Corporate culture
BUSINESS SKILLS AND FREEDOM WITH RESPONSIBILITY
Addtech has a well-established corporate culture and shared core values that serve as a good source of guidance for employees in their work. The corporate culture is rooted in business skills with high levels of technical expertise, combined with individual freedom and a willingness to take personal responsibility.
The corporate culture and business operation are permeated by Addtech’s corporate philosophy, which is known in-house as THE SOUL. This philosophy describes how employees should approach theirtasks, customers, business partners, colleagues and the surrounding world. The attitude and approach of Addtech’s employees are decisive factors when customers and suppliers choose to do business with Addtech. With a joint corporate philosophy the Group’s employees gain a tested, successful working method and business skills, regardless of where they are in the Group.
Freedom with own responsibility has always been a central concept within the Group and is a key prerequisite to enable employees to work close to customers and suppliers. Employees’ business skills also encompass the ability to see to their company’s long-term profitability and growth based on doing business that benefits all parties.
Over time, Addtech’s corporate culture has become a deeply anchored root system that links employees and subsidiaries. It also paves the way for Addtech’s future, and all employees are trained in the corporate philosophy via the Addtech Business School. A total of five core values are to permeate the employees’ work. Freedom and responsibility have already been mentioned; the other three are simplicity, efficiency and change.
SCOPE FOR INDIVIDUAL DEVELOPMENT
Addtech depends on skilled, highly proactive employees, and its operations are designed to give these people scope to flourish.
The decentralised organisation safeguards employees’ interest in developing their capacity to assume increased responsibility in their own subsidiary or other parts of the Group. Further career opportunities in a listed company improve the possibilities of recruiting skilled employees. Career advancement opportunities may also be important to motivated entrepreneurs who are considering selling their business operation, but want to continue leading their companies within the framework of a larger company.
Addtech’s core values help to develop its employees and build the future-focused approach that runs through the companies.INVESTING IN SKILLS DEVELOPMENT
Addtech aims to have highly qualified engineers as sales representatives. Technical competence and in-depth understanding of customers’ technical challenges are the key to Addtech’s success in personal sales work.
The Group takes a long-term approach on several levels to increase internal knowledge transfer, further the growth of employees and refine the corporate culture. The Addtech Business School and various internal Group cooperation projects are important tools in this context. Each year, the Business School trains about a hundred employees in the Group’s corporate culture and in business acumen, presentation skills and negotiation techniques. Furthermore, various themed training courses are organised in fields such as marketing, and accounting and finance. This results in the personal and professional development of employees. It enhances opportunities for achievement and development at both company and Group level. All new employees, including those who join Addtech via acquisitions, attend the Vision & Corporate Philosophy foundation course during their first year of employment in the Group.