Healthy Organization

Our Ideal Corporate Culture

In February 2024, Olympus unveiled new Core Values which guide and align the company and its employees toward its global MedTech leadership. With this refresh, Olympus has realigned the corporate culture concept of a Healthy Organization to unite all cultural initiatives under one roof.

The revised Healthy Organization holds true to Olympus’ ambition to create a culture that empowers employees to fulfil Our Purpose of 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. There are also five key enablers that drive our employee promise: Growth & Development, Authentic Leadership, DEI (Diversity, Equity & Inclusion), Reward & Recognition, and Work Environment.
To develop our culture and fulfill Our Purpose we must operate in a Purpose-driven way, enabled by a people-centric perspective.

Healthy Organization A company culture rooted in Our Core Values and enabled by key themes that empower employees to fulfil Our Purpose. Purpose-driven People-centric - OUR CORE VALUES - PATIENT FOCUS, INTEGRITY, INNOVATION, IMPACT, EMPATHY

ENABLERS

Growth & Development
We grow as an organization by enabling employees to leverage their strengths, build on feedback and manage their development and careers through inspirational learning opportunities and leader support.
Authentic Leadership
Leaders who role-model the Global Leadership Competencies and Our Core Values, take responsibility for their actions and strive to engage, empower and grow their teams and themselves.
DEI
A commitment to creating a diverse workforce and an inclusive culture where all employees feel valued, respected, and empowered to contribute.
Reward & Recognition
Competitive compensation, benefits, and acknowledgment programs that recognize and reward employees' achievements and contributions.
Work Environment
A supportive and engaging atmosphere that fosters collaboration, innovation, and a healthy work-life balance.

Olympus Culture Journey

Olympus is working to comprehensively improve our corporate culture by activating our Core Values and working on the key enablers that create an environment where people at Olympus are engaged and enabled. Olympus refreshed Core Values serve as guiding principles in the day-to-day of employees.

Our culture journey throughout fiscal year 2024 has focused on the refreshment process of the Core Values and embedding the refresh into tools, processes and concepts. The Core Values refresh is aligned to Global Medtech Leadership, anchoring key themes for Olympus, such as Innovation and Patient Focus, firmly into our expectations of everyone at Olympus.

OUR CORE VALUES

These efforts complement and enable our Elevate work, ensuring that the improvements to our quality systems and processes will be sustainable long-term, supported by an organizational culture that lives patient safety and quality.

Our Core Values Survey (Employee Engagement & Enablement Survey)

2021 Core Values Survey, 2022 Core Values Interim Survey, 2024 Our Core Value refresh, First half of 2025 Core Values Survey

Olympus has taken and tracked measures from the last Core Values Survey, an employee engagement and enablement survey conducted in 2021. Company-wide initiatives have since included site visits by Executive Officers, optimization of decision-making processes, visualization and follow-up of the current status of employee work-life balance, and enhancement and optimization of global working guidelines.
In November 2022, we conducted a Core Values Survey Check-in (interim survey) to review the status of our organization and reinforced and adjusted activities to improve our culture and employee experience. Several company-wide initiatives have continued and been reinforced since their installment in 2021, such as our Global Working Guidelines.
Olympus is currently working on establishing a long-term regular cadence of employee listening. The next measure planned is a Core Values Survey in the first half of 2025. This survey will be adjusted to the refreshed Core Values and relevant focus areas of Olympus, based on the Healthy Organization Model.

Site visits by Executive Officers