2016 make your mark at itw

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Page 1: 2016 Make Your Mark at ITW
Page 2: 2016 Make Your Mark at ITW

Through the Years

From our humble beginnings as a small machine tooling company to the global manufacturing presence we are today, innovation has always been at the heart of ITW. This is what sets ITW apart from our competitors—our ability to see new possibilities where others see only the status quo, and to translate our customers’ pain points into solutions that help them run their businesses better.

Why consider a career with ITW? You can look at our history of solid results, at our long list of nearly 10,000 active patents or at the broad range of industries, markets and customers we serve and see that we’re successful. But that only tells part of our story. The real ITW success story is in the strength of our values, the depth of our culture and the leadership of our people. These are the unique aspects of ITW that will drive our success in the years to come.

Our Values: Integrity, Respect, Trust, Shared Risk, Simplicity. These are the key to our future success, the “glue” in our company that allows us to perform consistently, yet quickly adapt to change as needed.

Our Culture: ITW’s decentralized entrepreneurial culture offers every employee the opportunity to make a difference and to have a stake in our collective success.

Our People: Our balance of experienced ITW leaders and new thought generators from different environments strengthens ITW’s diverse and inclusive culture. ITW offers career development opportunities from the very start, whether you begin as a recent graduate or join as an experienced professional. The size and scope of ITW offers opportunities for any number of career paths.

Take a look at what we have to offer. If you like what you see, and are interested in a challenging, fast-paced, entrepreneurial environment, we invite you to bring your passion, vision and creativity to ITW.

Sincerely,

Scott SantiPresident and Chief Executive Officer

From a small lot in Chicago to today’s global presence, ITW’s philosophy remains the same: match creative minds with customer needs and change the world.

Page 3: 2016 Make Your Mark at ITW

1912ITW is launched with an ad

seeking investors in a fledgling manufacturing business.

1960sOne of ITW’s most successful inventions, the Hi-Cone

plastic carrier transformed the beverage industry.

1973ITW becomes a publicly traded company and

is listed on the New York Stock Exchange.

1990sITW becomes one of the top US patent holders

with over 12,000 patents, adding new ideas and innovation across industries and markets.

2016 & BeyondITW’s Enterprise Strategy focuses on ITW’s unique core capabilities

– 80/20 business process, customer-back innovation and our decentralized, entrepreneurial culture – to drive solid growth,

strong returns and best in class operating performance.

ENTERPRISE STRATEGYl 80/20 Business Processl Customer-Back Innovationl Decentralized, Entrepreneurial Culture

1999-2009ITW expands globally, delivering

customer solutions in 57 countries.

Page 4: 2016 Make Your Mark at ITW

CUSTOMER-BACK INNOVATIONITW’s unique approach to customer-focused innovation

has fueled decades of profitable growth. The company’s

innovation efforts are “80/20-enabled” as its businesses

focus on building relationships with major customers to

develop deep knowledge and insight around their key

needs and pain points. Working innovation from “the

customer back” sets ITW apart, and it is these key

customer insights and learnings that drive innovation at

ITW. The company’s portfolio of approximately 16,000

granted and pending patents reflects its ongoing

commitment to developing innovative solutions for our

key customers.

80/20 BUSINESS PROCESSITW’s proprietary 80/20 business process has been integral

to the company’s success for nearly 30 years. Through

80/20, each ITW business focuses on the 20 percent of its

customers that generate 80 percent of its revenues and

structures the business around serving and growing

relationships with these key customers. The efficiencies

gained from 80/20 deliver best-in-class operating margin,

strong free operating cash flow and differentiated returns on

invested capital. ITW’s commitment to 80/20 is stronger

than ever, and the company continues to view 80/20 as a

key driver of its competitive advantage in 2014 and beyond.

DECENTRALIZED ENTREPRENEURIAL CULTUREThe heart and soul of ITW are the 49,000 hardworking and

dedicated people around the world who thrive in the

company’s decentralized entrepreneurial culture. ITW’s

unique culture is a competitive advantage, and the company

is working hard to make sure that its divisions continue to

think and act like smaller companies. ITW businesses have

significant flexibility within the ITW Business Model to

customize their approach in order to best serve their

customers and maximize performance.

