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inventories more efficiently than we ever here in North America.
have in the past. The resulting increase I’m pleased to introduce them to you
in inventory turn rates have dramatically now.
reduced our market price risk while, at
the same time, improving our return on First and foremost, we value the health,
invested capital. But we can’t be satisfied safety and wellbeing of our employees. I
with our past success and must continue hope this is already clear to each of you.
to challenge ourselves to take it to the Without safety, we have nothing. It is
next level. Good to Great. We will do our first priority. But this is not exclusive
this by improving our internal processes to safe business practices. We also value
even further, partnering with our mill the careers, development, and overall
suppliers to increase delivery reliability, wellness of everyone at KMC. A healthy,
and by leveraging technology in order strong TEAM is critical to having a GREAT
to better optimize inventory planning team.
by significantly improving demand
forecasting methodology Second, we value trust, respect and
integrity. None of us can succeed as
With our strategy now developed and individuals unless we succeed as a team.
the objectives clearly defined, we all Integral to teamwork is the ability to
know the “Why”. Now, it is up to you, truly trust one another. This is my com-
each and every member of TEAM mitment to you: you can count on my
Kloeckner, to determine the “How”. To promise to execute what I say I will. And
this end, our regional and local leaders I trust that you’ll do the same. Just like I
will soon be embarking on workshops promise to do my job, I ask that you do
to set the strategic outlook for each yours. It’s that simple.
individual branch into 2020. Think about
it: the way that Honolulu supports our Third, we don’t just want to do our job at
strategy is bound to be vastly different the basic level. We embrace the pur-
than the way that Tulsa does. Now, our suit of perfection. The leadership team
teams get a chance to chart their own debated this for quite a while, so let me
courses and determine their own contri- be clear. Perfection is a tall order, but we
butions. It’s exciting stuff. Very empow- aim for it nonetheless. If we all try to be
ering for each of us. excellent, we’re bound to be great.
Finally, in acknowledging that mistakes
Another key element of our success is are sure to happen, we value humility.
our culture. You are likely aware of the We all have to be open to feedback,
overarching Klöckner & Co values of both positive and constructive. If you
customer orientation, integrity, trust see something that can be improved,
and respect. Klöckner also highlights speak up! Your colleagues and leaders
six guiding principles to describe how should be humble and welcoming of
we live these values. Everyone is asked your ideas. And conversely, if someone
to take responsibility, to create added suggests a way that you can improve
value, and to be a team player. Man- your daily work, remember this value. We value
agers are further expected to develop While we all strive for perfection, none
themselves and their employees, to of us are individually perfect. Humility is the health,
discover new things, and to make things crucial for growth.
possible. These values and principles are safety and
all things we can get behind. With these values, we are confident that
our KMC culture of learning, winning, wellbeing of
But like our strategic vision, KMC has empowerment, agility, TEAMwork, and our employees.
been empowered to go a step further. engagement (?) can continue to thrive.
This past spring and summer, nearly 50 Thanks for all you do, and thanks for I hope this is
of our senior leaders went through a reading “[TITLE].” With your help, we can
powerful program targeted at building all finish 2019 STRONG! already clear to
the strongest KMC possible. We worked Stay passionate, stay relentless, and let’s each of you.”
hard to identify our own local leadership unleash the dog!
values, and the values of our company -JG

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