Who We Are At Regal Beloit, we are passionate about and are committed to achieving ever greater results for our customers, our shareholders and our employees. Our focus on Innovation means our new products add value for our customers and our new energy efficient products will reduce energy costs and carbon emissions. Lean Six Sigma is driving our Company to continuous improvements. Through Digitization , we are making it easier and faster for our customers and our employees to find the information they need. Globalization allows Regal Beloit to serve a broader base of customers, and at the same time, deliver more value. Customer Centricity is our way of keeping a laser focus on the needs of our customers by providing more solutions while using less time and energy . Henry Knueppel (left) Chairman & CEO Mark Gliebe (right) President & COO
What is the RBC Operating System? The RBC Operating System (RBOS) can also be called “The Rhythm of the Company” . It is an annual step-by-step process which must occur for RBC to continue it’s growth. Elements of the operating system are: Leadership Meeting Business Talent Review Long Range Planning Citizenship Compliance Review Customer & Employee Feedback Policy Deployment Operating Plan RBC Values RBC Initiatives
Leadership Meeting Annual Meeting (normally early January) of RBC leadership to reflect, analyze and consider the year in review, but also to share best practices, celebrate successes, recognize performance and examine the year(s) ahead.
Business Talent Review The Business Talent Review (BTR) is an RBC employee performance evaluation system. It includes the Employee Performance Summary (EPS), completed by employees (December - January), & approved by their direct manager and one-over-one manager. Senior leadership then spends two weeks receiving the results in an in-depth manner.
Long Range Planning RBC brand and functional leadership teams provide a three year look called Long Range Planning (LRP) at new products, procedures, processes and capital investments. This takes place over a two week span (June normally) with senior leadership.
Citizenship Compliance Review Environmental, Health & Safety are key components of Citizenship Compliance Review (CCR). This in depth look at each locations compliance and safety record occurs quarterly. Then annually the facility is graded and results are announced. Exemplary performance earns the SAFE Award, awarded at the leadership meeting.
Customer & Employee Feedback Annually (normally in August), approximately 12,000 customers are asked to do an electronic survey about their view of RBC. The Net Promoter Score (NPS) is derived from these results. The employee survey is conducted at RBC facilities worldwide (once every two years in August-September) to determine an Employee Satisfaction Score (ESS) . This helps locations develop improvement targets to foster a safe and productive workplace.
Policy Deployment Policy Deployment is a process to cascade the strategic objectives all the way through the organization to the point of impact (where the work gets done). It includes the development of plans, alignment of resources across all functions followed by execution and pulsing. Objectives Alignment Commitment Objectives Alignment Execute and Pulse Policy Deployment Policy Deployment
Operating Plan RBC’s focus on how to manage the business in the upcoming year. This includes budgeting, capital improvements and sales planning.
4E’s Set Stretch Goals Passion, Excitement Look at your goals Look at your behavior, Does your behavior match your goals? Create energy around your goals Be seen as energetic Personal Energy Energize Others Execution Edge with Style Positive CAN DO Approach Create an electric atmosphere of involvement Get your team to do more than they ever thought possible Set priorities and deliver High SAY-DO Ratio Commitment=Actual Willingness to make the difficult decisions with an honest and candid approach Confront tough issues without delay in a professional manner 5 th E? _____________
Globalization Globalization is about growth and serving customers where they do business. Regal Beloit is expanding its global operations and improving its infrastructure to provide the products and services where the customers need them on every continent. Regal Beloit companies worldwide thrive on cooperatively pooling talent, sharing resources and leveraging manufacturing capabilities to become globally competitive.
Innovation Regal Beloit differentiates itself and maintains its competitive advantage through innovation . The company innovates by turning ideas into timely, value-added products and services that benefit its customers. Regal Beloit’s strategy is to introduce a constant stream of innovative solutions, giving its customers around the globe reasons to return for more business. The company demonstrates a capacity to expand its “innovation engine” consisting of talented, motivated people, leading edge technology and processes, and a strong culture of innovation providing the fuel.
