Invensys
is becoming
Transforming Performance
Helping our customers achieve operational excellence
Introducing Invensys Invensys is a global technology company that works in partnership with a broad range of industrial and commercial customers to design and supply advanced technologies that optimise their operational performance and profitability. From oil refineries and power stations to mining companies and appliance manufacturers, our marketleading software, systems and controls enable our customers to monitor, control and automate their products and processes, thereby maximising safety, efficiency, reliability and ease of use.
Software 15% of Group revenue £260m revenue Our Software business is one of the world’s leading developers and suppliers of industrial software with strong positions in visualisation and supervisory control, process design, simulation and optimisation, real-time operations.
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Industrial Automation 53% of Group revenue £948m revenue Our Industrial Automation business is a global supplier of control systems, safety systems and instrumentation to customers operating some of the world’s largest and most complex industrial plants, such as oil refineries, power stations (both fossil fuel and nuclear) and petrochemical plants.
Energy Controls 14% of Group revenue £253m revenue Our Energy Controls business designs and manufactures a range of process, heating, temperature and remote monitoring controls used in industrial, residential and commercial applications.
Growing your career with Invensys
Appliance 18% of Group revenue £331m revenue Our Appliance business designs and manufactures components and systems that control the operation of appliances, including cooking, refrigeration, laundry and dishwashing, in both the residential and commercial sectors.
Growing your career with Invensys
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Andy Hill - VP Talent Management Welcome to this candidate guide designed to provide you with an insight into Invensys, prior to your interview with us. As global Vice-President for Talent Management at Invensys, I am delighted you have taken this step to advance your career and chosen this company as a way of getting there. One of the phrases used within this brochure is ‘transforming performance – helping our customers to achieve operational excellence’. As an employee at Invensys, we all have the opportunity to transform our careers, so we as individuals can achieve excellence and in turn help Invensys achieve its goals. I wish you much luck with your career and hope this guide helps you understand a little more about our business.
Q: What attracted you to Invensys as an employer? A: It was the right time for me in my career, to take on a truly global leadership role, in which I could shape and influence an organisation moving forward. I felt Invensys really offered this to me.
Q: What is the Talent Management strategy at Invensys? A: At Invensys we are committed to our employees’ development and have regular talent reviews. We also conduct a more formal process called OCR (Organisational Capability Review), where we formally discuss succession and review our high Q: How would you describe potentials and high professionals. This the Invensys culture? helps to ensure our leaders have visibility A: Our culture is fast paced, and demanding of our talented employees, which in turn – it is not for the faint hearted. The business encourages people to move around within is continually evolving, is innovative and the Invensys organisation. culturally diverse. Q: How does Invensys reward Q: Is there such a thing as an its employees? Invensys person? A: At Invensys we believe in rewarding A: Yes, someone who is open minded, transformational performance. Throughout confident, technically strong in their all levels of the organisation, people are discipline, challenging, courageous set clear goals, aligned to the strategy and resilient. and success of Invensys. Our rewards mirror this goal setting, and reflect the Q: What are your thoughts on the strategy of each business segment, importance of a diverse work force, and Invensys as a group. and what is the business strategy around this? A: Invensys is naturally diverse. We are a global organisation which has many great benefits, such as we get to work in different places, with different social groups and different cultures. This really opens your eyes to the world.
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Q: Why should strong talent be attracted to Invensys as an employer of choice? A: In my career, I have experienced that companies which offer big rewards and diverse benefits for people, playing a part in their success, may be seen as measures of companies becoming ‘employers of choice’. Not often in my experience is it easy to see how one can contribute to that success. At Invensys, we are all aligned with our own individual goals to contribute. Therefore, if someone wants to be part of a success story, and play their part in that – Invensys is a good place to work. We have changed our organisation significantly over the past 10 years, to become the success we are today, and have not been scared to make tough decisions. We may not be the largest organisation, but we are one of the most focused. All people will make their own judgement on what an ‘employer of choice’ is. At Invensys, we strongly value integrity and therefore, we hope that people joining Invensys can clearly make their own choices around their own careers.
Growing your career with Invensys
Growing your career with Invensys
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Invensys in numbers
We work with
We enable
We are
23 48
23% 20%
16,886 50
18
37%
180
7
18%
£1.7bn
35
62%
£131m
23 of the top 25 petroleum companies
48 of the top 50 chemical companies
18 of the top 20 pharmaceutical companies
Seven of the top 10 appliance manufacturers
35 of the top 50 nuclear power plants
Financial performance for continuing operations The Group has performed well against a backdrop of fragile economic conditions and ended the year with £268 million of net cash.
