Page 9 - Honeywell Annual Report 2021 comm 10 09 v17a.cdr

Our Strategy

Our business strategy is focused on

building growing and sustainable
business at the heart of the Nigerian 2,000+
food industry through a strong direct employees
position in the wheat-based segment
and a developmental agenda in the
indigenous carbohydrates segments.
We focus on delivering distinct
3 Locations Modern
benefits to consumers through the
2States Technology
food products we provide.

Supported by three strategic pillars; Growth, Efficiency and Capability, we will continue to relentlessly pursue long
term shareholder value maximization through a balanced top-line and bottom-line growth, and positively impact all
stakeholders: employees, consumers, business partners, and the communities where we operate from.

Ÿ Leadership
Ÿ Strategy
Ÿ Brands
Ÿ Innovation
Ÿ Marketing
Ÿ Sales
Growth

Efficiency

Ÿ Manufacturing assets
Ÿ Supply Chain processes Capability Ÿ Technology
Ÿ Continuous Improvement Ÿ Finance
Ÿ Human Capital
Ÿ Business Processes

10 HONEYWELL FLOUR MILLS | ANNUAL REPORT | 2021 World of Possibilities