Translations

Best practice in Spanish version

Best practice in French version

Best practice in English version

The AUCHAN group provides to its shareholders/employees training in corporate management

3. Labor relations / working conditions

Human capital development

Sector Business / Distribution

Year 2011

Country France

Transmitter

Context

In 1977, Gérard Mulliez decided to open up the group’s capital to employees.
The Valauchan Investment Fund was created on 2 December that year. Today, more than 98% employees hold shares in the company.

Objectives

To make it possible for each shareholder / employee to:

Understand the rationale of a sound business management mode,
Know the performance levers of a commercial business
Become familiar with performance improvement strategies

APPROACH

All AUCHAN France sites have a training tool – « how to understand the trading account and incentives »
This half-day training session, which was launched in 2009, is based on simulation exercises to enable every trainee to view in real time the consequences of his/her actions – from trade to results.
After this training session, every employee can better identify levers which he/she can apply.

Best Practice spotted by World Forum for a Responsible Economy in 2010 and updated in 2011.

CONTRIBUTION TO COMPANY PERFORMANCE

Apprehension of ways to reach corporate management balance.
Improved link between daily actions and impact on corporate economic performance
Boosted motivation for employees

Benefits

Every employee can better identify the levers which he/she may act upon
Every employee better understands long-term challenges and choices made by general management