Transcript Slide 1
VIRTUAL CORPORATE PRESENTATIONS
Meet & Greet with Fortune 100 Employers Online
October 22 – November 5, 2008
2008 VIRTUAL CORPORATE PRESENTATIONS
Welcome!
Announcements Introductions
2008 VIRTUAL CORPORATE PRESENTATIONS
Secondary Information October 22-November 5
Learn more the industry & current market dynamics Gain insights about company culture and MBA hiring opportunities Meet & Greet recruiting contacts Ask questions!
2008 VIRTUAL CORPORATE PRESENTATIONS
Coming Events: Virtual Corporate Headline for slide here
Company Host
Citi IBM J&J John Deere E&Y Goldman Sachs Bank of America Wachovia Merrill Lynch Chevron MetLife
2008 VIRTUAL CORPORATE PRESENTATIONS Presentation Schedule
10/22, 5-6pm 10/23, 5-6pm 10/27, 6-7pm 10/28, 5-6pm 10/29, 5-6pm 10/29, 6-7pm 11/3, 5-6 pm CANCELLED 11/4, 5-6 pm 11/4, 6-7 pm 11/5, 5-6 pm
Financial Services FAST Track Online Panel: Interview Do’s & Don’ts Monday, November 17 -- 5:00 to 6:00 pm EST
Are you getting ready to start the interview process? Need a refresher course on how to make a great first impression? Not sure what to expect given the economy?
Citi, Deutsche Bank and Goldman, Sachs & Co.
maximize your interview opportunities>> want to help you
--What to do before, during, and after the interview - Review typical types of interview questions and the content for a ½ hour interview
Learn how to market yourself from these leading recruiting experts!
2008 VIRTUAL CORPORATE PRESENTATIONS
Gaining the Competitive Advantage —Increase Comfort in the Stretch Zone Kathryn Mayer, CEO, KC Mayer Consulting February 17, 6pm EST
As women advance, they need to become career savvy which means that these women leaders know what smart career risks to take and how to manage them successfully. Smart risk taking comes from understanding the three zones of performance: comfort, stretch, and yikes; and learning how to thrive in the stretch zone.
The Balance Equation: Combining Work and Life without Subtracting Life Judith Finer Freedman, Founder of The Balanced Worker Project April 21, 6pm EST
Join in on this web seminar where you will learn the essentials for balancing work and home demands without compromising your career path. Judith will provide you with winning strategies for communicating your personal needs to managers, establishing equity as a new hire, and understanding best flexible practices in the field.
2008 VIRTUAL CORPORATE PRESENTATIONS
MARK YOUR CALENDARS!
• • •
MBA Women’s Conference
June 26-27, 2009 New York, NY
Career Fair
June 26, 2009
Dialogue With Leadership Luncheon
June 26, 2009 Deirdre Connelly, President, Lilly USA Pattie Sellers, Editor, Fortune
2008 VIRTUAL CORPORATE PRESENTATIONS
Power Tools!
Forté’s job finder, resume database, and online directory www.fortefoundation.org/powertools Upload your resume today!
Post your resume in our Power Tools job bank and browse job openings posted by leading organizations. Take control of your job search by using Forté’s Network of Women Leaders directory to identify job contacts or potential mentors.
2008 VIRTUAL CORPORATE PRESENTATIONS
Headline for slide here Format
25 minutes – company presentation 20 minutes screen – Q&A online via the Q&A section on the lower right hand corner of your computer 5 minutes – close session
2008 VIRTUAL CORPORATE PRESENTATIONS
John Deere is the world's leading provider of advanced products and services for agriculture and forestry and a major provider of advanced products and services for construction, lawn and turf care, landscaping and irrigation. John Deere also provides financial services worldwide and manufactures and markets engines used in heavy equipment. Powered by a diverse, global workforce, driven by values of integrity, quality, commitment and innovation, and renowned for excellence in everything they do, John Deere is more than a company. They are a uniquely global institution that offers an endless array of opportunities for career achievement and growth.
To learn more visit the website: http://www.johndeere.jobs
.
2008 VIRTUAL CORPORATE PRESENTATIONS
Headline for slide here Introduction
Krystal Williams Program Manager, Ag Strategic Manufacturing Deere & Company
Dan Schwartz Manager, Executive Recruiting Deere & Company
2008 VIRTUAL CORPORATE PRESENTATIONS
Growing a Business as Great as Our Products
Deere & Company Presentation
Agenda
Company Overview Global Growth Strategic Management Program
Founded in 1837, Deere Continues to Build on the Core Values of Integrity, Quality, Commitment and Innovation
World’s leading provider of advanced products and services for agriculture and forestry Major provider of advanced products and services for construction, lawn and turf care, landscaping and irrigation A leading worldwide manufacturer of off highway diesel engines One of the largest equipment finance companies in the U.S.
Key investor in alternative energy sources Exciting new entities: John Deere Intelligent Mobile Equipment Technologies, John Deere Landscapes, Wind Energy, Water Technologies
14
Deere is an American Icon with More Than 50 Years of Global Operations 15
Deere’s Strategy Continues to Drive Growth We aspire to distinctively serve customers — those linked to the land —through a great business, a business as great as our products. To achieve this aspiration, our strategy is:
Exceptional operating performance is both earning our customers’ business with highly valued product offerings and relentlessly improving global operations, highlighted by a focus on asset efficiency.
Disciplined SVA (Shareholder Value Added) growth is investing the cash generated from exceptional operating performance in energized growth initiatives that enhance SVA, in addition to directly returning it to our investors.
