ABB

Swedish-Swiss multinational firm ABB was established in 1988. ABB is a pioneer in automation and electrification technology, making a future that is more materialistic and fuel-efficient possible. The company's solutions integrate software and engineering expertise to improve how things are made, moved, powered, and operated. The 105,000 workers of ABB are dedicated to advancing ideas that quicken industrial transformation.

The ABB technique serves as the company's operational model. The ABB approach acts as the "glue" that ties the Group together and employees together by giving divisions complete ownership and accountability over their strategies, performance, and resources. The ABB strategy is divided into two parts: "how" the business will run and generate exceptional value in the future and "why" it exists.

ABB aspires to produce exceptional value for all of its stakeholders by building on its leading positions in electrification, motion, process automation, and robotics & discrete automation. ABB Way Forward is the leverage it needs to carry out its plan in line with the company's primary goal. Employees advance business performance by pushing the bounds of technology and incorporating sustainability into everything a company does. ABB Way Forward provides the structure to run as a focused, successful, and value-creating firm in conjunction with shared values, a strong brand, and a governance framework. Market leadership, technology and digital, people, portfolio management, sustainability, and financial performance are the group's top goals when putting the ABB method into practice.

Founded: 1988

Headquarters: Zurich, Switzerland

Website: https://global.abb/