The Odebrecht Group
ODEBRECHT ENTREPRENEURIAL TECHNOLOGY
The Odebrecht Entrepreneurial Technology (TEO) provides the basic ethical, moral and conceptual touchstones for Odebrecht Group members’ work.
A philosophy of life centered on work and education, TEO values and appreciates the strengths of human beings, which include the desire to give service to others, the ability and drive to develop, and the will to surpass their previous results.
People’s work is decentralized. Through a process of planned delegation based on trust and partnership between leaders and team members, each individual is responsible for carrying out his or her Action Program and has the autonomy to do so. Partnership is put into practice through each Group member’s active participation in the conception and execution of their work, and therefore in the production and sharing of the results achieved.
These practices enable the Group to meet its clients’ needs, add value to shareholders’ assets, reinvest results, and grow on several fronts at once while maintaining a common strategic direction and unified, consistent thinking and action.
Rodrigo Carnaúba and Márcia Silva, from Braskem
Entrepreneurs of the future
In 2006, Braskem held its inaugural PDE, which involved 36 young members of that company. The five-month program focused on the principles and values of the Odebrecht Entrepreneurial Technology (TEO) by encouraging open dialogue between the participants and members of other generations: “Exchanging experiences was fundamental because we learned from the situations that leaders from the Group’s three generations have lived through,” says Márcia Silva, who took part in the PDE.
The young participants also reflected on the new horizons opening up for the petrochemical business, the company’s strategies, financing, and operational excellence.
“We expanded our holistic outlook and our ability to make decisions with a focus on creating value for our shareholders, clients, partners and communities,” says Rodrigo Carnaúba, another PDE participant.
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