Engineering
Engineering
Engineering
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2.1 Management report on the Group Profile and and strategy<br />
commented upon for the whole Group and for the continuing operations; where not otherwise stated we<br />
report on the Group as a whole. However, forward-looking statements relate exclusively to the continuing<br />
operations.<br />
The strategic management of the Group is the responsibility of corporate headquarters at ThyssenKrupp AG.<br />
ThyssenKrupp AG was founded in 1999 as a stock corporation under German law and has dual domiciles in<br />
Duisburg and Essen. The headquarters are located in Essen in the ThyssenKrupp Quarter. The Executive<br />
Board of ThyssenKrupp AG sets the strategy for the Group’s development, directs the business areas and is<br />
responsible for central corporate functions. In addition to their own directorates, members of the Executive<br />
Board are responsible for specific world regions. Their duties also include executive development and talent<br />
management.<br />
The Group’s Strategic Way Forward<br />
Following the successful turnaround in fiscal year 2009/2010, we defined a new strategy for the Group in<br />
the reporting year. Market and customer focus, coupled with innovation and engineering expertise, form the<br />
framework for sustainable success.<br />
Global trends are our growth base<br />
Business opportunities for ThyssenKrupp<br />
Driver Demand (“more”)<br />
Business opportunities<br />
Demand (“better”)<br />
Constraints<br />
Demographic<br />
change<br />
Urbanization<br />
Globalization<br />
More consumer and<br />
capital goods<br />
More infrastructure<br />
and buildings<br />
More resource and<br />
energy consumption<br />
Resources<br />
Leading<br />
engineering<br />
expertise<br />
in<br />
Material<br />
Mechanical<br />
Plant<br />
Infrastructure<br />
Reduction in<br />
CO 2 emissions,<br />
renewable energies<br />
Efficient infrastructure<br />
and methods/<br />
processes<br />
Efficient resource<br />
and energy utilization,<br />
alternative energies<br />
The economic strength of the emerging countries, above all Brazil, India and China, is growing rapidly.<br />
Global trends such as demographic change, increasing urbanization and globalization of trade flows provide<br />
major impetus for steadily rising demand. The world needs “more” – whether it’s consumer and capital<br />
goods, infrastructure, energy or raw materials.<br />
50<br />
Climate<br />
change<br />
Finite<br />
resources<br />
Political framework<br />
conditions