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Diversity & Inclusion April 20, 2017 1
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Overview Diversity and inclusion are an integral part of our business.
It’s essential that you know: The Basics Why It Matters Keys To Success Who’s Leading The Way Our Progress Our 2009 Plans How You Can Help Available Resources 2
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The Basics 3
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Diversity & Inclusion: The Basics
What is Diversity? It is the uniqueness that each of us brings to the workplace, including: Race Ethnicity Gender Socioeconomic status Background Life experiences People w/disabilities Country/region of origin Language Work style Education Functional area of expertise Sexual orientation At Tyco, diversity means more than differences in race, ethnicity and gender. 4
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Diversity & Inclusion: The Basics
What is inclusion? Creating an environment where everyone feels respected and appreciated – so we can individually and collectively do our best work. Inclusion makes us feel welcome and supported in the workplace. 5
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Diversity & Inclusion: The Basics
How do diversity and inclusion work together? Diversity and inclusion go hand in hand. Differences bring about creativity and innovation. Being accepting and supportive of those differences is just as important. Through diversity, we access the best people; through inclusion we inspire the best in our people. 6
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Diversity & Inclusion: The Basics
Why is diversity and inclusion a priority at Tyco? It’s necessary for us to develop as individuals and as a team. A diverse workforce and an inclusive culture will help us achieve our business goals and serve as a competitive advantage for our company. 7
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Why It Matters 8
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Diversity & Inclusion: Why It Matters
It supports our values. Can you model any of these values without fostering diversity and inclusion? 9
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Diversity & Inclusion: Why It Matters
It enables the achievement of our business goals. Market Leadership: As we grow globally, a diverse workforce and inclusive culture help ensure our competitive advantage in existing and new markets. Technology & Innovation: A diverse workforce and inclusive culture spurs innovation. It challenges our way of thinking, serves as a catalyst for new ideas and considers different perspectives – which encourages the development of new, products and services. 10
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Diversity & Inclusion: Why It Matters
It enables the achievement of our business goals. Operational Excellence: Improving processes requires cross-business and cross-functional collaboration and creative problem-solving. Accepting unique perspectives and experiences is necessary to reach consensus and develop solutions. Talent Development: We must attract and retain talented individuals and work as an empowered team to understand and meet ever-changing business and customer needs. Customer Focus: Managing employee, customer and shareholder expectations requires diverse management skills. D&I Mission: We will grow our business through an inclusive environment that values and develops a diverse workforce. 11
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Diversity & Inclusion: Why It Matters
Inclusion influences employee engagement which in turn affects company performance. Over a one-year period, companies with highly engaged employees enjoyed… 19% increase in operating income 28% increase in earnings per share But for those with low engagement levels… 32% drop in operating income 11% drop in earnings per share 12-month change in operating income 12-month net income growth rate 12-month earnings per share growth rate 2007 Towers Perrin Global Workforce Study Is it any wonder why business leaders value D&I? 12
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Diversity & Inclusion: Why It Matters
Different styles, perspectives and approaches work together. It makes Tyco a better place to work. The diversity of our communities (internal and external) is reflected. We’re inspired to contribute fully. We feel supported and able to reach our full potential. Through diversity, we'll attract the best people. Through inclusion, we’ll inspire the best in our people. 13
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Keys To Success 14
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Diversity & Inclusion: Keys To Success
Diversity and inclusion is about our people coming together. It supports our Values and enables the achievement of our business goals. It makes Tyco a better place to work. We are all accountable for promoting diversity and inclusion. We intend for diversity and inclusion to become part of the fabric of our culture. Diversity and inclusion are essential to building stronger teams and achieving our goals. 15
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Leading The Way 16
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Diversity & Inclusion: Leading The Way
Tyco’s Diversity & Inclusion Council Since 2007, a global council of representatives from across Tyco has been promoting: Collaboration across boundaries Problem resolution Best practice sharing Building partnerships Regular reviews and updates w/the senior management Progress in all businesses/functions
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Diversity & Inclusion: Leading The Way
Lydia G. Mallett Vice President, Staffing & Diversity Tyco International Yasmine Zyne Chief Labor and Employment Counsel Tyco International Mike Ryan Vice President & General Manager, Life Safety Tyco Safety Products Jason Rabbino Vice President, Strategy ADT Tracey Porter Director, Human Resources, Talent Acquisition & Diversity Tyco Safety Products Lara Nichols Sr. Director, IT Sourcing and Assets Tyco International Edward Kurasz Vice President, Global Mechanical Division Allied Tube & Conduit Julio Hoenigsberg Vice President, Sales & Business Development ADT – Latin America Matthias Ernst Regional General Manager ADT – Central Europe Bob Chauvin Vice President, Northern Operations SimplexGrinnell Tony McGraw VP Western Region Operations ADT NA Emmanuelle Dubu Vice President, Business Development Tyco Water Works Dennis Lynch Vice President, Chief Counsel Litigation Tyco International Anil Singh Chief Financial Officer, Asia Tyco Fire & Safety Christian Corrado Director of Global Logistics Tyco International Sam Eldessouky VP Assistant Controller, External Reporting, Finance Tyco International George Oliver President, Tyco Safety Products Executive Sponsor, Tyco D&I Council 18
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Our Progress 19
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Diversity & Inclusion: Our Progress
This year, diversity and inclusion efforts included: Enhanced leadership education Integration into strategic planning Clearer communication about the benefits to our company We started making it part of the fabric of our culture. 20
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Diversity & Inclusion: Our Progress
Our purpose was to build awareness that: Diversity Impacts everyone! Reaches out to all talent. Is part of our value system. Is a competitive advantage. Inclusion Requires everyone! Needs everyone’s support. Inspires better performance. Makes Tyco a desirable workplace. 21
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Our 2009 Plans 22
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Diversity & Inclusion: Our 2009 Plans
Our strategy for diversity and inclusion in 2009: Personalize the message Get the D&I conversation started through education Promote strategic leadership Increase awareness, understanding and involvement Develop personal plans of action for engaging employees about diversity and inclusion Continue measuring our progress This year, we’re focusing on inclusion: making it personal and part of our actions. 23
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How You Can Help 24
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Diversity & Inclusion: How You Can Help
We’re all responsible for diversity and inclusion. Our actions should… Be free from bias and open to new approaches, perspectives and experiences. Make others feel welcome to present new ideas that promote innovation and collaboration. Inspire everyone– from colleagues to customers – to help us grow. 25
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Diversity & Inclusion: How You Can Help
You also can be inclusive by: Inviting a variety of people with different styles, positions, ages and experiences when building a new team. Broadening your personal network by reaching out to employees from other communities. Thinking about your personal biases. Do you usually choose to work with people who are just like you? 26
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Diversity & Inclusion: How You Can Help
Remember, it’s expected that we all: Notice and address bias when we see it Be respectful in all interactions – in person or otherwise Are not afraid to speak up and share ideas Make it easy and comfortable for others to share their viewpoints We can make a vital difference by making the most of our differences. 27
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Available Resources 28
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Diversity & Inclusion: Available Resources
Contact your manager with any questions about our diversity and inclusion efforts Contact our D&I council member Connect to information and training on our Intranet Site We can make a difference by making the most of our differences. 29
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Thank You! 30
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