CRS 9/13/2024 Shareholder/Stockholder Letter Transcript:
C ar p enterTe chn o lo g y.c o m
2024
Annual Report on
Form 10-K
AEROSPACE & DEFENSE
MEDICAL
ENERGY
TRANSPORTATION
INDUSTRIAL & CONSUMER
C ar p enterTe chn o lo g y.c o m
CARPENTER TECHNOLOGY STRATEGY
Distinctive product and process capabilities
Our driving force is to leverage our core
technical strength in engineered materials
and process capabilities to solve our customers
current and anticipated challenges.
We will grow in market segments where we can
provide differentiated and value-added solutions
to complex problems. We will solidify our
positionas the industry leader by being the
preferredsolutions provider and providing our
customersa competitive advantage.
Areas of excellence
Technology
development
Operational
excellence
Strategic
marketing
Talent
engagement
Respond quickly to customer technical questions
Rapidly translate customer needs into solutions
Develop proprietary and breakthrough products
Be safe and compliant
Practice system thinking
Develop and execute standard work
Identify and eliminate waste
Think, act, and execute in a future outcome manner
Translate broad strategies into actionable plans
Demonstrate market knowledge
Sustain a high-performance environment
Employ a living, strategic workplan
Establish and maintain process expertise
and excellence
Capture internal know-how
Employ root cause problem solving
Perform daily management
Control key process variables
Segment and target markets based on potential
value and growth
Provide timely customer solutions
Support the go-to-market approach and advantage
Acquire talent on an ongoing basis
Provide an attractive mix of rewards and
recognition
Develop talent based upon criticality to the
organization
Anticipate changing requirements of a shifting
workforce and marketplace
Create compelling careers
2
9/13/2024 Letter Continued (Full PDF)