|part of the overall leadership strategy. Each leader’s
profile is reviewed and discussed at least twice a year
by the succession committee. A succession strategy
of “build, buy or borrow talent” is also firmly in
place for each identified critical leadership position
in the organization. The Group’s leadership bench is
constantly being studied in order to achieve a healthy
balance of internal and external successors.
Enabling Leaders through High-Impact
In 2015, HR launched the concept of self-driven
career management, which is about empowering
leaders rather than their superiors to chart their
own development and career aspirations. This
management program has stirred a whole new
mindset of leaders being in charge of their own
advancement and opening up for them various
career opportunities across the Group.
A number of leadership development programs has
been made available in the form of formal training,
online courses and experiential learning. Recognizing
that coaching and mentoring is a leadership skill that
will be most required in an organization of the future,
an intensive coaching and mentoring workshop has
been developed and conducted for all leaders.
In 2015, the Better Ways Academy, a web-based one-
stop hub of learning programs, tools, and resources,
was restructured to include programs specifically
designed to shape future Aboitiz leaders and to equip
them with competencies that will catapult them from
leading the self, to leading others, to leading teams
and ultimately toward leading the organization.
Making the Aboitiz Leader ‘Future Proof’
The Aboitiz Group is at a crucial crossroad where
the passing of the baton from the current to the
future generation of leaders is about to take place.
The younger leaders, including young members
of the 5th generation Aboitiz family, with high
potential talents are being prepared on accelerated
development programs for the transition. Aboitiz
is among the few multi-generational family-based
conglomerates that seeks to preserve its mission
and core values for generations to come. HR
closely monitors and regularly evaluates the
performance of 5th generation Aboitiz family
members who have actively joined the workforce
as management associates in recent years.
As the Groups younger set of new leaders inch
their way up the corporate ladder, reaching
a delicate balance of wisdom gained through
experience and having a fresh contemporary
perspective is the ultimate combination HR seeks
to attain in order to develop trust for the senior
leadership of the future.