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1. • • The “ITW Toolbox,” a set of business rules that includes the 80/20 business model, is integrated within ITW operations.
     www.itw.com/about-itw/history/

     ITW Company History

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   What is the ITW toolbox?

   • Top-down functions are few—rigorous policy and a culture of shared risk support business-level decisions. The “ITW Toolbox,” a set of business rules that includes the 80/20 business model, is integrated within ITW operations. Approximately 100 worldwide acquisitions throughout the 1990s expand ITW’s global presence.

   ITW Company History

   www.itw.com/about-itw/history/

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   What is the ITW business model?

   • The ITW Business Model is a powerful and proprietary set of strategic, operational and cultural practices that have been in a state of continual development and evolution inside the company for over 30 years. It is ITW’s defining competitive advantage and it is the value we add to all our divisions.

   ITW Business Model

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   What does ITW do?

   • ITW forms Fastex to bring to market fasteners and components outside of automotive applications, including innovative electric switches and Spiroid® right-angle gear, that expand the company’s reach into the computer and defense markets. ITW expands to England to serve the auto market in Europe.

   Our Company | ITW Automotive

   www.itwautomotive.com/our-company/

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   How does ITW innovate?

   • Customer-Back Innovation: How We Innovate At ITW, we innovate from the customer back, not from the research and development center out. Our divisions partner with their key customers to solve difficult technical challenges and improve business performance.

   ITW Business Model

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   Who is Illinois Tool Works?

   • Illinois Tool Works (ITW) is founded. ITW acquires Shakeproof Screw and Nut Lock Company to deliver innovative washers to the automotive industry, starting with the Model T, that are designed to prevent fasteners from loosening due to vibrations.

   Our Company | ITW Automotive

   www.itwautomotive.com/our-company/

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   Why is ITW a 100-year-old company?

   • In 2012, ITW proudly celebrated its 100-year anniversary, launching another century of manufacturing excellence. ITW also began implementing a company-wide Enterprise Strategy, centered on generating maximum performance through ITW’s differentiated business model.

   ITW Company History

   www.itw.com/about-itw/history/

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3. www.itw.com › about-itw › itw-business-modelITW Business Model

   www.itw.com › about-itw › itw-business-model

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   The ITW Business Model is a powerful and proprietary set of strategic, operational and cultural practices that have been in a state of continual development and evolution inside the company for over 30 years. It is ITW’s defining competitive advantage and it is the value we add to all our divisions.

   • History

     The “ITW Toolbox,” a set of business rules that includes the...

   • About ITW

     The ITW Business Model is a powerful and proprietary set of...

4. www.itw.com › about-itw › historyITW Company History

   www.itw.com › about-itw › history

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   The “ITW Toolbox,” a set of business rules that includes the 80/20 business model, is integrated within ITW operations. 1990s Approximately 100 worldwide acquisitions throughout the 1990s expand ITW’s global presence.

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5. www.stranberg.com › post › itw-80-20The 80/20 Principle: Implementing ITW's Iconic Best Practice

   www.stranberg.com › post › itw-80-20

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   Oct 4, 2020 · Illinois Tool Work (ITW), the often-benchmarked diversified manufacturing business, has built its success around the 80/20 process, customer-back innovation and a decentralized entrepreneurial culture.

6. sensiblemfg.com › 2018/05/08 › what-exactly-is-8020What exactly is 8020? – Mike Walther's Sensible Manufacturing

   sensiblemfg.com › 2018/05/08 › what-exactly-is-8020

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   May 8, 2018 · If you’re familiar with customer/product or industry/technology matrices used during an environmental assessment in strategic planning, then you already know something about ITW’s approach. Set up a spreadsheet with your customers down the vertical axis and the products they buy across the horizontal axis.

7. www.itwautomotive.com › our-companyOur Company | ITW Automotive

   www.itwautomotive.com › our-company

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   The ITW Toolbox introduces business rules including the 80/20 business model which establishes a culture of shared risk and enhanced decision-making with increased business unit autonomy. 1990s With an estimated 100 acquisitions worldwide, ITW expands its global footprint and patent portfolio in the 1990s.

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8. www.itw.com › about-itwDiscover ITW | ITW

   www.itw.com › about-itw

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   The ITW Business Model is a powerful and proprietary set of practices comprised of three elements: The ITW 80/20 Front-to-Back Process is a set of tools and methodologies that we apply in every division. Customer-Back Innovation is a key contributor to driving profitable growth at ITW.

9. networkdesignbook.com › itws-use-of-the-8020-ruleITW’s use of the 80/20 Rule | Supply Chain Network Design

   networkdesignbook.com › itws-use-of-the-8020-rule

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   Oct 17, 2012 · ITW’s 80/20 rule suggests another way build models– only build models that include the 20% of the customers or products that drive 80% of the business. This simplifies your model and gets you focused on the most important parts of your business.