1. 1 „Employee buyouts“ needs Partnership orientated corporate leadership Fifth European Meeting of Employee Ownership EFES – Brussels, June 16th – 18th, 2005 Workshop 1 Training and education for employee buyouts 17. Juni 2005, 11.30 h – 13.00 h Wirtschaftspädagoge Dipl. Handelslehrer Volkmar Hanf Bebra, Germany

2. 2 4 points needed vision target and strategie structures professional und social competence of employees

3. 3 vision what in particular? Vision creation involving as many employees as possible in workshops derivation of the company`s task and goals as well as leadership principles Employees know the company goals as well as their own goals and act according to them

4. 4 vision why ? Balance of interest between management and employees The employee as Co-Manager

5. 5 targets and strategy what ? Annual assessment of company` goals as well as individual goals Individual talks between managers and their immediate subordinates to negotiate goals Goal setting oriented to both, company performance as well as individual development

6. 6 targets and strategy why ? Oriented to internal as well as external customers Delegation of responsibility on the basis of assumed competence (bonus of trust)

7. 7 structures what ? Structure development involving as many employees as possible in workshops Flexibly and market-oriented To take decisions on the level where they are needed

8. 8 structures why ? The employees shall identify with the company To develop „real“ corporate identity

9. 9 professional und social competence of employees what ? Strategic selection and development of executives Systematic knowledge-management

10. 10 professional und social competence of employees why ? Promotion and development of employees is an investment Giving support as well as setting requirements are in the company`s main interest