Annual Report 2002 - Software AG

More documents

Recommendations

Info

“Ever-changing markets call for flexible, innovative employees. They are the backbone of any software company.” Arnd Zinnhardt, Chief Financial Officer
Employees: Our most important resource Flat hierarchies, opportunities for development, an attractive working environment Our human resource management strategy is geared to promoting the ability of Software AG to adapt, innovate and grow. To achieve this, we have created flat hierarchies, and offer each employee a positive working environment with a wealth of personal and professional development opportunities. We believe this is fundamental to the success of the organization. Flexible work times and performance-related pay for greater employee motivation A key focus in 2002 was to consolidate the human resources measures we introduced in 2001. In Germany, we launched a restructured model for working hours, as well as introducing teleworking and partial retirement models. In 2002, we created a number of new options for employees. For example, the “long-term time accounts” program enables staff in Germany to con- MANAGEMENT REPORT vert a portion of their gross income into a sabbatical or early retirement. We also continued to enhance and expand our system of performance-related remuneration. This fosters an entrepreneurial mindset, because employees are rewarded for reaching, and exceeding, pre-defined targets. The practice of agreeing goals at regular intervals has been embraced at all levels of the enterprise. The performance-related remuneration system has been extended to further employee groups. Change management and virtual teams top the curriculum In the year under review, we added topics such as change management and virtual teams to our range of training courses. Our human resources development strategy continues to focus on coaching and teamwork. The large number of university graduates employed at Software AG underlines the highly skilled nature of the workforce. 37
Page 1 and 2: Annual Report 2002
Page 3 and 4: Table of Contents Letter to our sto
Page 5 and 6: Planning is the key to realizing yo
Page 7 and 8: Professional services and sales org
Page 9 and 10: Aug. 1 Natural Engineer WebStar mak
Page 11 and 12: today’s quoted companies. Softwar
Page 13 and 14: tions. The Swiss company leverages
Page 15 and 16: ister. The new solution is a signif
Page 17 and 18: One step ahead In today’s fast-mo
Page 19 and 20: transparency in business processes,
Page 21 and 22: do not simply offer software compon
Page 23 and 24: importance in the optimization of b
Page 25 and 26: Web-enabling Natural-built applicat
Page 27 and 28: Sales and marketing: Broadening the
Page 29 and 30: training for customers implementing
Page 31 and 32: euros to 149.2 million euros. This
Page 33 and 34: Breakdown of costs in million EUR 2
Page 35: and furnishings. Investment in soft
Page 39 and 40: Research and development: Keeping o
Page 41 and 42: Events subsequent to the balance-sh
Page 43 and 44: There´s more than one way to pot t
Page 45 and 46: Equity and liabilities FINANCIAL ST
Page 47 and 48: Statement of Fixed Asset Movements
Page 49 and 50: On January 1, 2002, the Company acq
Page 51 and 52: Consolidated balance sheet and cons
Page 53 and 54: B. Notes to the consolidated balanc
Page 55 and 56: Frankfurt Stock Exchange over the f
Page 57 and 58: C. Notes to the consolidated income
Page 59 and 60: Europe Western Europe Southern Euro
Page 61 and 62: Notes to the cash flow statement
Page 63 and 64: Dietrich-Kurt Frowein Place of resi
Page 65 and 66: Financial Calendar 2003 April 24, 2
Page 67 and 68: workbench) for designing, developin

Annual Report 2002 - Software AG

Create successful ePaper yourself

Delete template?

Save as template?