Attracting and retaining talent
The global workforce is predicted to change dramatically over the next 20 years. A recent report1 cited two challenges faced by global organisations – a blocking of the talent pipeline in developed markets as older employees work longer and a potential global shortage of skilled workers, because growing labour markets in developing countries will be mostly unskilled2. We're responding in three ways:
First, we've introduced a new career framework to identify the skills, experience and competencies required for roles. This way, we can match employees' own needs to those of the business and develop more effective Individual Development Plans.
Secondly, we offer continuous development to our employees, whether in their current role or to prepare them for a new one. This year we introduced more functional training, particularly in technical areas such as engineering and brewing, so as to boost our capabilities and guard against potential skills shortages. In the year ended 31 March 2013, we provided an average of 3.7 training days for every employee (2012: 4.0).
Finally, we seek to ensure that the talent we need to protect our growth and provide tomorrow's leaders is identified early and properly nurtured. The roles most critical to delivering business strategy within SABMiller have been identified, as have potential candidates for these roles across all regions. This helps us to get the right people quickly into position. In the past year, we made 36 key appointments from this global talent pool with experienced executives taking up senior posts groupwide. Any moves by these individuals need to be approved by SABMiller's executive committee to ensure the best deployment of talent in accordance with both individual skills and aspirations, and organisational needs.
1 McKinsey & Company, "The world at work: Jobs, pay, and skills for 3.5 billion people", June 2012.
2 Those without college training in advanced economies or without secondary education in developing economies.
Sustainable Development Report
Our 2013 Sustainable Development Summary Report, covering progress on our 10 priorities.