Hansel’s vision is to be the engine of efficient procurement in the government sector. The company’s strategic objective is to assume a stronger role in developing government procurement and to collaborate actively with government entities.
We want to lead the way in responsible and innovative public procurement, to increase our offering in tendering-related consultancy services, and to introduce electronic tendering tools. In this strategy period, we will also focus on co-operation with customers and suppliers, on contractual supervision and on developing staff competence.
The five-year strategy was adopted at the beginning of 2013. In an interim assessment completed in October 2014, Hansel’s Board of Directors concluded that the strategy implementation has progressed according to plan.
It was also concluded that, since the beginning of the strategy period, no material changes have occurred in Hansel’s business environment that would require strategy revision.
Vision for 2017: Engine of efficient procurement in the government sector
CSR aspects are extensively accounted for in Hansel’s strategy. Responsibility is promoted through the framework agreements in particular, which set certain CSR-related requirements on tenders.
Regarding Hansel’s own operations, corporate social responsibility primarily involves reducing environmental impacts, engaging in proper financial administration, making efficient use of resources, ensuring the occupational well-being of personnel, and improving customer and supplier satisfaction.
Risks and risk management
The risks related to Hansel’s operations are analysed in connection with annual strategy updates. Every few years, in addition to normal risk assessment, Hansel conducts a more comprehensive risk analysis, in co-operation with risk management experts.
In general, the key risks faced by Hansel are related to contracting activities – the tendering process in particular.
The most recent risk assessment was completed in February 2013. As a result, 27 risks were identified and assessed, with respect to the probability and magnitude of their consequences, should the risks be realised. On the basis of this information, risks were placed in a so-called risk matrix.
For each risk the causes and consequences were discussed, as well as actions to reduce the risks. Risks include changes in legislation and legal practices, major damages or refunds, and risks associated with the availability of workforce or coping at work.
A special risk connected with the state’s Electricity framework agreement applies to the state’s electrical derivatives, which are in liquidation in Hansel’s name on Nasdaq OMMX Stockholm Ab. The matter is described in more detail in the notes to the Financial Statements 5.1, Securities and Liabilities.