| MASTER LOCK - VALUE STATEMENT |
| A
FRAME WORK FOR DECISION MAKING |
| WIN
THE MARKET PLACE |
| Focus
externally on customers, consumers, and competitors |
| BE
RESPONSIVE |
| Provide
the highest possible levels of customer satisfaction on the complete
set of products and services offered. |
| DELIVER
ON COMMITMENTS |
| To
our customers, employees, and shareholders. |
| ENCOURAGE
EMPLOYEES |
| Build
employee ownership and business focus. Encourage entrepreneurial risk
taking, openness, honesty, and learning from our mistakes. |
| WORK
WITH A SENSE OF URGENCY |
| And
a bias for stretch rather than frenzy |
| BECOME
THE LOWEST TOTAL COST PROVIDER |
|
