Motorola 2010 Annual Report Download - page 3
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March 2011
Our New Journey As Motorola Solutions
I am pleased to report that with the successful completion of our separation, Motorola Solutions has
embarked on a new future with a sharpened strategic and operational focus that is both clear and
purpose-driven. We are a market leader in mission-critical communication solutions for both
government and enterprise, and we will continue to build on that foundation in 2011 and beyond.
Our focus begins with our employees, who come to work each day to help our customers be their
best in the moments that matter. When a mine tunnel collapsed in Chile late last year, 33 men were
buried alive nearly 2,500 feet below the ground. Sixty-nine days went by as the world watched with a
unified hope for recovery. On the surface, Chilean officials coordinated an unprecedented operation
that included our two-way radios, which kept rescue workers seamlessly connected to the miners
throughout the entire ordeal. That’s what we do at Motorola Solutions … we connect, mobilize and
innovate with the customer always at the forefront.
And, when we began this new journey as Motorola Solutions, we did so from a position of strength
and with new opportunities. Consider the following:
As an independent company, we are able to design and implement strategies and policies that are
specific to the markets we serve, including customers, sales cycles and product-life cycles. And,
Motorola Solutions has increased flexibility to make acquisitions and form partnerships and alliances
in our target markets.
We are now able to concentrate our resources, including about $1 billion in annual research and
development, on our markets, our customers and our core-business opportunities. And, we can build
on our outstanding relationships with our diverse, blue-chip customers in both government and
enterprise markets.
Our new focus enables us to recruit and retain employees who have the expertise to meet the needs
of our specific business. And, the value of equity-based incentive compensation plans are now more
closely aligned with the performance of our business, driving employee attraction to our company
while allowing us to better retain qualified individuals at all levels within the company.
We are now able to better access the capital markets in a way that complements our growth
strategies and are able to establish an appropriate capital structure for our unique business needs.
Finally, we are now able to spend more time with investors who are focused on our business and our
performance, as well as the financial returns associated with our company. In turn, investors are
better able to evaluate our business, its merits and the future prospects we have to offer.