Siemens 2014 Annual Report Download - page 96

Management model
A strategy sets the course. In the end, however, it’s implementation and
results that count. To enable us to manage our Company more effectively,
we’ve expanded One Siemens into an integrated management model
that combines under one roof the overarching targets and priorities with
which we’re implementing our strategy throughout the Company.
These factors are making a decisive contribution to our Company’s success –
managed jointly and holistically, not individually or in isolation. That’s how
One Siemens is helping us to reach our Vision 2020 goals.
Financial framework
To measure and compare our development vis-à-vis the market and in our
competitive environment, we use a system of defi ned key indicators. We’ve
now refi ned and expanded this fi nancial target system.
SEE PAGE 
Operating system and Corporate Memory
We manage our Company in accordance with specifi c, clearly defi ned prior-
ities. And we do it rigorously. In addition, the Corporate Memory – our
knowledge management – ensures that we learn from mistakes and keep
our work focused on success. SEE PAGE 
Sustainability and citizenship
We contribute to sustainable development by maintaining a responsible
balance at the Company level between profi t, planet and people.
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 Our strategy