Material Issue 1
Improving Fulfillment in Work and Corporate Dynamism
Background
Social and Environmental Issue Outlook for 2030 Many economies around the world, including Japan, are expected to see labor shortages. As industrial structures change, there will be imbalances in the type of labor force needed. There will be labor shortages in some areas and more mismatches between the skills people have and the skills jobs require. By 2030, a total labor shortage of about 100 million people is anticipated in the countries that make up the top 70% of global GDP. For example, technologies such as AI, robotics and automation will increase productivity and alleviate labor shortages, but new jobs will be created that require more creative skills.This will occur not just on the manufacturing floor, but in offices as well. While it is important to increase productivity with technology, human creativity must also be fostered to solve the global labor shortage. |
Opportunities for Konica Minolta to Create value, and Risks to Be Minimized |
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Vision for 2030 and Medium-Term Plan
Vision for 2030: Increase labor productivity for corporate clients, society, and Konica Minolta. Make time for creativity, and promote workplaces where all individuals can thrive.
Related SDGs:
Themes (Economic Value): Increasing customer productivity and making time for creativity
Themes (Social and Environmental Value): Creating an organization that draws out potential talent so that individuals can thrive
Indicators | Results | Targets | ||||||
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FY2020 | FY2021 | FY2022 | FY2023 | FY2023 | FY2024 | FY2025 | ||
Number of DX specialized technical human resources*1 | 500 | - | 814 | 1085 | 1000 | 40% or more engineers in each business unit | 50% or more engineers in each business unit | |
GES score*2 | Engagement*3 | - | 6.4 | 6.6 | 6.8 | - | - | 7.7(industry average) |
Equity*4Note1 | - | 7.1(6.1) | 7.4(6.1) | 7.6(6.6) | 7.6(6.4) | 7.8(6.7) | 8.0(7.0) or more | |
Freedom of opinion*5Note1 | - | 6.9(6.5) | 7.2(6.6) | 7.3(6.8) | 7.5(6.9) | 7.7(7.2) | 8.0(7.5) or more | |
Percentage of management positions held by women*6 | 7.2% | 9.1% | 9.9% | 10.7% | 11% or more | 12% or more | 13% or more | |
Percentage of women among new graduate recruits*6 | 23% | 35% | 37% | 39% | 30% or more | 30% or more | 30% or more |
Note: Target scope: Konica Minolta, Inc. However, the scope of targets of the GES score (*2) is the Konica Minolta Group (worldwide) and the data for Konica Minolta, Inc. in parentheses in Note 1.
- *1
- DX Specialized Technical Human Resources: Specialists who leverage data from products, services, and business processes, as well as digital and AI technologies, to create solutions for internal and external challenges.
- *2
- GES (Global Employee Survey) score: The average score of responses to relevant questions in the Global Employee Survey, rated on a scale from 0 to10.
- *3
- Engagement: Applicable question “How likely is it you would recommend Konica Minolta as a place to work?" (This has been corrected due to an error in the question description. The same question has been used in the evaluation since FY2021.)
- *4
- Equity: Applicable question “people of all backgrounds treated fairly in my department/team?”
- *5
- Freedom of opinion: Applicable question “Is your opinion respected in your department/team?”
- *6
- Time of compilation: As of April 1 of the following fiscal year.
Konica Minolta's Approach
As work styles become more diversified, Konica Minolta looks to provide solutions that increase productivity and enable creativity-inspiring work styles in diverse locations, while enhancing personal motivation, fulfillment in work, and corporate growth. Specifically, by utilizing options like measurement and inspection worksite automation, on-demand production, imaging IoT, document management, and reducing the amount of time spent on basic tasks, Konica Minolta is helping customers improve their productivity and shift their focus to creative work. By combining imaging IoT and digital technologies, Konica Minolta can make the inefficiencies hidden in a customer's workflow visible. Moreover, the company can take a close look at the customer's workflow and provide services tailored to their specific business needs. With these capabilities, Konica Minolta will help customers increase productivity and make time for creativity, while also helping to minimize disadvantages in terms of IT access, recruitment, and entrepreneurial opportunities.
At Konica Minolta itself, the emphasis will be on realizing the full potential of human resources and empowering individuals to thrive and produce new value. Konica Minolta will do this by developing workplaces and a corporate culture where individual employees can reach their full potential with a sense of personal motivation and engagement.
Businesses: Increasing Customer Productivity and Making Time for Creativity
●Shortening lead time compared to conventional processes through on-demand production
●Improving productivity at the printing sites with automatic quality optimization unit
●Making time for creativity by automating the inspection process at production sites
●Improving customer productivity and creativity through workstyle reform and decision support
●Making time to provide care services by streamlining care staff workflow
Internal Action: Creating an organization that draws out potential talent so that individuals can thrive
●Systematically develop leaders by selecting young employees early on and strengthening the pipeline of women candidates for director positions
●Creating a corporate culture in which individuals can thrive
●Promoting diversity & inclusion