Sustainability Report 2023

Personal development through mutual dialogue The Blum Path sets out various instruments and tools to promote dialogue and interaction between employees. The purpose of these interactions is to help our employees develop both as people and professionals. Employee Development Dialogue Peer review discussion Self-assessment Teamwork We see our company as a living organisation that continually modifies its structures in line with its changing business needs. Our organisational structure (hierarchy) is the backbone of our company and defines our formal management structure and corporate functions. However, our day-to-day operations are much more dynamic, organised around multidisciplinary and non-hierarchical networks that allow us to tap into the necessary resources and skills. An Employee Development Dialogue is a dialogue, usually held once a year, between an employee and their line manager. It provides an opportunity to discuss an employee’s general development and contribution and forms an important part of our practices as a responsible business. The Employee Development Dialogue consists of three fundamental parts: a selfassessment, a discussion of the employee’s main future role and focal areas, and finally the employee’s own feedback for their line manager. A peer review discussion is a useful addition to the Employee Development Dialogue. It brings together colleagues and network partners who work together day-to-day, so that they can share valuable insights into each other’s strengths and weaknesses. Employees generally find this kind of feedback really helpful in shaping their own personal development. A self-assessment is an opportunity for employees to reflect on their current role and responsibilities, including their skills, their preferences and their hopes for the future. It helps employees to expand their personal horizons and work out their next development steps. As a long-standing family business, we also consider the transition at the end of an employee’s time with Blum to be very important. Employees that leave our company, on either a temporary or permanent basis, are offered an exit interview so that we can support them and say goodbye. The main purpose of this meeting is to look back and reflect on the employee’s time with us and identify any lessons that can be learned on either side. Social responsibility Expand horizons Define steps Take stock Set goals 72 © Copyright by Blum

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