During this stage of growth, which has seen strong international expansion and major acquistions, the Group has focused on developing its operating processes, opening new sites and launching new programs. All with the goal of ensuring its customers—the world's largest automakers—the same standard of excellence around the globe.
In March 2014, Faurecia embarked on a deep-seated cultural transformation with the introduction and deployment of the "Being Faurecia" corporate campaign. The initiative aims to adapt Faurecia's organization and culture to a wider scope of business and thus support and promote the future growth of the Group. There are two mainstays of the Being Faurecia campaign: promoting a culture of performance and value creation while developing the skills of employees to help them reach their full potential.
A culture for performance
Above and beyond excellence in its everyday operations, Faurecia aims to create long-term value for all stakeholders, including customers, suppliers and employees. This ambition is backed by a solid performance-based culture, underpinned by three key management values: Entrepreneurship, Autonomy and Accountability. "We want our employees to really feel responsible for their results and take the initiative to optimize their performance," explains Patrick Koller, Chief Executive Officer.
The rapid expansion over the past few years has led to huge demand on Faurecia's management resources, which has led to the Group to focus more heavily on skills development: "We need to recruit, develop and secure the loyalty of the talented individuals we need to ensure our future growth, says Jean-Pierre Sounillac, EVP, Faurecia Group Human Resources. Our priority is to help our employees grow to reach their full potential." In particular, Faurecia is focusing on drawing up individual development plans to incorporate involvement in specific projects, expatriation assignments and functional mobility—all in addition to training.
Since March 2014, Faurecia has gradually rolled out the Being Faurecia campaign to cover all Group sites around the world.