Mohsin Annual Report-Final 1-91:Layout 1.qxd - Siemens Pakistan

Fit 4 2010 31The topic of market transparency was already introducedas a mandatory element. This involves the businessunits setting goals on what percentage of the overallmarket must be secured in terms of individual customersand specific projects in order to establish a solidbasis for improving market position.Through these and other projects, we are significantlyincreasing customer satisfaction, thereby safeguardingour growth over the long term and ensuring its continuedexpansion.Global competitivenessTo be competitive on a global level, existing structuresand processes must be further optimized along the entirevalue creation chain, from design through production toservice. This is the task and goal of the GlobalCompetitiveness corporate program.Within the framework of Fit 4 2010, the focus is on thefollowing core issues:ManufacturingSupply Chain ManagementServices3i ProgramSiemens Idea Management Program called 3i which is anacronym for Ideas, Impulses and Initiatives has beenrevamped. The Principles of the Idea management arebased on the fast and un-bureaucratic manner in whichemployees through all hierarchy levels are called to acton their own initiatives and develop and implement suggestionfor improvement within the company.Suggestion relating to improving profitability andgrowth, innovation and new markets, process optimization,cost reduction, quality improvement, environmentalprotection in and occupational, health and safety are ofparticular importance.Employees discuss such ideas with their managersand show them their economic benefit. The managersscrutinize them and all workable ideas are implemented.The managers are also empowered to assess and givemonetary reward for these ideas upto a predefined limitwhile encouraging and supporting employees for promotinginitiative work.