Annual Report 2010/11 - Sonova
Annual Report 2010/11 - Sonova
Annual Report 2010/11 - Sonova
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The Code of Conduct is binding for all employees working<br />
in the <strong>Sonova</strong> Group. Web-based training programs are<br />
continuously held across the Group. <strong>Sonova</strong> also operates a<br />
Compliance Hotline which gives all <strong>Sonova</strong> Group employees<br />
the opportunity to voice their concerns anonymously. Calls<br />
are answered by independent specialists and routed to the<br />
relevant office within the company for further processing.<br />
EMPLOYEES BY ACTIVITY <strong>2010</strong>/<strong>11</strong><br />
Following the expansion of company activities, the <strong>Sonova</strong><br />
Group employed a total of 7,840 (previous year: 6,843) staff<br />
as of March 31, 20<strong>11</strong>, which represents approximately 15%<br />
more than the previous year. The increase in headcount can<br />
mostly be attributed to organic growth in the distribution<br />
companies and in production. The sales and marketing organization<br />
has been further expanded to improve market<br />
coverage and meet the increased demand for hearing solutions.<br />
New jobs were created in operations to keep up with<br />
the increase in the Group’s sales volume.<br />
The consistently high importance of research and development<br />
is reflected in an increase in headcount in this area<br />
from 481 employees to 525.<br />
EMPLOYEES BY ACTIVITY <strong>2010</strong>/<strong>11</strong><br />
Research and Development<br />
Operations<br />
Sales and Marketing,<br />
General and Administration<br />
4,261<br />
EMPLOYEES BY REGION <strong>2010</strong>/<strong>11</strong><br />
Switzerland<br />
EMEA (excl. Switzerland)<br />
Americas<br />
Asia/Pacific<br />
1,812<br />
2,962<br />
525<br />
3,054<br />
1,141<br />
1,925<br />
CUSTOMERS AND SUPPLIERS<br />
Another critical success factor lies in the sustainability of<br />
relationships with customers and suppliers. The highest<br />
possible levels of reliability, quality, and transparency in<br />
our business relationships form the basis for successful,<br />
long-term collaboration.<br />
For <strong>Sonova</strong>, creating sustainable added value means more<br />
than just delivering top-quality, technologically advanced<br />
products to its customers. Service, training, and the quality of<br />
advice offered to end users also play a key role. <strong>Sonova</strong> thus<br />
actively promotes continuing professional development for<br />
hearing specialists and the company organizes or supports a<br />
series of conferences and conventions with its different brands.<br />
Today’s conferences and training take place both in person<br />
and virtually. In November <strong>2010</strong>, more than 500 people<br />
attended the pediatric conference “A Sound Foundation<br />
through Early Amplification” in Chicago. More than 20<br />
sessions with renowned international speakers were offered<br />
at the fourth virtual audiological conference organized by<br />
Phonak in June <strong>2010</strong>.<br />
Also in its dealings with suppliers, <strong>Sonova</strong> values high<br />
quality and sustainable business relationships. <strong>Sonova</strong><br />
has a Group-wide set of supplier guidelines; compliance<br />
with these guidelines is monitored on a regular basis.<br />
These guidelines clearly define the management principles<br />
and working and environmental standards that are<br />
binding for all <strong>Sonova</strong> suppliers. Through these guidelines,<br />
the Group makes an active contribution to combating<br />
illegal activities such as child labor, corruption, and labor<br />
law violations as well as environmentally harmful business<br />
activities. The Group expects its employees and suppliers<br />
to conduct themselves in a manner compatible with<br />
generally recognized ethical principles.<br />
PRODUCTS<br />
The production of hearing systems requires the highest<br />
quality standards. To achieve this target, <strong>Sonova</strong> has<br />
made a commitment to upholding specific international<br />
sustainability and quality principles.<br />
<strong>Sonova</strong>'s quality management system focuses on customer<br />
orientation, customer satisfaction, and continuous improvement<br />
of products and processes. This is assured through