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Experts name Bosch Germany’s most innovative company
In the current innovation ranking of Germany’s brand eins business magazine, Bosch has taken first place in three top-20 categories. The company was named Germany’s most innovative in the “Products and Services”, “Processes”, and “Corporate Culture” categories. BMW took second place, while Tesla Motors GmbH and Apple Germany occupied the third and fourth positions, respectively.
“We are very pleased to have done so well,” says Dr. Michael Bolle, President of Research and Advance Engineering at Bosch. “A high level of innovative strength is essential in our fields of business. This is why we invest time, knowledge, and money to build on it systematically.”
Last year, Bosch spent more than six billion euros on research and development. Of this amount, more than half was spent on products that make life more eco-friendly and safer. With its environment and safety portfolio, Bosch generated 40 percent of its sales in 2015.
This portfolio includes connected solutions across Bosch business sectors that improve energy efficiency, comfort, and safety: among them are the recently launched control system for buildings, the smart gas pedal, and the cloud-based warning signal for wrong-way drivers in connected vehicles.
Bosch’s systematic approach to ideas management is one of the reasons for its innovative strength. Associates at every Bosch location can make suggestions for improvement, for instance to optimize operations or increase product quality. In addition to its corporate suggestion scheme, the company also has a systematic approach to idea generation, which sees teams supported by specially trained coordinators.
Bosch is also a pioneer when it comes to work-time models. With the aim of improving work/life balance, the company carried out a number of projects in recent years – from part-time management to job sharing initiatives. Today, Bosch offers more than 100 work-time models and has made its family-friendly corporate culture part of its corporate guidelines.
The list of Germany’s most innovative companies is based on two online expert surveys. A total of 6,400 people were invited to provide their assessment. They included the representatives of companies that have won innovation prizes in the past, as well as senior executives with many years of industry experience. The survey asked respondents to select the most innovative companies among a list of 1,800 candidates.
More information on sustainable Bosch solutions can be found here.
Bosch takes first place at the New Work Award 2016
“Diversity is our Advantage” is Bosch’s motto, and the company lives up to its promise of promoting work/life balance by offering a variety of work-time models, among them flexible working hours, part-time management, and telecommuting, At the end of January, the company was honored for this commitment to its associates at the New Work Award 2016, which was presented by the XING professional social network. Bosch took first place at the award ceremony, followed by the construction company Heitkamp & Hülscher, which offers its employees a profit-sharing scheme. Third place went to Bike Citizens GmbH from Graz, Austria, which has introduced a four-day work week for all its employees.
Daniela Huber and Dörte Heidemann (both Bosch) with host Michel Abdollahi.
It was the third time that XING honored forward-looking companies in German-speaking countries that have acted as role models by redefining their working cultures. Bosch won against more than 140 competitors. The company considers the diversity and individuality of its associates an asset, and a prerequisite of successful business. For this reason, Bosch has made promoting a healthy balance between work and private life part of its corporate culture. The company currently offers more than 100 different working time models. Among other things, these models allow executives to work part-time or with flexible home office solutions. In periods of challenging personal situations, for instance when associates need to care for family members, Bosch supports its associates with both short and long-term solutions.
“Work/life balance is becoming increasingly important for our associates, as working time is also a part of life,” says Christoph Kübel, member of the board of management and director of industrial relations at Bosch. “Our corporate culture aims to promote a flexible working culture that considers family obligations just as important as work-related responsibilities.”
More information on the New Work Award can be found here (only available in German).
Picture source: BrauerPhotos (M. Nass) for Hubert Burda Media.
Bosch Diesel Systems nominated for German Sustainability Prize
On November 27, the German Sustainability Prize’s award ceremony was held at the Maritim Hotel in Düsseldorf. Bosch Diesel Systems was among the finalists in the special “Resource Efficiency” category. Since 2008, the prize has been awarded to companies, municipalities, and research institutes for their special achievements in the area of sustainability. With over 800 applicants and 2,000 guests at the final event, the German Sustainability Prize is one of the biggest competitions of its kind in Europe.
Uwe Gackstatter (Bosch Diesel Systems) congratulates Margret Suckale (BASF) on winning the award for resource efficiency
Bosch Diesel Systems was nominated as a result of its lasting commitment to making diesel systems more eco-friendly and energy efficient. This includes responsible use of resources in production. For instance, with its eXchange program, Bosch refurbished around 60,000 used components in 2014. In so doing, the company was able to reduce energy consumption by around 90 percent compared with production of new components, and used 50 to 90 percent less material. Moreover, Bosch uses fuel injection and exhaust gas treatment systems as well as sensor technology to continuously increase the fuel efficiency of diesel engines, all the while reducing emissions. As a result, the fuel consumption of diesels has decreased by 30 percent over the past 20 years, while CO2 emissions have dropped 25 percent. At the same time, particle and nitric oxide emissions have decreased by 97 and 84 percent, respectively.
In order to achieve the EU’s 2020 CO2 fleet targets of 95 g/km, companies like Bosch are working to push powertrain electrification forward. At the same time, the company places great importance on making further improvements to the diesel engine. “Well into the next decade, both the internal combustion engine and electric drives will be developed in parallel,” says Dr. Volkmar Denner, chairman of the Bosch board of management. This is because especially fuel-efficient diesels make the European Union’s climate protection targets realistic. By 2020, the efficiency of diesels is expected to increase by another 15 percent. “A greater share of diesel means less CO2. We mustn’t lose sight of this in the current debate on urban air quality.” What is more, modern particle filters are so efficient that they even remove particles from the ambient air. Nitric oxide emissions can also be further reduced: “Bosch has the technology required to reduce the nitric oxide emissions of diesel vehicles to a minimum in real traffic conditions.”