Being the German winner means that MDC Power ranks with the best in the world in one of the top international competitions in the industrial and services sectors. “It’s very prestigious to be recognized in this way,” said Managing Director Dr. Sven Breitschwerdt at the awards ceremony. “All 1,700 of us, from managers in their offices to assembly workers on the factory floor, work hard every day to keep our growing company efficient. Being singled out as the ‘best company’ is very encouraging and will make us even more motivated.”
The panel of judges comprised experts from the business schools WHU Otto Beisheim, INSEAD and WirtschaftsWoche, a German business magazine. After visiting the MDC factory, the judges said they were particularly impressed with the consistent focus on core processes, the exemplary way in which responsibilities were divided between personnel and the high degree of flexibility.
Companies that enter the ‘Best Factory’ competition are evaluated according to criteria relating to performance that is above average and sustainable, with particular attention being paid to how they implement their corporate strategy in all areas. From key performance indicators to staff engagement to corporate culture, the ‘Best Factory’ recognizes the entire spectrum of factors that make a business successful.
