Swot Analysis Of Siemens

Mission values and vision of seimens :
Mission:
1. To seek global market leadership
2. Focus on development and growth in oriented firms
3. To strive for excellance on customer service, quality and r&d
Vission:
1. a world of proven talent
2. delivering break through innovation
3. giving our customers a unique competitive edge
Value:
1. Responsible-commited to ethical and responsible actions
2. Excellent- achieving high performance and excellent result
3. Innovation-being innovative to create substainable value .

WHT SEIMENS SAYS ABOUT THE IMPORTANCE OF ITS EMPLOYEES??
Excellent employees are one of Siemens’ vital strengths. They have made Siemens what it is today and their expertise, capabilities and high level of engagement are laying

The process also supports in setting compensation, providing professional development opportunities and identifying talents throughout the Company.
How siemens measures effectivness of its training and development programmes:
Siemens measueres the effectiveness of its training and development programmes through an appraisal system called performance management process . performance management process means taking an integrated , goal oriented approach to assiging ,training, assesing,and rewarding employees performance .this process involve following steps :
• The employee and line manager agree to the objectives at the beginning of the project
• Objectives are observed formally and informally through out the project, to ensure all training is successful and to the best of the intrest of the company
• Feedbacks are taken from the employees
• Observing that employees are up to date in a fast changing business and they are involved in a rapid change with the situations, then it could be measured that the training and development program was successful.

Training and

:
Its increases employee commitment towards the company , they give their maximum to the company. This commitment enables seimens to get more innovative ideas which give compatative advantage to seimens against other multinationals companys. Turnover rate in siemens is less __% less than other companies operating in pakistan. Less turnover means siemens have long term employee commitment which gives futher benefits to seimens as less recruitment expenses,and other related expenses.Just because of highy motivated workforce siemens is one of the leading it company operating in pakistan, as motivated workforce can provide better customer service.
How providing training helps seimens to achieve its business objectives :

Training and development helps the organization to achieve their goals.As seimens provide training to its employees to improve their performance and to update their skills so that they remain competitive in the market and remain a valueable asset for the company.This makes employee confident and motivated , the employee feeled valued and remain in the organization for longer time which reduces recruitment costs and aid seimens to achieve high profits.well trained staff who remain with the business means customer enjoy continuty , this leads to customer loyalty and establish a great brand