23% of the world’s chemical production
20% of the world’s electricity generation
37% of the world’s nuclear energy generation
18% of the world’s crude oil refining
62% of the world’s liquefied natural gas production
• Order intake was £1,700 million (2012: £1,759 million), down 3% (down 2% at CER) • Revenue was £1,792 million (2012: £1,764 million), up 2% (up 3% at CER) • Operating profit rebounded to £131 million (2012: £93 million), up 41% (up 40% at CER) • Underlying earnings per share (EPS) were 8.5p (2012: 5.3p), up 60%
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Growing your career with Invensys
Growing your career with Invensys
We are 16,886 employees worldwide
We have facilities in more than 50 countries
Our solutions are in use in more than 180 countries
£1.7 billion revenue
£131 million operating profit
• Operating cash flow was strong at £136 million (2012: £124 million) • Net cash for the Group at year end (before receipt of Invensys Rail disposal proceeds) was £268 million (2012: £262 million) • Recommended final dividend of 2.85p per share (2012: 2.75p per share); total dividends for the year of 4.6p per share (2012: 4.4p per share), an increase of 5%
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Our culture At Invensys, we want our employees to have the belief that this is the place they want to work and for them transform their careers and achieve personal excellence. We want our employees to realise their potential, succeed in everything they do, have a ‘can-do’ attitude, work in a safe environment and strive to ensure Invensys transforms performance to help our customers achieve operational excellence.
Our Vision and Mission for Invensys are in place to enable this culture to be a reality, both underpinned by our values which we desire our employees to espouse. Our Vision To be unquestioned leaders in our chosen markets.
Our Mission To unlock our own and our customers’ potentialInvensys provides the tools and systems that enable the customer to experience in real time a new level of insightful feedback about the efficiency of their overall business. This enables the customer to optimise their enterprise wide operations.
Our Values Our Values ensure our people behaviours and our people-related processes align with our Company Values and embed them in our everyday working. The four Invensys Values are explained on page 11 of this brochure. If we get this right and our employees do this every day, they and Invensys will realise their ambitions.
We have a set of Invensys Values to underpin the Vision and Mission to help us all to understand what Invensys truly stands for as a business. Our Values show our intention and commitment to becoming a high performing, sustainable and cohesive business.
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Growing your career with Invensys
Growing your career with Invensys
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A values driven approach
We must be able to quickly adapt, grow and swiftly change for a sustainable future and stay one step ahead of our competition.
Agility
Transforming Performance It takes a certain kind of person to work at Invensys. People who are confident of their own ability and want to succeed.
Achieve Excellence Alignment with the Invensys Values is considered integral to the performance of our employees and has been supported with personal messages from our Group Leadership Team members, workshops that are designed to be built into team meetings and with new recognition arrangements. The key messages of the Invensys brand and its values have been clarified and made relevant to current and potential Invensys employees through an employer branding initiative. This in turn helps Invensys to help its customers achieve operational excellence.
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Growing your career with Invensys
Growing your career with Invensys
Agility is required to compete in today’s markets. It requires that we up-skill and develop ourselves and our organisation to meet changing business needs. Standing still is simply not an option.
Innovation means understanding the problem and then looking widely to find or create solutions. Never doing something “just because we’ve always done it this way”.
People who want to can innovate and help us all succeed People with a ‘can-do’ attitude; people who want to be the best they can.
Agility is the ability to make changes in order to survive and thrive. The quicker we are able to recognise a new environment and adapt accordingly, the easier it is to move forward. We base our decisions on facts and when the facts change, we respond quickly.
Innovation
Integrity
Innovation challenges our previous way of thinking and leads us to feel inspired. It means finding ways to do what is considered to be difficult or impossible. It
means challenging established interpretations and views. Innovation is an investment in the business to boost future success and drive the business forward.
Good relationships are built on trust. By acting with integrity, we invoke this trust and in return have the right to be treated with respect by others both internally and externally. At Invensys, we must maintain consistency of word and deed. This means making commitments and delivering on them 100%. Integrity is the core of trusting our colleagues and our fellow team members. We can take this commitment of integrity as a promise that we will deliver.
Dealing honestly with each other, knowing the difference between right and wrong, having courage to do what is right, and caring about the perspectives others give can improve outcomes for individuals and for the organisation. This is how we meet our commitments – through our integrity every day.
We must take the time to focus on our performance as that has a direct correlation to our business results.
