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Wednesday, July 20, 2005

Baker Hughes' (BHI) Mission Statement

Core Values and Keys to Success

The Baker Hughes Core Values and Keys to Success are the basis for establishing a common culture for Baker Hughes. Our Core Values are: Integrity, Teamwork, Performance, and Learning. Our Keys to Success are four priorities that should guide decision-making in Baker Hughes: Engage People, Deliver Value, Be Cost Efficient, Resource Effectively.

Core Values


We believe integrity is the foundation of our individual and corporate actions that drives an organization of which we are proud.
  • We are a responsible corporate citizen committed to the health and safety of people, protection of the environment, and compliance with laws, regulations, and company policies.

  • We are honest, trustworthy, respectful and ethical in our actions.

  • We honor our commitments.

  • We are accountable for our actions, successes and failures.

We believe teamwork leverages our individual strengths.
  • We are committed to common goals.

  • We expect everyone to actively participate on the BHI team.

  • We openly communicate up, down, and across the organization.

  • We value the diversity of our workforce.

  • We willingly share our resources.

We believe performance excellence will drive the results that differentiate us from our competitors.
  • We focus on what is important.

  • We establish and communicate clear expectations.

  • We relentlessly pursue success.

  • We strive for flawless execution.

  • We work hard, celebrate our successes and learn from our failures.

  • We continuously look for new ways to improve our products, services and processes.

We believe a learning environment is the way to achieve the full potential of each individual and the company.
  • We expect development throughout each individual’s career by a combination of individual and company commitment.

  • We learn from sharing past decisions and actions, both good and bad, to continuously improve performance.

  • We improve by benchmarking and adopting best practices.

Keys to Success

People contributing at their full potential. Everyone can make a difference.
  • We understand our priorities and performance goals.

  • We drive to do our part every day.

  • We support new ideas and take appropriate risks.

  • We take action to find and correct problems.

  • We commend each other on a job well done.
Delivering unmatched value to our customers.
  • We make it easy for customers to do business with us.

  • We listen to our customers and understand their needs,

  • We plan ahead to deliver innovative, cost-effective solutions.

  • We are dedicated to safe, flawless execution and top quality results.
Being cost efficient in everything we do.
  • We maintain a competitive cost structure for the long-term.

  • We utilize shared services to control cost for the enterprise.

  • We seek the best value for Baker Hughes in our relationships with suppliers.

  • We ruthlessly eliminate waste without compromising safety or quality.
Employing our resources effectively.
  • We assign our people where they can make the biggest contribution.

  • We allocate our investments to leverage the best opportunities for Baker Hughes.

  • We handle company assets as if they were our own.

  • We manage our balance sheet to enhance return on investment.
Source: BakerHughes.com

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