What are Mission Vision & Core Values of NCAB Group Company?

NCAB Group Bundle

Get Full Bundle:

	BCG	$15	$10
	5 FORCES	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

What are the Mission, Vision, and Core Values of NCAB Group?

Mission and vision statements are foundational cornerstones for any business, articulating its purpose and aspirations. These strategic declarations act as a compass, directing business decisions and shaping corporate identity. For NCAB Group, a global supplier of printed circuit boards (PCBs), their mission, vision, and core values are crucial in navigating a complex global supply chain and a demanding technological market.

NCAB Group is a leading global PCB supplier, serving approximately 1650 customers across 45 markets. Their articulated mission, vision, and values ensure high quality, reliable delivery, and cost-efficiency, underpinning operations from design support to logistics. Explore their strategic position further with the NCAB Group BCG Matrix.

The NCAB Group mission focuses on delivering printed circuit boards (PCBs) to demanding customers across various industries. This includes sectors like aerospace, automotive, and medical, where reliability is paramount. The emphasis is on timely delivery, ensuring zero defects, and maintaining sustainable production practices, all while achieving the lowest total cost for clients. This approach underpins the NCAB Group's purpose and business philosophy.

Demanding Customers

NCAB Group serves demanding customers in critical industries, including aerospace, automotive, and medical, where PCB reliability is essential.

On-Time Delivery

A core aspect of the mission is ensuring PCBs are delivered precisely when needed, supporting customer production schedules.

Zero Defects

The company commits to providing defect-free PCBs, critical for high-performance and safety-critical applications.

Sustainable Production

NCAB Group prioritizes environmentally responsible manufacturing, reflecting a commitment to sustainability in its operations.

Lowest Total Cost

The mission includes optimizing costs for customers, providing value beyond just the purchase price.

Global Presence

NCAB Group's global footprint supports its mission by ensuring efficient supply chains and local support for diverse clients.

The NCAB Group mission statement emphasizes delivering high-quality PCBs to demanding customers, ensuring on-time delivery with zero defects, and producing them sustainably at the lowest total cost. This mission is central to the NCAB Group's company culture and strategic goals, aiming to provide reliable PCBs where failure is not an option. For example, in 2024, NCAB Group was awarded an EcoVadis silver medal for its sustainability efforts, demonstrating its commitment to environmentally responsible practices. This focus on quality and sustainability supports the company's vision for sustainable business and market leadership. More details on their strategic approach can be found in the article on the Growth Strategy of NCAB Group.

NCAB Group SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

NCAB Group's vision statement emphasizes market leadership in the PCB industry, aiming to be the top producer globally. This includes excelling in expertise, service quality, sustainability, and technology. The company seeks to attract leading customers with significant projects, partner with top factories, and employ the best personnel. This vision supports NCAB Group's strategic goals of increasing market share and expanding geographically.

Market Leadership

The vision targets being the foremost PCB producer, reflecting a commitment to industry dominance.

Global Ambition

The phrase 'wherever we are' signifies a global reach and presence in diverse markets.

Excellence Focus

Emphasis on expertise, quality of service, sustainability, and technology drives operational excellence.

Customer Attraction

The company aims to attract the best customers with the most attractive and important projects.

Strategic Partnerships

A goal to collaborate with the best factories ensures high-quality production and supply chain strength.

Talent Acquisition

Attracting and retaining the best personnel is crucial for achieving strategic objectives and innovation.

NCAB Group's vision, 'The number 1 PCB producer – wherever we are,' reflects a clear aspiration for market leadership. This vision is supported by the company's strategic plan, which includes active mergers and acquisitions, with six acquisitions completed in 2024/2025. The company's presence in 19 countries underscores its global scope. This commitment to leadership is rooted in a focus on expertise, quality of service, sustainability, and technology. For a deeper dive into the company's foundational principles, explore the Mission, Vision & Core Values of NCAB Group. The NCAB Group vision for the future involves attracting the best customers, factories, and personnel, reinforcing its ambition to be a leading player in key regions like Europe, North America, and East Asia, thereby solidifying its NCAB Group vision and market leadership.

NCAB Group PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The NCAB Group's core values are fundamental to its operational success and strategic direction. These values, developed collaboratively by all personnel, guide daily operations and foster a strong company culture.

The four core values of NCAB Group are Quality First – Always, Strong Relationships – Makes the Difference, and Full Responsibility – Easy to Say, Harder to Deliver. These principles ensure customer satisfaction, foster strong partnerships, and uphold accountability across all business functions.

Quality First – Always

This core value emphasizes that timely delivery with zero defects is paramount for customer satisfaction. It ensures meticulous design and production processes, with quality control from the initial design phase through to final delivery, fostering a mindset of continuous improvement.

Strong Relationships – Makes the Difference

NCAB Group believes that business is conducted between people, not just companies. This value highlights the importance of knowing customers, colleagues, and factory partners to foster close interactions and open dialogue, which is crucial for achieving high quality and sustainable production.

Full Responsibility – Easy to Say, Harder to Deliver

This value underscores NCAB's commitment to taking complete ownership of the PCB, from design to series production. It means that if a problem arises, NCAB Group owns the problem and works diligently to find a solution, ensuring peace of mind for customers.

Customer Focus and Reliability

While not explicitly listed as a separate core value, customer focus is deeply embedded in NCAB Group's operations, driven by its commitment to quality, strong relationships, and full responsibility. This ensures dependable PCBs essential for critical electronic equipment, aiming for zero defects and selling sleep to its clients.

These core values differentiate NCAB Group by creating a unique corporate identity centered on reliability, trust, and comprehensive accountability in a critical and complex industry. To understand how these values align with their market approach, explore the Target Market of NCAB Group. Discover how their mission and vision influence the company's strategic decisions in the next chapter.

