The Future of Travel. Since 1906. Annual Report 2007 - Kuoni
The Future of Travel. Since 1906. Annual Report 2007 - Kuoni
The Future of Travel. Since 1906. Annual Report 2007 - Kuoni
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One particular focus <strong>of</strong> <strong>Kuoni</strong>’s training and development activities<br />
in <strong>2007</strong> was on expanding the <strong>Kuoni</strong> Corporate University<br />
in collaboration with the UK’s reputed Ashridge Business School.<br />
Having ensured that all its managing directors and senior management<br />
completed the multi-phase <strong>Kuoni</strong> Strategic Development<br />
Programme at Ashridge the previous year, <strong>Kuoni</strong> added<br />
two more programmes – Finance for Non-Financial People and<br />
Mastering Change – to the syllabus in <strong>2007</strong>. Some 60 middle<br />
management members attended Ashridge programmes in the<br />
course <strong>of</strong> the year.<br />
<strong>The</strong> <strong>Kuoni</strong> Corporate University continues to guarantee that,<br />
even in today’s dynamic business environment, the company’s<br />
management can identify key industry challenges, develop efficient<br />
responses and apply these locally to help continue to<br />
meet the Group’s prescribed strategic objectives. With its wide<br />
range <strong>of</strong> initial and further training tools and opportunities at<br />
all employee and management levels, <strong>Kuoni</strong> also ensures that<br />
its personnel can continue to specifically develop their talents<br />
and abilities, and that the company can always draw on a<br />
broad pool <strong>of</strong> highly-qualified employees.<br />
Fair salaries and numerous fringe benefits<br />
<strong>The</strong> <strong>Kuoni</strong> Group is committed to paying fair salaries that reflect<br />
current market conditions and workplace demands. <strong>The</strong><br />
<strong>Kuoni</strong> compensation system is based on fair and objective criteria,<br />
with superior performances subject to additional rewards.<br />
<strong>Kuoni</strong> also <strong>of</strong>fers its staff a variety <strong>of</strong> fringe benefits, from concessionary<br />
travel arrangements to discounted cinema and musical<br />
tickets, childcare facilities and in-house fitness centres.<br />
<strong>Kuoni</strong> maintains an open corporate culture. And that culture is<br />
further enriched by the international working environment and<br />
the opportunity to collaborate with colleagues from a wide<br />
range <strong>of</strong> personal backgrounds: the <strong>Kuoni</strong> workforce is drawn<br />
from more than 60 different nations.<br />
As well as an attractive working atmosphere, a healthy balance<br />
between pr<strong>of</strong>essional and private life is another key contributor<br />
to workplace satisfaction. In view <strong>of</strong> this, <strong>Kuoni</strong> supports a<br />
wide range <strong>of</strong> workhours models wherever these can be reasonably<br />
applied.<br />
HR processes standardised groupwide<br />
ersonnel<br />
With its highly-qualified, well-motivated and fairly-remunerated<br />
personnel and its appealing working environment, the <strong>Kuoni</strong><br />
Group has laid a firm foundation for further business success.<br />
And it was to ensure that this basis is maintained in HR units<br />
groupwide that an international team <strong>of</strong> 16 specialists devised<br />
a new “<strong>Future</strong> HR” organisation in the course <strong>of</strong> <strong>2007</strong>. <strong>The</strong><br />
new entity includes programmes that address key issues such<br />
as raising pr<strong>of</strong>itability, customer focus and alignment, leadership,<br />
recruiting and retaining staff and value-adding within HR<br />
processes.<br />
<strong>Future</strong> HR puts a clear focus on standardising personnel processes<br />
throughout the <strong>Kuoni</strong> Group. At the same time, all its work<br />
is conducted in close collaboration with the Group’s decentralised<br />
business units, to ensure that due and full regard is paid to<br />
local market conditions and business needs.<br />
Transformation process<br />
A transformation process was initiated for the entire <strong>Kuoni</strong><br />
Group at the end <strong>of</strong> June <strong>2007</strong>. Under this process, which is<br />
being supported by Human Resources, <strong>Kuoni</strong> is gradually transforming<br />
the region- and country-based structure that it had<br />
maintained for several years into a new organisation centred<br />
on three strategic business divisions, each <strong>of</strong> which will focus<br />
on its particular business segment and strive for market leadership<br />
therein using the family <strong>of</strong> brands assigned to its custody<br />
and care.<br />
<strong>The</strong> transformation should interlink the various elements <strong>of</strong><br />
the <strong>Kuoni</strong> Group even more closely than before, with similar<br />
activities – be it purchasing hotel allotments, paper or printed<br />
matter – more extensively coordinated to exploit synergic potential.<br />
<strong>The</strong> new structure should also enhance overall efficiency<br />
and effectiveness, and should further refine and raise<br />
the value <strong>of</strong> the <strong>Kuoni</strong> product within each segment. <strong>The</strong> transformation<br />
process is proceeding according to plan, and should<br />
be completed by summer 2008.<br />
KUONI <strong>Annual</strong> <strong>Report</strong> <strong>2007</strong><br />
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