Since August 2011, the Terex Group has held a majority share in Demag Cranes. To help familiarize the readers of this blog with Terex, we've outlined and described six core values that make up The Terex Way:
Our Values - The Terex Way
A Message From Ron DeFeo:
There are
six values that make up the Terex Way: Integrity, Respect, Improvement,
Servant Leadership, Courage and Citizenship. While each of these is
fairly easy to understand, I do believe that a brief explanation is
appropriate to put them into context:
- Integrity: We never sacrifice integrity for profit. We are transparent in all our business dealings. We are accountable to our team members, customers and shareholders for achieving our goals while protecting our reputation and assets.
- Respect: We provide a safe and healthy environment for our team members. We treat all people with dignity and respect. We value the differences in people’s thinking, backgrounds and cultures. We are committed to team member development.
- Improvement: We continuously search for new and better ways of doing things, eliminating waste and continually improving. We challenge the status quo and require stretch goals. We work in teams across boundaries to achieve common goals.
- Servant Leadership: We work to serve the needs of our customers, investors and team members. We nurture a culture of “chain of support” versus “chain of command.” We ask what we can do to help.
- Courage: We have the personal and professional courage to do the right thing and take risks that may cause us to win as well as to fail periodically. We make decisions and take action. We don’t admonish failure, only failure to learn.
- Citizenship: We’re good global, local and national citizens. We’re good stewards of the environment and the communities where we live. We participate in making the world we live in a better place.
For additional Terex information, www.terex.com.
For additional Demag Cranes & Components information, www.demag-us.com.
Demag Cranes & Components based in Cleveland, OH , a subsidiary of Demag Cranes AG , is a world class manufacturer of high quality industrial cranesand components, electric chain and wire rope hoists, and load handling attachments and accessories for material handling flow, logistics and industrial drive applications. The company offers a complete range of services and support programs including replacement parts, maintenance and refurbishment.
