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Annual Report 2010/11 - Sonova

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38<br />

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

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