Securitas AB Annual Report 2005

Our values
Our values – Integrity, Vigilance and Helpfulness – are the
foundation that Securitas rests upon. This is why we are
trusted with our customers’ keys. Our unwavering focus
is on security.
Risk management
Business risk evaluation is included in all our decision making.
This ensures that the risk we take at all times is balanced
against the long-term benefi t of a certain contract and
that it complies with our business ethics. By following this
systematic process, we ensure the quality of services to our
customers.
Six Fingers –
fi nancial control
Strategy and organization
Market matrix
The market matrix helps us remember that all customers are
different. There is no generic solution to suit everyone.
Securitas’ fi nancial control is counted on six fi ngers. A focus
on sales of new contracts, development of the contract
portfolio and total invoicing give us sales growth. Effective
production planning helps us to improve our gross margin.
And control of indirect and administrative expenses helps
us to improve operating income through sales growth.
Lastly, control of accounts receivable and other working
capital provides a boost to cash fl ow.
The value chain
The value chain provides the tools to provide the customer
with a satisfying solution. It helps us to determine how we sell
to various customer groups, how production is organized and
how we cooperate with the customer on a day-to-day basis in
order to ensure quality, precision and continuous adaptation
to changing needs.
Organization
Securitas has a fl at and specialized organization. This gives us
a broad, strong base with many strong units. We are close to
customers, and managers are authorized to make their own
decisions and develop their operations. Short decision-making
channels result in quick decisions. By adapting and refi ning
services based on various customer needs, growth and profi tability
can be achieved.
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