−Removed: We are a global leader providing Enterprise Asset Intelligence (“EAI”) solutions in the Automatic Identification and Data Capture (“AIDC”) industry.
+Added: We are a global leader in the Automatic Identification and Data Capture (“AIDC”) industry.
The AIDC market consists of mobile computing, data capture, radio frequency identification devices (“RFID”), barcode printing, and other workflow automation products and services.
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mobile computers, barcode scanners and imagers, RFID readers, specialty printers for barcode labeling and personal identification, real-time location systems (“RTLS”), related accessories and supplies, such as labels and other consumables, and related software applications.
−Removed: We also provide a full range of services, including maintenance, technical support, repair, managed and professional services, as well as cloud-based software subscriptions and robotics automation solutions.
−Removed: End-users of our products, solutions and services include those in the
−Removed: retail and e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other industries.
−Removed: We provide our products, solutions and services globally through a direct sales force and extensive network of over 10,000 channel partners, operating in approximately 190 countries, with 120 facilities and approximately 10,500 employees worldwide.
−Removed: Through continual innovation of our technologies, we are leading an evolution of the traditional AIDC market into EAI, which encompasses solutions that sense key operational information such as packages moving through a supply chain, equipment in a factory, workers and robots in a warehouse, shoppers in a store, and patients in a hospital.
−Removed: Data from enterprise assets, including status, condition, location, utilization, and preferences, is then analyzed to provide prioritized actionable insights.
−Removed: Finally, with the benefits of cloud computing and connectivity, these insights and directives can be delivered to the right user at the right time to drive the best next action.
−Removed: As a result, our solutions enable enterprises to “sense, analyze, and act” more effectively throughout their workflows.
−Removed: The evolution of the AIDC market to transform workflows is being driven by strong underlying secular trends in technology, which include the internet of things ( “IoT” ), cloud-based data analytics, intelligent automation, mobility, computer vision, as well as artificial intelligence and machine learning.
+Added: We also provide machine vision and robotics automation solutions;
+Added: a full range of services, including maintenance, technical support, repair, managed and professional services;
+Added: as well as cloud-based software subscriptions.
+Added: End-users of our products, solutions and services include those in the retail and e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other
+Added: We operate in 122 facilities with approximately 9,750 employees worldwide.
+Added: We provide our products, solutions and services globally through a direct sales force and extensive network of over 10,000 channel partners, operating in approximately 185 countries.
+Added: We continue to advance our Enterprise Asset Intelligence (“EAI”) vision:
+Added: every asset and front-line worker visible, connected, and fully optimized.
+Added: Through continual innovation, we have expanded beyond the traditional AIDC market to transform activities such as factory production, packages moving through a supply chain, retail shopping, and the hospital patient journey.
+Added: Data from enterprise assets, including status, condition, location, utilization, and preferences, is analyzed in the cloud to provide prioritized actionable insights.
+Added: As a result, our solutions enable enterprises to “sense, analyze, and act” more effectively to optimize their activities.
+Added: The need to transform workflows is being driven by secular trends in technology, which include the internet of things ( “IoT” ), cloud-based data analytics, automation, mobility, computer vision, as well as artificial intelligence and machine learning.
The IoT enables the real-time exchange of an increasingly broad set of information among a proliferation of smart, connected devices.
−Removed: Cloud computing and expanded data analytics are allowing enterprises to make better business decisions through improved timeliness and increased visibility into workflows.
−Removed: While traditional AIDC solutions capture limited amounts of data and populate static enterprise systems, newer solutions that can leverage artificial intelligence through machine learning can analyze real-time data from many sources to generate actionable insights.
−Removed: The continued rapid growth of mobile devices and application software are also significantly expanding mobile computing use cases throughout enterprises and supply chains.
+Added: The continued rapid growth of mobile computing devices and application software are also significantly expanding use cases throughout enterprises and supply chains.
With these expanded capabilities, end-users can consume and act upon dynamic enterprise data and information anytime and anywhere.
+Added: Leveraging artificial intelligence through machine learning can analyze real-time data for increased visibility into workflows and actionable insights.
Additionally, computer and machine vision technology, which enables the automatic extraction and understanding of useful information from a digital image or video, provides a key element in many of our solutions.
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Matrox is a leading provider of advanced machine vision components and software serving multiple end-markets.
