CSL Ltd Annual Report 2021
Encouraging, developing and celebrating the promise of our people At CSL, we want all employees to pursue their career aspirations and have promising futures. We are committed to helping them develop, grow and thrive. We are proud to share and celebrate their successes as teams and individuals. The Power of Education to Create Opportunities and Change Peoples’ Lives CSL launched a new Promising Futures Scholarship Program to provide financial assistance to US employees and their dependants for technical school, vocational school, two- and four-year colleges or advanced education. The programwas specifically designed to support individuals from traditionally underprivileged, under-represented communities – those who have had to overcome substantial obstacles to pursue their studies or first-generation college students. In this first year, the program granted 37 scholarships . ‘This scholarship is a perfect example of CSL going above and beyond for employees and their families. I’m so proud of my daughter, Aditee, and her many academic accomplishments. She has worked so hard and even established a Math Circles program to encourage girls to explore STEM careers. In the future, we are hoping she will come to CSL as an intern and have the opportunity to give back. This is such a proud moment for us!’ Anuja Prabhutendolkar Director, Product Development and Research Quality CSL Behring Pasadena, Pasadena Lab A Week’s Worth of Virtual Learning Opportunities CSL held our first-ever, week-long virtual development event for all employees. The program included 62 hours of live sessions, 40 CSL experts and panellists, and four keynote speakers. Topics ranged from innovation and personal wellbeing to resilient leadership and digital fitness. Developing Our Future Leaders, Today Leader expectations are continuing to rise. From strategy development and execution to fostering an innovative and inclusive culture, the role of a leader has never been more important than it is today. That is why we are committed to the ongoing development of CSL’s future leaders, including two 9-month interactive learning journeys detailed below. Leadership Excellence Program for Associate Directors and Directors Launched in February 2021 for 81 CSL leaders – 41 females and 40males – across all areas of our business. The program includes: • learning sessions on topics such as agility, future trends and effectively translating enterprise strategy; • hands-on business simulation; • reverse mentoring to build relationships and gain valuable insights directly from our GenZ employees; and • a personalised leadership assessment and action plan to help translate learnings into meaningful actions. Executive Edge Program for Senior Directors and Executive Directors Originally designed as a mix of in-person and virtual learning, this programwas entirely revamped to be virtual due to COVID-19. A cohort of 25 CSL leaders – 11 females and 14 males – across all areas of our business are currently participating. Key program elements include: • leadership assessments; • 1:1 executive coaching sessions; • learning sessions on topics such as leading in disruptive times, inclusive leadership and decision-making during uncertainty; and • peer accountability teams to pull the learnings forward and expand the individual’s network. Once international travel resumes, the cohort will also participate in the original in-person program. EMEA Early Career Program Aimed at Attracting and Retaining STEM Talent To be successful, future leaders need development early on in their careers. The EMEA Trainee Program offers newly graduated candidates (Bachelor, Master and PhDs) a two-year, cross-functional rotation program in the areas of engineering, marketing, medical affairs, manufacturing, quality and/or R&D. Candidates receive amentor and participate in a wide-range of development and social opportunities, including leadership assessments, innovation sessions and project management. For this fiscal year, 17 trainees enrolled in the program. All trainees that have completed the program so far have secured full-time employment with CSL. Celebrating Employees’ Contributions CSL’s new global recognition program, Celebrate the Promise, launched in September 2020. This new online platform allows employees and leaders to easily send recognition to anyone at any time and for any reason – from a simple thank you to a major accomplishment. Each recognition is tied to a specific CSL Value. For more significant achievements, employees may receive points to purchase merchandise from an online catalogue. To date, results have been impressive with over 63,000 global recognition moments being shared and Collaboration and Superior Performance being the top two most-recognised Values. CSL Limited Annual Report 2020/21 51
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