Customer Centricity Being “customer centric” means customers are at the core of everything the company does. Regal Beloit’s goal is to align its resources in order to exceed its customer expectations in the most efficient and effective manner possible. By listening to its customers, the company brings the customers’ ideas and needs to its products and services at all the customer touch points. From field sales to product manufacturing, from engineering to information technology, the company is working together to assure that its customers aren’t just satisfied, but they are delighted .
Regal Beloit is expanding its use of technology to simplify its processes and improve productivity. By sharing information electronically, the company is increasing its ease of doing business both internally between operations and externally with customers. Driven by leadership and employees alike, digitizing processes saves time by reducing or eliminating non-value added work. Digitization
Lean Six Sigma Lean Six Sigma combines Lean Manufacturing principles with Six Sigma process methodology into one highly effective system that the company has embraced and committed to throughout its operations. By practicing Lean Six Sigma at every job function, Regal Beloit is achieving improved productivity and efficiency which helps ensure the company’s competitiveness well into the future.
We Value Customers People Shareholders Integrity Improvement Citizenship
Customers We can be successful only when our customers are successful. We succeed by meeting their needs and exceeding their expectations. We are focused on increasing the value we provide to our customers in every aspect of our business relationships.
People Our people are our most valuable asset. We are committed to a safe workplace that values diversity and encourages our people’s total energy and involvement in operating our business. We will reward our people on merit and the embodiment of our values.
Shareholders Shareholders provide the capital that allows our existence. We are committed to profitably growing our business, while expanding operating margins and improving the utilization of capital to provide top tier total returns to our shareholders.
Integrity Integrity is the cornerstone of all business and personal relationships. As a company and as individuals, we do the right things and never compromise our values, always conducting ourselves according to the highest standards. Code of Business Conduct & Ethics
Improvement We are capable of great things. No matter how good our products, services, people, processes and performance, we are dedicated to making them better. We strive for excellence in everything we do by being open to new ideas and by approaching our daily work with a passion for innovation and a desire to learn and share that learning.
Citizenship We are called to give our time, our talent and our financial resources to society and the communities that make it possible for our enterprise to exist. As a responsible citizen , we are also committed to being a leader in protecting the environment. Through our stewardship, we create value for all stakeholders and preserve opportunities for generations to follow.
The Culture of Our Company <ul><li>We are a melting pot of companies working towards a common culture </li></ul><ul><li>RBC Culture can be identified by a set of behaviors including: </li></ul><ul><li>Culture is always “On” & is a competitive advantage, because it is nearly impossible for competitors to copy </li></ul><ul><li>Culture is there when you are not </li></ul>High Integrity Investment Meritocracy Respect RBOS 4 E’s 5 I’s 6 Values Mark Gliebe President & COO
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Canada Langley, BC Mississauga, Ontario Edmonton, Alberta Sales Office/Warehouse Winnipeg, Manitoba Sales Office/Warehouse Vancouver, BC Sales Office/Warehouse Montreal, Quebec Sales Office/Warehouse Hanover, Ontario Sales Office/Warehouse Moncton, New Brunswick Sales Office/Warehouse Canada
Black River Falls, WI Wausau, WI Beloit, WI Shopiere, WI Union Grove, WI Monomonee Falls, WI Grafton, WI Wisconsin
Jiaxing & Gexin – Up Close Jiaxing (Morrill) Shanghai (Gexin)
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South Africa & Israel Caesarea, Israel Capetown, South Africa Johannesburg, South Africa Durban, South Africa Middleburg, South Africa
ECM Applications Customer: Blue Star Country: India Application: VRF, Ducted AC, Packaged AC Technology: ECM 142R Customer: Astral Country: Australia Application: Pool pump Technology: imPower, Axial PM Customer: AFMC Country: Australia Application: Central AC Technology: ECM 2.3 Customer: SEGT Country: China Application: Fan Filter Units Technology: ECM 2.3 + Torin BI wheel