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December 14, 2012
08:41 EDTITWIllinois Tool Works outlines 2012-2017 key initiatives
The company's focus of its 2012-2017 Enterprise Strategy is to maximize the company's performance and returns in the context of an increasingly challenging external environment. CEO Scott Santi said, "Our plan focuses the company on generating maximum leverage and impact from ITW's unique and differentiated core capabilities - our 80/20 business model, sustainable differentiation, and our entrepreneurial culture - by deploying these capabilities in ways we believe will maximize their relevance and impact. We will be the same ITW - only more focused, more efficient, and more streamlined in order to continue to generate consistent profit growth and strong returns throughout this plan period and beyond."
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