−Removed: Through its acquisition, the Company significantly expands machine vision products and software offerings.
+Added: Through its acquisition, the Company expanded its machine vision products and software offerings.
The operating results of Matrox are included in the EVM segment.
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Antuit is a provider of demand-sensing and pricing optimization software solutions for retail and consumer products companies.
−Removed: Through this acquisition, the Company expands its portfolio of software solution offerings to customers in these industries by combining Antuit’s platform with its existing software solutions and EVM products.
+Added: Through this acquisition, the Company expanded its portfolio of software solution offerings to customers in these industries by combining Antuit’s platform with its existing software solutions and EVM products.
The operating results of Antuit are included in the EVM segment.
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Fetch is a provider of autonomous mobile robot solutions for customers who operate in the manufacturing, distribution, and fulfillment industries, enabling customers to optimize workflows through robotic automation.
−Removed: Through this acquisition, the Company intends to expand its automation solution offerings within these industries.
+Added: Through this acquisition, the Company expanded its automation solution offerings within these industries.
The operating results of Fetch are included within the EVM segment.
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The operating results of Adaptive Vision are included within the EVM segment.
−Removed: On September 1, 2020, the Company acquired Reflexis Systems, Inc.
−Removed: (“Reflexis”) for $547 million in cash, net of cash acquired.
−Removed: Reflexis is a provider of task and workforce management, execution, and communication software solutions for customers in the retail, food service, hospitality, and banking industries.
−Removed: Through this acquisition, the Company intends to enhance its solution offerings to customers in those industries by combining Reflexis’ platform with its existing software solutions and EVM products.
−Removed: The operating results of Reflexis are included within the EVM segment.
See Note 5, Business Acquisitions in the Notes to Consolidated Financial Statements for additional details.
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Our operations consist of two reportable segments that provide complementary offerings to our customers:
−Removed: Asset Intelligence & Tracking (“AIT”), which includes barcode and card printing, supplies and services;
−Removed: and Enterprise Visibility & Mobility (“EVM”), which includes mobile computing, data capture, RFID, fixed industrial scanning and machine vision, services and workflow optimization solutions including location solutions.
+Added: Asset Intelligence & Tracking (“AIT”), which includes barcode and card printing, RFID and RTLS offerings, supplies, and services;
+Added: and Enterprise Visibility & Mobility (“EVM”), which includes mobile computing, data capture, fixed industrial scanning and machine vision, services and workflow optimization solutions.
Asset Intelligence & Tracking
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We design, manufacture, and sell printers, which produce high-quality labels, wristbands, tickets, receipts, and plastic cards on demand.
−Removed: Our customers use our printers in a wide range of applications, including routing and tracking, patient safety, transaction processing, personal identification, and product authentication.
+Added: Our customers use our printers in a wide range of applications, including routing and tracking, patient safety, transaction processing, personal identification, product authentication, ticketing and receipts.
These applications require high levels of data accuracy, speed, and reliability.
−Removed: They also include specialty printing for receipts and tickets for improved customer service and productivity gains.
Our printers use thermal printing technology, which creates images by heating certain pixels of an electrical printhead to selectively image a ribbon or heat-sensitive substrate.
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We offer a wide range of accessories and options for our printers, including carrying cases, vehicle mounts and battery chargers.
+Added: RFID and RTLS Offerings:
+Added: We provide a range of hardware and software options for capturing location data to satisfy a large variety of requirements for range, accuracy, and precision.
+Added: Our active and passive RFID products include fixed readers, RFID enabled mobile computers, and RFID sleds that utilize passive ultra-high frequency to provide high-speed, non-line of sight data capture from hundreds or thousands of RFID tags in near real-time.
+Added: Using the Electronic Product Code (“EPC”) standard, end-users across multiple industries use our RFID technology to track high-value assets, monitor shipments, and drive increased retail sales through improved inventory accuracy.
+Added: Our location solutions offerings include a range of RTLS and services that generate precise, on-demand information about the physical location and status of high-valued assets, equipment, and people.
+Added: These solutions incorporate active and passive RFID technologies, beacons, and other tracking technologies to enable users to locate, track, manage, and optimize the utilization of enterprise assets and personnel.
+Added: We provide substantially all elements of the location solution, including tags, sensors, exciters, middleware software, and application software.
