kontinuita - Komunálna Poisťovňa

REPORT OF THE BOARD
OF DIRECTORS ON ECONOMIC
RESULTS, BUSINESS ACTIVITIES
AND COMPANY´S ASSETS
AS OF DECEMBER 31, 2008
Essential topics in the area of HR
strategy in 2008
Managerial courses – Management Essential
Identification of key positions in Vienna Insurance
Group
Lead VIG – VIG management of replacement
- annual standardized process
- introduced in 2007 for members of Managing Boards
and first line managers
- the target group of the year 2008 are employees in
key positions of VIG – complete managerial poten
-tial, specialists, talented employees and employees
with high potential
VIG – standards of employee assessment centres
Development Centre - for employees
Management Audit - development potential
for managers
Leadership check - Top management
Assessment of work performance
Talent programme
Cooperation with universities and high schools
VIG HR strategy in Slovakia
The HR strategy of KONTINUITA poisťovňa, a.s. Vienna
Insurance Group defines the main areas of HR management
and specific challenges of working with human
capital. All HR activities focus upon the maximum contribution
of each individual’s work towards meeting the
company goals. The HR strategy is directed towards
building an efficient company, able to adapt in a globalising
world. Our employees and their performance are
the carriers of innovation at all levels of company hierarchy.
We create a climate which supports the professional
and personal growth of our employees and plays an active
role in order to increase the company environment
loyalty.
The HR strategy supports the overall company strategy,
as well as that of Vienna Insurance Group and is based
on the company’s main objectives:
- Further market share improvement,
- Increases of company revenues, expressed by the total
premiums written,
- Increasing profitability,
- To be No. 1 on the Slovak insurance market.
The HR strategy provides a professional, open and
supportive environment, where people are treated in
a fair manner and where they are provided with opportunities
to realise their full potential allowing the
company to reach its goals.
Our vision in HR
The growth and competitiveness of a company depend
on the fact whether it is able to attract high-quality and
talented employees and whether it will help them in efficiently
realising their potential for its own benefit. The
only means of achieving a sustainable competitive advantage
are the people and their knowledge, their attitude
towards work, company and to each other. Hence,
the essential function of managers is to acquire and
keep such employees who will be committed in their positions
while performing their job duties, as well as independent
and highly efficient.
People are the most important asset we have in the
company, therefore working with them is a top priority
of each manager and an indicator of his/her success.
Our HR strategy for the future:
- Target-oriented management – each employee makes
a different contribution, everybody has to contribute
towards reaching the common goal – each work position
has to be oriented towards the goals of the whole
company.
- Each employee shall participate in reaching the company’s
objectives.
- Room for realisation, competition – committed employees.
- Increasing the competitiveness of each employee.
- “Employer of choice” on the labour market.
KONTINUITA ANNUAL REPORT 59