Message from the CEO

The Borusan Way and our 2010 Targets

While creating our strategic growth plans for the past fi ve years we selected ambitious targets and in order to reach these goals we redefi ned the rules of the game. As a consequence of this process the rules we defi ned, with respect to Profi table Growth, Operational Excellence and Strategic Market Positioning, helped us defi ne what we now call the “Borusan Way.” The components of the “Borusan Way” serve to guide us in these primary areas and not only allow us to have access to the business methodologies of the global economy’s most modern, innovative and successful companies, but also infuse us with confi dence concerning our future.

Our healthy and powerful fi nancial position is a rich heritage that will be the most important endowment for future generations. It also forms the basis of our policies pertaining to “sustainability.” Despite the global economic crisis we are experiencing, the ideal of passing on the values of our past 64 years to future generations is a goal we cannot and will not relinquish.

The implementation our disciplined management style, called the “Borusan Way,” enables us to perfect our methods of doing business by monitoring the following factors under the primary sustainability headings of Profi table Growth, Operational Excellence and Strategic Market Positioning:

  • Long term planning
  • The coordination of activities and simultaneous growth with our established global business partners in the sectors in which we are actively involved.
  • The assessment of new business areas which will create synergy with our present ones, plus potential entry based on advantageous conditions
  • Focusing on the customer through our CRM and Customer’s Voice Applications
  • Maintaining market leadership
  • Complete transparency with regards to corporate governance and relations with our shareholders
  • The creation of maximum profi ciency and profi tability by integrating the 6 Sigma Management Methodology with simplifi ed management tools
  • The preparation of a high quality and devoted management and workforcee

These components of the “Borusan Way” will guarantee our sustained growth. Therefore, this report has been prepared on the basis of our desire to obtain sustainable growth by doing our job well, to be a good corporate citizen and, to the best of our abilities, fulfi ll our responsibilities to our environment, society and nation. The development performance presented in this report has been carefully prepared on the basis of the internationally accepted Global Reporting Initiative (GRI) G3 global sustainability reporting guidelines and is likely to become one of our most important success criteria in the years ahead.

Borusan is currently viewed as an exemplary Turkish company because of its sustainability ideology and I have no doubt that we will continue to improve on this prominent standing. Our 2007-2008 Sustainability Report is perhaps the most conclusive confi rmation of my convictions. I would like to offer my deepest appreciation to all the persons involved in preparing this report.

Agah Uğur
CEO
Borusan Holding