BTS to provide learning programs to Honeywell
10/31/2002 7:30 AM EST
BTS announced today that they will provide Honeywell, a diversified
technology and manufacturing company with 108,000 employees, with two
learning initiatives.
The first initiative is an annual executive program for 25 of the top
senior executives, and the second is a large-scale engagement to train
approximately 1200 mid-level managers and employees within the company
during the next few years. Both programs utilise a custom-tailored
business simulation, modelled on Honeywell's business and strategic
priorities.
The mid-level program is offered in both a 3-day classroom-based format
and a company-wide, global e-learning "tournament".
The goal for both initiatives is to further develop managers' and
employees' business acumen, focusing on the levers that can be used to
increase Free Cash Flow, and improve productivity and profitability
within Honeywell.
"BTS winning this assignment over from one of our American competitors,
proves that our simulation models are very competitive," says Henrik
Ekelund, President and CEO of BTS Group.
Honeywell International is a US $24 billion diversified technology and
manufacturing leader, serving customers worldwide with aerospace
products and services; control technologies for buildings, homes and
industry; automotive products; specialty chemicals, fibres and plastics;
and electronic and advanced materials. Honeywell is a Fortune 100
company, and one of 30 select companies represented by the Dow Jones
Industrial Average. Honeywell employs approximately 108,000 people in
nearly 100 countries. Additional information on the company is available
on the Internet at www.honeywell.com.
BTS is listed on the Stockholm Stock Exchange since 6 June 2001.
For further information please contact:
Henrik Ekelund, President and CEO of BTS Group AB, tel: +1 415 362 95 67
Jonas Åkerman, President BTS USA, tel: +1 (203) 316 2740
Christian Ankarcrona, Investor Relations, tel: + 46 8 58 70 70 00
Homepage; www.bts.com
BTS Group AB is an international training and consultancy company in the
field of business acumen. BTS uses tailor-made business simulations to
support company managers in implementing change and improving
profitability. BTS train the entire organisation to analyse and to take
decisions centred on the factors that promote growth and profitability.
This generates increased emphasis on profitability and market focus, and
supports day-to-day decision-making, which in turn leads to tangible,
sustainable improvements in profits. BTS customers are often
multinational companies. In 2001, BTS generated a turnover of SEK 197
million and has today 103 employees.