Surge, July 2014

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SURGE

ISSUE 10 JULY ‘14

Employee Newsletter

Partner of Choice, through the eyes of our customers

Weir BDK, vision We will be India’s top 3 flow control solutions providers by 2018, meeting the needs of our customers in a manner that delights them!

INSIDE THIS ISSUE Weir BDK’s first Global Conclave

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GOST certification for all Weir BDK products -2 Weir BDK delivers 287 valves to ENEL Power, Italy for Sredneuralskaya Power, Russia -2 Blood Donation Camp at Weir BDK - 3 Group’s Mission & Values

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Prakash GK joins WBDK as Vice President, BD, Sales and Marketing -4

Randeep Mahajan President, Weir BDK

The Annual Group Conference concluded in June this year, where Managing Directors from across Weir businesses came together to review strategy, performance, and our ambitions for the future. As always, the conference had a theme that reflected the Group’s focus areas and ensured our focus and alignment with the Group strategy. Aptly, this year’s meet was themed — ‘Partner of Choice, through the eyes of our customers.’ Simply put, Weir will become the partner of choice for customers. With this, our strategy is to focus on customers’

requirements and deliver it to them. To drive these issues at the conference, we had interesting speakers who spoke at the various forums. For e.g.- an Olympic gold medalist emphasised the importance of team work and continuous small incremental improvements and an academic expert challenged us to understand our value proposition.

form of ‘solving customer issues’. These shifts are very critical, making it necessary for all us to understand. Our future growth will depend on how we incorporate these shifts and the challenges that will follow. The above point only further highlights the reason of having customer centricity as the central pillar of our vision.

Most importantly, three senior customers were invited to tell us their expectations from Weir. Common words they used were collaboration, help with problems, challenges, and solutions. It is important to understand that in the eyes of our customers, supplying quality products on time is no longer enough – they want more from us. It just enhances the importance of the revelation that customer expectations are shifting and evolving from quality and on-time delivery (which are now basic expectations) to enhanced support in the

I have repeatedly emphasised that we all play an important role in customer centricity and it is everybody’s responsibility to contribute equally. We have a long journey ahead and our focus on building operational and engineering excellence will give us the foundation needed to deliver customer centricity. But unless each one of us keep customers the focus of our operations, we will fall short of achieving our goal. So, I urge all of you to start thinking on how your role impacts Weir BDK’s ability to deliver customer centricity.

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Weir BDK’s first Global Conclave representatives included countries such as US, Europe, China, Middle East, Russia, Africa, Singapore, etc.

Weir BDK held its first Global Conclave in Hubli on 5th & 6th June. The meeting was widely participated by marketing

hubs from across the globe. It was held to discuss opportunities and the way forward in increasing Weir BDK’s product sales. The

A plant visit was organised for the participants, giving them an opportunity to witness the developments and improvements happening at Weir BDK, since its acquisition. The meeting

also included sessions from people at Weir BDK, who showcased improvements in operations, engineering, quality, and supply chain. In addition to the sessions, a discussion on the company’s future plan was held. Later, the participants shared their plans to further develop the markets in each of their regions.

GOST certification for all Weir BDK products In a major development on the exports front, Weir BDK received GOST certificate for all its products, allowing it to offer bids in Russian markets. While GOST certification was given to Gate & Butterfly Valves in March 2014, the company has also received the certificate for all its balance products, including Ball,

Diaphragm, Globe, and Check Valves. The certificates are valid for 5 years and will expire in 2019. This development will open up huge opportunities for Russian markets, where there is a growing demand of industrial valves.

Weir BDK delivers 287 valves to ENEL Power, Italy for Sredneuralskaya Power, Russia from 25mm Class 800 to 800mm Class 300. As the valves were to be used in a Russian project, it required GOST certification, which Weir BDK has recently acquired for all its products. Weir BDK delivered a significant valve order from Italy. Italy’s largest power company and Europe’s second listed utility by installed capacity – ENEL – placed the order. ENEL is a leading integrated 2

player in the European and Latin American power & gas markets. The order for 287 Gate, Check & Butterfly valves was placed for a power project in Russia, called Sredneuralskaya Power. The valves ranged

Despite challenges of sourcing large size casting, finding machining vendors for the size, machining and welding of large size bodies, and other components and assembly and testing

challenges, the team left no stone unturned. They came together to ensure that all the challenges were overcome. During manufacturing and delivering, there was active coordination between the operations teams and the customer, which led to on-time delivery of the order. This order has once again proved Weir BDK’s capability for ontime delivery of quality products that meet customer requirements.