Differentiated Business Model

CAPLESS REFUELING

SYSTEMPATENTED

2014

The Best Ideas

MAKE A DIFFERENCE

Page 5: 2016 Make Your Mark at ITW

INTEGRITY IN ALL THAT WE DODespite our many brands and locations, suppliers and

customers who work with ITW can expect the same treatment

no matter where they are: honesty, transparency, and a

company that always tries to do what’s right.

RESPECT DRIVES PERFORMANCE, INNOVATION, AND A COMMITMENT TO COMMUNITYITW has a large and highly diverse workforce, with talented

employees who bring the richness of different cultures,

languages, and experiences to their work. We expect those

differences to be embraced with respect and dignity and for all

views to be recognized. Respecting employee insights at all

levels, and providing honest assessment, nurtures innovation.

TRUST IN EACH OTHER AND OUR COMPANYWe trust that all ITW colleagues will operate with the highest

professional standards and in the best interests of the

company at all times.

SHARED RISK SUPPORTS BOLD DECISION MAKINGAs a company built on innovation, we know that mistakes and

trial and error can make you stronger, more knowledgeable

and might even trigger the next great idea. That’s why we

encourage well-reasoned, prudent risk taking in an

environment where challenges are discussed openly, and

information is shared among all. We work as a team, sharing

responsibility for the outcomes of individual risks and

decisions.

SIMPLICITY ALWAYSWe keep things simple by focusing on the essential core of

any business opportunity, challenge, issue, or problem. 80/20

is our core philosophy and the key tool that drives simplicity

into our thinking, processes, systems and structures by

focusing on “the 20%” of any opportunity or problem that

drives “80%” of the results or outcomes. We use business

structure as a key simplicity tool: small, focused, & flexible vs.

large, complex, bureaucratic, & rigid.

respect trust

integrity

simplicityshared risk

Our Values

ZIP-PAKPATENTED

2000

Page 6: 2016 Make Your Mark at ITW

Voices of ITW

“ITW has tremendous scale and multiple platforms. It’s a place where you can learn about global and local markets and really challenge yourself.”Rebecca Vincent

Regional Sales Manager Foster Refrigerator, United Kingdom

“The unique operating philosophy drew me to ITW, along with the many career opportunities it offers employees.”Yun (“Daisy”) Zheng

Director, Human Resources ITW Automotive, China

“ITW offers a great environment for those who are ready to work hard and want to keep learning and growing professionally. It is a company that truly invests and believes in its employees.”

Mateus L. FurlanSales Manager

ITW Insulation Systems, Brazil

Page 7: 2016 Make Your Mark at ITW

“I love how multicultural and dynamic ITW is. We have people all over the world, doing everything, in all kinds of industries—but we share the same common values.”Jose Luis Serrada

Operations Manager, Body & InteriorSafety, Seats & Motion Division, Germany

“ITW’s core values are reflected in all aspects of the company, creating a workplace filled with people of integrity, intelligence and energy.”Shafaq Imtiazi

Project EngineerGlobal Tire Repair Division, United States

“I love what I do because as an engineer, ITW has shifted my thinking from ‘problem-solving’ to ‘value creation’. It is not about creating a product, it’s more about making the lives of our end-users easier through solutions that make a difference.”

Victor TruongApplication Engineer

ITW Brands, United States

Page 8: 2016 Make Your Mark at ITW

Business Segments

Components and fasteners for transportation-related applications

Automotive OEM

Arc welding equipment, consumables and accessories for industrial and commercial applications

Welding

Beverage multi-pack, plastic reclosable packaging, plastic consumables, and truce remanufacture and service

Specialty Products

Equipment and related software for testing and measuring materials and structures

Test & Measurement/ElectronicsFastening systems

and truss products for the commercial, residential and remodeling sectorsConstruction

Products

Adhesives, sealants, lubrication polymers and fluids for automotive aftermarket maintenance and appearance

Polymers & Fluids

Commercial food equipment and related service

Food Equipment

Page 9: 2016 Make Your Mark at ITW

Career Opportunities

THE STUDENT EXPERIENCEITW co-op and internship programs offer you a wide range

of opportunities to gain real-world work experience while

you’re completing your studies. You’ll have the opportunity

to network with ITW leaders, tour facilities and work hand

in hand with other ITW employees. With our diversified

business segments and a global reach, our interns develop

a wealth of knowledge in their selected disciplines.

