The Philosophy and Beliefs of Anand

Vision

	Develop corporate competence to act globally
	Aspire and dare to be innovative
	Attain leadership in technology
	Achieve excellence through entrepreneurship
	Bridge the gap between precept and practice

Growth

	Leverage core competencies with those of our partners
	Be a major player
	Invest 2% of sales in R&D
	Devote 2% of sales to training and education

People

	Business is 90% people
	Develop skills and promote people from within
	Infuse skill and experience when necessary for excellence and growth
	Move people across functional and organizational lines Involve people in setting goals and evaluating performance

Customers

	Be market driven and competitively focused
	Provide better value for money to customers
	Grow with customers
	Improve relations with overseas customers

Vendors

	Support continuous improvement of vendors
	Develop mutually beneficial relationship with them

Corporate Organisation

	Decentralize Management to augment efficiency
	Foster team spirit
	Encourage individual accountability and shared authority
	Optimize performance through Supervisory
	Board, Policy Committee and Group
	Operating Committee
	Draw upon the experience of senior advisors to inspire, motivate, guide, and monitor the Management without diluting its authority and accountability

Corporate Planning

	Institute strategic planning
	Be committed to plans at all levels
	Attain leadership in technology

Corporate Quality

	Develop excellence in people, distribution, manufacturing and environment
	Benchmark against the world’s best

Corporate Communication

	Have transparency in all dealings
	Communicate relevant information regularly to all stakeholders

Corporate Citizenship

	Observe ethical and legal business practices
	Shoulder social responsibilities
	Promote community welfare

Corporate Continuity

Reinforce continuity and credibility of Management through Anand Foundation

Business Philosophy

World Class Manufacturing

	Quality, Zero Defects
	Best Technology
	Lowest Cost, No Scrap, JIT
	Excellent Housekeeping
	Asset Maintenance

People Orientation

	Participation
	Pride in Belonging
	Appraisal, Development, Growth Opportunity
	Open & Honest Communication
	Commitment to & from People

Growth Ahead Of Market

	In the Top Two
	No less than 25% of Market Share
	16% exports
	Customer Orientation

Return On Investment

	At least 10% Return on Sales
	Minimum Inventory & No Wastage
	Corporate Planning & Strategy
	Quarterly Reviews

Continuous Improvement

	Diversification, Acquisition
	Encourage Creativity
	Decentralized Management
	Managing Change

Anand Way