IMD-3-1434 © 2005
Ward, John L.; Lief, Colleen
From the modest aspirations of 2 bros; Hilti AG came a long method to win the 2003 Bertelsmann Prize. Hilti was a world leader in expert building tools and devices with sales estimating $2.8 billion; operations in 120 nations and an international labor force of around 15; 120 who together shared in an acclaimed industrial culture. Culture at Hilti; was inseparable from technique.
When challenged at numerous points in their history; the business relied on the stamina and foundations of its industrial culture to see it through. As soon as again, now; with brand-new governance modifications afoot; Hilti would require to take advantage of this important resource.
Subjects: Family business; Adaptation; Strategy; Corporate culture; Innovation
Settings: Liechtenstein; Worldwide; Industrial fastening; Drilling; Cutting and sanding systems; Private; 1941-2005
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