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CONTENTS - Capgemini

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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

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