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12 ANNUAL<br />
THE GROUP<br />
<strong>Capgemini</strong><br />
VI – THE GROUP’S INVESTMENT<br />
POLICY<br />
In 2006, <strong>Capgemini</strong>’s vigorous organic growth underscored its<br />
ability to meet client expectations thanks to its technological and<br />
sector-based expertise, well-balanced core disciplines and cost<br />
competitiveness due to its strong offshore presence.<br />
The Group had previously announced its intention to take advantage<br />
of its renewed financial flexibility to move ahead, where<br />
appropriate, with external growth operations serving three objectives:<br />
accelerating the Rightshore TM strategy;<br />
expanding the Group’s territorial coverage, particularly in<br />
Europe;<br />
enhancing its ability to innovate and develop technological skills<br />
in high added-value fields.<br />
The acquisitions in 2006 are fully in line with these aims. The<br />
acquisitions of Kanbay (announced on October 26, 2006 and<br />
finalized on February 9, 2007) and Indigo added 6,000 employees<br />
to the Group’s workforce in India. The acquisitions of FuE and<br />
Plecto AG, although of modest size, helped to rebalance the<br />
Group’s presence in Germany and enrich the technological content<br />
of its offering.<br />
The above-mentioned objectives also led the Group to explore a<br />
variety of openings involving European players of varying size,<br />
which served to confirm the consistency of its strategy and the<br />
rigor of its financial discipline.<br />
In 2007, investments in fixed capital or external growth will<br />
underpin the rollout of the Group’s i 3 Transformation plan by<br />
improving its ability to innovate, its client intimacy and the industrialization<br />
of its production. Other investments in fixed capital<br />
may be added to make further gains in these areas.<br />
The Group’s aim of extending its geographic coverage will continue<br />
to guide its external growth policy in 2007 both at the European<br />
and global level. In terms of service offering, the Group may use<br />
further acquisitions to accelerate the organic growth of its Business<br />
Process Outsourcing business and sharpen its sector-based<br />
expertise in certain areas.<br />
These acquisitions will be made possible by the Group’s solid,<br />
flexible financial position – a position that they shouldn’t<br />
Jeopardize – and should also be in line with the Group’s profitability<br />
objectives.<br />
These profitability objectives may also justify targeted divestments.<br />
REPORT 2006 <strong>Capgemini</strong><br />
VII – CORPORATE RESPONSIBI-<br />
LITY, SUSTAINABILITY AND SOCIAL<br />
STEWARDSHIP<br />
The principles of corporate social responsibility, stewardship,<br />
and sustainability are reflected throughout <strong>Capgemini</strong>’s long-standing<br />
business practices. These principles, including our shared values<br />
and ethics, guide our relationships with our clients, our employees,<br />
our business partners and the communities in which we operate.<br />
Since 2003, the Group has formalized its Corporate Responsibility<br />
and Social Stewardship strategy under the responsibility of the Senior<br />
Management, coordinated by the Group’s General Secretary.<br />
7.1 Corporate responsibility<br />
7.1.1 Our Commitment and Vision<br />
<strong>Capgemini</strong> is committed to responsible and sustainable business<br />
practice which delivers added value to its stakeholders<br />
– clients, employees, shareholders, investors, business partners,<br />
suppliers, the community and environment. Our vision is to build<br />
and maintain a frame of reference of values and standards within<br />
our business, embracing:<br />
Our leadership, values & ethics: We say what we do and do<br />
what we say. <strong>Capgemini</strong> has a strong code of ethics underpinning<br />
all of its business practices. We embrace our core values of honesty,<br />
boldness, trust, freedom, solidarity, modesty and fun.<br />
Our employees and the workplace: We are committed to being<br />
a responsible employer whom people choose to work for. We<br />
strive to ensure that both the physical working environment and<br />
our business practices are safe and allow our people to develop<br />
and deliver their best. We have a culture where we respect and<br />
make best use of the diversity of our people as individuals. Underpinning<br />
our Rightshore approach is a strong commitment to<br />
our employees and their communities.<br />
Collaborating with our customers: We engage to understand<br />
their real business needs and deliver long-lasting value with<br />
tangible results. We take customer dialogue and feedback very<br />
seriously.<br />
Working with our business partners and suppliers: We are<br />
committed to sound and sustainable procurement procedures<br />
and increasingly understand the potential impacts and opportunities<br />
which our practices present so that they can be improved,<br />
as required.<br />
Protecting the ecosystem: As a major, global employer and<br />
a socially responsible company, we acknowledge our impact<br />
on the various ecosystems on which we operate. We work<br />
– at both national and international levels – not only with clients