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SBU Strategy |
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For our next stage of growth, we have adopted a new business initiative that we believe will effectively position us for sustainable growth ahead and sharpens our competitive edge as we evolve into a one-stop solution provider. The Group has been reorganized into two Strategic Business Units (“SBUs”):
Each SBU now has its own manufacturing and tooling operations while sharing resources in the various special processes such as
metal stamping and surface coating. This new initiative effectively removes geographic barriers and allows each SBU to operate
as independent business entities and profit centers.
We continue to integrate vertically to better serve the needs of our customers and to enhance our value-add to them. As such,
we will be actively broadening both process and component manufacturing capabilities.
We expect to optimize resource utilization as we move towards realigning our existing resources and maximizing the yields from these
same resources. With this new strategic realignment in our business strategy, Hi-P can now offer customers even greater value
and undertake larger turnkey projects.
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Execution Foundation |
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A strong Execution Foundation has been the cornerstone of the successful implementation of our corporate strategy over the years.
At Hi-P, we are performance driven and yet, people-centred. Our people seek continuous improvement in all areas so as to
maximize results. The principles of our execution foundation are applied consistently throughout all functional areas, from
Finance, HR, Supply Chain, Quality, IT, to Business Development and Operations. The key areas of execution are:
| STRONG ORGANISATION STRUCTURE |
Attracting, Retaining and Nurturing the best talents available
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| EFFECTIVE SYSTEMS AND PROCEDURES |
Maximize Productivity across the company
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| EFFECTIVE MOTIVATION MECHANISM |
Enforce a Transparent System that recognizes and rewards employees
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| Hi-P CULTURE |
Pillars of Hi-P Culture:
Results-oriented and People-oriented
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Main guiding spirit:
Contribution and Ownership
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Core behavioural principals:
Good Manners, Positive Spirit, Integrity, Discipline, Humility and Maturity
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Execution discipline:
Punctuality, Commitment fulfillment, Focus and strict compliance, Follow-up thoroughly
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ABOUT Hi-P
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