The Atlas Copco Book

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The Atlas Copco Book
Jeanette Livijn
Senior Vice President Atlas Copco Group
Organisational development and management resourcing
Committed to sustainable productivity
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Established
1873 in Stockholm, Sweden
Four focused business areas
• Compressor Technique
• Industrial Technique
• Mining and Rock Excavation Technique
• Construction Technique
Global presence
Customers in 186 countries
Employees
40 000
Annual revenues 2012
BSEK 90.5 (BEUR 10.5)
Annual operating margin
20%
Diversity
51 nationalities among top 350 leaders
Atlas Copco Group Presentation 2013, v1
An industry benchmark
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Atlas Copco Group Presentation 2013, v1
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CEO with a vision
First in Mind—First in Choice ®
How can we
- grow faster on a global basis?
- operate close to our customers?
- delegate consolidated P/L?
- develop multiple businesses?
- stay innovative?
- have a high performing culture?
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Atlas Copco Group Presentation 2013, v1
CEO with a vision
First in Mind—First in Choice ®
-
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Vision and values
Divisionalization
The way we do things
Internal job market
The Atlas Copco Book
Atlas Copco Group Presentation 2013, v1
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Long term and vision driven
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1 (5)
Strategic alignment & ownership
 Mission – sustainable profitable
growth
 Transparence in strategies and
expectations
 Ownership and clarity in roles and
responsibilities
 Freedom with accountability
 Strive for innovation and
continuous improvements
– There is always a better way
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2 (5)
Vital organization, reflecting outlined strategy 3(5)
Internal growth of leaders
 Mission is between 3-5 years
 All positions in all countries are
advertised internally
 Managers grow employees for the
Group
 Equal opportunities
 Goal is 85% internally recruited
managers
 Broad based talent philosophy and no
succession planning
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Decentralized structure for innovation
 Divisional presidents (22) have
our highest operational
responsibility
4(5)
The Atlas Copco Organization
Board of Directors
President and CEO
 Clear accountability for
consolidated P/L and working
capital in all 400 business units
Executive Group Management and Corporate Functions
Compressor
Technique
Industrial
Technique
Atlas Copco Tools
and Assembly Systems
Motor Vehicle Industry
Mining and Rock
Excavation
Technique
Underground Rock
Excavation
 Advanced business control
system to follow up trends and
results on a monthly basis
Oil-free Air
Compressor Technique
Service
Chicago Pneumatic
Tools
Geotechnical Drilling
and Exploration
 Gives speed and agility
Airtec
Tooltec
Rocktec
Industrial Air
Specialty Rental
Gas and Process
Drilling Solutions
Secoroc
Service Division
Customer Centers and Service Providers
 Stay close to customers
 Support innovation and
entrepreneurial spirit
Atlas Copco Tools
and Assembly Systems
General Industry
Surface Drilling
Equipment
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Construction
Technique
Construction Tools
Road Construction
Equipment
Portable Air
Service Division
Strong company culture
5(5)
• Bring in the right
people and let
them understand
culture, values &
strategy.
• Leadership –
internal mobility walk the talk.
• Transparent and
free flow of
feedback.
The Story about the Atlas Copco book
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Committed to
sustainable productivity.
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