Our Strategy

Strategic Approach

Our strategy is focused on creating long-term sustainable value and driving profitable growth by providing expert solutions and services that deliver increased productivity and improved outcomes for professionals. It is centered around accelerating organic growth through consistent investment in product innovation, thus enhancing our competitive strength. For over 20 years, we have invested in developing new and enhanced products to solve customer challenges, and in each of the last few years, we have reinvested 11% of revenues into product development.

We supplement organic growth with thoughtful acquisitions that enhance our value and market positions. Recognizing ‘where we play’ is a significant driver of value creation and growth in the portfolio, we continuously evaluate adjacent market segments, assessing them on their market attractiveness and our ability to win. Acquisitions must fit our strategy, strengthen or extend our existing business, generally be accretive to diluted adjusted EPS in their first full year, and, when integrated, deliver a return on invested capital above our weighted-average cost of capital (8%) within three to five years. We regularly review our businesses and may make divestments to support our long-term strategy.