Save - MTU Aero Engines
Save - MTU Aero Engines
Save - MTU Aero Engines
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Strategic Growth<br />
This and last year’s economic crisis and its<br />
effects on the aviation industry have been<br />
felt in our business as well. The crisis has<br />
made it all the more important to align our<br />
existing business areas in an optimal fashion<br />
and thereby enable organic growth in our<br />
core business. We have set the stage for<br />
such growth through our expansion into all<br />
geostrategically important regions, among<br />
other measures. By initiating the establishment<br />
of a new location in Poland in 2007, we<br />
extended our presence into Eastern Europe.<br />
The countries of Eastern Europe also present<br />
marked advantages in terms of production<br />
costs. Human resources management was<br />
required to facilitate the development – from<br />
the early plans to their implementation in<br />
everyday working life – of a full-scale production<br />
location with highly qualified personnel.<br />
This case demonstrates the key role that the<br />
human resources department will continue<br />
to play in <strong>MTU</strong>’s growth projects.<br />
Competitive Benefits<br />
Not only a company’s products are in competition<br />
but its employee benefits as well.<br />
Executives, employees, applicants and partners<br />
are keenly attuned to whether benefits<br />
offered by a company meet the standards of<br />
the times and sufficiently support the working<br />
environment. Each benefit for itself may<br />
be merely a small building block, but the<br />
sum of all employee benefits provides an<br />
overall impression of a company which forms<br />
its image both internally and externally. At<br />
the same time, <strong>MTU</strong>’s profitability is to a<br />
great extent dependent on its personnel<br />
costs. Direct salary costs are in this regard<br />
only a part of the total costs. Indirect costs<br />
are numerous and must therefore be managed<br />
in a competitive and timely fashion.<br />
This applies to costs for everything from<br />
personnel support to human resources<br />
development, health care benefits and work<br />
schedules.<br />
Basis for Strategy Implementation:<br />
Revision of the Mission Statement<br />
Our company’s vision and its mission statement<br />
were developed over a decade ago.<br />
The mission statement was subsequently<br />
refined in order to strengthen <strong>MTU</strong>’s identity<br />
and facilitate our employees’ orientation<br />
within their broader operational context.<br />
In light of the speed with which today’s markets<br />
can change, it is of central importance<br />
that a company like <strong>MTU</strong> be able to change<br />
as well. People can affect outward changes<br />
at a breathtaking pace. However, the structure<br />
of a personality is defined by convictions<br />
and behavioral patterns, and these are<br />
more resistant to change. In order for our<br />
company to remain flexible, as many employees<br />
as possible must believe in and feel<br />
enthusiastic about our overall corporate orientation.<br />
Habits, insecurities and doubts<br />
are a strong counterweight in this process<br />
and should not be underestimated. The mission<br />
statement process “Together into the<br />
Future,” which was introduced in 2008, is<br />
presently leading us through the process of<br />
strategic change at <strong>MTU</strong>.<br />
Planning for the Demographic<br />
Change<br />
Beyond all the prognoses of the social sciences,<br />
our actions to deal with the demographic<br />
change are guided by the real<br />
course of demographic development, as<br />
demographics are driven by a broad range<br />
of variable factors, from political conditions<br />
to private inclinations. These factors form important<br />
focal points for our market analyses,<br />
which allow us to adjust our offers to reflect<br />
the market and the needs of our company at<br />
any time. In this manner, we implicate the<br />
demographic perspective in all important<br />
decisions.<br />
The individual employability of each member<br />
of our company will occupy our attention<br />
even more than it has in the past. An employee’s<br />
health and working fitness form an<br />
important base for the expansion of his or<br />
her specialized and methodical knowledge<br />
and the reinforcement of his or her personal<br />
and social skills.<br />
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