Cargotec’s strategy aims to secure profitable growth by focusing on services, digitalisation and people leadership
Cargotec’s must-win battles — Build world-class services offering, Lead digitalisation, Build world-class leadership — form the core of the company’s strategy. With the must-win battles, we aim to become the global leader in intelligent cargo handling. The must-win battles drive our ambition to create safer and more sustainable products, services and solutions. Our business areas Kalmar, Hiab and MacGregor share these must-win battles, each also having their own specific focus areas.
Build world-class service offering
Cargotec’s business areas have significant growth potential in services. The overall goal is to achieve best-in-class industry standards both operationally and financially with high safety standards and systematic consideration of environmental impacts.
Digitalisation enables new business concepts and models, adds value to Cargotec’s products, enhances its service businesses and drives internal and external process development. It also enables accurate monitoring and optimal solution performance, which helps minimise environmental impacts.
Build world-class leadership
Leadership excellence drives Cargotec’s performance and allows it to attract and retain the best available talent. It also enables and accelerates strategy implementation and success in target achievement. Leadership excellence supports compliance and commitment to sustainability.
Kalmar’s strategy focuses on profitable growth with the target of becoming the number one automation and container handling solution provider in its industry. To make this happen, Kalmar aims to win in automation and grow in software. Additionally, it wants to sustain its global leadership in mobile equipment and excel in spare parts.
Kalmar’s key enablers to achieve these goals are digitalisation, operational excellence and people: a winning attitude and a culture of trust among Kalmar employees will enable the realisation of the strategy.
Read more about Kalmar's strategy here.
Hiab is determined to grow its market position. The growth strategy focuses on being closer to customers and dealers; gaining customers’ insight and a deeper understanding of their operations will help develop products and solutions that customers really need to run their businesses efficiently and safely.
Another key area is to develop leadership and personnel to support strategy implementation through development initiatives. Optimising the way of working to improve quality and efficiency means working more effectively and faster by collaborating and using new tools and focusing on actions improving quality. Hiab also aims to shape the future by innovating new business models and extending its offering to new digital solutions and intelligent services.
Read more about Hiab's strategy here.
MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong brand portfolio. During the strategy period it will drive a transition from a leading equipment provider to a true value-creating services and solutions expert to achieve an even stronger leading position in the offshore and marine industries. Digitalisation and portfolio innovation and shiptype solution development will help to differentiate and further strengthen MacGregor’s leading position in the industry.
MacGregor develops its operations to guarantee profitability through the cycle. This will be achieved by placing further emphasis on effectiveness and competitiveness. MacGregor will focus on its operations in Asia to win in its biggest market. Excellence in services will allow MacGregor’s customers to focus on their core business, being assured that their investments will yield a return over the equipment lifetime.
Read more about MacGregor's strategy here.