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gmt. Strategy Objectives Tools Outcomes ? Definition of the workforce strategy ? Alignment of all HR systems ? Definition of value enhancing HR structure and service delivery ? Division of tasks between corporate and business unit ? Definition of a change management plan ? Definition of transition management plan ? Assignment of responsibilities ? Best practices ? Design tools and workshops ? Best practices ? Organizational design tools ? Cost analysis (Activity based) ? Process mapping ? Action plan structure concerning needed changes in the respective areas ? Implementation tools for managers ? Positioning of HR as partner for business units for VBM implementation ? Definition of roles and services provided ? Assessing the VBMimplementation plan ? Feedback and milestone check ? Focus accountability ? Engagement model ? Continuous reporting and munications ? Definition of corrective measures ? Definition of VBM impact on the engagement of the workforce ? VBMbased behavior ? VBMHRMeasurement System ? Definition of needed changes in: — Staffing — Rewarding — Learning — Leadership — Performing ? Change plan including: — Communication strategy — Education strategy — Leadership alignment — Transition strategy Critical Factors Driving Successful Implementation of VBM ? Strong support at the executive management (CEO) level ? Effective munication throughout the anization ? Aligned management and anizational systems ? Developed focus on strategic planning ? Resource allocation on the basis of value creation ? Persistence and patience About Hewitt Associates Our Presence Worldwide Paris Prague Rotterdam St. Albans Stockholm Utrecht Vienna Warsaw Wiesbaden Z252。rich Amsterdam Brussels Budapest Dublin Eindhoven Geneva Lisbon Ljubljana Madrid Milan Neuchatel Europe Aukland Bangalore Bangkok Beijing Gurgaon Hong Kong Jakarta Kuala Lumpur Manila Melbourne Mumbai New Delhi Seoul Shanghai Singapore Sydney Tokyo Wellington Asia/Pacific St. Louis San Antonio San Francisco San Juan Santiago S227。al New York Newport Beach Orlando Philadelphia Phoenix/Scottsdale Pittsburgh Regina Rowayton The Americas Atlanta Boston Bridgewater Buenos Aires Calgary Caracas Charlotte Chicago Cincinnati Cleveland Dallas Denver Detroit Lincolnshire (HQ) More than 12,000 associates in 81 offices in 36 countries around the world Our Standing About Hewitt A global management consulting firm specializing in human resource solutions. Our strength is helping anizations identify and implement people solutions using both the strategic and tactical approaches. ? Privately held since 1940。s “Top 500 Private Companies” ? “Wrote the book” on workforce management, The Talent Solution: Aligning Strategy and People to Achieve Extraordinary Results. ? Leading executive pensation consulting firm 0%5%10%15%20%25%30%F 10 0 F 10 0 20 0 F 20 0 30 0 F 30 0 40 0 F 40 0 50 0Percent of “Fortune 500” Companies Using Hewitt’s Executive Compensation Consulting Services 1979 Hewitt’s VBM initiative launched within pensation practice 1995 2023 Integrated Value Alignment Program implementation at client panies ?Executive and Broad Based Compensation ?Leadership training ?Performance Management ?Employee Communications ?Staffing and Talent Management ACA publications, Shareholder Value Incentives and Creating Equity Excitement, 1995, Unleashing Trapped Value with Business Unit Incentives, 1998 VBM Conference Presentations Client Teleconference sponsored by Hewitt and HOLT Value Associates, Oct 5th, 2023 “Beating the Fade: Impact of Employee Branding on Business Value” VBM for Financial Institutions, London, 2023 VBM Linking Strategic Planning, Performance Measurement and Compensation, Executive Programs Course at Kellogg Graduate School of Management, 1998 to present. Global Finance Conference, 2023 VBM Employee Education Program Creating Value Working to Win, a video based VBM and EVA training program featuring Abbie Smith, University of Chicago, Graduate School of Business Research Breakthrough Wachovia Bank, Linking Employee Engagement to Business Results 1980 1990 VBM Compensation Client Projectsexamples ?Van Dorn ?Mattel ?Pacific Telesis (w/ Marakon) ?US West Relative TRS Long Term Incentive plan (first of its kind in 1983) Research on Pay Performance relationship and value metrics。 Value metric correlation to TRS Our Time Line 1990 1995 In 1990, Hewitt brings together leading firms in Shareholder Value Theory / Executive Compensation for the first conference devoted to the link between Shareholder Value and Compensation Research collaboration Professor Abbie Smith, University of Chicago. Article publications VBM, Compensation and Performance Management Value Based Compensation Client Projectsexamples ?Valmont EVA Program ?Clear Communications CVA ?Halliburton Industries CVA ?BancOne EVA ?Maytag VBM incentive plan ?Dominion Textile ?Canadian Tire ?Molsons VBM Conference Linking VBM to Compensation: Our Experience Experience in Developing Global Human Resource Applications Expertise in Total Compensation Integrating Shareholder Value Creation Approaches Knowledge of Employee Engagement and Employer of Choice Programs Utilization of Tools and Technology In Delivering the New Programs ? Recognized leader in developing and implementing global Human Resource solutio