Electrolux is a global leader in household appliances and appliances for professional use, selling more than 60 million products to customers in more than 150 markets every year. The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals.
The Electrolux vision is to be the best appliance company in the world as measured by customers, employees and shareholders.
Customers’ perception of Electrolux is based on the products the Group sells and the service it provides. The pace of innovation and the number of product launches have increased in recent years while the demands placed on products have become more rigorous. A new product is only launched if at least 70% of the consumers in a test group have expressed a preference for it above similar alternatives in the market.
One of the key tools for Electrolux for measuring employee satisfaction is the Employee Engagement Survey (EES), which gauges such factors as motivation and engagement among employees.
Through the combination of continuous growth, high profitability and a small but efficient capital base, Electrolux shareholders will receive a total return well above the cost of capital.
The objective is also to develop smarter, more accessible, resource-efficient solutions that meet people’s needs and improve their everyday lives, and which contribute to sustainable development for our planet. Respect for our global environment and basic human rights is a prerequisite for realizing the vision.
Electrolux is present in 60 countries and sells in more than 150 markets with 55,000 employees around the world. We believe in exposing individuals to challenging roles, offering them global mobility and empowering them to make tough decisions. Our innovative corporate culture created through people with diverse backgrounds provides a framework for developing ground-breaking products. Respect and Diversity; Ethics and Integrity; and Safety and Environment govern all that we do.
To grow profitably and launch new innovative products, Electrolux depends on people who can learn from each other and work together in the drive towards one goal.
Every manager at Electrolux has the responsibility to be both a people leader and a business leader.
By this we mean a leader who is customer and market focused, but at the same time developing the team through clear objectives, delegation, feedback and recognition. A leader should be growth-oriented and have good business judgment, but at the same time s/he must foster cooperation, mutual respect and diversity. A leader also needs to be focused on communicating effectively to all his or her employees.
As a company, we commit to doing our part to support managers in their leadership journey.
From trainings on how to coach employees, to workshops on how to execute on the Group strategy, to access to literature on the latest leadership topics, we offer our leaders different types of interactions that will grow them personally as well as professionally.
We believe that exposing individuals to challenging roles while at the same time empowering them to make tough decisions is key to individual and organizational development.
Global mobility is one specific way Electrolux offers learning opportunities that other companies cannot. With operations reaching across the continents, Electrolux is uniquely positioned to move people between countries, business sectors and functions. In this way, mobility is a crucial tool for personal learning and maximizing expertise within the Group.