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Shareholder Focus - our management systems are aligned to support our corporate objective, which is to provide a satisfactory return to shareholders. We don't just talk about our objective - we make sure that it is happening in practice. |
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Growth Philosophy - it is impossible to predict the future with any reliability so we grow our business by taking incremental steps learning as we grow. |
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Structure - our business units operate autonomously, which means they are able to make their own decisions about how their business is run within performance and growth philosophy parameters. This recognises that divisional managers know more about running their business than anyone in the corporate office. |
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Climate - it is the climate within Wesfarmers that allows our financial focus to be translated into results. Our reputation is important so it is vital that we always act ethically and with integrity - this also makes people feel good about themselves and their working environment. We have mutual respect for each other, are open and without politics. We need to be able to take calculated risks and innovate to grow. |