GKN strategy.

Strategic objectives. GKN is committed to creating long-term shareholder value in the form of steadily growing earnings and dividends through the delivery of sustained growth in sales, profitability and cash generation.
Find out more about the progress
made in each of these areas in the
case studies in Strategy in action.

GKN monitors performance against strategy through key performance indicators (KPIs), both financial and non-financial. Progress against these KPIs is reported regularly to the Board and senior management. In addition, certain KPIs are linked to executive remuneration.

Financial KPIs most explicitly measure profitable growth. However, operational excellence and market leadership support the delivery of customer satisfaction, and consequently, ensure GKN is well positioned to provide growth for shareholders.

Non-financial KPIs indicate progress in creating a sustainable business model, in terms of employee engagement and health and safety performance, as well as GKN’s environmental impact.

See key performance indicators for more information.

GKN has an extensive risk management framework designed to identify, assess and mitigate significant business risks which, if not mitigated, could impact delivery of the strategic plan.

Risk management processes operate throughout the Group at plant, divisional and corporate levels and regular reports are made to the GKN Board and its Committees.

See risks and uncertainties for more information.

Underpinning the delivery of the GKN strategy are key Group-wide capabilities: superior technology; recruiting, retaining and developing outstanding employees; leveraging a global footprint; a culture of continuous improvement; and a commitment to corporate responsibility.

These are at the heart of the GKN business model, together with our Values which bind the Group together and guide relationships with all stakeholders.

See the sustainability report for more information.