Diversity and Work-life Balance Management
Global competition has become more and more intense and customers' needs have become ever more diversified and sophisticated. In this rapidly changing business environment, in order for the Ricoh Group to keep growing, it is necessary to provide products and services with high added value that meet such customer needs and to keep producing innovations that achieve a significant improvement in productivity.
Innovation can be achieved not through a monocultural or singular way of thinking but by making full use of the varied characteristics of diverse employees and by integrating their expertise and knowledge. To allow these employees with their diverse backgrounds to achieve high productivity in their work while achieving fulfillment in life outside of their work and career, it is necessary to change the ways of working in such a way as to ensure the growth of both the company and the individual employees.
"Diversity Promotion" and "Work-life Balance Management" are our efforts to address the above issues so as to become a "vital company" where both organizations and individuals grow and develop. With these efforts, we will pursue challenging goals to establish new ways of working.
The Ricoh Group is promoting diversification of employment and working patterns to suit various employee lifestyles.
Diversity initiatives at RAC
At Ricoh Americas "diversity" is much more than just another concept: it's a way of life. "Diversity is first of all a matter of ethics, but not only that," says Donna Venable, Senior Vice President, Human Resources at Ricoh Americas Corporation(RAC). "More and more our valued customers want to know how our sales and services are structured around diversity. They are looking for a partner they are comfortable with. In that sense for us diversity is not just the right thing to do, it also makes good business sense."
Underpinning all Ricoh Americas' diversity initiatives is The Diversity and Social Responsibility Council, which serves as an advisory board to senior management. One particularly powerful initiative, is something called "Supplier Diversity," which is both a strategic imperative and a competitive advantage for the company. Simply put Supplier Diversity consists in seeking and expanding partnerships with minority-owned, small, small-disadvantaged, woman-owned, veteran-owned, service-disabled-veteran-owned and HUBZone small businesses.