annual-and-sustainability-report-2014

malkyl

annual-and-sustainability-report-2014

Developments during the year | Sustainable financial performanceActivities during the yearThe Vattenfall Management Institute (VMI) is responsible for conductingleadership development programmes of a high international standardin areas of strategic importance for Vattenfall. The aim of the coursesis to support and help managers, project leaders and others in seniorpositions in their development of leadership qualities and make themmore effective at leading employees and the business activities.Training courses are held on a regular basis throughout the year.Speakers’ Corner is an internal forum for senior management andemployees to meet and discuss current events and answer questions.During the year some 30 such events were held, where the company’sresults and other matters were discussed.Planned activitiesDuring times of restructuring and reorganisation, strategic competenceplanning is increasingly important. This includes activities suchas competence sharing, job rotation, leadership development andtrainee programmes aimed at ensuring access to future leaders andkey competencies.The focus of activities varies within the Group, depending on thevarying conditions in Vattenfall’s markets. Work in the Nordic marketwill revolve around a number of diversity aspects, including gender,ethnicity and age, while in the German operations the focus will continueto be on achieving a more even gender balance. High performance cultureVattenfall strives to foster a high performance culture in which theGroup’s overarching strategic direction and business objectives areclearly communicated and pursued throughout the organisation anddefined as concrete goals for work teams and individual employees.In 2014 Vattenfall coordinated and established a Group-wide processfor how to set goals, provide and receive feedback, and followup results. The results of this work will be followed up in the MyOpinion survey in 2015.48 Vattenfall Annual and sustainability report 2014

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