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Advantage through Change<br />

GWP’s role is changing in line with the Group strategy of transitioning from<br />

a production based company to a customer solution company. To<br />

successfully execute this strategy requires a deep understanding of the<br />

market requirements and opportunities. GWP have implemented a wellestablished<br />

process of gathering and understanding the needs of their<br />

stakeholders, including:<br />

� PESTEL analysis<br />

� Stakeholder mapping<br />

� SWOT analysis and the<br />

� Confrontation matrix<br />

GWP uses a balanced set of results, with clearly defined “cause & effect<br />

relationships”, to review their progress, providing a view of long and shortterm<br />

priorities for the key stakeholders. This is a direct result of the insights<br />

delivered through the PESTEL and subsequent SWOT analysis, which form<br />

the basis of their annual planning process.<br />

The Assessor Team felt that the thoroughness of this analysis and the<br />

insights it gives GWP’s strategy development was truly exceptional.<br />

| 20<br />

� Oliver Wittstock<br />

� Willy-Pelz-Str. 1-5, 23812 Wahlstedt, Germany<br />

� +49 4554 986383<br />

� owittstock@grundfos.com

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