BIC1 Grundfos Co creating our future

Co-creating our future Lisbet Thyge Frandsen GSVP People & Strategy

Now 2025 1945

Our future is at stake

The Grundfos Purpose

Grundfos is the global leader in advanced pump solutions and one of the trendsetters in water technology. Our

purpose is to contribute to global sustainability by pioneering technologies that improve quality of life for

people and care for the planet

Revitalising our values

Proud but understated …are we still pioneers?

A strong sense of family …are we really global?

Driven by integrity …can we move beyond pumps?

Striving for perfection …are we agile?

Values in action …will the next generation continue to live our values?

Value validation workshops

1000 word pages

270,000 words

184 employees

14 countries

92 hours of workshops

Roll-Out

1 2 3 4 5 6 PREPARE

LOCAL LEADERS

PRE-LAUNCH GLOBAL LAUNCH

ONGOING PREPARATION COPENHAGEN EVENT

PREPARATION TOP 80

PREPARATION EXECUTION

A cascade from the top

“I have a question for all you brainy guys. It is really very simple, but it gives rise to endless discussions again and again. So let me hear your opinion: As long as we comply with local law, why do we have to follow Grundfos’ environmental standards if it puts us at a competitive disadvantage?”

CASE EXAMPLE 11

”Trailer” film

http://grundfosvalues.com/

Co-creation built a Talent Engine

2005 2006 2007 2008 2009 2010 2011 2012

eBusiness analyst, project mgr

Intern

Identifying potential talents

2005 2006 2007 2008 2009 2010 2011 2012


Global talent Intern

Three pools for individual development

2005 2006 2007 2008 2009 2010 2011 2012


Strategic assignment


2005 2006 2007 2008 2009 2010 2011 2012


Strategic assignment

Asia Pacific Director


Grundfos Leadership Principles:

You are only a leader if you are followed

– You are present

– You inspire passion, curiosity and joy

– You empower people

– You build high-performing teams

– You invent tomorrow

Co-creating our future Lisbet Thyge Frandsen GSVP People & Strategy