Performance
Our performance is important because it is the backbone of Invensys; without the contributions of each individual in the company, we would not succeed. We focus on performance because when we recognise the
achievements and valuable contributions of our individuals and teams, we create a culture of high performance. The better we perform, the better Invensys performs.
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Corporate responsibility Invensys remains committed to supporting the principles of economic success, environmental stewardship, diversity and social responsibility. We strongly believe that success in these areas will help us to minimise business risk, enhance our reputation and continue to grow profitably in our chosen markets.
By acting as a responsible global citizen, we help our customers operate efficiently and safely while also enhancing our reputation as a business partner of choice. Sustainability at Invensys means: Providing efficient and safe products and solutions For our customers, we offer a portfolio of products and business solutions that helps improve sustainability performance by increasing efficiency, safety, productivity and profitability. We incorporate efficiency into our product design, manufacturing and supply chain programmes, focusing on resource consumption, material selection and life cycle considerations. Operating efficiently and safely We minimise our environmental footprint by measuring our energy, water, waste, fleet and business travel impacts and setting reduction targets at our manufacturing sites. We improve workplace safety at our facilities and our customer sites by setting safety performance targets, implementing effective injury/illness prevention programmes and engaging in behaviourbased safety measures.
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Investing in our employees and communities We strive to attract and retain the best employees and to make Invensys a place where high-performing people choose to be, where they can enhance their careers and are motivated to perform at their best. Inclusion in the workforce Invensys fosters an inclusive culture where anyone with the skills and abilities to perform is treated fairly. We embrace the diversity of our employees and the greater effectiveness a diverse workforce allows us to offer our customers. We continue to respect and support the principles of the European Convention on Human Rights and the United Nations Global Compact by ensuring we comply with the labour laws of the countries in which we operate and by creating an inclusive and respectful culture for our diverse workforce. Invensys is committed to equal opportunities and supports the recommendations of Lord Davies and the Financial Reporting Council regarding diversity. This is reflected in the wide range of international backgrounds and skills of our directors, as well as the appointment of two female directors to the Board. We also recognise the importance of diversity below Board level and have launched a number of diversity initiatives, including an independent diversity assessment intended to highlight issues and opportunities across the business.
In addition, the Invensys Women’s Exchange is an established resource group that provides support, education and networking opportunities within Invensys and with our customers. The Invensys Code of Conduct The Invensys Code of Conduct both describes and represents our commitment to responsible business and is the foundation of our broader Compliance Programme. Under the terms of the Code of Conduct, our employees undertake to work with integrity as representatives of Invensys and in accordance with both local laws and our own standards of ethical behaviour. Where the Code of Conduct is more exacting than local laws or standards, the Code of Conduct must be followed. Community and charitable investment InvensysInvolved, our Group-wide community engagement framework, combines employee volunteerism and strategically-aligned company resources to address essential needs in the communities where we live and work. Under Invensys Involved, our employees are encouraged to participate in four distinct areas of community service. In its first full year of formal rollout, Invensys participated in 93 community engagement activities under the InvensysInvolved framework, contributing over 4,000 hours of volunteer services.
Growing your career with Invensys
Growing your career with Invensys
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Global InvensysInvolved Programme Rollout In its first full year of formal rollout, Invensys participated in 93 community engagement activities under the Global InvensysInvolved Programme, contributing over 4,000 hours of volunteer services.
Invensys Bangalore makes a difference
Invensys Foxboro introduces students to engineering
Invensys in Bangalore, India has led several initiatives to make a difference in the community where it lives and works. This Bridge School, supported by the Concern India foundation, located inside the Sobha Sun City premises, provides education for children of migrant workers from Bengal, Bihar, Uttar Pradesh and Orissa. As their parents are constantly on the move, these children face gaps in education and childcare while their caretakers are at work.
For the past several years, Invensys Foxboro US’s FoxMass Development Center team has been involved with the local high school’s Introduction to Engineering class. The purpose of the class is to expose interested junior and senior students to engineering thinking and help them consider engineering as a career.
Invensys is committed to supporting the school and works directly with the students by means of structured interactions and organised volunteering sessions at the school.
Over the past several years, the Invensys Foxboro team has assisted with lesson plan ideas and made presentations to the class regarding engineering-related disciplines in the automation field, the overall value of an engineering degree, and how engineering thinking is applied to solve problems.
