Strategic review
Corporate
responsibility
Principal risks
and uncertainties
Key performance
indicators
Our business
model
We set out our approach to doing
business responsibly and the importance
of the IMI Way.
We have in place a well-established risk
management structure and framework
which is designed to identify, manage
and mitigate the business risks we face.
Our business performance is measured
through Group-wide targets and
improvement measures.
Our business model is built around our
core strategic priorities of capitalising
on growth opportunities, operational
excellence, investment in product
development and targeted acquisitions.
24-27
30-33
28-29
13
In this section our Chief Executive Mark Selway reviews
the key events and developments that took place in
2014. We also explain the Group’s strategy which was
launched in 2014 following a detailed review of all
aspects of the business, our strategic priorities and the
enablers which will help us deliver our strategic goals.
Additionally, there are detailed explanations and case
studies on how the strategy is being implemented in
the businesses which cover operational improvements,
new product development, targeted acquisitions and
corporate responsibility.
Chief Executive’s Review
Mark Selway outlines early signs of
strategic progress
08-09
Main photo:
IMI Precision
Engineering colleagues
in their Birmingham UK
headquarters.
IMI plc
6
