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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>

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