Volvo 2012 Annual Report Download - page 21

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The Volvo Group's vision is to become the
world leader in sustainable transport solu-
tions. A deciding factor in fulfilling this vision
is our employees and their knowledge and
commitment. Read more on page 30.
5.1 Become an attractive employer measured by
reaching the employee engagement level (EEI)
of high performing companies
We want to have committed employees with a
level of engagement that is on par with high per-
forming companies, defined as the top 25 percent.
This will enable us to deliver on our business
objectives and make us an attractive employer.
Furthermore, our workplaces should have an open
and inclusive culture, providing a healthy and
inspiring work environment.
5.2 Drive high performance measured by reaching
performance excellence level (PEI) of high
performing companies
This objective aims to drive continuous improve-
ments and high performance. Each individual
needs clear personal objectives that are aligned
with the strategic objectives of Group Trucks. Man-
agers must provide clear feedback to employees
and reward and recognize performance.
5.3 Secure leadership and strategic competencies,
primary focus is the implementation of Volvo
Group University
By establishing a Volvo Group University, we
will gather training and development activities
in a shared, efcient organization. Other aspects
of this objective include enhancing knowledge
transfer and mobility in the Group, carrying out
talent reviews on all levels and improving our
ability to plan and secure our future competency
requirements.
5.4 Build an efficient and inclusive organization
by implementing common global level 1 and
2 processes
Effectively utilizing process orientation and
standardization will help us create a more ef-
cient organization and provide us with a map that
more clearly defines roles and responsibilities.
By implementing shared global processes we will
truly become one company, with a cohesive cul-
ture based on the Volvo Way.
Focus area 5: Build high
performing global teams
To outperform competitors and
achieve agreed objectives, we must
attract and retain people with the right compe-
tencies across all of our businesses. Fully lever-
aging the existing in-depth business expertise
and adopting best practices throughout our
global organization will set us apart from the
competition.
5
17