With pressure to compete in an industry undergoing unprecedented change and consolidation, DTE's leadership team set out to grow the business and be a top-tier performer among strong competitors. Their challenge: DTE's cost structure and other key performance indicators lagged in comparison to many other energy companies. A key focus of their Performance Excellence Process was the significant reduction in cost and structural complexity within Corporate Support departments including warehousing, fleet management and supply chain.

Gas and electric; diversified energy production, trading, transportationg and marketing

• Serves over 3 million customers in southeastern Michigan
• Revenues: $9 billion; net income: $537 million; employees: 11,000

• Achieved earnings impact of over 20% of baseline

• DTE Energy Announces Strong 2006 Operating Earnings (140 KB PDF)
  
  DTE announces a significant increase in 2006 operating earnings along with a 50% increase in cash flow from operations. (March 26, 2007)


• DTE Energy Increases Quarterly Dividend, Issues 2007 Earnings Guidance Raises 2006 Earnings Guidance (140 KB PDF)
  
  DTE posts their first dividend increase in more than a decade, reflecting increasing cash flow and improving utility earnings. (December 6, 2006)