We produce and sell stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags suitable for use with our printers, as well as wristbands for use in laser printers.
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Additionally, specialized features, such as advanced data capture technologies, data analytics technologies, voice and video collaboration tools, and advanced battery technologies, enable our customers to work more efficiently and better serve their own customers.
−Removed: Data Capture, RFID, Fixed Industrial Scanning, and Machine Vision:
−Removed: We design, manufacture, and sell barcode scanners, RFID readers, industrial machine vision cameras, and fixed industrial scanners.
+Added: Data Capture, Fixed Industrial Scanning, and Machine Vision:
+Added: We design, manufacture, and sell barcode scanners, industrial machine vision cameras, and fixed industrial scanners.
Our portfolio of scanners includes laser scanning and imager products in a variety of form factors, including fixed, handheld, and embedded original equipment manufacturer (“OEM”) modules.
Our scanners incorporate a range of technologies including area imagers, linear imagers, and lasers, as well as read linear and two-dimensional barcodes.
−Removed: They are used in a broad range of applications, ranging from
−Removed: supermarket checkouts to industrial warehouse optimization to patient management in hospitals.
+Added: They are used in a broad range of applications, ranging from supermarket checkouts to industrial warehouse optimization to patient management in hospitals.
The design of these products reflects the diverse needs of these markets, with different ergonomics, multiple communication protocols, and varying levels of ruggedness.
−Removed: Our RFID products include fixed readers, RFID enabled mobile computers, and RFID sleds that utilize passive ultra-high frequency to provide high-speed, non-line of sight data capture from hundreds or thousands of RFID tags in near real-time.
−Removed: Using the Electronic Product Code (“EPC”) standard, end-users across multiple industries use our RFID technology to track high-value assets, monitor shipments, and drive increased retail sales through improved inventory accuracy.
−Removed: We also offer mobile computers that support high frequency near-field communications and low frequency radio technologies.
−Removed: In 2021 we introduced fixed industrial scanning and machine vision solutions, and in 2022, we significantly expanded our machine vision solutions through the acquisition of Matrox Imaging.
+Added: In 2021 we introduced fixed industrial scanning and machine vision solutions, and in 2022, we significantly expanded our machine vision
+Added: solutions through the acquisition of Matrox Imaging.
Our fixed industrial scanning products automatically track and trace items that move from production through distribution.
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Our robotic automation solutions are available in a variety of form factors to accommodate many use cases.
−Removed: • Location Solutions, which include a range of RTLS and services that generate precise, on-demand information about the physical location and status of high-valued assets, equipment, and people.
−Removed: These solutions incorporate active and passive RFID technologies, beacons, and other tracking technologies to enable users to locate, track, manage, and optimize the utilization of enterprise assets and personnel.
−Removed: We provide substantially all elements of the location solution, including tags, sensors, exciters, middleware software, and application software.
−Removed: Our location solutions are deployed primarily in manufacturing, aerospace, transportation and logistics, sports, and healthcare industries.
Our Competitive Strengths
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An industry leader focused on improving enterprise workflows
−Removed: We are focused on the key technology solutions of EAI that drive improved enterprise workflows, including mobile computing, barcode and card printing, data capture, RFID, fixed industrial scanning, machine vision, and workflow optimization solutions, along with related software, services, and accessories.
+Added: We are focused on the key technology solutions that drive improved enterprise workflows, including mobile computing, barcode and card printing, data capture, RFID, fixed industrial scanning, machine vision, and workflow optimization solutions, along with related software, services, and accessories.
Our leadership position enables us to work with and support customers globally, in a variety of industries, who are focused on implementing leading-edge solutions.
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We expect to achieve this by leveraging our broad portfolio of solutions and product innovation and continuing to be a strategic partner to end customers.
−Removed: We also expect to drive growth by capitalizing on technology transitions occurring in the industry, including the transition to the Android™ operating system in mobile computing and transitions in data capture to newer technologies involving 2D and 3D imaging and RFID.
+Added: We also expect to drive growth by capitalizing on technology transitions occurring in the industry, including transitions to the 5th generation mobile network (5G) and Android™ operating system in mobile computing and transitions in data capture to technologies involving 2D and 3D imaging and RFID, among others.
This includes increased focus on market segments and geographies that offer share-gain opportunities.
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Our EAI vision is for every asset and front-line worker to be connected, visible, and fully optimized.