NEW GRADUATESITW welcomes the fresh ideas and new perspectives of

recent college graduates. We offer challenging entry-level

positions and a leadership develop program to help you

gain valuable knowledge through assignments that will build

a strong foundation for the rest of your career.

EXPERIENCED PROFESSIONALSITW would not be where it is today without the talents of

our experienced professionals. We believe that outstanding

professionals who have worked in different environments

contribute to the innovation and entrepreneurial culture that

is an ITW hallmark, offering knowledge and experience that

make us stronger and more successful.

The Best Opportunities

MAKE A CAREER

ITW EMERGINGLEADERS

DEVELOPMENTPROGRAM

entry level

co-op internship programs

leadership development

experienced

Page 10: 2016 Make Your Mark at ITW

LEARN MORE ABOUT ITWITW’s large employee base is rich in cultural and ethnic diversity. In

fact, at many ITW businesses, you’ll find multiple languages spoken.

Diversity and inclusion nurtures innovation and new ways of thinking,

enhances customer relationships and strengthens ties to the local

and global communities where we do business.

Our Diversity and Inclusion Framework helps us SUPPORT and SUSTAIN ITW’s differentiated performance & values. Attracting and retaining the BEST TALENT that reflects our local and global markets helps us drive our enterprise strategy. We are a culture of diversity and inclusion that welcomes new experiences and encourages new ways of thinking.

Our various affinity groups or Employee Resource Groups (ERGs) help our employees feel connected as we seek to proactively maintain an INCLUSIVE workplace environment where we openly value UNIQUE qualities & seek different perspectives which contribute to INNOVATION.

Diversity and Inclusion

Our mission

women in technology young professionals

networkwomen’s leadership

development council

Page 11: 2016 Make Your Mark at ITW

This organization-wide commitment is deeply rooted

in our corporate values and our dedication to being a

responsible corporate citizen. ITW has strong leadership

support for both employee engagement and corporate

philanthropy, but it is truly our employees giving from their

hearts that drives much of the community investments

ITW makes at the local level.

EMPLOYEE GIFTS OF TIME AND MONEY GOES FURTHER WITH ITW SUPPORTITW believes strongly in supporting local nonprofit

organizations that employees care about most, and that

address local challenges and social issues. Through

the Hearts Giving Hope initiatives—which include

the matching gift and volunteer programs—the ITW

Foundation provides financial support to the organizations

our employees support with their personal gifts of time

and money.

MATCHING GIFT PROGRAMIf an employee donates at least $25 to an organization,

ITW will match it threefold, turning a gift of $25 from

an employee into $100 for the organization. The ITW

Foundation triple matches an employee’s contributions,

up to a total of $15,000 annually.

VOLUNTEER PROGRAMGiving of their time and talents is a powerful way for ITW

employees to get involved in their local communities. To

recognize these employee efforts, the Foundation gives

$10 for every hour an employee volunteers at a nonprofit

organization, up to 100 hours each year.

The Best PeopleMAKE THINGS HAPPEN

Committed to Our Communities

community support

volunteer hours

donations

ITW UNITED WAY

DAY OFCARING

In addition to this support, ITW also offers scholarships

for the children of employees and provides a Corporate

Match for every dollar raised through our annual workplace

giving campaign for United Way and its community

partner agencies.

Page 12: 2016 Make Your Mark at ITW

155 Harlem Avenue | Glenview, Illinois USA 60025 | Phone: 224.661.8870

www.itw.com/careers

MAKE YOUR MOVE

As a global, diversified, multi-industrial

manufacturer, you’re never more than a few steps

away from an ITW solution.

See what we have to offer. Bring your ideas to ITW

and make your mark on the world.