Presentation on theme: "British American Tobacco Performance Management Example"— Presentation transcript:
1British American Tobacco Performance Management Example
2British American Tobacco world-wide The company has operations in 180 countries and the best-selling cigarette brands in 30 of those.The Group manufactures cigarettes in over 50 countries.Operations in 180 countriesManufacturing in 48 countriesPerformance Management Conducted Everywhere!Over 100,000 employees
3Our vision for the future World’s number oneSuperior Workforce WorldwideBritish American Tobacco is committed to a vision for the future. It is our ambition to lead the international tobacco industry and to perform alongside top global companies – across all industry sectors – in terms of profit growth.It is this long term goal that inspires our people and drives our strategy.(The man in the photo is Martin Broughton, the current CEO of British American Tobacco Industries)
5Performance Appraisal and Career Enhancement system (P.A.C.E) PACE is a key management process for reviewing the past and planning the future.It is a management tool which aims to:* Improve the performance* Enhance the development
6Principles of PACE Pace is competency based It is widespread throughout the British American Tobacco WorldPace encourages objectivityPace emphasises development
7PACE Agenda Performance review Competence review Development plan Setting objectives for next yearFuture career preferencesThe United States is the second largest cigarette market in the world by volume. It is the root of British American Tobacco's own origins and the centrepiece of the region, which also includes Japan - the world's third largest market and a major importer from the US.It is a dynamic market where consumer tastes and trends are constantly changing and nearly a third of all cigarettes sold are in the value-for-money segment. Two of the company's brands are among the top 10 in the US - value priced GPC and the popular premium menthol brand KOOL. The company has also developed successful new concepts, including the fast-growing ultra slim cigarette, Capri.Leading brands - KOOL, Carlton, Capri and Pall Mall. Kent and Lucky Strike are amongst the top 10 imported brands in Japan.
8Performance Review; Rating Rating Definition & DescriptionA Exceptional PerformanceThe individual has exceeded expected performance criteria by a wide margin in all key result areasB Excellent PerformanceThe individual has exceeded performance criteria in most key result areas and has not produced any less than satisfactory results.C+ Above Target PerformanceThe individual has either achieved expected performance criteria with one critical area exceeded or has exceeded standards in two critical areas with the result that a lesser priority area is under-achieved.C On Target PerformanceThe individual has either achieved the expected performance criteria in all key areas or has exceeded performance in one critical area with the result that a lesser priority area is under-achieved.C- Below Target PerformanceThe individual has achieved the expected performance criteria in all but one critical area.D Poor PerformanceThe individual has under-achieved in a number of key result areas.E Unacceptable PerformanceThe individual has constantly failed to meet the performance criteria in all key result areas.
9There are two classes of competence : Competency ReviewCompetencies are skills, knowledge and behaviours which underpin effective managerial performance.There are two classes of competence :ManagementTechnical
10Management Competencies · People Leadership· Resource Management· Business Development· Communicating· Influencing· Creative Thinking· Rational Decision Making· Career CommitmentWe are committed to maintaining the highest business and ethical standards in all our operations. To help achieve this, around the world we apply the same appraisal, training and career development processes as well as highly competitive remuneration and reward schemes.Setting the same rigorous standards internationally ensures that British American Tobacco has first-class people in all of its markets, creating a global pool of talent which the company can deploy with total confidence anywhere in the world.
11Development PlanAn agreed plan to address the identified areas for improvement, covering more than one review periodTraining courses/seminarsAlternative development methodsWe are committed to maintaining the highest business and ethical standards in all our operations. To help achieve this, around the world we apply the same appraisal, training and career development processes as well as highly competitive remuneration and reward schemes.Setting the same rigorous standards internationally ensures that British American Tobacco has first-class people in all of its markets, creating a global pool of talent which the company can deploy with total confidence anywhere in the world.
12Objectives for Next Year Key Result Areas (KRAs) and agreed specific performance criteria for the coming yearObjectives should be S.M.A.R.T.SpecificMeasurableAttainableRelevantTime-boundUltimately, it is people who make our business successful and British American Tobacco takes pride in recruiting the very best international talent in order to achieve sustained growth and development.Our graduate recruitment programme targets 250 carefully-selected universities to give British American Tobacco access to the best graduates available around the world, and the company operates an equally selective mid-career recruitment programme to bring in experienced professionals from other companies, both in and beyond the FMCG sector.
13Future Career Preferences Next job preference, if identifiedSpecial circumstancesMobilityCovering more than 50 markets, including both Russia and Germany the worlds 4th and 6th largest cigarette markets. (Note: this excludes the sales of Kreteks in Indonesia)Europe has two very different personalities.
14Career management Growing talent from within Graduate recruitment and Management Trainee ProgrammePace discussions with superiorsCareer development meeting procedureCareer ReviewsThis international approach to doing business provides a challenging work environment, stretching people's management capabilities and offering a world-wide career opportunities. As British American Tobacco continues to grow and develop new markets, the opportunities steadily expand.
15Career development meeting procedure Global approachConsistency world-wideWell informed, thoroughly debated and effectively managed judgements and decision making on the future careers of managers
16CDM Procedure Local CDM Discussions Feedback from Mentors Local CDM Pace Guidelines(November)ChangesScheduleKey Capabilities/ CompetenciesKRA- IssuesMTLocal CDMFollow-up of PlansUpdate/ReviewGraduate RecruitmentDiscussions(January)Head of function with mgrs oftarget population(combined with the Mgrsown PACE discussion)FeedbackfromMentorsPreparing of appraisers/ appraisees(December)HRLocal CDM(ASAP)Feedback from Regionaland Functional CDMsUpdate and follow-up ofissuesGraduate RecruitmentPACE(31 Jan)Performance RatingsCareer AspirationsDevelopment NeedsStrengths and WeaknessesViews and proposalsPrepared by Head of Functionand HR ManagerLocal CDM(16 Feb)Potential DefinitionCareer PlansDevelopment PlansSuccession PlansGraduate RecruitmentFunctional CDMExecuTRACKRegional CDM( April)Area CDM(End Feb)
17Career development meeting procedure CDM agenda: An Important Meeting!- Review of current situation and its implications- Organisation development- Potential definitions- Career plans- Succession plans- Development plans- Management trainee intake and developmentWestern Europe is sophisticated, competitive and a highly developed region for consumers with high brand loyalty and taste for lighter, international style cigarettes. Here British American Tobacco can utilise its strong portfolio of international and regional brands, Lucky Strike and Barclay being among the leading names.