−Removed: We believe that secular technology trends, particularly in IoT, cloud computing, intelligent automation, and mobility, advance our vision and are transforming our customers’ businesses and our industry, providing us with significant new opportunities to create value for our customers and for the Company.
+Added: We believe that secular technology trends, particularly in IoT, cloud computing, automation, mobility, and artificial intelligence advance our vision and are transforming our customers’ businesses and our industry, providing us with significant new opportunities to create value for our customers and for the Company.
We expect to capitalize on these trends, and in particular the proliferation of smart connected sensors and devices in our core market segments, by providing end-to-end solutions that integrate these sensors and devices with cloud-based workflows and analytics applications.
−Removed: We plan to continue investing in the development of technologies that will enable intelligent automation solutions, providing increased visibility into the enterprise, real-time, actionable information, and improved customer experiences.
+Added: We plan to continue investing in the development of technologies that will enable intelligent solutions, providing increased visibility into the enterprise, real-time, actionable information, and improved customer experiences.
Our solutions will also increasingly include advanced features, functions, and user experiences to drive additional competitive differentiation and elevate our role as a solutions provider.
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Sustainable business model
−Removed: Zebra’s foundational ESG priorities of human capital management, resource conservation, and climate align with our strategic focus and corporate values.
+Added: Zebra’s ESG priorities of human capital management, resource conservation, and climate align with our strategic focus and corporate values.
Initiatives within these priorities are advanced by our cross-functional Sustainability Council, with executive sponsorship and board oversight.
Our approach helps to ensure that our business is sustainable over the long term for the benefit of our primary stakeholder groups, including employees, customers, partners, and investors.
−Removed: We are driving a high-
−Removed: performance, inclusive and diverse culture, striving to consistently be the employer of choice in the communities where we work and live.
+Added: We are driving a high-performance, inclusive and diverse culture, striving to consistently be the employer of choice in the communities where we work and live.
We also focus on waste reduction, circular economy product innovation with certified refurbished devices, eco-packaging and sustainable product design.
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We operate in a highly competitive environment.
−Removed: The need for companies to improve productivity and implement their strategies, as well as the secular trends around IoT, cloud computing, intelligent automation, and mobility, are some of the factors that are creating growth opportunities for established and new competitors.
+Added: The need for companies to improve productivity and implement their strategies, as well as the secular trends around IoT, cloud computing, automation, and mobility, are some of the factors that are creating growth opportunities for established and new competitors.
Key competitive factors include the breadth and quality of products, solutions and services, as well as pricing, design, performance, durability, geographic availability, warranty coverage, relationships with customers and channel partners, company reputation, and brand recognition.
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Datalogic, Honeywell, and Panasonic.
−Removed: Data Capture, RFID, Fixed Industrial Scanning, and Machine Vision :
+Added: Data Capture, Fixed Industrial Scanning, and Machine Vision :
Competitors that provide a broad portfolio of barcode scanning products and related services that are suitable for most global market applications include Datalogic and Honeywell.
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The supplies industry is highly fragmented with competition comprised of numerous companies of various sizes around the world.
+Added: RFID and RTLS Offerings :
+Added: We compete with numerous companies operating in this market including Impinj, Chainway, Alien, Rodinbell, JADAK, Ubisense, and Invengo.
Workflow optimization solutions:
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See Note 20, Segment Information & Geographic Data in the Notes to Consolidated Financial Statements for further information.
−Removed: Our Net sales to significant customers as a percentage of the Company’s total Net sales were as follows:
+Added: Our Net sales to significant customers as a percentage of the Company’s total Net sales were approximately:
Year Ended December 31,
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Finally, we experience some seasonality in sales, depending upon the geographic region and industry served.
−Removed: Our marketing function aligns closely with sales and product management functions to market our products and to deliver and promote solutions that address the needs of our customers and partners.
−Removed: Our marketing organization includes regional and channel marketing teams that interface closely with customers, partners, and sellers.
−Removed: Our marketing organization also includes teams that support global strategies and communications, including portfolio marketing, digital marketing, marketing operations and communications, and strategic marketing functions.
+Added: Our marketing function aligns closely with sales, customer success and product management to market our products and to promote solutions that address the needs of our customers.
