In the Siemens Leadership Framework we specify how we measure the performance of our managers and which personal capabilities managers at Siemens should possess. These criteria play a key role in the annual process to manage performance of employees and their managers in Siemens.
Although excellent leadership has different meanings in different cultures, the results are always the same. They manifest themselves in outstanding financial results, satisfied customers, motivated employees and superior processes. For this reason, we measure leadership performance in these four categories: financials, customers, employees and processes. Another key indicator of leadership excellence is employee motivation. This is why, once a year, all Siemens managers worldwide receive feedback from their employees based on 10 specific aspects. The results of the employee feedback help individual managers improve their leadership capabilities in the areas identified and also have an impact on their performance appraisal.
We are convinced that our managers must have five capabilities to a superior degree in order to achieve outstanding results. We call these capabilities Edge, Energy, Energize, Execute and Passion. These criteria are the foundation for judging the potential of managers and formulating their career development plans. Even during the recruiting phase, we pay particular attention to our candidates’ ability to satisfy the requirements of the Siemens Leadership Framework.