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Published byJade Chambers Modified over 9 years ago
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Sandvik May 2006 CEO Lars Pettersson, Munich page 1 New Solutions For A New Environment Lars Pettersson President and CEO
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Sandvik May 2006 CEO Lars Pettersson, Munich page 2 eat PAST
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Sandvik May 2006 CEO Lars Pettersson, Munich page 3 PRESENT
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Sandvik May 2006 CEO Lars Pettersson, Munich page 4 FUTURE
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Sandvik May 2006 CEO Lars Pettersson, Munich page 5 Industrial production 12-month rate of change
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Sandvik May 2006 CEO Lars Pettersson, Munich page 6 Youth unemployment rate
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Sandvik May 2006 CEO Lars Pettersson, Munich page 7 Total factor productivity growth
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Sandvik May 2006 CEO Lars Pettersson, Munich page 8 % GDP Growth per Capita average annual percentage changes 1970-2002
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Sandvik May 2006 CEO Lars Pettersson, Munich page 9 Growth in Industrial production Projected production growth 2005, % Source: Economist Intelligence Unit
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Sandvik May 2006 CEO Lars Pettersson, Munich page 10 Importance to Sandvik Sandvik sales 2005 Europe3544 NAFTA3420 Asia/Australia2423 Africa/South America813 World GDP 2003 1997 53 24 15 8
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Sandvik May 2006 CEO Lars Pettersson, Munich page 11 New solutions for a new environment We are coming from: local economies trade barriers limited communications local labour markets but facing: global economies free trade unlimited communication global markets
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Sandvik May 2006 CEO Lars Pettersson, Munich page 12 New solutions for a new environment What we have: systems and relations which inhibits change subsidies rather than incitament collective rather than individual solutions obstacles for immigrants too low spending on research, development and education
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Sandvik May 2006 CEO Lars Pettersson, Munich page 13 New solutions for a new environment What we need to achieve: promote change in a proactive way, act rather than react! provide a reasonable safety net to encourage change and development clarify the responsibility of the individual to make sure he/she is employable encourage education, research and entrepreneurship reduce unemployment of immigrants
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