Aligned high-performance teamwork is linking employee, unit, and divisional goals and compensation to global enterprise objectives for exceptional operating performance and disciplined SVA growth
16
Improved Cost Control and Asset Management Has Led to Superior Sustainable Growth and Financial Performance Revenue (in Billions) 5 YR CAGR: 10.4% $21.9
$24.1
$25 $20 $15 $10 $13.3
$15.5
2001 2003 2005 2007 Cash Flow (in Billions) 5 YR CAGR: 20% $2.5
$2.0
$1.5
$1.0
$0.5
$ $0.2
2001 Net Income (in Billions) 5 YR CAGR 44% $0.6
2003 $1.4
2005 $1.8
2007 $2.5
$2.0
$1.5
$1.0
$0.5
$ $0.7
2001 $0.9
2003 $1.2
2005 $2.1
2007 17
SVA Metric Has Been Highly Effective in Driving Performance
2002 – 2007
$1,400 $1,000 $600 $200 ($200) ($600) 2002 2003 2004 2005 2006 2007
18
Deere & Company 2007 Revenue by Division C&CE $4.3B
18%
C&FD $5.1B
21%
JD Credit $2.2B
9%
Total Revenue $24.1B
Ag Division $12.5B
52%
19
Equipment Net Sales Outside the U.S and Canada Have More Than Doubled Since 2000
Aggressive Global Expansion
Net Sales Outside U.S. and Canada
$9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 2000 2001 2002 2003 Net Sales Outside U.S. & Canada 2004 2005 2006 2007 % of Total Net Sales 42% 35% 27% 20%
Net Sales by Major Markets
Fiscal Years 2007 and 2006 (in millions of dollars)
United States Canada Western Europe Central Europe & CIS Central & South America Asia, Africa & Middle East Asia Pacific, Australia & New Zealand Total 2007 $12,241 1,588 3,889 1,025 1,565 761 420 $21,489 2006 $12,246 1,605 3,248 674 979 691 441 $19,884 Change Flat -1% 20% 52% 60% 10% -5% 8%
21
Growth is Driven by Sustainable, Value Based Leadership 2008 Best Corporate Citizens
Deere & Company achieved its highest rank ever in the annual “100 Best Corporate Citizens” list, which scored Deere 4th among more than 1,000 publicly–traded, large-cap U.S. companies. The yearly evaluation is compiled by CRO magazine, a journal of The CRO, a membership organization for corporate responsibility officers. Among the categories evaluated by CRO, Deere scored especially well in climate change and human rights. Other strong scores for Deere came in philanthropy, environment and financial performance.
22
Innovation Drives Existing and New Growth Platforms CONNECTING LAND & LIFESTYLE
Enriching the experience of our customers through their interaction with the land, making our products as enjoyable as they are useful.
RENEWABLE ENERGY
Harnessing natural resources for sustainable energy generation.
ENVIRONMENTAL SUSTAINABILITY WORKSITE SOLUTIONS
Meeting customers needs through products and services that conserve natural resources and adhere to regulations.
CONNECTING LAND &
help our customers manage equipment, people, and time more effectively.
WATER MANAGEMENT MACHINE PRODUCTIVITY
Utilizing an important reusable resource in an efficient manner . Technology Advances, access to information, and automation, enabling customers to work harder, faster, and smarter.
23
Strategic Management Program Overview
Deere is Looking for Tomorrow’s Leaders
The Strategic Management Program is a General Management rotational program through which high-potential MBAs are recruited and developed for leadership positions Program established in 1995 to achieve business growth objectives and meet demographic challenges Over the next 5-7 years, Deere will retire 50% of its workforce Company is in growth mode with a mandate that 30% of growth come from new business SMPs are in high demand
24
Strategic Management Program Overview
Desired Skills
Employees with 4-6+ years of work experience Strong leadership potential Ability to work within a team and positively contribute to team success Willingness to relocate
Areas of Opportunity
International expansion General Management, Finance, Marketing, and Operations Entrepreneurial/high-tech
25
Strategic Management Program Overview
Expectations
Develop a broad understanding of the different business and growth areas Utilize skills to make contribution and drive increased business performance Further develop skills required for a management position Actively network with and engage fellow colleagues in ways that promote high performance teamwork
26
Strategic Management Program Overview
Benefits
Challenging positions and assignments “learning by leading” Senior Management mentoring Flexible - Tailored to individual and business needs Locations across the US and worldwide SMP networking and opportunities to build your internal network – SMP Conference Great people!
* SMP Conference Summer 2008
27
Strategic Management Program Overview
Next Steps
Sign up for on-campus recruiting – Fuqua – Kellogg – Tuck – U of Chicago GSB Not coming to your campus? Submit your resume to www.johndeere.jobs/smpintern Internship offers made in Jan-Feb Summer internships last 10-12 weeks Official full-time offers follow by early October (full time offers only extended to intern pool)
28
Nothing Runs Like a Deere
™
Type your questions in the online Q&A box.
2008 VIRTUAL CORPORATE PRESENTATIONS
--Thank you John Deere!
--Slide deck and recording of session will be posted on our online events web page.
--Thanks for attending!
2008 VIRTUAL CORPORATE PRESENTATIONS
Headline for slide here Introduction
Krystal Williams Program Manager, Ag Strategic Manufacturing Deere & Company
Dan Schwartz Manager, Executive Recruiting Deere & Company
2008 VIRTUAL CORPORATE PRESENTATIONS