The VDM Metals Group has won this year’s St. Gallen Leadership Award. The award is presented annually by the Institute for Leadership and Human Resource Management (I.FPM) at the University of St. Gallen and the German Association for Human Resource Management (DGFP) to honor successful leadership initiatives.
At the beginning of 2018, VDM Metals set out to adapt its own leadership culture to the increasingly complex requirements of nowadays. The starting point was the intensifying battle for talent, employees’ changing expectations regarding corporate culture and leadership, and the question of how the Group can best promote motivation and loyalty in the future. Several workshops were held to critically examine the practices that had been in place to this point and a so-called Leadership Compass was developed.
It includes guiding principles for cross-hierarchical interaction, error culture, continuing education and the design of the working environment. Managers are required to adhere to the principles and employees can demand compliance. As part of the implementation of the Leadership Compass, the range of continuing education courses for managers was expanded in a targeted manner and, a digital learning platform was introduced via which multimedia content can be provided.