We are guided by our purpose, Science for a better life. We deliver sustainable breakthrough innovations in healthcare and nutrition to contribute to our global vision - Health for all, Hunger for none.
Sustainability is at the heart of everything we do. We ensure we are accountable for the impact of our actions by integrating sustainability measures, aligned to the UN Sustainable Development Goals, into our business decisions and initiatives.
Can fun and learning go hand in hand? They can in Bayer’s Baylabs. Here students of all ages can take part in exciting workshops tailored to individual age groups. Under the guidance of experts, pupils are given an insight into how science is put into practice and how it links with their immediate environment.
How does a company that invented Aspirin® reinvent itself?
In 2023, we started redesigning Bayer around our mission: Health for all, Hunger for none. That began with an overhaul of our operating model to better align with a fast-paced, ground-up approach to innovation and commercialisation.
We believe that innovation happens in the space between what’s needed and what’s there — not on an org chart. We’re putting an end to the hierarchical model and putting more power in the hands of our people. What does that mean? We’re reimagining every process, project, and role in the company driven by three key priorities:
///Focusing everything on the mission
///Advancing world-leading innovation
/// Delivering a superior financial performance
Follow our progress as we embark on this exciting journey.
Since the onset of the Industrial Age, most companies, especially large multinationals, have operated under a system of “command and control.” But humans aren’t machines - and designing organizations that way comes at a cost, burying ingenuity and stalling productivity. We’re redesigning the system to give Bayer employees the autonomy and accountability of a sole proprietor, supported by the global scale of #TeamBayer.
We call this system Dynamic Shared Ownership (DSO), and it’s built on five core principles:
Focus everything on Health for all, Hunger for none.
Foster a community that enables creative mindsets and behaviors.
Deliver faster, more impactful innovations to the customers that depend on us.
Those doing the work also make the decisions. We’re shifting 95% of decision-making from management to the people doing the work.
Nimble working cycles
Embrace continual improvement, influenced by action, in 90-day cycles.
This way of working is underpinned by a radical vision for leadership, transforming managers from controllers into coaches.
A Better Bayer is on the Way
Our teams are adapting quickly to the new working model, and we will have 100% adoption of this new system of working by the end of 2024. Through this change, we’re aiming for a more productive and fulfilled workforce; world-leading, faster-to-market innovations; and superior financial performance.
1 June 2023
Bill Anderson joins Bayer AG as CEO.
8 November 2023
Bayer announces new operating model “Dynamic Shared Ownership” to focus on the mission, drive innovation and strengthen performance.
17 January 2024
In a joint declaration, the Board of Management of Bayer AG and the employee representatives on the Supervisory Board agree on principles for the future of the company, particularly in its home country of Germany.
5 March 2024
Capital Markets Day – Bayer to share a comprehensive update on company direction.
Dynamic Shared Ownership rolled out to every corner of #TeamBayer.