The business year is coming to an end, and with it the 2017/18 intake for the value:program—the voestalpine Group’s own continuing professional development program for executives and those employees wishing to take on more management responsibility in their companies in the future. Some of the participants have already completed this year’s intensive program, while others are about to do so.
At the end of a long year of continued professional training involving three highly intensive block events, each run over several days, all eyes were focused on the final presentation of the business cases in “value Stage 2”. Twenty-seven participants—executives from six countries—presented the results they had developed over the year, in addition to the daily business. The eyes included those of the Management Board of voestalpine AG: it was a high-profile audience attending the event in Bad Leonfelden, north of the Group’s headquarters in Linz, among them the Management Board Member and Head of the Metal Forming Division Peter Schwab and voestalpine CFO Robert Ottel.
Real solutions for real cases
This is not surprising as the cases presented in “value Stage 2” are also real challenges, drawn from everyday professional life and for which feasible solutions need to be found. More importantly, however, they are taken directly from the real-life experience of the participants in the Group, and the scope of the cases and their solutions impact broad sections of voestalpine. In addition to the case studies, the training blocks focused primarily on strategy, change management, and leadership.
A full program for many participants
900 km away, 31 participants had already completed the first round of “value Stage 1” in their second and last block. For ten days in a row in the Dutch town of Amersfoort, the participants from twelve countries had grappled with topics including strategy. These first days also included a strategy dialog. A visit to voestalpine Automotive Components Bunschoten offered a chance to take a look at the work of one company in the voestalpine Group. The topic of finance was studied in the form of a business simulation, while the 10-day training block ended with a focus on change management.
The Group offers its employees up to four rounds of “value Stage 1” each year, and two further rounds for the 2017/18 intake will be concluded in March and April.