STRATEGY
Our strategy has been carefully formulated based on what is most important to us and what the Mittelstand model demonstrates as crucial to the success of the business. We have outlined 6 key areas to target that will create a robust foundation to build on in the years to come.
Portfolio Management
Scanning and seeking acquisition targets that can complement the existing group of companies adding to the scope and scale.
Investment
Capital investment to expand capabilities and services as well as improve quality and efficiency.
Continuous Improvement
Establish and drive in each company a culture and a program of continuous learning and improvement – improving processes, automation, and boosting the efficient use of resources and skills.
Group Synergy
Each company will add unique value within the supply chain to create greater efficiency and performance for the wider group. The businesses will be focused on electrification, aligned to support a net zero future.
Long-term Commitment
A five–to–ten–year planning horizon to develop Russel Industries and the acquired companies in culture, leadership, operations, brand, and market share.
Functions Development
Centralise the core business elements to keep messaging, leadership and culture consistent across all businesses, reducing duplicate workloads and propagating knowledge internally.