We want to fill senior positions from within the company wherever possible. This motivates employees and ensures continuity, prevents the loss of knowledge, and strengthens the ties between managers and our company. For this purpose, we established a talent management scheme in 2016, which determines key positions in the company, identifies the top performers, and provides optimal opportunities for promotion. The talent management programme currently includes 250 managers.
When it comes to the development of skills within the scope of the talent management scheme, we are already able to build upon several development programmes. These include:
- The Junior Development Programme (JDP) for young employees with leadership potential
- The Management Development Programme (MDP) for experienced employees
- The European Management Development Programme (EMDP), a group-wide personnel development initiative for junior managers in all PHOENIX group countries
- The training programme for top and senior management
In the fiscal year 2016/17, around 300 employees across Europe participated in the ongoing rounds of these programmes.