Development of Our People

We are both a technology and a people business. Our success depends on competent and motivated employees, and our business is founded on their know-how in the technologies that we provide.

Outotec 35 years in Mexico and Central America

 

Outotec 35 years in Mexico and Central America. The milestone was celebrated with personnel in the San Luis Potosi office in September 2014.

 

Enabling employees to reach their full potential

Our goal in developing Outotec’s people is to enable our employees to reach their full potential. Our focus is on driving continuous learning and leadership development to ensure professional growth. Competence development is also identified as an important area in many of Outotec’s strategic programs and we take active measures in building development curricula for key roles.

 

Employee engagement and performance enablement are our priority drivers and seen as a key differentiating factor. Therefore, we will continue to challenge ourselves over the long term with key targets that are linked to our employee engagement survey O’People’s results. Read about our targets.

 

Based on the results of the 2013 survey, Outotec’s employee engagement index was 69 percent, which is at the same level as the international standard. The performance enablement index was 67 percent, slightly below the standard, which is 73 percent.

 

Two global themes were identified for further development; namely, collaboration and customer centricity. The next survey will take place in 2015. We also measure the percentage of employees who receive regular performance and career development reviews.

 

PERFORMANCE MANAGEMENT
 

More than 95 percent of Outotec employees have engaged in performance development dialogues (PDD). In 2014, we developed our performance management practices further. A new component, Outotec value based behaviors, was embedded into PDD in order to enhance Outotec’s value-based culture. Extensive training and communications facilitate the implementation of performance reviews.

 

Outotec values are the foundation of our strategy and we want to ensure that all employees know our values and demonstrate the value-based behavior in everyday life. From 2015 onwards employees will be assessed annually on achieving targets, overall performance and value-based behaviors. Outotec is committed to continuous improvement in performance and pay for value-based behavior, and performance reviews are one concrete tool for managers to set development targets and give structured feedback, and they also support employee rewarding.