NCAB Group Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

A company's mission and vision are foundational to its strategic direction, guiding decisions from market entry to product development.

These statements articulate the company's purpose and its aspirations for the future, directly influencing how it operates and grows.

NCAB Group's Mission and Vision: Driving Strategic Decisions

NCAB Group's mission and vision are deeply integrated into its business strategy, focusing on market leadership and customer satisfaction.

• The vision to be 'the number 1 PCB producer – wherever we are' fuels market consolidation efforts.
• The mission to provide 'PCBs for demanding customers, on time with zero defects, produced sustainably at the lowest total cost' guides product development and customer engagement.
• Strategic pillars include increasing market share in key regions, growing with existing customers, geographical expansion, and market consolidation.
• Acquisitions in 2024, such as DVS Global and B&B Leiterplattenservice GmbH, exemplify the pursuit of market position and geographical reach.
• The company prioritizes technical support and advice from the design stage to ensure reliable PCB solutions for demanding sectors.

Market Share Growth

NCAB Group aims to increase its market share in Europe, North America, and East Asia, a key component of its strategic plan.

Customer Relationships

Growing with existing customers is a core strategic pillar, emphasizing the importance of strong, long-term partnerships.

Geographical Expansion and Consolidation

The company actively pursues geographical expansion and market consolidation, as evidenced by multiple acquisitions in 2024 and an active pipeline for 2025.

Quality and Sustainability

The mission statement's emphasis on 'zero defects' and 'produced sustainably' drives a focus on quality and responsible manufacturing practices.

Financial Performance Influence

While market conditions impacted 2024 performance, with EBITA decreasing by 30% to SEK 450 million, the strategy remains focused on achieving 'healthy profitability'.

Operational Culture

The company fosters a culture of quality, strong relationships, and full responsibility, aligning daily operations with its core mission and vision.

NCAB Group's mission and vision directly shape its strategic decisions, from market expansion to operational focus, underscoring their critical role in the company's direction. Explore the Brief History of NCAB Group to see how these principles have evolved.

NCAB Group Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔

Enhancing NCAB Group's mission and vision statements can provide a clearer articulation of their unique market position and future aspirations. These refinements can better reflect their operational model and commitment to innovation and sustainability.

Refining the Mission to Emphasize Supply Chain Management

The NCAB Group mission could be strengthened by explicitly highlighting its role as a supply chain manager and integrator, reflecting its asset-light model and extensive network of partner factories. This would better communicate their expertise in navigating global manufacturing complexities for clients.

Integrating Forward-Looking Technological Commitments into the Vision

To align with industry best practices, the vision could incorporate a more explicit commitment to driving innovation in PCB technology and embracing circular economy principles. This would position the company to address emerging technologies and evolving consumer demands for sustainable electronics.

Clarifying the NCAB Group Mission Statement

The current NCAB Group mission statement focuses on delivering PCBs with the lowest total cost, emphasizing quality and reliability. A potential enhancement would be to incorporate language that underscores their function as a comprehensive PCB supply chain partner, managing the entire process from design to delivery.

NCAB Group Vision Statement Explained

NCAB Group's vision is to be the leading global provider of PCBs, driven by a commitment to sustainability and customer satisfaction. This vision aims to achieve market leadership through continuous improvement and a focus on long-term partnerships, as detailed in the Competitors Landscape of NCAB Group.

Understanding the NCAB Group mission and vision is crucial for grasping their business philosophy and strategic direction. The company's purpose is deeply intertwined with its commitment to providing high-quality Printed Circuit Boards (PCBs) while managing the complexities of the global supply chain. Their mission statement emphasizes delivering PCBs with the lowest total cost, underpinned by a dedication to quality, reliability, and efficient delivery. This focus is supported by their operational model, which leverages a network of carefully selected partner factories, allowing them to offer flexibility and expertise without extensive in-house manufacturing assets.

The NCAB Group vision statement articulates an ambition to be the leading global provider of PCBs. This aspiration is not merely about market share but also about setting industry standards in terms of customer service, technological advancement, and sustainable practices. The company's approach to achieving this vision involves a strong emphasis on building long-term relationships with both customers and suppliers, fostering a collaborative environment that drives mutual growth and innovation. This strategic outlook is reflected in their consistent efforts to expand their global reach and enhance their service offerings.

The core values driving NCAB Group's success are fundamental to their company culture and operational conduct. These values typically revolve around integrity, customer focus, and a commitment to excellence. For instance, their dedication to ethical conduct ensures that business is conducted with transparency and fairness. In terms of customer focus, NCAB Group strives to understand and meet the specific needs of each client, offering tailored solutions and responsive support. This client-centric approach is a cornerstone of their business model, aiming to build trust and loyalty.

Furthermore, NCAB Group's commitment to employee development plays a significant role in their overall strategy. By investing in their workforce, they ensure that their team possesses the necessary skills and knowledge to navigate the dynamic electronics industry. This focus on people contributes to a strong organizational culture where collaboration and continuous learning are encouraged. The company's mission statement for employees likely centers on empowering them to contribute to the company's goals through dedication and expertise.

In terms of financial performance and strategic goals, NCAB Group has demonstrated a steady growth trajectory. For example, in 2023, the company reported strong financial results, with net sales reaching SEK 12,490 million, an increase of 10% compared to the previous year. This growth was driven by a solid performance across various markets and product segments. Their strategic goals are often aligned with expanding their market presence, particularly in high-growth regions, and investing in digital solutions to further optimize their supply chain management capabilities. The company's vision for sustainable business is also a key driver, integrating environmental and social considerations into their operations and decision-making processes.