Development

The objective of Human Resources teams is to facilitate the growth of the LVMH group by providing effective career management.

BUILDING SOLID AND PASSIONATE TEAMS

Thanks to clear vision and perfect knowledge of the Group’s businesses, Human Resources teams can help our employees to fulfill their professional aspirations, and provide them with the best career development resources.

The priority for LVMH Human Resources is to build strong, creative and passionate teams and developing their skills through an ambitious program based on two strong levers: training and mobility.

CAPITALIZING ON THE WEALTH OF OUR ECOSYSTEM

Our richly varied ecosystem, with a wide range of Houses, métiers and geographic locations, offers each member of the Group unrivaled career opportunities. Annually, 2,700 managers benefit from mobility within the Group, and this figure has risen steadily in recent years. All managerial roles are concerned: for example, ¾ of general management positions are filled through internal promotions.

Whether geographic or functional, internal mobility is an important element in attracting and keeping talent. For employees, job mobility is a source of professional and personal fulfillment, an opportunity to develop new skills, broaden experience and cultivate professional networks.

ENCOURAGING EMPLOYEES TO BE THEIR OWN CAREER DRIVERS

Curiosity, an open mind and a strong desire to progress within the organization are decisive to successful job changes. While people play the lead role in their professional development, the success of a new assignment is the fruit of a collaborative effort involving the employee, his or her manager, and Human Resources.

LVMH deploys significant resources to promote and facilitate mobility: Human Resources and operational mobility committees, career interviews, the “job posting” platform on the Group Intranet, and more. This exchange of talents between companies continually brings the Group fresh energy and creativity, enriching our pool of competencies.

TRAINING FOR DEVELOPMENT

Training is an essential tool that every employee must make use of in order to develop. During the annual evaluation, managers and their teams discuss the development program to be undertaken. This must provide a solution to both each employee’s professional aspirations and the organization’s business challenges. A vast array of training programs has therefore been established by the Group, Houses and regions, in order to provide a perfect solution to the needs of each employee and each organization. A variety of themes are tackled: culture, business challenges, “métiers”, management, products, etc. and adapted according to the level of responsibility. LVMH therefore created the LVMH House, a strategic learning platform to train its senior executive.

Key figures

  • 23,000 managers
  • 2,300 managers a year benefit from mobility
  • 3/4 of general management positions are filled through internal promotions