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We aim to help employees fulfill their potential. We intend to provide opportunities for them to learn and grow, while assigning accountability and rewarding them for performance.
To facilitate this, we introduced a new performance management system. Called the People Cycle, the system applies to all employees of RHI Magnesita. This year-long cycle focuses on performance and career management; talent management; feedback and development. The process will ensure that both employees and leaders conduct regular planning and structured performance reviews and will be supported by annual talent committees.
We have also launched a series of global training programmes, ranging from programmes for operations to sales and purchasing, to ensure we develop best-in-class capabilities in our growing business.
As we become a global company, we encourage employees to learn languages used across our business. More than 1,000 employees have already registered to use our new online language training courses within six months.
During 2018, we conducted 39,881 hours of global development programmes. This does not include training and development conducted by local operations.