Innovation is fundamental to maintaining our competitive edge; it serves as a critical lever to create products and services that enable our customers to operate in a sustainable and resource-efficient manner. In a similar vein, productivity is strategic for ST Engineering. By ensuring our resources are used in a more efficient manner, we improve our value proposition to our customers.
ST Engineering’s Technology, Intellectual Property and Innovation Committee, chaired by our Group Chief Technology Officer, ensure a consistent stream of ideas and innovative products and solutions in the pipeline. Furthermore, each of our business sectors has a Productivity / Economic Value Added Steering Committee that identifies critical initiatives to focus on and determines the monitoring and reviewing processes.