ThyssenKrupp Group Bundle
What are the Mission, Vision, and Core Values of ThyssenKrupp Group?
Mission and vision statements are strategic foundations for business success, articulating a company's purpose and future aspirations. These declarations, with core values, guide strategic decisions, shape corporate identity, and foster cohesive culture. ThyssenKrupp Group, a diversified industrial leader, holds a significant global position.
Their mission, vision, and values are crucial for navigating complex market dynamics and driving sustainable progress through innovation. As of Q3 2024/2025, ThyssenKrupp reported an order intake increase of 21% to €10.1 billion, despite an 8.8% decline in group sales to €8.2 billion, highlighting their strategic direction. For a deeper dive into external factors, consider the ThyssenKrupp Group PESTEL Analysis.
Key Takeaways
- ThyssenKrupp's mission, vision, and values create a strong foundation for its identity and success.
- The company focuses on sustainable solutions and a more agile structure, seen in its Q3 2024/2025 performance and increased order intake in Marine Systems.
- Core values like responsibility, courage, openness, appreciation, integrity, and performance guide its operations.
- Ambitious climate neutrality goals by 2050 and investments in green tech are key for future innovation and growth.
- The company aims to reshape how materials and engineering contribute to a sustainable future.
Mission: What is ThyssenKrupp Group Mission Statement?
ThyssenKrupp's mission is 'Working together to create sustainable solutions for the future.'
The ThyssenKrupp mission statement outlines its identity, shared values, and approach to challenges. It emphasizes value creation for customers, employees, and shareholders. The company commits to developing innovative products and services that build sustainable infrastructures and promote efficient resource utilization. This ThyssenKrupp Group purpose is evident in their operations.
ThyssenKrupp focuses on creating sustainable solutions for a better future.
The company aims to create value for customers, employees, and shareholders.
ThyssenKrupp develops innovative products and services for various industries.
A key aspect is promoting efficient resource utilization in all operations.
Their Decarbon Technologies segment drives efforts in energy-intensive industries.
The ThyssenKrupp mission is strongly customer-centric, addressing future needs.
The ThyssenKrupp mission is reflected in their business operations through the Decarbon Technologies segment, which focuses on key technologies for the decarbonization of energy-intensive industries, aligning with the goal of creating sustainable solutions. For instance, ThyssenKrupp nucera, a part of this segment, offers world-leading technologies for high-efficiency electrolysis plants, crucial for green hydrogen production. In fiscal year 2023/2024, ThyssenKrupp nucera reported an order intake of €1.1 billion, demonstrating significant progress in its contributions to the ThyssenKrupp sustainability mission statement. The ThyssenKrupp innovation vision is strongly focused on addressing future-oriented issues like e-mobility and hydrogen supply chains. For a deeper understanding of the company's journey, explore the Brief History of ThyssenKrupp Group. This commitment underscores the ThyssenKrupp company values and its corporate philosophy.
ThyssenKrupp Group SWOT Analysis
- Complete SWOT Breakdown
- Fully Customizable
- Editable in Excel & Word
- Professional Formatting
- Investor-Ready Format
Vision: What is ThyssenKrupp Group Vision Statement?
The ThyssenKrupp Group's vision is to be a leading industrial group, driving sustainable transformation and creating value through innovative solutions and strong, independent businesses.
The ThyssenKrupp Group's vision emphasizes a future as a diversified industrial leader, committed to sustainable practices and innovation. This includes a strong focus on decarbonization, with a goal to achieve climate neutrality by 2050. The company aims to be a partner of choice for customers seeking advanced material solutions and industrial services.
The ThyssenKrupp vision for the future centers on becoming a lean holding company with strong, independent business segments.
A key aspect of the ThyssenKrupp Group vision is achieving climate neutrality by 2050 across its operations.
ThyssenKrupp Steel's vision aims to be Europe's leading producer of premium green steel.
The company seeks to be the trusted supply chain partner of choice for its customers.
ThyssenKrupp innovation vision involves empowering people to create innovative material solutions.
The Group's strategic goals mission includes a significant transformation of its organizational structure.
