SKF runs its own business excellence program for continuous improvement (Kaizen) of its business processes in all parts of the company. The program is based on previous initiatives like TQM and integrates with lean management also statistical methods of Six Sigma along with related project management.[8] Many elements of this SKF program remind of the integrated approach of the actual EFQM model for Business Excellence.

The Group has global certification to IS0 14001 (environmental management system), ISO 50001 (energy management) and OHSAS 18001 (health and safety) standards. Its operations are also certified to either ISO 9001 or applicable customer industry standards, e.g. ISO/TS 16949 (automotive), AS9100 (aviation) or IRIS (railway) for quality management systems.