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Prysmian Group Insight
GETTING THINGS DONE
Prysmian Group is implementing
a new programme aimed at the
gradual introduction of performance
appraisals, as it recently launched
a pilot project for a new system,
known as Prysmian People
Performance (P3). The new
process is backed by a specific
online system and is intended to
disseminate a Group culture based
on the importance of constructive
feedback, two-way communication
with immediate supervisors, the
development of individuals and
the recognition of merit based on
objective criteria.
The pilot was initially tested on
a sample of 300 employees in
five countries, two business units
and the corporate headquarters,
then extended to all countries and
business units involving almost
400 manager appraisers and about
2,000 appraisees in all countries and
business units. By 2014, it will be
applied to each Group employee.
“P3 has been created to motivate
all
to do better and
to do more because this is what
generates value across the entire
organisation, by aligning individual
objectives to Group aims,” stated
Valerio Battista, the Group CEO.
Fabrizio Rutschmann, the Group HR
Director, noted: “Prysmian hasn’t
had a unique performance appraisal
system up until now and with P3 is
now leading people improvement
through continuous feedback and
the increased engagement of all.”
The performance evaluation is based
on two factors: achievements, and
leadership and behaviour, as is
shown in the P3 matrix. Manager-
appraisers used an online platform
for the stages performed in the
early phase, where they have access
to all documents and materials on
the P3 platform and can also find
helpful tools, such as discussion
forums to share information and
experience about the process.
Prysmian launches P3:
the programme aimed
at motivating its people
Sustainability, new
important goals achieved
In 2012, the Prysmian Group
was in
its third edition – and the first
to have been audited by an
independent third party, Deloitte.
For the first time, the report
reached application level C+
under the guidelines of the Global
Reporting Initiative, the global
leader in sustainability reporting.
From the standpoint of financial
responsibility, relations with the
financial markets were especially
intense, with over 400 one-to-one
and group meetings.
As for product responsibility in
both the Energy and Telecom
businesses, Prysmian has
developed a number of innovative
projects aimed at providing
efficient and environmentally
sustainable products and
solutions. Among these it is worth
mentioning the environmental
impact studies on P-Laser cables,
which cut water use by 70-80%
compared to traditional cable
manufacturing. In the area of
Prysmian
has created its international
managerial and professional
training school, the Prysmian
, in partnership
with SDA Bocconi, involving
approximately 200 employees in
2012, with the addition of another
500 individuals in 2013.
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1
2
3
4
5
2
3
4
5
Achievements
Leadership & behaviors
P3 Matrix
Low
Mid
Top
Poor
Poor
Improvement
Improvement
Good
Very Good
Outstanding
Good Very Good Outstanding
