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Focus Area 4Healthy Organization
The Future That We Envision
Realizing a Healthy Organization where everyone is empowered to perform their best.
As a part of the corporate transformation plan that the Olympus Group has been implementing since 2019, we have focused on reforming our organizational culture with the aim of growing into a truly global MedTech company. In addition, under the new company strategy that we launched in March 2024, we have made the creation of a Healthy Organization a focus area of our ESG strategy. Our ESG strategy states Inclusion, employee development and engagement and workplace safety and human rights.
- Materiality Topics
WhyWhy are we taking these actions?
Everyone is empowered to perform our best
Olympus Perspective: Our Target Corporate Culture
Healthy Organization holds true to Olympus’ ambition to create a culture that empowers employees to fulfil Our Purpose: making lives healthier, safer and more fulfilling. Living Our Core Values and acting in line with those behaviors lays the foundation for a Healthy Organization. Additionally, five key enablers drive our employee promise: Growth & Development, Authentic Leadership, Inclusion, Reward & Recognition, and Work Environment.
To develop our culture and achieve Our Purpose we must operate in a Purpose-driven manner, enabled by a People-centric perspective.
Click here for details Healthy Organization
ENABLERS
- Growth & Development
- We grow as an organization by enabling employees to leverage their strengths, act on feedback, and take charge of their development and careers through inspirational learning opportunities and leader support.
- Authentic Leadership
- Leaders role-model the Global Leadership Competencies and Our Core Values by take responsibility for their actions and actively engaging, empowering and growing their teams and themselves.
- Inclusion
- We build a workforce that reflects a range of backgrounds and experiences, and foster an inclusive culture where all employees feel valued, respected, and encouraged to contribute.
- Reward & Recognition
- We recognize and reward employees' achievements and contributions through competitive compensation, benefits, and meaningful acknowledgment programs.
- Work Environment
- We cultivate a supportive and engaging environment that unleashes the power of collaboration, drives impact and promotes well-being.
HowHow will we achieve this?
Three approaches to realize a Healthy Organization
Approach 1: Inclusion
Inclusion
One key element of our corporate culture is inclusion, which enables different perspectives, fosters innovation, and strengthens governance across our global teams. By embedding inclusion into our corporate culture and business strategy, we create an environment where all employees feel respected, valued, and empowered to contribute.
<Materiality Topics>Inclusion
Approach 2: Employee Development and Engagement
Our development and learning offers support for professional growth and improvement of employee engagement
The Olympus Group regards its employees as its most important management resource from a long-term perspective. By treating every employee with respect, sincerity and empathy, we aspire for the Olympus Group as a whole to become an organization capable of responding with speed and solidarity in the face of changes in the business environment. To achieve this goal, we require all our employees to deeply understand the principles and values shared by the entire Olympus Group, hold the skills to conduct business on a global scale along with leadership and a high level of expertise. We also believe it is important to view human resource development from the perspective of personnel training. Olympus provides a wide range of development offers, both on a global and regional/local level. We are implementing a variety of initiatives and to conduct various training to strengthen leadership and execution competencies to develop talent for global success.
We also conduct employee surveys (core value surveys) to listen to the opinions of employees and achieve a better corporate culture and work environment. The results are shared with management, including regional management, and measures are implemented at various organizational units.
<Materiality Topics>Employee development and engagement
Approach 3: Workplace Safety and Human Rights
Ensuring safe and healthy workplace and respect for human rights
The Olympus Global Code of Conduct states that “Safe and healthy workplace is a major priority. We take proactive steps to prevent accidents and occupational illnesses at work and promote good health and wellness as well as work-friendly environment.” Based on this policy, efforts to promote the better health of employees are regarded as an important factor in supporting the sustainable growth of the company, with the company actively building and maintaining a Health Promotion System and engaging in concrete initiatives.
In addition, Olympus supports the United Nations Declaration of Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, the UN Guiding Principles on Business and Human Rights, and the 10 Principles of the United Nations Global Compact. To put international initiatives into practice in our business activities, we have also clearly spelled out respect for human rights in the Olympus Global Code of Conduct. In addition, we have formulated the Olympus Group Human Rights Policy that stipulates the implementation of human rights due diligence based on the UN Guiding Principles. We strive to respect human rights in the management of our businesses.
<Materiality Topics>Workplace safety and human rights
WhatWhat specifically will we do?
Initiative Example 1: Global Inclusion Promotion System
Wenlei Yang, Chief Officer of Inclusion (COI)
To strengthen our commitment to fostering a more inclusive and equitable workplace, Olympus globally has established the role of Chief Officer of Inclusion (COI) as a key part of our global governance structure. This role was created to provide executive-level leadership and accountability for advancing inclusion efforts across the organization.
Related Information
Human Capital and Healthy Organization