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Annual Report - Miba

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One of the main pillars<br />

of <strong>Miba</strong>’s success<br />

As a corporation, <strong>Miba</strong> strives to be one of the most<br />

attractive employers and is willing to make considerable<br />

investments for that purpose. Traditionally, 1% of the<br />

annual sales is invested in training and education for<br />

employees. On the other hand, employees invest their<br />

“human capital” in <strong>Miba</strong>. Our objective is to utilize, sustain<br />

and expand <strong>Miba</strong> employees’ knowledge and skills in the<br />

best possible manner. This agreement is codified in <strong>Miba</strong>’s<br />

“Human Capital Charter”.<br />

Employees<br />

The importance attached to “Human Capital” in <strong>Miba</strong> is also expressed in the newlycreated<br />

position of Vice President Human Capital, who is directly accountable to <strong>Miba</strong><br />

AG’s Management Board. Dr. Gabriele Gerach-Schwarzer has held this position since<br />

August 2004. <strong>Miba</strong>’s Leadership@cademy is a central training and support program for<br />

current and potential managers. This intensive and practice-oriented program is held in<br />

English, the Group’s working language, and students have to submit a “master thesis” on<br />

one of <strong>Miba</strong>’s future topics in order to complete their studies. The first graduates were<br />

awarded their diplomas in October of the previous year.<br />

The participants at <strong>Miba</strong>’s Leadership@cademy come from different countries and from<br />

diverse business and functional units within <strong>Miba</strong>. This results in an international mix<br />

which considerably contributes to the integration of <strong>Miba</strong> sites all over the world. The<br />

Management Board directly selects the participants.<br />

29

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