Download - Siemens Pakistan
Download - Siemens Pakistan Download - Siemens Pakistan
60 Fit4 2010 Operational Excellence - powered by top + Best-in-class performance in all businesses and functions through innovation leadership and global footprint is the goal of Operational Excellence. Siemens is building on a history of 160 years of constant innovation. To be furthermore among the technologically leading companies, we pursues a “trendsetter” innovation strategy for our businesses, which focuses on the following topics: The first element is to expand the businesses with leading trendsetter technology position. The second element is to increase the patent position of trendsetting technologies to ensure success and investments compared to the competitors. Finally, only an effective allocation of resources may lead to an increased market success and profitability in the long term. With global footprint, Siemens will further expand its global market presence and market penetration. Efficient cost structures to close the gap between Siemens and its most profitable competitors can be developed through a global and optimized value chain network for different functions like R&D, product development, sourcing or production. It is also important to meet the optimal balance between global economies of scales and products adjusted to the local demand. These goals are supported by top + , which is the way to work at Siemens with goals, actions and consequences and drive the businesses to success. The top + Toolbox supplies best-in-class and proven methods, which provide our businesses support to raise sales and reduce costs for example.
Fit4 2010 61 High Tech at Low Cost Top + addresses the businesses most important topics of the future with selective initiatives: the first focus initiative is SMART (Simple, Maintenance friendly, Affordable, Reliable, Timely to market), which will focus on the topic “High Tech at Low Cost” in the near future. The point is to develop competitive products for the global market and bring them also into the emerging markets. That also means: to be positioned in low-cost countries with the whole value chain and have a strong position. Even in the business of low-cost products, our goal is always to be Best-in-Class! For us, low-cost means always fulfilling the customer's expectations and guaranteeing a high level of quality, while also incurring a lower level of production costs. Our products must meet the demands of the various markets without exception. 3i Program 3i Program is Siemens Idea Management Program which is an acronym for Ideas, Impulses and Initiatives. It rewards employees for successful ideas and productivity initiatives which benefit the company. Employees through all hierarchy levels are encouraged to act on their own initiatives and develop and assist in implementing suggestions for improvement within the company. Suggestion relating to improving profitability and growth, innovation and new markets, process optimization, cost reduction, quality improvement, environmental protection in and occupational, health and safety are of particular importance. 3i Program offers employees an avenue to submit their improvement suggestions in return for a monetary reward if their submission is approved. The managers are also empowered to assess and give monetary reward for these ideas up to a predefined limit while encouraging and supporting employees to participate in this initiative.
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Fit4 2010<br />
61<br />
High Tech at Low Cost<br />
Top + addresses the businesses most important topics of the future with selective initiatives: the first<br />
focus initiative is SMART (Simple, Maintenance friendly, Affordable, Reliable, Timely to market), which<br />
will focus on the topic “High Tech at Low Cost” in the near future. The point is to develop competitive<br />
products for the global market and bring them also into the emerging markets. That also means: to be<br />
positioned in low-cost countries with the whole value chain and have a strong position. Even in the<br />
business of low-cost products, our goal is always to be Best-in-Class! For us, low-cost means always<br />
fulfilling the customer's expectations and guaranteeing a high level of quality, while also incurring a<br />
lower level of production costs. Our products must meet the demands of the various markets without<br />
exception.<br />
3i Program<br />
3i Program is <strong>Siemens</strong> Idea Management Program which is an acronym for Ideas, Impulses and<br />
Initiatives. It rewards employees for successful ideas and productivity initiatives which benefit the<br />
company. Employees through all hierarchy levels are encouraged to act on their own initiatives and<br />
develop and assist in implementing suggestions for improvement within the company.<br />
Suggestion relating to improving profitability and growth, innovation and new markets, process<br />
optimization, cost reduction, quality improvement, environmental protection in and occupational, health<br />
and safety are of particular importance.<br />
3i Program offers employees an avenue to submit their improvement suggestions in return for a<br />
monetary reward if their submission is approved. The managers are also empowered to assess and give<br />
monetary reward for these ideas up to a predefined limit while encouraging and supporting employees<br />
to participate in this initiative.
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