While a singular overarching ThyssenKrupp Group vision statement is not explicitly stated, individual segments articulate clear future-oriented goals that collectively define the Group's aspirations. ThyssenKrupp Steel, for example, envisions itself 'As Europe's leading producer of premium green steel, we are the partner of choice for our customers.' This vision emphasizes market leadership and a commitment to sustainability, aiming to cover a significant portion of Europe's steel requirements with green steel that enables customers to achieve their decarbonization targets. ThyssenKrupp Materials UK's vision is to be 'The trusted supply chain partner of choice,' empowering its people to create innovative material solutions that deliver value. The Group's broader strategic transformation towards becoming a lean holding company with strong, independent businesses, and its goal to be climate neutral by 2050, further illustrate its future ambitions. These visions are aspirational yet appear realistic given the company's substantial investments, such as the €3.5 billion 'green' steel production plant in Duisburg, which aims for climate neutrality by 2045 for its own steel operations. For more on their strategic direction, consider reading about the Growth Strategy of ThyssenKrupp Group.
ThyssenKrupp Group PESTLE Analysis
- Covers All 6 PESTLE Categories
- No Research Needed – Save Hours of Work
- Built by Experts, Trusted by Consultants
- Instant Download, Ready to Use
- 100% Editable, Fully Customizable
Values: What is ThyssenKrupp Group Core Values Statement?
ThyssenKrupp core values are integral to its corporate culture and Code of Conduct, guiding all operations and interactions. These principles are fundamental to the company's sustained success and differentiate its approach in the global industrial landscape.
The company's four primary core values are Responsibility, Courage, Openness, and Appreciation. These values collectively shape the ThyssenKrupp corporate philosophy, ensuring ethical conduct, strategic decision-making, and a supportive work environment.
Responsibility at ThyssenKrupp means prioritizing the overall interest and adhering to ethical conduct. This includes compliance with laws like the German Act on Corporate Diligence Obligations in Supply Chain (LkSG), with risk mitigation measures in its supplier portfolio and audits to ensure social standards.
Courage involves acting with determination and making bold decisions despite uncertainty. This is evident in ThyssenKrupp's strategic restructuring, such as the planned spin-off of Marine Systems, which requires bold steps to unlock potential and adapt to market requirements.
Openness signifies considering alternative options without bias and maintaining transparent communication. The company fosters an environment where employees are encouraged to raise problems for continuous improvement, reflecting a culture of mutual appreciation and open dialogue.
Appreciation is the sincere interest in the views and opinions of others, fostering mutual respect. ThyssenKrupp emphasizes an inclusive and respectful work environment that values the diversity of its employees, with people from over 140 countries working within the Group.
Beyond these, Integrity and Performance are also critical ThyssenKrupp core values. Integrity ensures reliability and honesty, rejecting corruption, while Performance drives continuous improvement, as seen in the APEX program contributing to improved earnings in Q3 2024/2025. For more insights into the company's structure, explore Owners & Shareholders of ThyssenKrupp Group. These values collectively form a unique corporate identity, emphasizing ethical conduct, innovation, and a long-term commitment to sustainability and stakeholder value. Discover how ThyssenKrupp's mission and vision influence its strategic decisions in the next chapter.
ThyssenKrupp Group Business Model Canvas
- Complete 9-Block Business Model Canvas
- Effortlessly Communicate Your Business Strategy
- Investor-Ready BMC Format
- 100% Editable and Customizable
- Clear and Structured Layout
How Mission & Vision Influence ThyssenKrupp Group Business?
A company's mission and vision are foundational, guiding its strategic decisions and shaping its long-term trajectory. These statements articulate the organization's purpose and aspirations, influencing everything from product development to market entry.
ThyssenKrupp's strategic direction is deeply intertwined with its mission and vision, emphasizing a transformation into a focused holding company with distinct, high-performing business units.
- The spin-off of ThyssenKrupp Marine Systems (TKMS), approved on August 8, 2025, exemplifies this strategy, aiming for greater agility and market responsiveness.
- TKMS boasts an order backlog of €18 billion, including a recent €800 million service contract with Germany's Bundeswehr.
