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Employees

To ensure that employees are well informed so as to enhance their contribution to the success of the organization, regular meetings, communication days, publications and opinion surveys are used, while intranet and internet services further support this objective.

Employee opinion surveys are conducted in Greece and the US every two to three years. This process was expanded in 2009 to cover employees in Egypt and it is planned to be implemented in all TITAN subsidiaries by 2012. The results of the latest opinion surveys have undergone through analysis by focus groups involved in the development of specific proposals and local action plans awaiting concrete results to be reported in 2010.
One of the main findings of the Employee Opinion Survey carried out in Greece in 2007 was the need to further develop people management skills and build on our leadership capability.

For this purpose TITAN Greece designed a ΤΙΤΑΝ Management Academy Program. Forty four managers participated in the program which explored the participants managing style, the behaviors they generate in their immediate working environment and how these affect the working climate. Each participating manager received a detailed report with the survey results and had a face-to-face coaching session in order to commit to a personal development plan with concrete actions.

The communication with our employees and the external stakeholders is also carried out by a multitude of newsletters in the local languages as well a quarterly Group publication.

European and Global distinction for the TITAN Group

More than 500 global companies were surveyed and evaluated last year by an expert panel of independent judges for the study “Top Company for Leaders” conducted by Hewitt Associates in partnership with The RBL Group and “Fortune” magazine. Based on a large number of criteria including strength and depth of leadership practices, culture, examples of developing world class leaders, business performance and company reputation the TITAN Group ranked first in Europe and 8th in the world for 2009 receiving a global distinction regarding the development of human capital and leadership competencies.

One special characteristic sets “Top Companies for Leaders” apart from others: Even during the economic downturn, these companies remained committed to building leadership capability within the organization without losing focus.

As the study shows, “Top Companies for Leaders” prioritize leadership practices, which are incorporated in their business strategy. All European “Top Companies for Leaders” verify that investing in leadership practices is the only correct business choice in contrast to 71% of the other companies.