Harman Kardon 2007 Annual Report Download - page 10

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I have a deep respect for the
opportunities created as billions of
new consumers across the global
markets open their wallets to
achieve lifestyle growth.
We will seize these opportu-
nities through new mid-
range consumer and auto-
motive products that improve
our volume leverage,
and through professional
products that serve the
dramatic growth expected
in entertainment and
sports facilities in the
developing world. As evidence of the continued
confidence of our OEM customers, we are launching
a record seven new vehicle platforms during 2007.
Our Professional systems are installed in prestigious
facilities around the world, including major
venues for the 2008 Beijing Summer Olympics.
As we continue this world-class tradition, we will
also improve and simplify our internal processes.
We will reconcile a diverse mix of activities span-
ning such functions as legal, human resources,
finance, information systems, communications,
and marketing. Our company has reached a size
where significant synergies in these areas are both
achievable and critical. The real focus will not be
just new tools – but a culture that drives the logic
for these tools. The prime objective will be lower
functional costs, coupled with better reporting,
greater consistency and faster communications.
A globally-networked company needs a globally-
networked team. It is often said that “what gets
measured gets done right,” and I have agreed with
my senior managers on a set of key measurements
that will clearly chart our progress. The goals
embodied in these measurements, along with
unquestioned integrity, value orientation and
innovation will be prerequisites for membership
on our team.
Harman’s brand legacy, quality products and
passion for excellence are admired throughout the
markets we serve. These factors led me to join this
company, and they will lead us together to reach
our full potential. I look forward to working
with our stakeholders as we chart our course of
sustained and increasingly profitable growth.
Sincerely,
Dinesh C. Paliwal
President, Chief Executive Officer and Vice Chairman
8 Harman International 2007 Annual Report
The new MyGIGTM system developed by Harman Kardon delivers the
next generation of multimedia excitement for the owners of Chrysler,
®
Dodge
®
and Jeep
®
vehicles.
The QNX
®
Neutrino
®
architecture offers product developers a robust,
protected software environment for embedded systems ranging from
multimedia platforms to medical instruments.
Harman strategic partnerships add excitement to
leading consumer products such as the Apple iPod
®
and iPhone
®
through modular, high-fidelity docking
and speaker systems.