Sandvik May 2006 CEO Lars Pettersson, Munich page 1 New Solutions For A New Environment Lars...
-
Upload
jade-chambers -
Category
Documents
-
view
232 -
download
4
Transcript of Sandvik May 2006 CEO Lars Pettersson, Munich page 1 New Solutions For A New Environment Lars...
Sandvik May 2006 CEO Lars Pettersson, Munich page 1
New Solutions For A New Environment
Lars Pettersson
President and CEO
Sandvik May 2006 CEO Lars Pettersson, Munich page 2
eat
PAST
Sandvik May 2006 CEO Lars Pettersson, Munich page 3
PRESENT
Sandvik May 2006 CEO Lars Pettersson, Munich page 4
FUTURE
Sandvik May 2006 CEO Lars Pettersson, Munich page 5
Industrial production12-month rate of change
-10%
-5%
0%
5%
10%
15%
20%
CANM
EXUSA
JPN
KOR
AUTBEL
DNKFIN
FRADEU
GRC
HUNIR
LIT
ALUX
NLDNO
RPO
LPRT
SVKESP
SWE
TURG
BR
Jan 06 OECD-Total
Sandvik May 2006 CEO Lars Pettersson, Munich page 6
Youth unemployment rate
Sandvik May 2006 CEO Lars Pettersson, Munich page 7
Total factor productivity growth
-1,5%
-1,0%
-0,5%
0,0%
0,5%
1,0%
1,5%
2,0%
US UK Germany France EU-15 Italy
1995-2000 2000-2004
Sandvik May 2006 CEO Lars Pettersson, Munich page 8
0
2
4
6
8
NorthAmerica
Japan WesternEurope
EasternEurope
ASEAN China India
%
GDP Growth per Capitaaverage annual percentage changes 1970-2002
Sandvik May 2006 CEO Lars Pettersson, Munich page 9
Growth in Industrial productionProjected production growth 2005, %
Source: Economist Intelligence Unit
0%
2%
4%
6%
8%
10%
12%
14%
16%
China India EasternEurope
Brazil
Sandvik May 2006 CEO Lars Pettersson, Munich page 10
Importance to Sandvik
Sandvik sales 2005
Europe 35 44
NAFTA 34 20
Asia/Australia 24 23
Africa/South America 8 13
World GDP 2003 1997
53
24
15
8
Sandvik May 2006 CEO Lars Pettersson, Munich page 11
New solutions for a new environment
We are coming from:
local economies
trade barriers
limited communications
local labour markets
but facing:
global economies
free trade
unlimited communication
global markets
Sandvik May 2006 CEO Lars Pettersson, Munich page 12
New solutions for a new environment
What we have:
systems and relations which inhibits change
subsidies rather than incitament
collective rather than individual solutions
obstacles for immigrants
too low spending on research, development and education
Sandvik May 2006 CEO Lars Pettersson, Munich page 13
New solutions for a new environment
What we need to achieve:
promote change in a proactive way, act rather than react!
provide a reasonable safety net to encourage change and
development
clarify the responsibility of the individual to make sure he/she
is employable
encourage education, research and entrepreneurship
reduce unemployment of immigrants