Siemens 2005 Annual Report Download - page 9

9
Letter to our Shareholders
■People Excellence: We are working to create a uniform high-performance culture
Company-wide – one that motivates our people to excel at everything they do. After
meeting with countless employees worldwide, I know our employees are excited
about our people excellence programs. We are also increasing our global talent
pool, establishing career tracks for specialists and offering a new curriculum for
our Siemens Leadership Program.
■Corporate Responsibility: We are committed to being an active and responsible
member of every community where we do business worldwide and we’ve set
the goal of becoming best-in-class in corporate governance, business practices,
sustainability and corporate citizenship.
Megatrends: Driving our customers’ markets
Fit4More is a short-term plan that sets the foundation for our long-term future as a
world-class company in every segment and every activity of our business. Our business
is based squarely on opportunities in markets derived from the major megatrends
of tomorrow – namely changing demographics and the growth of cities worldwide.
We have tremendous contributions to make in both areas.
Today’s population of more than six billion will swell to eight billion by 2020 and
life expectancy will increase in industrialized countries as well as emerging markets.
At the same time, according to the United Nations, for the first time in human history,
a majority of humanity will be living in cities by 2007, including in some 20 so-called
“megacities” with more than 10 million inhabitants each. In 1975, there were only
four such megacities; by 2015 there will be 22.
Both megatrends, working in tandem, will have a significant impact on the world
of tomorrow, particularly in the fields of health, water, power, mobility and security
as well as in communications, automation and lighting. These areas comprise the
traditional businesses of our portfolio. Siemens is uniquely positioned among infra-
structure companies worldwide to provide the products, services and solutions neces-
sary to meet these challenges head-on. Here are just a few examples.
In healthcare, where reliable and affordable care will be at a premium as popu-
lations grow and age, Siemens is already a world-class healthcare leader making
important contributions to keep costs down and quality up for patients and providers.
Our digital hospitals and electronic healthcare systems are on the cutting-edge; and
we’re the world’s biggest provider of e-health solutions, a business where we generate
some €1 billion in annual sales alone.