Siemens 2014 Annual Report Download - page 103

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Please find page 103 of the 2014 Siemens annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Business excellence
We want to do an excellent job of managing our businesses while
pursuing our aim of continuous improvement. For this, we’ve developed
outstanding tools as part of our Company-wide top+ movement – tools
that we will apply with even greater rigor in the future. These tools
enable us, for instance, to benchmark our performance against the best
and to increase our productivity. Tight ening our risk management
approach is helping us identify project risks while still in the bidding
phase and thus avoid costly project delays. Last but not least, we’re
fostering our service business across organi zation al boundaries, for
example, by developing service platforms.
People excellence and care
Excellent employees are the heart and soul of Siemens. That’s how
it’s always been. And we want it to be even more so in the future.
Therefore, we’re anchoring an ownership culture at our Company. For
us, this is not an abstract idea but a concrete goal that we’re pursuing
with measures we can track. After all, the behavior, motivation and
values of the people who work for Siemens mold our culture. In an
attractive working environment, we promote lifelong learning and
personal development. Integ rity – supported by a well-established
compliance system – remains the principle that guides our conduct.
Our share programs are enabling us to increase employee participation
in our Company’s success while bringing us closer every day to a lived
ownership culture.
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Our strategy