Pros
GLOBAL PERSPECTIVE Iberdrola is a multinational company, therefore, it needs to manage talent from a global perspective: Promoting mobility and rotation as key drivers for professional and personal growth in addition to more traditional learning and development activities. Offering challenges and new experiences for high potential professionals so they can be exposed to new situations, gain visibility, develop and probe their capabilities and skills. Creating a senior management team that reflects our company diversity, recognised as a source of competitive advantage. The Development and Executive Management Team promotes the following areas: The definition of the Development Model. The design and implementation of a global talent review process. The management of training and developing executives on a worldwide level through the comprehensive School of Management at the Campus Iberdrola. The management and implementation of development programmes for professionals through global development resources and local development programs. Based on the 70/20/10 Model, we organise the following global programmes: The Executive development programme, to keep the skills and business knowledge base of the executive team up to date. The Leadership programme, to help build the future leaders of Iberdrola. The Programme for developing competencies, that offers a varied development resource catalogue for those employees committed to their own development.
Cons
Firm that extremely controls other firms (called subsidiaries) which are legal entities in their own right.