1.5 People, culture and leadership
The combination of the quality of our people, a culture that empowers people while fulfilling their goals and our distinctive perspective on leadership is at the heart of our competitiveness. Moreover, the growth in added value per employee serves as a crucial indicator of the evolution of our competitive advantage.
We consider Nedap employees a valuable source of added value. This principle guides how we interact with our people. This is why we are committed to building long-term relationships between our employees and the company. We believe it is important that Nedap employees are also shareholders of Nedap. There are several ways in which Nedap employees can acquire certificates of shares (also refer to paragraph 'How we value our people' in section 2.2). Currently, employees hold over 3% of the shares in the company through Stichting Medewerkerparticipatie Nedap.
We have learned that the added value per employee is determined by the combination of the quality of employees, a culture that enables employees to excel, and our perspective on leadership. We work continuously to strengthen the teams at Nedap. Firstly, by significantly investing in the continuous development of Nedap employees through training, education and development programmes. Additionally, by actively enhancing our appeal to talented individuals and a recruitment process that identifies those who are a good fit with Nedap.
It is crucial that our culture continues to evolve in line with Nedap's long-term direction. Core elements of our culture such as trust, respect, inclusivity and providing space in fulfilling responsibilities remain central. Diversity, Equity and Inclusion is part of our strategic vision, and we seek to make it an integral aspect woven into every facet of our organisation. From our leadership to our employees, from our day-to-day operations to the way we conduct business. As part of Step Up! we are increasing our emphasis on results regarding this subject. This is a delicate process that requires diligence and leadership attention (also, refer to paragraph 'Diversity, Equity and Inclusion' in section 2.2).
The demands on leadership within Nedap are growing. Nedap leaders are expected to create compelling strategic stories for Nedap and the key markets: inspiring stories that are clear enough to indicate an explicit strategic direction, yet flexible enough to allow people to shape their contributions to achieve realisation. They should also have the skills to translate these strategic stories into concrete plans and ensure these plans are successfully executed.
We have found that leadership is a determining factor in employee performance and personal development. For this reason, leadership and leadership development are strategic priorities within the Step Up! strategy, receiving consistent attention. Several training, education and development programmes are available to support this. These programmes also aim to create leadership throughout the organisation with greater knowledge of Nedap-wide themes and encourage action from this broader perspective.
Employees in 2023
