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Schneider Electric SA announces three-year strategic plan

July 2012 News

Schneider Electric South Africa has presented the Group’s strategic ambition and operational priorities under the Connect programme for the period 2012 to 2014.

With ‘One’, the Group’s 2009 to 2011 strategic programme, Schneider Electric was re-organised into five 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 strong positions in new economies, which respectively represented 37% and 39% of sales in 2011, a significant jump from 2008. The Group emerged from One leaner, simpler and more agile. It simplified its supply chain, reduced the number of its brands and drove operational efficiency.

“Our company programme One was a success and a big step forward in the transformation of the Group’s profile. It also laid a very solid foundation for our future: One brand, one company for our customers and employees, one organisation everywhere, and a far higher efficiency than in 2008,” says Carl Kleynhans, country president at Schneider Electric SA.

“Our new company programme, Connect, is another major step in the consistent deployment of our strategy. With Connect, we will extend the foundation of One to all our strategic levers: products and solutions, mature and new economies and our people, while continuing to drive efficiency at all levels.”

The new three-year plan, covering 2012 to 2014, includes four major initiatives: Connect to customers, Connect everywhere, Connect people and Connect for efficiency.

* Connect to customers: further improve the performance of the business models and be a leader in products and in solutions.

* Connect everywhere: identify key investment areas in new economies and create new opportunities in mature countries to be a leader in both mature and new economies.

* Connect people: create a culture and an environment for the Group’s employees’ development and performance.

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 and emerge from it leaner, more efficient well positioned to respond to customer challenges in a fast-changing world.

For more information contact Jacqui Gradwell, Schneider Electric SA, +27 (0)11 254 6400, [email protected], www.schneider-electric.co.za



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