Siemens 2005 Annual Report Download - page 24

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24
Letter to our Shareholders Managing Board Fit4More
People Excellence
Siemens Leadership Excellence
Siemens Leadership Excellence (SLE) is our program to prepare Siemens managers for the
challenges of the future. Top executives – including the members of our Managing Board –
participate in the program as both mentors and mentees. By equipping managers for their
leadership responsibilities, SLE’s Siemens-specific curriculum lays the groundwork for the
success of individual participants as well as entire business units.
This highly interactive program is providing a solid foundation for our global Company-
wide network of ideas and know-how. It is also bringing entry-level managers into contact
with senior executives, who serve as career models and coaches.
SLE aims to:
■foster leadership and values
■provide management tools
■encourage the development of new approaches, strategies and tools
■establish a Company-wide network of managers around the world.
Recognizing top talent
Once a year, as part of our Siemens Management Review, we initiate an intensive process
aimed at identifying our most talented employees and actively fostering their further devel-
opment. In fiscal 2005 alone, we focused on 1,500 employees, many of whom were just
embarking on their Siemens careers. The most important part of their development takes
place in their immediate work environments – in all Groups and Regions.
New hires
In fiscal 2005, we hired 61,400 employees worldwide, 31 percent of whom hold university
degrees. A full two-thirds (13,800) of our university-trained new hires are engineers and
scientists. As these figures attest, we continue to boast an exceptionally well-qualified work-
force.