Invensys raises awareness of breast cancer in Dubai
Invensys participates in nationwide run for charity in Germany
The Invensys team in Dubai participated in the BurJuman Pink Walkathon 2012 to increase breast cancer awareness. The BurJuman Safe & Sound campaign is one of the largest, most comprehensive breast cancer awareness campaigns in the Middle East. Launched in 1997 by BurJuman, a large well-known shopping centre in Dubai, this year-round programme focused on the key message of survival through early detection and treatment. Through numerous events along with outreach initiatives, Safe & Sound has encouraged families in the United Arab Emirates to proactively take charge of their health, helping to increase understanding and empower women in the fight against breast cancer.
The local Invensys team in Nuremberg, Germany, participated in the nationwide B2RUN run/walk event in Germany this past year. The B2RUN run/walk event has become national in scope and includes events that occur simultaneously across 10 locations with the finishing lines in many of Germany’s biggest stadiums. This past year over 20 Invensys employees participated, raising money for B2RUN’s children-focused charity partner. This event, which started in 2009, had over 2,000 participants. “We were happy to have the Nuremberg team participate in the B2RUN event and raise money for such an important cause. We look forward to participating again next year!” said Suzanne Schenkel, Human Resources Manager with Invensys.
Safe & Sond Focuses all proceeds from fund raising initiatives toward providing further breast cancer awareness services, free mammograms and patient care.
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Invensys locations that achieved one million hours worked without a recordable injury by year end.
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Growing your career with Invensys
Growing your career with Invensys
-29%
Decrease in hazardous waste generation in our manufacturing locations.
-3%
Reduction in CO2 emissions from our manufacturing, office, fleet and air travel activities. 15
Rewarding our people Invensys recognises and rewards great performance. When you succeed, we succeed.
Invensys Total Reward principles • Reward success and results: embracing our fundamental value of integrity, we provide reward programmes that recognise the achievement of our employees. • Market-driven: reward opportunities constantly benchmarked with competitive market and industry practices allowing our employees to succeed here.
• Act with integrity and fairness: we operate our Total Reward programmes • With the utmost integrity and compliance to statutory requirements and • Endeavours to provide fair programmes for all our employees. • Retain flexibility: allow for response to rapidly changing business conditions.
• Clear and frequent communication: we provide clear and frequent communication on all our reward principles and programmes to our employees.
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Growing your career with Invensys
Growing your career with Invensys
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Learning & Development At Invensys, we know our success depends upon you. We provide development opportunities, leadership, professional and business skills training and have a global Talent Management team which enables us to respond to our strategic needs, our customers’ needs and your career aspirations. We believe in continuous learning and have created specific development tools to help you realise your full potential.
This investment is to ensure that you are well-supported in both your new role and in preparing for future opportunities, skills and ways of working. The Talent Management Centre of Expertise (CoE) works to accomplish these objectives by leveraging the power of one Invensys to create simple and easy ways for you to access online and classroom learning and career development tools. Our employees have access to a wide range of relevant technical and core business skills training, ranging from virtual programmes, to online e-learning, self paced modules, as well as traditional classroom training.
You will bring your unique values, skills, and aspirations to the workplace, creating the diversity that contributes to Invensys’ profitability and growth. Invensys is committed to providing a learning environment which can help our people contribute to the success of Invensys through their skill and talent. We have a powerful tool called iGrow whose products are available to all. iGrow is an Invensys system for administering and managing learning activities. It is a global portal designed to create easy access to a comprehensive suite of learning and development programmes. With robust tracking and reporting capabilities, iGrow helps both you and your manager track completion of learning and development programmes as well as accreditation and certification requirements.
iGrow represents a powerful way for you to easily access learning opportunities that meet your specific needs. The iGrow portal: • provides easy and timely access to classroom and online learning and development offerings • provides content across the spectrum, i.e. technical, non technical, functional and core business skills as well as management and leadership development learning • serves as a repository for technical training programmes and other technical documentation • provides relevant development according to your needs • provides managers with the ability to assign, monitor and evaluate their employees learning activities.
Growing your career is one of the greatest journeys upon which you can embark – a journey that holds tremendous opportunity for you and encourages you to take charge of your development. The iGrow tool represents a powerful way for you to easily access development tools that can help you achieve your career aspirations. Shaped by career management best practices and Invensys employee input, iGrow also offers a wealth of tools to help you:
iGrow helps you on this journey by providing: • over 25 career assessments and tools • career profiles of key Invensys leaders • easy to follow self assessments and worksheets. The iGrow tool is designed to help you gather and analyse information related to your interests, values and career options.
• establish career objectives • assess your strengths and opportunities for development • identify development strategies that align with your learning preferences • create effective action plans to meet your goals • become aware of career opportunities and other resources • enrol others to support your career plan.
