Reebok 2010 Annual Report Download - page 120

116 Group Management Report – Our Group Employees
Talent management: With specifically
designed talent management tools, we
identify employees at all levels of our
Group who have the potential to become
future leaders in our organisation. In
order to prepare employees for more
complex future roles, they participate in
targeted development programmes for
various levels within the organisation:
– Executive Development Programme
(EDP): A global adidas Group
programme (cross-brand and cross-
functional) for employees who show
potential for the Executive level. The
programme is centrally managed and
executed.
– Management Development Programme
(MDP): A global adidas Group
programme which is executed region-
ally. This programme is tailored to
employees from different functional
areas and brands who show potential
for the management level.
– People Manager Development
Programme (PDP): A global adidas
Group programme which is executed
locally. The programme targets
employees at a team leader level who
show potential for their next career
step.
– Business Management Programme
(BMP): A 24-month international cross-
functional and cross-brand programme
aiming at attracting professionals with
MBA degrees and three to five years
work experience to prepare them for
future management positions within
our Group. At year-end 2010, six
employees were participating in the
BMP globally (2009: 5).
– Functional Trainee Programme (FTP):
A 12- to 18-month programme giving
graduates with an international
background and excellent educational
credentials the opportunity to start
a functional career within the adidas
Group. The programme comprises six
three-month assignments in varying
departments. At least one of these
assignments takes place abroad.
At year-end 2010, we employed
36 participants in our global FTP
(2009: 39).
Our development programmes are
complemented by apprenticeship and
internship programmes. The adidas
Group apprenticeship offers young people
who want to join our Group straight out of
school the opportunity to gain business
experience in a three-year rotation
programme. The programme includes
vocational training in retail, industrial
management and IT as well as integrated
study programmes. At the end of 2010,
we employed 55 apprentices in Germany
(2009: 58).
Our global internship programme
gives students three to six months work
experience within the adidas Group. For
“best-of-class” interns, we continued
our “ReBound” programme to foster
potential future employment. At the end
of 2010, we employed 320 interns in
Germany (2009: 331).
Succession management: We have a
Group-wide succession management
process in place that helps us identify
succession risks as well as develop
designated or potential successors
for future management positions. The
current succession situation for all
positions from Director level is discussed
regularly by senior management. The
succession management process is
supported by a system solution which
hosts position and employee data
related to performance, potential, career
aspirations, mobility, etc. Our system
solution is applied in 71% of the adidas
Group business units. The target for 2011
is to reach a Group-wide online coverage
of 94%.
Performance-driven
remuneration system
We are committed to rewarding our
employees with compensation and
benefit programmes that are competitive
in the marketplace. Remuneration
throughout the Group comprises fixed
and variable monetary compensation,
non-monetary rewards, as well as other
intangible benefits. The cornerstone of
our rewards programme is our Global
Salary Management System which
is used as a basis to set the value of
employees’ positions and salaries in
a market-driven and performance-
oriented way.
Success drivers for performance
01
Performance culture
Actual
performance
Performance
management
Talent
management
Succession
management
LEADERSHIP EXCELLENCE
LEADERSHIP EXCELLENCE
Development and training framework
02
TALENT DEVELOPMENT
Fit for Tomorrow
TRAINING
Fit for Today
Executive
Manager
Professional
Executive offerings
Advanced management
training
Basic management
training
Professional training
Functional Trainee
Programme (FTP)
Business Management
Programme (BMP)
People Manager Develop-
ment Programme (PDP)
Executive Development
Programme (EDP)
Management Develop ment
Programme (MDP)