talent development
LVMH actively supports the professional development of its employees. The decentralized organization of the LVMH group encourages individual initiative. Human Resources teams deploy a variety of concrete tools to develop talents, including training, geographic and functional mobility and recruitement.
The annual Organizational Management Review plays a pivotal role in identifying talents and succession planning. This dynamic process is central to recognizing the contributions and talents of the Group's people. It ensures motivating advancement within the Group by identifying key positions, internal resources and the human resources needed to drive continued growth at LVMH companies.
LVMH also carries out regular performance appraisals to identify employees' strong points and opportunities for improvement, as well as their personal goals. These appraisals serve as the basis for concrete action to enable people to achieve fulfulling career objectives.
"Orchestrated by the Group, the Organizational Management Review identifies key business challenges and their impact in terms of Human Resources management. One objective is to identify key people and prepare for their next moves within the organization."
Chantal Gaemperle,
Group Executive Vice President, Human Resources and Synergies