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Kone
How does Kone steer urban mobility and growth?
Strategic foundations like mission and vision are roadmaps for long-term viability. For KONE, a leader in elevators and escalators with 2024 sales near 11 billion EUR, these guide innovation and daily operations across urban infrastructure.
KONE’s mission, vision and core values align technology and service to move over 1 billion people daily, shaping decisions amid shifting real estate dynamics and rising modernization demand. Learn more via Kone Porter's Five Forces Analysis
Key Takeaways
- KONE’s mission targets urbanization by making city mobility safe and smooth.
- The vision emphasizes user-centric solutions powered by digital intelligence and AI.
- Core values—Care, Customer, Collaboration, Courage—anchor culture and decision-making.
- 2024 revenue of 11 billion EUR reflects successful shift to modernization and services.
- Continued value alignment positions KONE to lead sustainable, people-focused urban infrastructure in 2025.
Mission: What is Kone Mission Statement?
Companys’s mission is 'to improve the flow of urban life by providing people flow solutions that make cities safer, smarter and more sustainable.'
Kone mission focuses on seamless People Flow for developers, building owners and millions of end-users worldwide, prioritizing innovation, safety and sustainability in rapidly urbanizing markets.
Optimizes movement in buildings to reduce congestion and enhance user experience across the lifecycle.
KONE DX Class elevators enable third-party integrations and smart services for connected buildings.
KONE 24/7 Connected Services uses AI to cut downtime by up to 50% for many clients as of early 2025.
Focuses on the world’s fastest-growing cities where vertical transport is critical for functionality.
Targets developers, facility managers and building owners with solutions that improve operational efficiency.
Designs energy-efficient equipment and services aligned with global sustainability goals and urban resilience.
Kone vision emphasizes leading People Flow innovation to make cities safer, more efficient and sustainable, supported by measurable service gains and digital-first products.
Read more in this analysis: Owners & Shareholders of Kone
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Vision: What is Kone Vision Statement?
Companys’s vision is 'to make the best products on earth, and to leave the world better than we found it.'
KONE’s vision is to create the best People Flow experience, leading smart-building integration where elevators become the building’s nervous system, using data from over 1.6 million maintained units (mid-2025) and technologies like UltraRope to enable hyper-tall mobility.
Focus on user journey and real-time analytics to improve People Flow and tenant satisfaction.
Position elevators as central systems in intelligent buildings for enhanced asset value.
Leverage machine learning on data from > 1.6 million units to tailor flows and reduce wait times.
Innovations like UltraRope support travel heights up to 1,000 meters, enabling new urban forms.
Move from vendor to partner for building owners, aligning with 2025 real-estate priorities on tenant experience.
Design solutions that improve energy efficiency and lifecycle performance across global portfolios.
KONE’s vision is future-focused: lead People Flow in smart buildings using data from over 1.6 million units and tech like UltraRope to support hyper-tall development and superior tenant experience; see related market analysis at Target Market of Kone.
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Values: What is Kone Core Values Statement?
Core values guide Kone's decisions, shaping safety, customer focus, teamwork and bold innovation across products and services; these principles underpin its mission, vision and sustainability goals. The four core values are Care, Customer, Collaboration and Courage, each driving measurable business outcomes.
Prioritizes safety and sustainability with a zero-compromise safety culture; Kone reached carbon-neutral operations in 2024 and aims for net-zero across the value chain by 2030.
Focuses on co-creation and tailored solutions; modernization revenue grew nearly 10 percent in 2024, reflecting demand for modular, cost-efficient upgrades that extend asset life.
Builds cross-industry partnerships and open APIs to integrate hardware, software and building ecosystems, accelerating smart-building services and digital adoption.
Drives innovation and business-model shifts such as subscription digital services and AI predictive maintenance, backed by increased R&D and a fail-fast culture.
Explore how Kone mission and Kone vision shape strategic decisions, investments and market positioning next; read more on the company's strategy in Growth Strategy of Kone
Values: Kone operates on four core values—Care, Customer, Collaboration, Courage—that define its corporate DNA and differentiate it from peers like Otis and Schindler; Kone core values explained with evidence from recent sustainability and revenue metrics.
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How Mission & Vision Influence Kone Business?
Mission and vision shape strategic priorities and resource allocation, guiding decisions from product development to geographic expansion. They set measurable targets and cultural norms that steer Kone's long-term investments and operational choices.
Kone’s mission and vision anchor its Rise strategy, linking purpose to measurable business goals.
- Mission: to improve the flow of urban life by making buildings better, safer and more accessible.
- Vision: to be the global leader in People Flow, driven by digital services and sustainability.
- Core values: customer first, collaboration, agility and care for safety and the environment.
- Measured targets include an adjusted EBIT margin target of 13 to 16 percent and over 1 million units connected to the cloud by 2025.
The mission steers Kone to prioritize modernization and service growth in Europe and North America to balance slower new-build markets in China.
Partnerships with AWS scale cloud-based People Flow solutions; connectivity metrics drive product roadmaps and revenue streams.
Rise strategy targets profitable growth with an adjusted EBIT margin goal of 13–16% and service-led revenue expansion.
The KONE Way ensures technicians’ actions align with the vision, embedding values into daily service delivery.
CEO statements emphasize a service-led future using technology to tackle urbanization challenges and improve customer experience.
By 2025 Kone reported over 1 million units connected to its cloud platform, a key KPI for digital growth and recurring revenue.
Read how these guiding statements translate into concrete improvements and KPIs in the next chapter: Core Improvements to Company's Mission and Vision. Competitors Landscape of Kone
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What Are Mission & Vision Improvements?
Four core improvements to a company's mission and vision can make them more future-ready, measurable, and aligned with 2025 sustainability and AI trends. These changes should integrate circularity, AI-driven services, multi-stakeholder value, and clearer metrics to track progress.
Refine the Kone mission to explicitly include circular design and end-of-life recycling, signaling commitment to material reuse and reduced lifecycle emissions.
Adjust the Kone vision to highlight AI-driven People Flow intelligence, reflecting 2025 advances where predictive maintenance and ML optimize uptime and energy use.
Expand statements to cover both people and autonomous vertical logistics (delivery robots, cargo lifts) to remain competitive as smart buildings integrate mixed mobility solutions.
Attach measurable goals (e.g., reduce product CO2e by 30%, increase predictive uptime to 99.5%) to mission/vision statements for transparent tracking.
Improvements: While KONE’s mission and vision are robust, there are opportunities for refinement to better align with 2025 market trends. The current mission, to improve the flow of urban life, could be strengthened by explicitly incorporating the concept of circularity; refining it to 'To improve the flow of urban life through sustainable and circular movement solutions' would emphasize lifecycle responsibility and recycling. Furthermore, updating the vision to 'To create the most intelligent and seamless People Flow experience' would center AI as core to services; expanding language to include both people and autonomous systems ensures relevance as smart buildings adopt mixed mobility. See this analysis of Kone's revenue and model for related context: Revenue Streams & Business Model of Kone
- What is Brief History of Kone Company?
- What is Competitive Landscape of Kone Company?
- What is Growth Strategy and Future Prospects of Kone Company?
- How Does Kone Company Work?
- What is Sales and Marketing Strategy of Kone Company?
- Who Owns Kone Company?
- What is Customer Demographics and Target Market of Kone Company?
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