Annual Report 2010 - Knorr-Bremse AG.
Annual Report 2010 - Knorr-Bremse AG.
Annual Report 2010 - Knorr-Bremse AG.
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126 RepoR t | KnoRR-BR e MSe GR o U p<br />
in this region climbed to 21.4% (2009: 18.4%). This increase also reflects the extremely positive growth<br />
of <strong>Knorr</strong>-<strong>Bremse</strong>’s business in Asia/Australia.<br />
Human resources development<br />
<strong>Knorr</strong>-<strong>Bremse</strong> stands for outstanding, globally recognized products, processes and services. The<br />
Group’s human resources policy plays an important supporting role by providing for systematic and<br />
targeted HR development and placing particular emphasis on international job assignments around<br />
the entire globe. In the year under review, the HR development instruments defined in the Human<br />
Resources Roadmap and the People Excellence Initiative (PEX) were harmonized worldwide and implemented<br />
in all <strong>Knorr</strong>-<strong>Bremse</strong> locations.<br />
A comprehensive talent management program develops qualified successors for key management<br />
positions and offers high potentials attractive career opportunities within the Group. The International<br />
Development Center and International Development Programs modules for junior managers were<br />
redesigned and reworked during the period under review. The Development Center, which is held<br />
several times each year, allows <strong>Knorr</strong>-<strong>Bremse</strong> to identify individual strengths and areas for improvement<br />
and to define targeted and systematic professional development measures for each participant.<br />
The Leadership Feedback initiative, which was successfully completed in November <strong>2010</strong>, for the first<br />
time featured a uniform international questionnaire and made use of a supporting online program.<br />
Approximately 1,000 managers in over 50 locations were evaluated by around 13,000 employees. This<br />
confidential and anonymized process aims to promote and optimize cooperation within each team by<br />
allowing managers to receive feedback from their employees on their leadership skills.<br />
<strong>2010</strong> also saw the revision of the staff dialogue – the regular performance review process between<br />
supervisor and employee – and the introduction of a uniform global standard for performance review<br />
procedures and timing.<br />
Management Evolution Program (MEP)<br />
Successfully established twelve years ago, <strong>Knorr</strong>-<strong>Bremse</strong>’s Management Evolution Program (MEP)<br />
gives new hires the opportunity to participate in three important projects as trainees, gaining valuable<br />
insights into operations in different parts of the Group. The combination of direct project responsibility<br />
and special training courses helps to develop the trainees’ hard and soft skills in a professional<br />
context. In the year under review, strong growth in the Asia region led to the inclusion of two Chinese<br />
and one Indian participant in the program for the first time. <strong>Knorr</strong>-<strong>Bremse</strong> has given priority to the<br />
continued internationalization of the MEP.<br />
University marketing<br />
In <strong>2010</strong> <strong>Knorr</strong>-<strong>Bremse</strong> again participated in around 40 human resources and recruiting fairs, strengthening<br />
the awareness and position of the company among university professors and departments as<br />
well as university graduates. Cooperation agreements with well-known universities and colleges in<br />
Germany and other locations around the world allowed early links to be forged between <strong>Knorr</strong>-<strong>Bremse</strong>