Decentralisation and explicit goals  

Decentralised organisation promotes entrepreneurship
ElektronikGruppen sees a fundamental value in promoting the drivers for entrepreneurship and the commitment and innovativeness that are generated in an environment where individuals are given the freedom to make their own decisions and grow with the task. The Group’s operating units therefore work with a high degree of autonomy and establish their own goals and strategies for market cultivation and development of the product and service offering.

Far-reaching decentralisation of responsibilities and powers contributes to short decision-making paths and gives each employee wide scope to influence his or her own work situation and results, which is an advantage in recruiting and retaining talented and professionally driven employees. This organisational structure also promotes flexibility and closeness to the customers, which is increasingly important in the market.

Group-wide resources and management
Through the applied management model, ElektronikGruppen strives to uphold the best possible balance between a small company’s flexibility, closeness and efficiency and a large company’s stability and potential for synergies. One of the Parent Company’s primary tasks is to support the operating units by offering groupwide resources in areas such as accounting, financing, insurance, HR, corporate communication and IT infrastructure. The Parent Company also represents the Group in contacts with the shareholders, the capital market, public agencies and authorities and other external stakeholders.

The Group’s supervision of the units takes place mainly through setting of explicit goals and monitoring of growth, profitability and market position. The profitability target is the same for all business units, and has been set as an annual return on operating capital of at least 45 per cent. Other targets are set individually and annually for each business unit.