Brose Idea Management up among top ten in Germany

Coburg (June 10, 2005). The three Brose locations in Wuppertal, Hallstadt and Coburg are up among the top ten German companies in terms of the number of employee ideas implemented. The locations finished second, third and fifth respectively. This is the result of a recently published study by the German Institute for Business Administration (dib). A total of 365 companies from 18 lines of business, including 39 automotive suppliers, took part in the study. The Brose plants took the top places out of all the other automotive supplier companies surveyed.

“This positive result testifies to the dedication of the employees who have actively contributed to the successful development of our company,” said Reinhold Wirsing, coordinator of the global improvement proposal scheme at Brose.

Modern idea management can have a very positive impact; implementation of employees’ ideas leads to cost savings and increases the competitive edge of the company. There has been such an improvement proposal scheme at Brose since 1969. It has developed into a modern idea management system which is implemented at 19 locations worldwide.

Last year, some 2,600 employees took part in the Brose Group’s improvement proposal scheme, submitting more than 10,000 improvement proposals. This has subsequently resulted in cost savings of 5.4 million euros. Bonus payments totaling some 290,000 euros were paid out to employees of the Brose Group.

Press contact:
Daniel Reinhardt
Telephone: +49 9561 21 2332
Telefax: +49 9561 21 1704
E-mail: daniel.reinhardt@brose.net