Siemens 2006 Annual Report Download - page 16

16 Fit4More
Fit4More – The basis for
a successful future
clear focus on business performance. Peo-
ple Excellence sets the highest standards
for selecting, evaluating, leading and
developing our employees. And Corpo-
rate Responsibility ensures that – in the
areas of corporate governance, business
practices, sustainability and corporate citi-
zenship – we’re a good neighbor in all the
countries where we do business.
On the home stretch
Performance and Portfolio: We’ve found
satisfactory solutions for the realignment
of our I&C business area and our L&A
Group. Targeted acquisitions and divest-
ments in fiscal 2006 have brought us
much closer to reaching our target mar-
gins and achieving a growth rate double
that of the global economy.
To reach these goals and remain suc-
cessful over the long term, we’re rigor-
ously implementing our three Fit4More
drivers:
Launched in April 2005, our Fit4More
program has set clear goals and defined
the measures required to accelerate our
strategic reorientation and lay the basis
for sustainable profitable growth. We’ve
already accomplished a large part of what
we set out to do. In particular, we’ve
paved the way for long-term growth in
our share value by capturing or closing in
on leading positions in all our markets
worldwide.
The four Fit4More pillars – Perfor-
mance and Portfolio, Operational Excel-
lence, People Excellence and Corporate
Responsibility – comprise a comprehen-
sive approach to enhancing our Compa-
ny’s productivity and value. Performance
and Portfolio defines the steps necessary
for creating a portfolio that will enable us
to achieve sustainable profitable growth
at twice the global GDP rate. Operational
Excellence implements our Company-
wide top+program rigorously and with a