Clear and open feedback to performance and potential serves as a foundation for identifying development chances for our employees. As a result concrete development measures are defined to suit the individual needs of the employee.

One of the most important instruments of the talent management process for our managers is the Development Dialogue - a confidential feedback session between employee and supervisor. These dialogues do not only simplify the personal and professional development but also enable targeted, long-term career planning. They assess managerial skills such as personal commitment, problem-solving abilities, and the ability to work in a team. Furthermore, connections are made between the leadership skills and the professional expertise of the employee.

For the assessment of our non-executive employees we operate with locally customized evaluation and development systems. The superiors assess their employees in confidential feedback conversations on the basis of their prior achievements. This enables employees to recognize what is expected of them, what their strengths and weaknesses are, and where they can improve.

Subsequent to these globally taking place feedback sessions, specific targets and measures are agreed. These can include on-the-job trainings, seminars or job enlargement as well as preparation for future tasks and executive functions. The individual measures are put down in writing and are reviewed and monitored in suitable time intervals.

Moreover the informal feedback plays an important part in professional life. This is the only way to ensure that our employees show their best performance on a daily basis giving them the opportunity to thrive.