© 2002 eaton corporation. all rights reserved. eaton corporation a global leader
TRANSCRIPT
© 2002 Eaton Corporation. All rights reserved.
Eaton Corporation
A Global Leader
We would like to introduce you to Eaton and our Career opportunities
Eaton Corporation
Our Company
Dimensions Programs
Our Launching Pad for Future Leaders
Direct Hire
Your Opportunity
A global diversified industrial manufacturer A leader in:
Fluid power systems Electrical power quality and control Automotive engine air management Intelligent drivetrain systems for fuel economy in trucks
What is Eaton?
Fluid Power Electrical Automotive Truck
General Information
Founded in 1911 by J.O. Eaton World Headquarters in Cleveland, Ohio USA Sells products in more than 100 countries Manufacturing presence in 26 countries 56,000 employees Chairman & CEO - Alexander M. Cutler 2004 Sales - $9.8 billion
Eaton has been repositioned as a diversified industrial
Business Segments Sales ~$9.8 Billion
Electrical$3.1B
Fluid Power$3.1B
Automotive$1.8B
Truck$1.8B
IndustrialCommercialLight CommercialResidential
Structured Wiring & Load
Centers
Integrated Facility Systems
SwitchGear
Motor Control & Switch Gear
Electrical delivers quality power to all electrical industry segments
On/Off Highway Stationary World-class distribution network #1 in Steering & Motors
Aerospace27%
Hydraulics54%
FluidConnectors
19%
Commercial Defense High-pressure hydraulics leader #1 in Fluid Conveyance
NA Auto EU Auto Expanding global presence #1 in Air-Conditioning worldwide
Fluid Power brings together three strong franchises
Automotive is selectively focused in critical technology niches
Fuel Economyand
Emissions
EngineAir
Management
PowertrainControls
PassengerSafety
Mirror ControlSystems
Tractionand
Stability
Eaton technology delivers solutionsand provides unique market positioning
Truck continues to broaden its market exposure
Four Platforms for Growth
Aftermarket & Solutions White Space plan
(Diagnostic Tools, etc)Clutch Growth
Geographic Expansion
China JV with SFGW
Technology / New Products
UltraShift, Hybrid Electric Vehicles
The Eaton Growth Model builds in our acquisition strategy
Strengthen current businesses through “bolt-on” acquisitions
Expand portfolio where we know: Markets, Technology, Customers, Channels
Right of membership in Eaton: 50% outgrowth
4% through the cycle markets
0%
2%
4%
6%
8%
10%
12%
Eaton Growth Model
AcquisitionMarket Out Performance
End Market Growth
Eaton’s Vision
One VisionTo be the most admired company in our markets.
Vision Measured by• Customers say: “We want to do more business with Eaton.”
• Shareholders say: “Eaton is one of my best investments.”
• Employees say: “I am proud to be part of the Eaton team.”
Eaton Business System
An Integrated Operating Model
• Focused on growth and operational excellence
• Driving standardization & best practices
• Deeply embedded in Eaton world-wide
• Strong correlation to operating results
We Care How We Gets Results
- Alexander M. Cutler Chairman & CEO
“We’re here to achieve great results, but each of us must demonstrate that we care intensely about how we get those results. They are worth little and are unlikely to endure if achieved unethically.”
We would like to introduce you to Eaton and our Career opportunities
Eaton Corporation
Our Company
Dimensions Programs
Our Launching Pad for Future Leaders
Direct Hire
Your Opportunity
Dimensions Development Programs
Dimensions …
“The freedom to be creative; the guidance to make a difference”
“Dimensions” programs position future Eaton leaders for success
Corporate-Wide …. Across all 4 Business Groups and WHQ
Participants are technically competent, well suited for leadership roles
Progressive assignments that develop functional skills and leadership competencies
DimensionsCorporate Development Programs
• Operations Management Development Program (MBA)• Corporate Development & Planning (MBA)• Financial Leadership Development Program• Leadership Development Program – Human Resources• Leadership Development Program – Engineering • Leadership Development Program – Supply Chain• Strategic Technical Enhancement Program (STEP) - IT• Leadership Development Program – Technical Sales
Financial Leadership Development Program - Program Manager: Casey Watson
• Education: Finance/Accounting/Business undergraduate
• Work Experience: 1 – 3 years
• 2005-06 Forecasted Hires: 15
• Current # Development Participants: 28
• Program Details: 3 one-year assignments across different business groups with one at corporate. Functional rotations include cost accounting, financial analyst and corporate/division analyst. Potential corporate assignments could include treasury, internal audit, financial accounting, reporting and analysis, group analyst.
• Short Term Permanent Positions: Financial Analyst, Accounting Manager, Cost Accountant
• Long Term Positions: Controller, Division Controller, Plant Manager, Treasury, Business Development, Corporate Functions
• Long Term Goal of Program: Building bench strength both at corporate and in operations in financial and accounting leadership
Financial Leadership Development Program - Program Manager: Casey Watson
Dimensions Success Factors University Relations
Strategic Partnering with Key Target Universities
Participants Technically competent and well suited for Leadership roles through a robust
selection process
Assignment Managers Good coaches, mentors, leaders and role models
Assignments Progressive and contribute to development of functional skills and Leadership
Competencies
Performance Appraisal and Feedback Timely and Development-Oriented
We would like to introduce you to Eaton and our Career opportunities
Eaton Corporation
Our Company
Dimensions Programs
Our Launching Pad for Future Leaders
Direct Hire
Your Opportunity
Direct Placement• Four business units interested in direct hire of all
disciplines
• Offers opportunity to commit to working in a particular location
• Relocation and promotions are readily available through this avenue
• Eatonjobs avenue offers variety of opportunities for advancement for direct hire candidates
Apply for Opportunities through www.eatonjobs.com