ANNUAL REPORT 2006-2007
ANNUAL REPORT 2006-2007
ANNUAL REPORT 2006-2007
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04<br />
> THE QUALITY OF LIFE ARCHITECT EXPERIENCING AND SHARING QUALITY OF LIFE<br />
> Chairman’s Message<br />
MESSAGE<br />
OF PIERRE BELLON<br />
AT THE <strong>ANNUAL</strong> SHAREHOLDERS’ MEETING,<br />
JANUARY 22, 2008<br />
Sodexho’s mission is to improve the Quality of Life of the 40 million<br />
people we serve every day.<br />
We seek to make our company and the Sodexho brand the most<br />
desirable and attractive in all of our business segments.<br />
At the Annual Shareholders’ Meeting, the Board of Directors is<br />
asking the shareholders to approve a change in the company name<br />
and a revision to the visual identity in the form of a new logo.<br />
The change in the Group’s name involves eliminating the word “Alliance”<br />
and the letter “h”. The name of the Group would therefore be SODEXO.<br />
The elimination of the word “Alliance”<br />
From 1995 to 2000, we made three major acquisitions to strengthen our international<br />
network: Gardner Merchant in the United Kingdom, Partena in the Scandinavian<br />
countries and Marriott Management Services in North America. These three<br />
foodservices companies, all of them much older than Sodexho, had demonstrated<br />
their success through the skills of their respective employee teams. It was important<br />
not to break up these entities but, on the contrary, to help them develop further,<br />
to recognize their merits, to welcome them on an equal footing and to avoid at all<br />
costs creating opposition between the acquirers and the acquirees – in other words,<br />
creating a perception of winners and losers. To be perfectly clear, as I said at the time:<br />
“Money will not buy a company’s history, culture, skills and pride nor the motivation<br />
of the women and men responsible for its success”.<br />
Gradually, all three companies expressed a desire to adopt the name of Sodexho.<br />
To gain their confi dence and to prove that we keep our promises, we added<br />
the word “Alliance” to the Sodexho company name.<br />
During Fiscal <strong>2006</strong>, we took an employee engagement survey<br />
in 35 countries, interviewing 78,000 staff members, including the entire<br />
management and a sample of 20% of site employees. More than 80%<br />
of our employees declared their attachment and their pride in<br />
belonging to the Group and 83% stated they would not hesitate<br />
to recommend Sodexho to a friend seeking employment.<br />
It therefore seems to us that the word “Alliance” is no<br />
longer necessary.