Siemens 2006 Annual Report Download - page 17
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Fit4More 17
• Operational Excellence: We’ve refined
our methods and sharpened our focus
on Innovation, Customer Focus and
Global Competitiveness.
• People Excellence: We’ve established a
high-performance culture throughout
our Company. Based on clear perfor-
mance goals, this culture enables our
people to realize their full potential. To
increase our global talent pool, we’re
fostering talented young people world-
wide. We’ve created new career tracks
for experts and – since world-class
managers are the key to world-class
results – redesigned our management
development program.
• Corporate Responsibility: To safeguard
our long-term future, we’re continuing
to honor our commitments to business
success, ethical conduct, environmen-
tal protection and the welfare of
society.
Outlook
Our Fit4More standards and processes are
timeless elements of good company man-
agement. We’ll continue to employ these
key management tools even after the pro-
gram ends in April 2007.
Our goals will also remain unchanged:
to focus our portfolio on growth and to
be as profitable as our most successful
competitors. As a result, active, targeted
portfolio management will continue to be
a vital part of our Company strategy.
Performance and Portfolio
by April 2007
• Reach target margins in all
Groups
• Build portfolio for 2x global GDP
growth
• Strategic reorientation of I&C
and L&A
Operational Excellence
powered by top+
People Excellence
Corporate Responsibility
A comprehensive and logically structured program with clear goals and
clear drivers
Drivers Goals
Fit4More – Our profit and growth program since April 2005
Implementation by April 2007
Performance
and Portfolio Operational
Excellence People
Excellence Corporate
Responsibility
Solve Mobile Devices
Finalize strategic reorienta-
tion of I&C (Com, SBS)
Strategic reorientation of
L&A
Reach target margins in all
Groups
Build portfolio for 2x world
GDP growth
Execute Siemens Manage-
ment System (powered by
top+) with focus on:
• Innovation
• Customer Focus
• Global Competitiveness
Achieve high-performance
culture
Establish Leadership Excel-
lence Program
Increase global talent pool
Strengthen expert careers
Achieve best-in-class in:
• Corporate governance
• Business practices
• Sustainability
• Corporate citizenship
Fit4More