Blood Donation Camp at Weir BDK

On 13 June, WEIR BDK employees came together for a good cause. Over 60 employees donated blood, as part of a Camp organised in association with Rotary Club Midtown and Dr. R B Patil’s Cancer Hospital Navanagar,

Dharwad. Employees generously volunteered in the camp and collected 60 units of blood. Weir BDK regularly organises blood donation camps and receives enthusiastic participation by all their employees. Blood donation cause is

of high priority in India. As per World Health Organisation (WHO) reports, India faces a whopping blood deficit of approximately 3 million units annually (only nine million units are collected annually, while the need is for 12 million units), a deficit of 25% annually.

Even with a population of 1.2 billion, India faces a blood shortage of as high as 3 million units. Experts say that if only an additional 2% of Indians donated blood, the shortage could be addressed. Just as Weir BDK, responsible corporates across the country are joining hands with several institutions and hospitals to create volunteer programmes and contribute to the cause.

Group’s Mission & Values The Group recently updated and refreshed its mission and values, better reflecting the Weir Group of today. Weir’s business is driven by its purpose and values, created by the Group’s leadership team and is fundamental to everything that employees do across the global network. Mission: “Weir’s purpose is to be wherever and whenever our global energy and resources clients need us, delivering innovative products and services, and becoming their trusted partner of choice. To create excellent engineering solutions.”

Our Values: •

We value, support, and care for our colleagues working towards a common purpose We act with integrity and are accountable to ourselves and others

We strive to make our customers successful

We explore ideas and possibilities to deliver innovative solutions

We commit to quality in all that we do

In addition, the Group has also outlined the expected behaviour, with a list the characteristics of employees who truly live Weir’s values and believe

in ‘The Weir Way’. These are defined as under: We value, support, and care for our colleagues, working towards a common purpose • I take action to ensure the safety and wellbeing of myself and others •

I build lasting, collaborative relationships

I share knowledge and insights to support learning actively

I contribute effectively beyond my team and business area

We act with integrity and are accountable to ourselves and others • I follow honesty with

myself and others •

I make and keep realistic promises to customers, colleagues, and partners

I challenge actions that are inconsistent with our values

I value diversity and show respect to everyone

We strive to make our customers successful •

I invest time in understanding my customers’ needs

I persevere to overcome challenges

I deliver the best solutions for my customers

I share insight with my customers and partners proactively 3


innovative solutions that meet customer needs

We explore ideas and possibilities to deliver innovative solutions •

I explore and create new ideas that add value

I seek to discover

I encourage, support, and build upon others’ ideas I simplify complexity

to aid decision-making We are committed to quality in all that we do •

I set high standards for myself and others

I am rigorous and pay

attention to details •

I learn and improve, continuously

I take the necessary action to fix things that I know are not right

Prakash GK joins WBDK as Vice President, BD, Sales and Marketing In the month of June, Prakash GK joined Weir BDK and took over the responsibility of leading Business Development, Marketing & Sales. He has been designated as Vice President, directly reporting to Randeep Mahajan. Prakash comes with experience spanning over 24 years, mostly in flow measurement and control. Prakash GK Vice President, BD, Sales and Marketing

He also has vast knowledge in the areas of Application Engineering, Product

& Project Selling, and Business Management. In his last assignment, Prakash was Regional Director of Middle East & India for Circor Energy Group. He held various responsibilities at Circor, a company he joined in 2009. In his earlier professional assignments, Prakash has worked with various renowned companies, such as Sanmar, Motherwell Controls, and Mannai Trading Co. (in Doha), shouldering

various responsibilities such as national Sales Head, Business Head, etc. Prakash has an M.Tech in Industrial Engineering from NIT, Calicut and a PGDBA from Loyola Institute of Business Administration (LIBA). He strongly believes that ‘There is no short-cut to hard work’ and that ‘Leadership is managing people to deliver and not managing delivery by itself.’ In his free time, he loves playing cricket and travelling with family.

Be Alert! Be Safe!

Wear a helmet to save your head

Wear gloves to protect your hands

Wear safety shoes to protect your feet

You can share your stories for Surge with Ravindra Shenvi at: ravindra.shenvi@weirgroup.com

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Wear a safety ‘attitude’ and protect yourself


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