Success as a benchmark

Rheinmetall utilizes management by objectives to align the management of the Group to the targets of the individual companies in a consistent manner and with the involvement of all employees. Derived from the targets of the company as a whole, targets are formulated for every organizational unit and for employees. With the implementation of these coordinated individual targets, everybody is working on what the company wishes to achieve.

The achievement of the agreed goals is coupled to a variable remuneration component. On the one hand this creates an individual incentive to hit targets or even to exceed them, while on the other hand the employees share in the company's success.

Management by objectives is future and result oriented. For the most part, the crucial factor is not how something is done but whether and how far agreed targets are met. Measures to achieve and implement targets are determined by your employees themselves. Management by objectives thus strengthens employee identification with company goals and simultaneously engenders transparency and an orientation to expectations of performance and results.

Managers do not only benefit financially from this tool. They also gain insights into the relationships between company, division and department targets, better opportunities to coordinate with other divisions and time for important organizational duties.