Our Energy Sector is one of the world’s leading suppliers of a wide range of products, solutions and services in the field of energy technology.
We enable customers to generate, transmit and distribute electrical power at the highest levels of efficiency. We also help them produce, convert and transport the primary fuels oil and gas. We’re the only manufacturer worldwide with know-how, products, solutions and key components spanning the entire energy conversion chain.
Siemens Energy has about 86,000 employees worldwide. In fiscal 2012, the Sector generated total revenue of €27.5 billion and profit of €2.2 billion.
Responsible: Committed to ethical and responsible actions
At Siemens, we are determined to meet – and wherever possible, exceed – all legal and ethical requirements. Our responsibility is to conduct all business according to the highest professional and ethical standards and practices: there must be no tolerance for non-compliant behavior.
The principles related to 'Responsible' serve as the compass by which we navigate our way through our business decisions. We must also encourage business partners, suppliers and other stakeholders to adopt a similar standard of ethical behavior.
Excellent: Achieving high performance and excellent results
We at Siemens set ourselves ambitious targets – derived from our vision and verified by benchmarks – and give our all to achieve them. We stand beside our customers in the search for perfect quality, coming up with solutions that exceed expectations.
Excellence demands we define a path of continuous improvement, constantly challenging existing processes. It also requires us to embrace change so we are in the right place when new opportunities open up. Excellence also means attracting the best talent in the marketplace and giving them the skills and opportunities they need to become high-achievers. We are committed to living a high-performance culture.
Innovative: Being innovative to create sustainable value
Innovation is a cornerstone of Siemens’ success. We closely align R&D activities with business strategy, hold key patents and have a strong position in both established and emerging technologies. Our goal is to be a trendsetter in all of our businesses. We unlock the energy and creativity of our employees, embracing the new and different. We are also ingenious and we embrace this quality in all its varied meanings – original, inventive and resourceful.
We are entrepreneurs whose innovations are successful on a global scale. We measure the success of our innovations by our customer’s success. We constantly renew our portfolio to provide answers to societies’ most vital challenges, enabling us to create sustainable value.
Demographic change, urbanization, climate change and globalization - these megatrends are creating unprecedented challenges for humankind. The transformations occurring now will have a lasting impact on our world. It’s in light of these profound changes that we’ve defined our goals and the vision for all our business fields:
Siemens - The pioneer in:
- Energy efficiency
- Industrial productivity
- Affordable and personalized healthcare
- Intelligent infrastructure solutions
To be the pioneer of our time - that’s the vision that motivates us in everything we do. And our strategy shows us how to make it a reality. We’re aiming to capture and maintain leading market and technology positions in all our businesses in order to achieve sustainable profitable growth and, thus, continually increase our company value. We intend to reap particular benefit from the megatrends demographic change, urbanization, climate change and globalization. Our strategy is reflected in our three strategic directions:
Our declared aim is to unleash our full potential as an integrated technology company. That means, we’re continually exploiting the advantages of our global presence, financial clout, brand strength, power of innovation and, last but not least, the expertise, commitment and diversity of our employees.
Within our One Siemens framework, we’ve broken our strategic directions down into nine concrete focus areas that will shape our activities in the years to come.
Focus on innovation-driven growth markets
Our pioneering spirit is a key foundation of our business success. We’re breaking new ground while focusing on growth markets, thinking across borders and considering every challenge from a variety of perspectives.
Our activities are closely geared to innovation-driven markets with long-term growth potential. And we intend to play a leading role in these markets. To reach this goal, we’re continuously strengthening our offerings and further expanding our Environmental Portfolio.
Get closer to our customers
We want to be close to our markets and a strong, local partner to our customers everywhere in the world. Besides playing a leading role in the industrialized countries, we’re also successfully developing and producing more and more innovative products and solutions in the emerging countries - strengthening our position by systematically increasing the entrepreneurial responsibility of our regional organizations around the globe and expanding local value creation.
Another strategic aim we’re pursuing is the professionalization and expansion of our service portfolio. Our innovative service offerings are opening up a large number of new business opportunities and reinforcing customer retention. To better understand what really helps our customers, we’re constantly intensifying our already wide-ranging interaction with them.
Use the power of Siemens
To rank among the best, you have to excel - in everything you do. And that means you need an outstanding team. Siemens has extraordinarily dedicated employees. And we go to great lengths to continually foster their development while promoting equal opportunity and encouraging cooperation among men and women from different countries and cultural backgrounds.
Our clear and unambiguous commitment to integrity is what guides us in our ongoing pursuit of business success. Our actions are governed by binding principles to which we expect our customers, suppliers and employees to adhere.