Agenda Grundfos in Brief Leadership Vision Setting direction Being followed Improving Leadership

Transcription

1 Leadership

2 Agenda Grundfos in Brief Leadership Vision Setting direction Being followed Improving Leadership

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4 Grundfos in Brief Yearly production of more than 16 mio. pumps Founded in 1945 by Poul Due Jensen Turnover: 3 bill. EUR (23 bill.dkk) employees globally Profit before tax: 8-10 %

5 Grundfos in Brief WESTERN EUROPE: 19 companies 4 factories 2 other Brands NORTH AMERICA: 8 companies 4 factories CENTRAL EUROPE: 27 companies 7 factories CHINA: 5 companies 2 factories EMERGING MARKETS: 12 companies 2 factories ASIA PACIFIC: 16 companies 3 factories

6 Great leadership in Grundfos makes it possible to successfully deliver on short term commitments while building the Grundfos of the future

7 Ownership Poul Due Jensen s family 11 % The Poul Due Jensen Foundation 87 % Employees 2 % The Poul Due Jensen Foundation

8 Values

9 Purpose Grundfos is a global leader in advanced pump solutions and a trendsetter in water technology. We contribute to global sustainability by pioneering technologies that improve quality of life for people and care for the planet.

10 Leaders in Pump Technology

11 Customer loyalty record high

12 Building Grundfos of the future?!

13 Time to choose our future

14 Innovation Intent

15 Innovation Intent The dream Imagine that in 2025 we are 75,000 people 50 percent of our growth derives from technology platforms not yet invented one third of turnover comes from other products than pumps we are still no. 1 in circulators and a specialist in sustainable solutions for houses we are specialists in selling directly to end users within selected industrial segments and utilities we gravitate around local centres of excellence tapping into knowledge bases wherever they are we are experts in translating user needs into new products and business concepts we are the first choice of workplace for the best brains

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17 Innovation Intent

18 Setting direction GRUNDFOS GROUP STRATEGY NOW WE EXECUTE!

19 The world is changing everything is interconnected uncertainty is the new normal complexity is increasing the marketplace is global the speed of change is increasing resources are getting scarce

20 Great ambitions require great leadership

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22 Leadership Remember: You are only a Leader if you are followed THE POUL DUE JENSEN ACADEMY We c r e a t e l e a r n i n g Leading is not necessarily about decision making Leaders do not create results, - organizations do Leading is needed right from the creation of a vision to the follow-up on implementation Therefor make sure you :... involve and delegate... create and communicate the big picture... recognize that everybody can contribute... never skip believing... are honest and create trust Carsten Bjerg,

23 You are only a leader if you are followed Grundfos Leadership Principles: You are present You inspire passion, curiosity and joy You empower people You build high-performing teams You invent tomorrow

24 You are present So you are honest and create trust listen and pay attention are visible and lead by example demonstrate the courage to constructively challenge and disagree with others actively cascade communication You inspire passion, curiosity and joy So you are passionate about what you do are curious, ask questions and seek new answers celebrate excellence and small as well as big successes have fun and do not take yourself too seriously

25 You empower people So you involve people and delegate decision power create accountability by setting clear targets challenge and develop each individual recognize and celebrate the everyday heroes encourage entrepreneurship reward taking risks and learning from failures You build high-performing teams So you create mutual commitment value diversity and create an inclusive working environment team up and collaborate across functional and geographical borders creating synergies are courageous and use the support you get

26 You invent tomorrow So you create understanding and clarity by painting the big picture and setting direction have a healthy dissatisfaction with status quo are agile and react quickly to change interact with your customers and the world around you

27 You are only a leader if you are followed Grundfos Leadership Principles: You are present You inspire passion, curiosity and joy You empower people You build high-performing teams You invent tomorrow

28 Distribution of managers in Grundfos - EMS data shows a positive trend compared to 2010

29 A leadership pipeline will include gateways for promotions and mandatory training

30 Performance Management

31 Setting direction everywhere! GRUNDFOS GROUP STRATEGY NOW WE EXECUTE!

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