Grow With Us
In 2002, Covance initiated a strategy for driving sustainable growth and delighting clients—concentration on People, Process, and Clients to achieve operational and service excellence on a global scale. This strategy continues to deliver impressive results.
The People strategy—including whom we hire and how we retain and develop talent—is crucial to our success. We provide our employees with new tools to help them acquire and develop the talent we need to meet both our own goals and those of our clients. We intensify our focus on career development, as well as on diversity, inclusion, and multiculturalism, across the global organization.
At Covance, we firmly believe that our overall success depends on the success of each of our employees and an environment that fosters teamwork on a global scale. We are committed to a culture that nurtures individual growth through lifelong learning programs, stimulating job assignments, and formal networking and mentoring activities so that our people can continually upgrade their skills and advance their careers.
Ongoing Process improvements helped us achieve almost twice our targeted productivity gains in 2006. Six Sigma benefits in Early Development continue to grow as we find exciting new opportunities to utilize this methodology. We expanded Six Sigma in our Late-Stage Development segment, where we completed nearly 20 projects and achieved over $1.5 million in gross savings.
More importantly, our clients have increasingly recognized the value of these projects across the company in helping reduce variability, increase quality, and expedite the delivery of project data. These gains in productivity make us more competitive and position us better for long-term success.
Perhaps nothing at Covance is more important to our future than providing Clients with consistently outstanding service quality.
Our Signature Client Service platform, now the cornerstone of our employee culture, is having a dramatic impact on how we deliver service to our clients. In 2006, we established a standardized pan-Covance measurement tool that provides us with client satisfaction feedback. Thanks to our focus on client satisfaction and retention, we are executing more and more strategic agreements with our clients.
Looking ahead, we believe that Covance is uniquely positioned to meet the needs of clients as a partner in strategic drug development. Don't miss your opportunity to be a part of Covance's impressive growth and bright future!
Covance's financial information
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