Vision and mission
Our vision is to become (and remain) First in Mind—First in Choice for our customers and other stakeholders.
Our mission is to achieve sustainable, profitable growth. This means that we should continuously deliver profitable growth with an increased positive impact on society and the environment. We provide everyone within our organization with support and inspiration to learn and grow. We also include the perspectives of different stakeholders, like customers and society, when we create value.
Our purpose
Why is our innovation and technology needed in the world? What is our impact on society, and where do we go from here? This is described in our common purpose statement, covering all companies and brands. Our purpose is to develop ideas and technologies that empower our customers to grow and drive society forward; this is how we transform the future.
When we were founded, our very first mission was to make products for the emerging railroad networks that revolutionized communication and trade and pushed the world into a new era. Since then, we have continued to develop solutions that meet real needs. We do it together with our customers, and we have reached many milestones together. Ergonomics, safety and energy efficiency are some areas where we strive to make a tangible difference for customers and society.
Our approach
To fulfill our purpose, we work to meet our mission of achieving sustainable, profitable growth. To meet our mission we need to be First in Mind—First in Choice, which is our vision.
In other words, we are mission-driven and this is mirrored at all levels of the company. All teams receive individual missions from their managers and then develop a common vision for how to achieve their mission.
Our core values
Collaborate
To collaborate means teaming up to support each other and working closely together with customers and other key stakeholders. We connect, share knowledge, embrace different perspectives, and find solutions together. This builds confidence and strength and takes our expertise to the next level.
Innovate
To innovate means always searching for a better way. We stay curious, bring ideas forward, challenge, learn, and execute with speed. This drives daily progress and powers leaps of transformation.
Commit
To commit means caring about the outcome, not just the task. We make decisions based on data, take responsibility for our actions, and deliver on our word. This builds trust and helps us prosper together with our stakeholders.
