ey human capital conference 2012: global mobility performance improvement

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2012 Human Capital Conference 23–26 October Global mobility performance i t improvement The inside story

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Abbott Laboratories and The Hershey Company address recent changes to their mobility functions and explain strategies to help achieve a successful outcome when transforming mobility.

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Page 1: EY Human Capital Conference 2012: Global mobility performance improvement

2012 Human Capital Conference23–26 October

Global mobility performance i timprovementThe inside story

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Disclaimer

► Ernst & Young refers to the global organization of member firms of E t & Y Gl b l Li it d h f hi h i t l l titErnst & Young Global Limited, each of which is a separate legal entity. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited located in the US.Thi t ti i © 2012 E t & Y LLP All i ht d N► This presentation is © 2012 Ernst & Young LLP. All rights reserved. No part of this document may be reproduced, transmitted or otherwise distributed in any form or by any means, electronic or mechanical, including by photocopying facsimile transmission recording rekeyingincluding by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP. Any reproduction, transmission or distribution of this form or any of the material herein is prohibited and is d st but o o t s o o a y o t e ate a e e s p o b ted a d sin violation of US and international law. Ernst & Young LLP expressly disclaims any liability in connection with use of this presentation or its contents by any third party.

► The views expressed by panelists in this session are not necessarily those of Ernst & Young LLP.

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Presenters

► Nancy Garber ► Micheal Westphally► The Hershey Company► [email protected]

p► Abbott Laboratories► [email protected]

► Jason Ward► Ernst & Young LLP► [email protected]

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Agenda

► Introduction to our panelists► Abbott Laboratories and The Hershey Company address

recent changes to their mobility functions:► Business drivers► Business drivers► Methodology applied

► Looking ahead to the next 12 months for both companies:► Looking ahead to the next 12 months for both companies:► Areas of interest► Desired future state

► Recommendations from our panelists when looking to transform mobility

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Theme/key points

► Define what is meant by global mobility performance improvementimprovement

► Identify areas of the mobility function that often receive focus when companies are seeking to drive improvementfocus when companies are seeking to drive improvement

► Explain strategies to help achieve a successful outcome when transforming mobilitywhen transforming mobility

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Introduction to our panelistsAbbott Laboratories

► Micheal Westphall, Manager, Talent Deployment p , g , p y► Abbott Laboratories – health care industry► 2011 global revenue: US$38.9b► 2011 global revenue: US$38.9b► Operates in more than 130 countries► Headquartered in North Chicago Illinois US► Headquartered in North Chicago, Illinois, US► 1,100 participants in mobility program► Fun fact: What is her name?► Fun fact: What is her name?

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Introduction to our panelistsThe Hershey Companyy p y

► Nancy Garber, Global Mobility Managery , y g► The Hershey Company – confectionery industry ► 2011 global revenue: US$6b► 2011 global revenue: US$6b► Operates in 10 countries► Headquartered in Hershey Pennsylvania US► Headquartered in Hershey, Pennsylvania, US► Over 100 participants in mobility program► Fun fact: Hershey is the largest producer of quality► Fun fact: Hershey is the largest producer of quality

chocolate in North America

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Recent changes to the mobility function

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Recent changes to the mobility functionAbbott Laboratories

► Tiered existing long-term assignment policy into four g g g p yseparate policies:► Aligned assignment with talent management objectives► Created less expensive assignment options

► Implemented global assignment management and payroll tsystem:

► Created consistent experience for customers globally► Streamlined process creating opportunity to realign resources► Streamlined process, creating opportunity to realign resources

within the team to better serve our businesses

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Recent changes to the mobility functionThe Hershey Companyy p y

► Enhanced compensation reporting processes to improve p p g p poverall compliance:► Implemented global compensation accumulation methodology► Enhanced cost estimates to consider global equity and aid with

accruals

► Aligned mobility decision matrix initiation controls and► Aligned mobility decision matrix, initiation controls and supporting documents:► Requires additional sign-offs to validate business acceptance of► Requires additional sign offs to validate business acceptance of

cost► Increases consistency in approach for mobile employees► Delivers earlier focus on potential corporate exposure implications

associated with mobility

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Looking ahead to our next 12 months

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Looking ahead to our next 12 monthsAbbott Laboratories

► Support Abbott’s global separation into two companies:pp g p p► Transition of resources and personnel► Sharing of data for day-one operations in both companies

► Continue to identify process improvements:► Each new company will take its own direction with mobility► Continue to align mobility processes as a lever to support talent

strategy

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Looking ahead to our next 12 monthsThe Hershey Companyy p y

► Redefine talent vision for executive leadership team: p► Develop a common approach► Implement the vision organizationwide

► Refresh the mobility function to align with talent strategy:► Outline stakeholder roles and responsibilities► Revisit policy and process for overall alignment► Support growth initiatives for the company through mobility

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Closing thoughts based upon experience

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Closing thoughts based upon experienceAbbott Laboratories

► Keep an open mindp p► Align transformation to business objectives► Manage stakeholders through the process and beyond► Manage stakeholders through the process and beyond

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Closing thoughts based upon experienceThe Hershey Companyy p y

► Engage leadership early on and ofteng g p y► Don’t sweat the small stuff – empower yourself to make

as many decisions as possible; engage others when y p g gnecessary

► Think globally; act globally

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In summary

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Conclusion

► Transforming the mobility function is a continuous process driven by an ever changing businessprocess, driven by an ever-changing business environment.

► Mobility plays a key role in attracting motivating► Mobility plays a key role in attracting, motivating, developing and retaining professionals essential to company growth (i.e., talent and workforce planning).p y g ( , p g)

► When seeking to improve performance of the mobility function, one must continually align with the stakeholders and have their buy-in to drive success.

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Questions

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