Philips 2012 Annual Report Download - page 33

4 Our planet, our partners, our people 4 - 4
Annual Report 2012 33
system for executives to reflect line-of-sight
accountability and aligned it with the key performance
indicators of our Accelerate! mid-term 2013 financial
targets.
At the same time, we are augmenting our talent
management initiatives and focusing on the development
of a learning organization. For example, by upgrading and
expanding the various core, functional and market training
curricula offered to our employees.
Tracking progress
To understand exactly where we are on our Accelerate!
journey, we have launched a quarterly Change Adoption
survey. The survey provides us with a good indication of
what is going well – in order to build on it further – and
indicates where we need to improve. This supports the
momentum for our transformation.
Living the culture
Ultimately, Accelerate! is all about transforming ourselves
so that we can continue to be a great company – today,
tomorrow, and a hundred years from now. Our renewed
culture will make a decisive contribution in this regard, by
helping to make Philips an even more dynamic and
rewarding place for talented, dedicated, passionate people
to work.
To achieve our growth ambitions we
need a diverse workforce made up
of men and women of different
cultures, generations, talents and
backgrounds and an inclusive work
environment that values the different
skills, experiences and perspectives of
every employee.
As a global company, our customers
come from a multitude of countries
and cultures. Having a diverse
workforce where differences are
honored, respected and encouraged
to thrive, puts us in a stronger
position to mirror the markets we’re
active in, because we can understand
our customers and identify with their
needs.
As part of our efforts to reach out to
under-represented groups within
Philips, we have set up popular
networks for female employees and
for gay and lesbian employees.