Company - ITW
Illinois Tool Works (ITW) is a diversified manufacturing company with nearly 100 years of history in delivering specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. ITW has more than 825 decentralized business units in 52 countries that employ approximately 60,000 men und women. These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in patents and patent applications, witch currently exceeds 21,600.
Decentralized Business Model
We believe that our structure of 825 operating business units allows us to stay close to our customers and leverage intimate local market expertise to protect and foster entrepreneurial ingenuity and agility.
80/20 Business Simplification
With the steadfast application of out 80/20 business process throughout our businesses, we ensure that our primary focus stays right where it needs to be - on the key 20 percent of customers and core products that account for 80 percent of our sale. By doing so, we develop more relevant products and delivery solutions that are geared toward the most important customer needs and interests.
Innovation
Innovation takes on man forms at ITW, and is the by-product of our intimate understanding of what customers need and value most. Innovation appears in new products, product enhancements or market-specific modifications, process improvements, new distribution models and information resource sharing.
