Schneider Electric unveils new Company program
Schneider Electric unveils new Company program, promises business transformation and increased efficiency.
Schneider Electric, the global specialist in energy management is repositioning its operational priorities with the adoption of a new company program called “Connect”.
The Country President, Mr Marcel Hochet, who made the disclosure in Lagos on Monday said ‘“Connect, our new company program, is another major step in the consistent deployment of our strategy. With Connect, we will extend the strong foundation of ‘One’, our previous company program, to all our strategic levers: products and solutions, mature and new economies, our people, while continuing to drive efficiency at all levels”.
With One, Schneider Electric was re-organized into 5 customer-focused businesses and strengthened its integrated portfolio to establish itself as the global reference in energy management. The Group became a leading provider of high value-added solutions and developed great positions in new economies which respectively represented 37% and 39% of Group sales in 2011, a significant jump from 2008. The Group emerged from One leaner, simpler and more agile. Under One, it simplified its supply chain, reduced the number of its brands and drove operational efficiency.
Connect, the new 3-year plan covering 2012 – 2014 announced today includes four major initiatives, to reach a new high in performance. They are “Connect to customer” which will further improve the performance of its business models and be a leader in products and in solutions, Connect Everywhere which will identify key investment areas in new economies, Connect People to create a culture and environment for development and performance, engaged individuals and engaged leaders and lastly Connect for Efficiency by optimizing industrial productivity, supply chain and best-in class planning processes.
With Connect, Schneider Electric expects to raise group performance to a new level of excellence by 2014. The management is confident that Schneider Electric will continue its transformation with Connect and emerge from it leaner, more efficient, and well positioned to respond to customer challenges in a fast-changing world.
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