The Atlas Copco Book Jeanette Livijn Senior Vice President Atlas Copco Group Organisational development and management resourcing
Established1873 in Stockholm, Sweden Four focused business areas Compressor Technique Industrial Technique Mining and Rock Excavation Technique Construction Technique Global presenceCustomers in 186 countries Employees Annual revenues 2012BSEK 90.5 (BEUR 10.5) Annual operating margin20% Diversity51 nationalities among top 350 leaders Atlas Copco Group Presentation 2013, v1 2 Committed to sustainable productivity
An industry benchmark Atlas Copco Group Presentation 2013, v1 3
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CEO with a vision Atlas Copco Group Presentation 2013, v1 5 How can we - grow faster on a global basis? - operate close to our customers? - delegate consolidated P/L? - develop multiple businesses? - stay innovative? - have a high performing culture? First in Mind—First in Choice ®
CEO with a vision Atlas Copco Group Presentation 2013, v1 6 -Vision and values -Divisionalization -The way we do things -Internal job market -The Atlas Copco Book First in Mind—First in Choice ®
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9 Long term and vision driven 1 (5)
Strategic alignment & ownership 2 (5) Mission – sustainable profitable growth Transparence in strategies and expectations Ownership and clarity in roles and responsibilities Freedom with accountability Strive for innovation and continuous improvements –There is always a better way 10
Vital organization, reflecting outlined strategy 3(5) Internal growth of leaders Mission is between 3-5 years All positions in all countries are advertised internally Managers grow employees for the Group Equal opportunities Goal is 85% internally recruited managers Broad based talent philosophy and no succession planning 11
Decentralized structure for innovation 4(5) Divisional presidents (22) have our highest operational responsibility Clear accountability for consolidated P/L and working capital in all 400 business units Advanced business control system to follow up trends and results on a monthly basis Gives speed and agility Stay close to customers Support innovation and entrepreneurial spirit The Atlas Copco Organization
Strong company culture 5(5) Bring in the right people and let them understand culture, values & strategy. Leadership – internal mobility - walk the talk. Transparent and free flow of feedback.
The Story about the Atlas Copco book 14
Committed to sustainable productivity. 15