+Added: Marketing is responsible for leading strategic cross-functional practices which benefit the broader organization including pricing, enterprise analytics, customer experience, market sizing, brand strategy and channel strategy.
+Added: From a more traditional sense, the marketing organization is also comprised of regional
+Added: marketing teams that interface closely with customers, partners, and sellers;
+Added: plus teams that support external communications, product marketing, digital marketing, marketing operations, and business intelligence functions.
Manufacturing and Outsourcing
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Human Capital
−Removed: The Company is committed to attracting, developing, and retaining talent to enable our strategic vision.
−Removed: This commitment directly shapes our approach to fostering a culture of inclusion and diversity and ensuring employees can reach their potential.
−Removed: We believe that our strong Company culture is a key enabler of our success.
−Removed: The values of accountability, integrity, teamwork, agility, and innovation are central to our culture and how we operate and work together.
−Removed: We take proactive steps to ensure that this culture continues to permeate throughout our organization.
−Removed: Employee engagement within the Company is consistently high with the most recent measures scoring above relevant benchmarks for technology companies.
−Removed: We consider our relations with our employees to be very good.
−Removed: In addition, we believe our compensation structure aligns with our stockholders’ long-term interests by balancing profitability and growth, and reflects the Company’s commitment to pay for performance.
−Removed: In response to employee survey feedback, this year the Company implemented well-being solutions including a speaker series on resilience, a manager toolkit, and a “Be You, Be Real, Be Well” campaign.
−Removed: In addition, the Company implemented zDay, a paid, company-wide day off for all eligible Zebra employees, and Focus Fridays to encourage meeting-free time on Friday afternoons.
−Removed: As recognition of the Company’s strong culture and commitment to its employees, the Company ranked #42 on Newsweek’s list of America’s 100 Most Loved Workplaces, #42 on Fast Company’s list of the Best Workplaces for Innovators, #79 on Forbes’ list of America’s 500 Best Midsize Employers and was Great Place to Work-Certified™ in 2022.
As of December 31, 2023, the Company had approximately 9,750 employees globally, with a majority in sales and technical roles.
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In Europe, for example, it is common for a works council to represent employees when discussing matters such as compensation, benefits, restructurings, and layoffs.
+Added: The Company is committed to attracting, developing, and retaining talent to enable our strategic vision and purpose.
+Added: This commitment directly shapes our approach to fostering a culture of inclusion and diversity to drive innovation and enables employees to reach their potential.
+Added: We believe that our strong Company culture is a key contributor to our success.
+Added: In 2023 we refreshed our company values, which are Lead through Innovation;
+Added: Deliver Excellence with Agility;
+Added: Think and Act Customer First;
+Added: Succeed as One;
+Added: and Make a Positive Impact.
+Added: Together, we create new ways of working that make everyday life better for organizations, their employees and those they serve.
+Added: Employee engagement within the Company is consistently high with the most recent measures scoring above relevant benchmarks for technology companies.
+Added: Furthermore, as recognition of the Company’s strong culture and commitment to its employees, the Company was ranked #66 on Newsweek’s list of Global Most Loved Workplaces, #5 on Fast Company’s list of the Best Workplaces for Innovators, and was Great Place to Work-Certified™ in 2023.
+Added: The wellbeing of our employees remains a core focus.
+Added: We have benefits that demonstrate our commitment, including zDay, (a paid, Company-wide day off for all eligible Zebra employees), summer hours, and Focus Fridays to encourage meeting-free
+Added: time on Friday afternoons.
+Added: In 2023 we launched our new Employee Experience Community, where employees from around the globe provide their input to improve people-related programs.
Talent Development
−Removed: We are a Company built on a community of changemakers, innovators, and doers who come together to deliver a performance edge to the front line of business.
−Removed: We believe that empowered team members enable us to advance our strategic priorities.
−Removed: As a result, we provide ample employee development opportunities, starting with our robust onboarding process.
−Removed: Our Zebra Education Network online learning platform offers a wide variety of learning and development resources such as formal learning courses, cross-functional development experiences, as well as tools for mentoring and career shadowing.
−Removed: We also offer annual training and certification programs.
−Removed: Additionally, on an annual basis, we conduct a comprehensive talent review to assess our leadership pipeline and align on the skills we need to proactively develop employees for the future.
−Removed: This annual exercise is complemented by quarterly sessions with management to ensure we make progress on our critical talent development efforts throughout the year.
