Principles of Managment | MAN Ferrostaal AG

Sustained action and economic activities belong to the success factors of our corporate strategy. These are represented by three pillars of our management system within the MAN Group - "Industrial Governance". The first pillar "Strategy and Structure" includes the creation of the corporate strategy, the setup of in-house competence as well as joint methods and the transfer of know-how. "Leadership Supply", the second pillar, promotes the selection and development of the employees mainly with regard to executive officers. The third pillar, Controlling, ensures with state-of-the-art planning technology and control processes that goals are reached.

According to the leadership concept we compete with the best competitors and do not tolerate losses in partial areas. In our behaviour we take the key values of the brand MAN as a guide:

Reliability: Reliability means meeting expectations and keeping promises.

Innovation: Innovation means creating innovative solutions through a fresh, creative and competent way of thinking.

Dynamics: Dynamics means identifying potentials and flexible solution-oriented activities.

Openness: Openness represents a close co-operation within the group, the exchange of new ideas and information. This openness is an essential prerequisite for dynamic action.

The confidence in our performance and integrity strengthened by the code of conduct, which is worldwide binding within the MAN AG. It supports all employees in their daily work who face legal and ethic challenges; it gives direction and encourages correct behaviour.