Html - PUMA CATch up
Html - PUMA CATch up
Html - PUMA CATch up
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<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