−Removed: Inclusion and Diversity
−Removed: We are committed to leveraging a diverse workforce where employees can bring their best selves to work, to being an inclusive workplace where all employees are seen, heard, valued, and respected, and to being a recognized leader in the marketplace that values the diversity of its’ employees, customers, partners and suppliers.
−Removed: We have continued to expand our Inclusion & Diversity program, formalized in 2018, through the launch of our Inclusion & Diversity Advisory Council in 2020, the launch of our Inclusion Champions program in 2021, and the formalization of an internal I&D goals framework in 2022.
−Removed: This expansion has been enabled through our continued focus on a culture of inclusion (leveraged through our inclusion networks), embedding I&D as a component of a career at Zebra (including expanding the hiring, retention & career development of diverse talent with the support of our external outreach partnerships) and setting the foundations for wider outreach in the community (building multiple pathways for access to employment at Zebra), as well as deepening relationships with our customers through a shared vision to advance I&D.
−Removed: Our inclusion networks are employee-driven, executive sponsored communities which foster a more inclusive workplace by bringing together employees from across the business to empower, support and learn from each other.
−Removed: The inclusion networks promote collaboration and host productive dialogue to help all Zebras understand the unique needs of our diverse employee populations.
−Removed: Currently at Zebra, we have eight inclusion networks:
−Removed: Women’s Inclusion Network (WIN), Zebra Equality Alliance (ZEAL), Zebra Veteran’s Inclusion Network (VETZ), Zebras of African Descent (ZAD), Zebra Hispanic/Latinx Inclusion Network (UNIDOZ), Zebras of All Abilities (ZoAA) and Zebra’s Early Career Inclusion Network (EDGE).
−Removed: In 2022, we launched The Green Herd employee network to support grassroots sustainability efforts, inspire a conservation mindset at each Zebra site, and support and develop focus areas for active employee engagement across the globe.
−Removed: We have established talent acquisition partnerships with organizations such as Society of Women Engineers (SWE), National Society of Black Engineers (NSBE), Disability:IN, Hispanic Alliance for Career Enhancement (HACE), Hiring our Heroes (HOH), Out in STEM (oSTEM), as well as Hispanic Serving Institutions to enhance our recruitment efforts and deepen our partnerships with diverse talent.
−Removed: In addition to external outreach, we provide a variety of training including unconscious bias awareness for all employees, interviewing bias awareness training for hiring managers, and a mandatory Inclusive Leadership workshop for all people leaders.
−Removed: There are additional diversity and inclusion learning tools and resources available for all Zebras, including discussion forums and on-demand learning geared specifically on allyship focusing on the development of our diverse talent.
−Removed: Additionally, we have launched employee development programs with external coaching, partnered with CEO Action’s Executive Level Mentoring Initiative.
−Removed: We focus on how the Company deepens the impact that we have on the local communities we serve through aligned philanthropic activity, as well as increasing access for learning and employment opportunities within our communities.
−Removed: The Company values the opportunity to engage on the journey of advancing a culture of Inclusion & Diversity in collaboration with our customers and partners together, recognizing that we may share many similar opportunities and challenges.
−Removed: Our inclusion networks have started collaborating with employee resource groups at external customers and partners to share best practices and innovate on initiatives to foster inclusive cultures, as well as hosting joint events to raise overall awareness and education.
+Added: Zebra is committed to creating an environment that fosters continuous learning.
+Added: We believe that effective career development happens when employees and managers have open discussions regarding their development plans and the best way to use available resources to support their learning and development.
+Added: All Zebra employees have access to the Zebra Education Network, an online learning platform, offering a wide variety of learning and development resources.
+Added: Employees are able to make choices around their development with broad access to learning content and can connect this to their individual development plans.
+Added: We also offer annual training and certification programs for all employees globally, including mandatory compliance training.
+Added: We offer ample employee development opportunities and have expanded these offerings through our Global Learning and Leadership Roadmap (“Roadmap”) in 2023.
+Added: The Roadmap reflects Zebra’s enterprise-wide development programs and is supplemented through various functional and business unit offerings, focused on functional development needs.
+Added: The Roadmap invites all employees to participate in their development at any stage of their career.
+Added: A highlight of our program offerings includes Zebra Foundations, a course designed to help all new employees learn about Zebra, our vision, purpose, culture and values, and understand resources available, all taught through hands-on, gamified learning experiences and interactive presentations.
+Added: We also offer Zebra’s Leadership Essentials, which is designed specifically for employees new to leading others and fosters their leadership and management skill development.
+Added: This course focuses on values, team engagement, coaching and feedback, delegation and development, and performance management and innovation.
+Added: For more senior management, Zebra offers a series of leadership programs and experiences, designed to advance the development of leaders at critical stages of their careers.
+Added: Senior leaders in Zebra nominate specific candidates for these leadership programs.
+Added: We connect nominations for these programs to our annual talent review and succession planning process.
+Added: Our comprehensive talent review includes the assessment of our future leadership pipeline and skills needed to proactively develop employees for the future.
+Added: Regular talent discussions are held by Executive Leadership to align on critical planning activities and now include a review of the leadership development alumni and progress of prior participants of our nominated leadership development programs.
+Added: Inclusion & Diversity
+Added: Our vision is to leverage a diverse workforce where employees can bring their best selves to work and to be an inclusive workspace where all employees are seen, heard, valued, and respected.
+Added: We believe an inclusive and diverse workforce increases Zebra’s innovation, and drives employee development and engagement.
+Added: Our current aspirations for diverse representation are to increase the representation of women globally, and ethnic racial minority groups across the total organization.
+Added: These aspirations also include increased representation for both groups for leadership roles (director level and above).
+Added: To support these aspirations, we routinely review our progress through inclusion survey scores, ERG engagement, diversity of candidate slates, succession plans, and voluntary turnover, which drive shared accountability across the organization.
+Added: Additionally, we partner with outreach organizations (Disability:IN, Hispanic Alliance for Career Enhancement (HACE), and Hiring our Heroes (HOH)) to expand our talent acquisition reach to historically underrepresented groups.
+Added: We will continue to focus on the development and retention of talent that creates opportunities for progress toward our aspirations.
+Added: Our Company-wide 4C Framework will also continue to guide our Inclusion & Diversity (I&D) strategy, encouraging all employees to contribute to I&D in ways meaningful to them and their work at Zebra:
+Added: Advancing culture of belonging through continuous learning.
+Added: Providing insights to inspire curiosity for progress and individual advancement.
+Added: Connecting actions in the community with our philanthropy philosophy.
+Added: Advancing customer relationships through shared I&D aspirations.
+Added: Our focus on I&D continues through the expansion of our Employee Resource Groups (ERGs), now with over 20% employee membership across the globe.
+Added: With two new ERGs in 2023, we now have nine employee-led ERGs, along with an employee-led sustainability network, that are pivotal to our culture of inclusion and are aligned with our 4C model.
+Added: All of our ERGs are sponsored by members of our Executive Leadership Team.
+Added: Our I&D Advisory Council, comprised of Executive Leadership Team members and leaders of our ERGs, oversees our strategy, governance, and progress against aspirations for an inclusive culture and diverse representation at Zebra.
+Added: We proactively collaborate with our ERG leaders, members, and allies to support and deliver continuous learning, with input provided to refresh our Inclusive Leadership training and Connect through Inclusion Workshops.
+Added: Our employees actively participate in volunteering activities, supported through our Zebra Gives programs.
+Added: In 2023 our employee volunteerism (measured by use of volunteer paid time off) increased by 30% over 2022.
+Added: Through our community partnerships, our employees leverage their talents and experience to have a positive impact on important community causes and outreach, including advancing STEM education along with our I&D vision.
+Added: Through partnerships to advance STEM, we
+Added: sponsor educational events, mentor teams and individuals, and pilot programs to widen Zebra’s future talent pipeline.
+Added: Our philanthropy focus extends to Healthcare and Disaster Relief where we maintain relationships with key strategic partners.
+Added: In addition, we benchmark and learn from a network of organizations through our membership of the Alliance for Global Inclusion, where we also participate in the Alliance Index to inform our internal I&D strategy.
+Added: In 2023 Zebra received a perfect score of 100 in the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, the foremost benchmarking survey and report measuring how U.S.-based companies promote LGBTQ+ workplace equality through corporate policies, benefits, and practices.
+Added: We intend to continue participating in such indices into 2024 to inform the choices we make on inclusive policies and practices.
Regulatory Matters
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.