What we expect from our leaders

• Leaders as role models
• Multifaceted offers for leadership development

Our leaders and their teams should make a sustainable contribution to BASF’s success and to safeguarding its future. We expect our leaders to serve as role models by developing and implementing business strategies in line with our corporate values. They should also have a positive impact on shaping day-to-day business, motivating employees and fostering their development. These expectations are part of the standard global nomination criteria for leadership candidates. Our leadership culture is founded on BASF’s strategic principles and values, which are set out in specific behavioral standards in the global Competency Model, as well as our global Code of Conduct.

We offer our leaders learning and development opportunities for all phases of their career, as well as various formats that enable them to share knowledge and learn from one another. Global, regional and local offerings are coordinated. For instance, the European Emerging Leader program prepares leadership candidates from all over Europe for a leadership role. The global New Leader Program is a basic qualification to get new leaders off to a good start in their new, more responsible role. The modular structure of the program means that it can be adapted to regional needs. One example of the development of experienced leaders is a program developed in North America where experienced leaders from BASF are brought together with leaders from other companies. This broadens participants’ perspectives, promotes dialog and builds networks beyond company borders.

Regular feedback plays an important role in the development of leaders. One tool is Global Leadership Feedback, where leaders receive feedback from their employees, managers, colleagues and customers on their conduct.