The way forward: focused on growth
Our transformational journey of the last few years has seen us moving steadily forward along three strategic lines: 1) internal transformation, 2) growth investments such as our Oxo plant in Stenungsund, and now 3) increased focus on strengthened leadership within our Leading Change initiative. Using these three as enablers for step-change in EBITDA and cash flow, Perstorp has a clear focus on markets, customers and performance excellence for 2017.
Underlying end-market growth
- Take advantage of above-GDP growth in selected niches, driven by and capitalizing on macro-trends and our strong market positions
Innovation and niche product development
- Drive technology evolution to create new product derivatives
- Pursue niche-focused product innovation, meeting real end-market needs
Integrated platform advantage
- Maximize value along the product chains
- Remove bottlenecks to expand
- Draw full potential from new Valeraldehyde platform
Cash generation and deleveraging
- Reduce debt leverage with sensible cash management
- Be selective with new strategic investments
Focus Areas for Leadership for Full Potential
In 2016, we increased focus on how leadership dynamics can bring our transformation to the next level. In kicking off 2017, we’ve introduced a new methodology for setting divisional strategies throughout the company. The Executive Leadership Team and our main functional teams have each developed goals for the coming year, centered on fully empowering all people at Perstorp for extraordinary results. As we continue to develop this new focus internally, we’re confident we will reach our overall business objectives and bring significantly higher value to all our customers.
Executive Leadership Team
100% passion for first time right
Go from a reactive to a proactive state – working as one team instead of in silos. That’s our way forward to better serve our customers and boost satisfaction both for them and ourselves.
Full ownership of a safety-driven culture
Increase focus on competence, motivation and culture. Safety is about clear rules. Yet equally important is motivational leadership to help employees understand and follow the rules. We must be sure to follow up with consequences if rules are intentionally disregarded and celebration for good progress.
Regions and Group Management
One culture for all Perstorpers
Clarify Perstorp’s common culture with emphasis on Care, Joy and Excellence – owned and lived by everyone in the company.
One team driving the common agenda delivering right
Work as one: one team, one agenda, one goal. We have transparency between each other, and courage to make decisions and move forward.
Finance, Legal and IT
True excellence in enabling business success
Understand business needs, prioritizing fewer “nice to have” initiatives and more of what really matters. Key words are trust and empowerment. We simplify processes and make it ok to dare and try new things.
Specialties & Solutions
Full ownership of our own future
Listen to others around us, but dare to take a stand for where and how we make a difference. Believe in ourselves and what we do, creating involvement within the team and the courage to step out of our comfort zone to take ownership for extraordinary results.
Advanced Chemicals & Derivatives
All in Perstorp are fully aligned on an outside-in AC&D strategy that is executed efficiently
Make the AC&D strategy understood and alive for everyone within Perstorp so decisions are made accordingly. Because understanding creates motivation for execution.