Annual Report 2012 - Knorr-Bremse AG.
Annual Report 2012 - Knorr-Bremse AG.
Annual Report 2012 - Knorr-Bremse AG.
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<strong>Report</strong><br />
39<br />
YOU CHOSE TO DEFINE NEW<br />
CORPORATE VALUES IN <strong>2012</strong>.<br />
WHY DID YOU THINK THE TIME<br />
WAS RIGHT<br />
Dr. Marc Pastowsky: The business<br />
world has been stepping up its<br />
focus on values for some time<br />
now, and of course we haven’t<br />
remained untouched by this trend.<br />
But I believe that in intensively<br />
re-examining our values at<br />
<strong>Knorr</strong>-<strong>Bremse</strong>, we were actually<br />
responding to an inner need. A<br />
lot has changed in recent years,<br />
both at <strong>Knorr</strong>-<strong>Bremse</strong> and in our<br />
business environment. We have<br />
grown rapidly as a company and<br />
are becoming increasingly global,<br />
embracing more and more people<br />
of different cultural backgrounds.<br />
In particular, young people who<br />
join our company as well as many<br />
employees at our different<br />
locations across the globe want to<br />
know what the company stands<br />
for. By redefining our values we<br />
were aiming to formulate our<br />
identity – our “corporate DNA”<br />
– and set it down in writing,<br />
making it accessible to our<br />
employees around the world.<br />
Julia Thiele-Schürhoff: Values<br />
traditionally play an important role<br />
in a family-owned business. Our<br />
responsibility towards future<br />
generations is also becoming<br />
more and more important for us<br />
as a company. Taken together,<br />
these considerations led us to<br />
focus on what actually defines<br />
<strong>Knorr</strong>-<strong>Bremse</strong> as a company. What<br />
factors contributed to our success<br />
and made us so strong in the<br />
past And how can we ensure that<br />
this success continues in the<br />
future In our corporate values, we<br />
have written down all of the<br />
convictions and expectations that<br />
form the core of our corporate<br />
culture. The values now serve as a<br />
kind of compass for all employees,<br />
setting uniform standards for the<br />
way we work, our business<br />
practices and our behavior<br />
towards one another. They are<br />
intended to build bridges between<br />
the different regions and<br />
locations within the Group – transcending<br />
cultural differences. And<br />
finally, they are designed to inspire<br />
us to keep moving forward and<br />
developing. Not just as a company,<br />
but also as individuals.<br />
ANY DISCUSSION OF VALUES<br />
AUTOMATICALLY INVOLVES AN<br />
EXAMINATION OF BASIC<br />
PRINCIPLES. WHEN YOU WERE<br />
FORMULATING THE NEW<br />
VALUES, WERE YOU ALSO OUT<br />
TO REDEFINE THE KNORR-<br />
BREMSE BRAND<br />
Julia Thiele-Schürhoff: To all intents<br />
and purposes, these values already<br />
existed within the organization –<br />
they just hadn’t been stated<br />
explicitly. Clearly defined and<br />
authentic corporate values<br />
certainly make a brand stronger,<br />
but in this case we weren’t aiming<br />
to redefine the brand itself. As a<br />
manufacturer of safety-critical<br />
technology, for instance, Responsibility<br />
is essential and has always<br />
been part of our daily thoughts<br />
and actions. And our other values<br />
– Entrepreneurship in the form of<br />
proactive, forward-looking<br />
practices, Technological Excellence,<br />
Reliability and individual Passion<br />
– are all part of our tradition.<br />
Dr. Marc Pastowsky: It was more<br />
that we didn’t quite see ourselves<br />
reflected in the values in their<br />
previous form. In the past, the<br />
corporate values were more<br />
like a code of conduct – good<br />
in principle, but not very<br />
company-specific. They could<br />
have applied to any corporation.<br />
Our newly formulated values, on<br />
the other hand, come from within<br />
and reflect the special qualities of<br />
<strong>Knorr</strong>-<strong>Bremse</strong>: the strengths that<br />
have made us great and that<br />
remain vital to our future success.<br />
YOU SAID THAT THE VALUES ARE<br />
SUPPOSED TO PROVIDE A KIND<br />
OF COMPASS FOR ALL KNORR-<br />
BREMSE EMPLOYEES. HOW<br />
DOES ONE ARRIVE AT THAT<br />
SORT OF FRAME OF REFERENCE<br />
IN A GLOBALLY ACTIVE GROUP<br />
THAT UNITES MANY DIFFERENT<br />
CULTURES<br />
Julia Thiele-Schürhoff: The most<br />
important thing for us was that