Our Strategic Strengths

Correctly positioned for growth

Haldex’s mission and strategic orientation position the Group for growth. Asia, Eastern Europe and South America are new markets characterized by major requirements and strong growth. The scope of current social development in countries such as China and India is historically unique. At the same time, climate issues and other challenges are placing greater demands on all of us to assume a global responsibility for reducing energy consumption and achieving a better and safer environment. In parallel with increased global commerce, which is driving up transport requirements, the Western World’s infrastructure is being expanded and upgraded. For Haldex, this trend is creating strong forces that drive business growth.

We develop and deliver products that improve safety, the environment and the dynamics of vehicles used in the transport and infrastructure sectors. In the world’s new and expansive markets, investments in these sectors are vital for growth and social welfare. In traditional industrialized countries, the transport and vehicle sectors must assume a greater responsibility for a better environment and increased safety. With strategic strengths in safety, environment and vehicle dynamics, the competencies represented by Haldex are extremely well positioned to meet demand from the global vehicle industry.

Global presence and world-leading customers

Haldex has a global presence and its customers include world-leading vehicle manufacturers, which is a strategic strength. The Group has production operations distributed among 23 production plants and nine development units in North America, South America, Europe and Asia.

We are favorably positioned and able to offer proprietary products that focus on the environment, safety and vehicle dynamics. All of these features and characteristics are strategically important to our customers and provide considerable growth potential. Haldex is positioned on the cutting edge of technology in all areas, but without being an inventor. We develop and commercialize innovations, often in partnership with our customers, to provide maximum customer value. Serving world-leading customers in all product areas subjects the company to considerable demands, while also signifying recognition of Haldex as a leading global manufacturer and market driver within its market segments.

Product development and world-leading products

Product development is a key driving force for organic growth and is a decisive success factor for Haldex. The Group specializes in transforming innovations into profitable, world-leading products in its niches. Investments in product development have increased steadily and led to a pioneering contribution to the vehicle industry’s technological advancement in four-wheel drive and disc brakes and in cleaning and increasing the efficiency of engines and hydraulics.

Product development is a key factor in Haldex’s strategy for being able to offer products in high-growth niches of the global vehicle market. An important prerequisite is the ability to develop technical solutions that satisfy customer requirements arising several years into the future, while having the product planning that facilitates efficient and profitable sale of new products. With its model for innovative product development, Haldex will be able to offer a series of new and attractive products to the market in the years ahead.

Competencies of managers and other employees

Continuously operating at the leading edge of technological development and having world-leading customers exposes the competencies of both individual employees and the organization as a whole to stringent requirements. Based on the skills and efforts of its employees, Haldex aims to develop a high-performance, world-class organization that continuously strives to improve operations in accordance with the internal management system, Haldex Way. Determining factors are how well this work is organized and ensuring that each employee is given opportunities to utilize his or her full potential.

Management and HR work is governed by the following aims:

• To continuously develop our ability. By constantly raising the competency level of the organization and creating conditions that enable us to remain innovative and by continuously learning and improving our operations, we generate a distinct competitive edge over our competitors.
  
• To continuously improve as managers. By increasing our ability to manage people and the organization, in both the short and the long term and in a generally more complex business, conditions are created for Haldex to become a high-performance company.
  
• To strengthen our corporate culture. By developing a strong corporate culture that encourages performance and responsibility, we create an attractive workplace for our employees and conditions for continuous improvements in our operations and earnings.

This can only be achieved through the contribution of each employee in the organization and when each individual:

• can act independently, make decisions and act on the basis of his or her ability and in accordance with the company’s norms and values.
  
• is positively committed to and participates in the development of his or her work and has the capabilities to interact with others for the benefit of both the employee and the company.

Productivity and Haldex Way

In order to capitalize on its excellent growth potential, Haldex must improve is cost-effectiveness and increase its productivity. This work is conducted within the framework of the overall management and process improvement system, Haldex Way.

Haldex Way focuses on customer satisfaction and the achievement of world-class production. Haldex Way is based on the lean production philosophy, and the objective is to create a continuous link in flows between customers, subcontractors, production and product development. Haldex Way is an overall management philosophy for the entire value chain, including products, information and future requirements.

The concept for Haldex Way is based on three fundamental values:

• Customer first
• Respect for the individual
  
• Elimination of all waste

Customer requirements are the controlling factor for these values. Our customers’ needs form the platform for what we produce – motivated employees are a basic prerequisite for the production of qualitative products – and we strengthen our competitiveness by eliminating all forms of waste. Management within Haldex must go hand-in-hand with the principles of Haldex Way and serve in a manner that provides support, leadership and development.