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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 />

9

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