- A strong commitment to the 'green transformation' is a key growth driver, leading to the establishment of the Decarbon Technologies segment.
- Significant investments, such as the €3.5 billion project for a 'green' steel plant in Duisburg, underscore this focus on sustainability.
- The APEX performance program has positively impacted earnings, with adjusted EBIT reaching €155 million in Q3 2024/2025.
The ThyssenKrupp mission centers on creating sustainable solutions and fostering innovation across its diverse business segments. This purpose guides its operational focus and strategic initiatives.
The ThyssenKrupp vision is to be a leader in its chosen industries, characterized by strong, autonomous businesses that are agile and responsive to global market demands and technological advancements.
While specific core values are not detailed here, a company's values typically encompass integrity, innovation, customer focus, and sustainability, shaping its corporate philosophy and business ethics.
The company's strategic decisions, such as the TKMS spin-off and investments in green technologies, directly reflect its mission and vision, aiming for long-term growth and sustainability.
These strategic choices, driven by the company's purpose and future outlook, are crucial for navigating the evolving industrial landscape and achieving its stated goals, influencing its Target Market of ThyssenKrupp Group.
The APEX program's success, contributing to a positive adjusted EBIT, demonstrates the effectiveness of these strategically aligned initiatives in driving financial performance.
ThyssenKrupp's mission and vision are pivotal in guiding its strategic decisions, particularly in its transformation towards focused business units and its commitment to sustainability. Explore how these core elements shape the company's future in the next chapter.
ThyssenKrupp Group Porter's Five Forces Analysis
- Covers All 5 Competitive Forces in Detail
- Structured for Consultants, Students, and Founders
- 100% Editable in Microsoft Word & Excel
- Instant Digital Download – Use Immediately
- Compatible with Mac & PC – Fully Unlocked
What Are Mission & Vision Improvements?
The ThyssenKrupp mission and vision statements are foundational to its operations, guiding its strategic direction and corporate culture. Enhancements could focus on greater external resonance and explicit inclusion of digital transformation alongside sustainability.
While ThyssenKrupp's current mission is comprehensive, a more concise and memorable articulation could significantly boost its external impact and brand recognition. This would ensure the ThyssenKrupp mission statement resonates as powerfully with stakeholders as it does internally.
Explicitly incorporating 'digital transformation' as a core pillar alongside 'green transformation' in the ThyssenKrupp vision would reflect the current technological landscape. This aligns with market conditions in 2024/2025 where digital disruption is as critical as sustainability.
The ThyssenKrupp vision could be more proactive in stating the company's role in shaping the future of industries, rather than solely adapting. This would better capture its innovative potential in areas like advanced robotics and predictive maintenance.
Adapting the ThyssenKrupp Group vision and mission statement to explicitly address emerging technologies and growth opportunities will ensure strategic relevance. For example, the realignment of the Automotive Technology segment into four business units as of October 1, 2025, highlights a focus on leveraging potential and profitable growth, likely encompassing digital advancements.
The ThyssenKrupp Group's corporate philosophy is built upon a set of core values that guide its business ethics and values. Understanding the Revenue Streams & Business Model of ThyssenKrupp Group provides context for how these values are put into practice. The company's purpose is to drive progress through innovative solutions, with a strong emphasis on sustainability and technological leadership. ThyssenKrupp's strategic goals mission is to be a leader in its chosen markets, delivering value to customers and shareholders alike. The ThyssenKrupp employee values are centered around integrity, accountability, and teamwork, fostering a culture of excellence and continuous improvement. ThyssenKrupp's corporate social responsibility values are evident in its commitment to environmental protection and social engagement.
- What is Brief History of ThyssenKrupp Group Company?
- What is Competitive Landscape of ThyssenKrupp Group Company?
- What is Growth Strategy and Future Prospects of ThyssenKrupp Group Company?
- How Does ThyssenKrupp Group Company Work?
- What is Sales and Marketing Strategy of ThyssenKrupp Group Company?
- Who Owns ThyssenKrupp Group Company?
- What is Customer Demographics and Target Market of ThyssenKrupp Group Company?
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.