);
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2012-2014 period. Connect is another major step in the ongoing
simplifying processes in order to act as a single, unified entity
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deployment of our strategy. With Connect, we intend to extend the
(1Company). strong foundation of One to all of our strategic levers: products and
solutions, mature and new economies and people, while
One represented a significant step forward in our transformation. continuing to drive efficiency at all levels.
With One, we re-organized into five customer-focused businesses
and strengthened our integrated portfolio to establish ourselves as
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2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC