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p : 20 | C : 2<br />

<strong>PUMA</strong>Vision<br />

TALENT MANAgEMENT<br />

<strong>PUMA</strong>’s talent management strategy<br />

thrives on a sustainable concept consisting<br />

of early talent identification and development<br />

to s<strong>up</strong>port the growth objective we set<br />

in our global business plan. We attract the<br />

best talent from around the globe, leveraging<br />

each individual by effective assignment<br />

and promotion planning to build a performance-driven<br />

organization that rewards<br />

and retains the best talent.<br />

TRAiNiNg AND DEvELOPMENT<br />

Whether an introductory seminar or specialized<br />

coaching, all training courses are<br />

developed on the basis of our very own<br />

key competencies. In the past year, existing<br />

training courses were optimized and<br />

extended to meet our employees’ requirements<br />

throughout their entire professional<br />

development.<br />

Several regions continued the global trend<br />

to further extend the development opportunities<br />

for employees during the past<br />

years. New trainings offers for all employees<br />

as well as the role out of the International<br />

Leadership Programm, led to a total<br />

number of 7408 trained employees in 2012,<br />

excluding all safety related trainings.<br />

Another new training element initiated in<br />

2012 is the <strong>PUMA</strong> Afterwork Leader series<br />

of lectures. Notable persons from sports,<br />

business, science and non-profit organizations<br />

provide interesting concepts and<br />

approaches in terms of leadership. The<br />

first lecture’s topic, ‘Leading Innovations’,<br />

<strong>PUMA</strong> BUsiness And sUstAinABility RePoRt 2012<br />

was presented by Professor Malte Brettel.<br />

He focused on the question “how to run an<br />

entrepreneurial department successfully<br />

as an executive in a competitive environment.”<br />

In early 2013 we will welcome Ken<br />

Read, the Volvo Ocean Racing team skipper<br />

of the <strong>PUMA</strong> boat Mar Mostro. He will<br />

speak about his own experience of leading<br />

in extreme adversity and in tough times – a<br />

valuable insight and experience in the current<br />

economic environment. The <strong>PUMA</strong><br />

Afterwork Leader series will continue in<br />

2013 with other notable speakers.<br />

COMPETENCY &<br />

PERFORMANCE MANAgEMENT<br />

We believe that every single employee plays<br />

an important role in <strong>PUMA</strong>’s success and<br />

accomplishments. To ensure that our employees<br />

always meet the competencies required<br />

for their positions and are perfectly equipped<br />

for helping achieve our business goals, each<br />

employee undergoes a performance management<br />

process. The annual appraisal<br />

interview consists of feedback against busi-<br />

ness, personal and sustainability objectives<br />

on the one hand and coaching by managers<br />

on the other. Being interconnected with our<br />

training catalog, this system helps suggest<br />

further employee development measures.<br />

In 2012, our internal performance system<br />

was rolled out to additional regions such<br />

as India and Benelux. As the system is<br />

used by 56 percent of the targeted workforce<br />

(excluding employees in Retail), we<br />

ensure consistency and standardization in<br />

our global competency and performance<br />

process. Our main objective for 2013 is to<br />

include further countries such as China and<br />

Mexico to identify and develop talent in markets<br />

with a high growth potential.<br />

SUCCESSiON PLANNiNg<br />

In 2012, we extended our talent management<br />

process adding a sustainable succession<br />

planning tool to ensure proper staffing<br />

of key positions in order to promote<br />

the future growth of <strong>PUMA</strong>.<br />

Our objective for 2013 is the alignment of<br />

talent management and succession planning<br />

throughout <strong>PUMA</strong>’s areas, regions and<br />

headquarters as well as the alignment of<br />

processes with our performance management<br />

system, People@<strong>PUMA</strong>.<br />

Talent evaluation is one of the first steps<br />

in the talent management and succession<br />

planning lifecycle. The evaluation of talents<br />

helps us identify how to promote employees<br />

in an even more target-oriented way and<br />

how to define priorities in terms of personnel<br />

development.<br />

f.4 t.1<br />

1 Definition & validation of key positions<br />

by HQ / Region /Country<br />

2<br />

3<br />

4<br />

5<br />

Annual performance & competency<br />

appraisal by manager<br />

Talent validation & succession planning<br />

Talent review: HQ / Region /Country<br />

Talent assessment & final succession<br />

planning MRT: Corp. HR<br />

Start talent development to fill<br />

accelaration pools across leadership<br />

pipeline<br />

4<br />

5<br />

MRT = Management Round Table<br />

3<br />

Figure 4: <strong>PUMA</strong> talent management &<br />

succession planning lifecycle<br />

1<br />

2

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