FGV Annual Report 2020

Sustainability Matters Identify Critical Positions GHC Strategy & Planning, Human Resources Business Partner (HRBP) - Sector, Division & Company/Sector/ Division Head/CEO Deploy Interventions and evaluate effectiveness Learning & Development Vacant Position List of successors whose readiness are three (3) years & below HRBP & Department Head Interview Succession Candidates In the event of a vacancy for the position of Sector Head, Division Head, Corporate Centre Division Head and Company CEO HCSC (minimum 2 members) Interview Result To appoint succesful candidates with six (6) months probation period; when internal talent not available, to source externally Talent Acquisition Performance & potential Assessment Identify talent HRBP & Department Head/CEO Talent Review Committee Meeting To discuss on critical positions, talent classification, potential successors and development intervention/ progress / effectiveness Human Capital Steering Committee (HCSC)/ Division Head/CEO Company Talent Classification HRBP & Department Head Strengthen Succession Pipeline & Development Interventions Assess Successors Readiness and proposed Development interventions to close the gap HRBP & Department Head Bench Strength Classification & Identify Successor Department Head Talent Report Card Highlight on achievement, experience & leadership competency of the proposed successor Department Head SUSTAINABILITY MATTER: TALENT MANAGEMENT Talent management is part of FGV’s business strategy to attract and retain the best talent for the Group amid stiff competition in the industry. Besides implementing robust initiatives and programmes within talent management, we are also putting in place a new framework to strengthen our workforce. Since 2019, FGV has been rolling out a new performance management framework to develop a high-performance culture and intends to integrate the concept of ‘competency’ into the performance management framework. This is based on the rationale it will contribute towards a higher performance management culture and people management skills focusing on a good mix of both technical and leadership skills to uplift productivity, creativity and innovation in FGV. Talent Management The Talent Management Framework & Process Flow is presented below: 128 FGV HOLDINGS BERHAD Annual Integrated Report 2020