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Growing your career with Invensys
Growing your career with Invensys
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Invensys Competencies The Invensys Competencies have been developed to prioritise the behaviours most critical to success. The application of these Competencies will accelerate our journey to becoming a cohesive, sustainable and high-performing organisation.
The Invensys Competencies have been identified through a comprehensive research-backed process involving a significant number of executives and leaders across Invensys. They are grouped into five clusters linked to the organisational capabilities which we have identified as important to deliver Invensys strategy: • customer focus • deliver results • develop for the future • engage people • innovate
customer focus
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Growing your career with Invensys
Growing your career with Invensys
deliver results
The effective implementation of our Competencies at individual, team and organisational level is designed to accelerate our journey to becoming a high performing, sustainable and cohesive organisation. The competencies form part of our performance assessment and development planning processes. They evaluate the HOW of performance by describing observable behaviours in a way which facilitates discussions around performance gaps either in the current job roles or measured against career aspirations. A wide range of development solutions combining on-line training, reading, tutor-led training and experience based development actions are linked to each Competency to help all employees to maximise their potential.
innovate
Invensys Competencies Progression We recognise that competencies change as individuals progress through their careers. To maximise relevance we have therefore mapped specific competencies linked to each cluster to different profiles for Executives, Leaders and Individual Contributors. The Invensys Competencies will therefore also help improve the quality of candidate assessment for both internal promotions and external hires.
engage people
develop for the future
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Frequently asked questions Please visit our career site for details of current opportunities; we list jobs by type as well as by geography. You’ll also find more detailed information about specific requirements within each job description. For further information, go to www.invensys.com and select ‘Careers’.
Your application and interview Throughout our interview and selection process, we’ll ask you about your successes, your career objectives and your ambitions. You’ll have plenty of opportunity to explore the role you could play at Invensys and to meet the people with whom you might work.
5 We hire you
2 If selected
3 We meet with you
1 You send your application
Q: How do I start the application process? A: Go to job search and browse the list of job opportunities available in your chosen country. Once you’ve identified a suitable position (or positions), apply online and attach your CV/resume. We’ll send you a confirmation email and if your application meets our requirements, we’ll invite you for an interview. Visit ‘Applying to Invensys’ for more information on the process. Q: How do I submit my CV/resume online? A: To improve your chances of success, it’s best to submit your profile directly to an open job in the system. Identify your area(s) of interest, search for jobs, select ‘Apply now’, fill out your personal profile and submit your CV/resume. Q: What should I do if I cannot find an opportunity that matches my skills? A: We suggest that you enter your profile online so we can contact you as soon as suitable opportunities are available. You might also make a note to come back and check the site for open opportunities on a regular basis as things change fast at Invensys and it can only help your chances!
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Q: Should I submit my CV/resume for every position I am interested in? A: Yes. Every position is filled separately, so you should submit a CV/resume for every opportunity and geography for which you’d like to be considered. Q: Can I apply for a job outside my home country? A: You are able to apply for any open positions you see in any one of our companies anywhere in the world. Your eligibility, however, depends on the hiring country’s qualification requirements, employment laws, work permit and/or visa requirements. Q: If I submit my CV/resume for a specific position, how long will it be before I find out if I’m being considered? A: When you submit your application online, we’ll send you an e-mail confirmation. If your qualifications and experience match our requirements, a recruiter will contact you to discuss your CV/resume in more detail. Please realise that due to the high volume of CVs/resumes we receive, it’s not possible to make personal contact with everyone who applies for a position.
Your application and interview Throughout our interview and selection process we’ll ask you about your successes, your career objectives and your ambitions. You’ll have plenty of opportunity to explore the role you could play at Invensys and to meet the people with whom you might work. We run a fair and objective selection process that reflects our values. You’ll find that we’re open and transparent about our expectations and will answer your questions with the same clarity and honesty. If you complete the process successfully, we look forward to welcoming you on board. If you are considering a career change, we can offer you a workplace that thrives on change and career support that will help you achieve your potential. Please sign-in and apply online. We will get back to you and agree on the subsequent steps.
Growing your career with Invensys
We run a fair and objective selection process that reflects our Values. You’ll find that we’re open and transparent about our expectations and will answer your questions with the same clarity and honesty. If you complete the process successfully, we look forward to welcoming you on board.
4 We get to know you better
5 If not selected, we invite you to view our other opportunities
If you are considering a career change, we can offer you a workplace that thrives on change and career support that will help you achieve your potential. Please sign-in and apply online. We will get back to you and agree on the subsequent steps.
Invensys
is becoming
We look forward to meeting you
www.invensys.com