Thursday, February 25, 2016

“Project Kulturwandel 4.0″: Otto-boss is now with 53,000 employees as you … – ABC Online

Thursday, 02.25.2016, 16:16
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The board of the retail group Otto Group wants its 53,000 employees worldwide to integrate more and has them therefore that you offered. Hans-Otto Schrader wants to be called by its employees in the future Hos -. Provided they agree

“Who wants duzen the board members who can do that,” said chief executive Hans- Otto Schrader of “Wirtschaftswoche”. But there was no Duz-forced. The offer was “a kind of verbal launch of our project Kulturwandel 4.0,” said Schrader. The goal is a stronger involvement of employees. “My condition for Duz suggestion was that my nickname Hos – used – for Hans-Otto Schrader. The sounds fresher than Hans-Otto. And Hos I hear all the time actually. “



increase sales to around 12.5 billion euros

Economically the Otto Group is back on track and return to profit. “Our fiscal year, which ends on 29 February, we will conclude at least with a black zero before taxes,” Schrader told the paper. In the previous year the company had 125 million euros pre-tax loss. In addition, the Group is growing stronger again: “The Otto Group is 2015/16 achieve an increase of more than four percent and increase sales to around 12.5 billion euros,” he said. Problems of the French subsidiary and the continuing crisis in Russia would still prevents higher sales growth

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