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HENSOLDT

Aligning Employee Performance to the Business Score Card

HENSOLDT is a global pioneer of technology and innovation in the area of defence and security electronics. The company is a market leader in civilian and military sensor solutions, developing new products to counter evolving threats based on disruptive concepts in such fields as big data, robotics and cyber security.

 

HENSOLDT considers its employees to be its most valuable asset and, therefore, gives top priority to developing them further. Their success is based on the work of its highly skilled employees that are fascinated by high-end technology and driven by the desire to meet evolving customer needs. In order to empower their employees to achieve that desire, they want to have the right tools in place.

The main challenge HENSOLDT solved with Lumesse's Talent Management Suite was to align individual performance with the strategic objectives of the business and the balanced score card.

Why Lumesse?

The primary reason HENSOLDT selected Lumesse as their provider, was that they were the only ones in the process who were able to offer an employee-centric Talent Management Suite. A suite that provides a unified solution for development planning, performance management, career and succession planning and which comes with a modern user experience.

It is very important for HENSOLDT to empower their employees to identify their strengths and to evaluate their competencies for tailored and self-directed personal development. The Lumesse Talent Management suite fully supports them in doing so. It allows for transparent performance planning, where managers and employees participate in completing the performance and development plans. The Lumesse Talent Management Suite was implemented in a very short timeframe and quickly generated a high benefit for the organization as a whole.

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With a total workforce of some 4,300 employees, HENSOLDT generates revenues of more than 1 billion euros per year. In 2017, HENSOLDT managed to secure orders worth €1.2 billion, while revenues increased to almost €1.1 billion. This economic success also “pays off” for the employees. Every employee fully entitled to benefits received a bonus. For strategic talent management HENSOLDT uses the:

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HENSOLDT is a global pioneer of technology and innovation in the area of defence and security electronics. The company is a market leader in civilian and military sensor solutions, developing new products to counter evolving threats based on disruptive concepts in such fields as big data, robotics and cyber security.

 

HENSOLDT considers its employees to be its most valuable asset and, therefore, gives top priority to developing them further. Their success is based on the work of its highly skilled employees that are fascinated by high-end technology and driven by the desire to meet evolving customer needs. In order to empower their employees to achieve that desire, they want to have the right tools in place.

The main challenge HENSOLDT solved with Lumesse's Talent Management Suite was to align individual performance with the strategic objectives of the business and the balanced score card.

Why Lumesse?

The primary reason HENSOLDT selected Lumesse as their provider, was that they were the only ones in the process who were able to offer an employee-centric Talent Management Suite. A suite that provides a unified solution for development planning, performance management, career and succession planning and which comes with a modern user experience.

It is very important for HENSOLDT to empower their employees to identify their strengths and to evaluate their competencies for tailored and self-directed personal development. The Lumesse Talent Management suite fully supports them in doing so. It allows for transparent performance planning, where managers and employees participate in completing the performance and development plans. The Lumesse Talent Management Suite was implemented in a very short timeframe and quickly generated a high benefit for the organization as a whole.

With a total workforce of some 4,300 employees, HENSOLDT generates revenues of more than 1 billion euros per year. In 2017, HENSOLDT managed to secure orders worth €1.2 billion, while revenues increased to almost €1.1 billion. This economic success also “pays off” for the employees. Every employee fully entitled to benefits received a bonus. For strategic talent management HENSOLDT uses the:
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