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UBS Homepage >
Investor Relations >
Annual Reporting 2002 >
2002 >
Talent and Culture >
The UBS Leadership Institute
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| Don't look for marble halls or classical pediments. Our UBS Leadership Institute is grounded in the firm's top leaders, not in bricks and mortar. Yet this global initiative is more crucial to the organization's future than any building could ever be.
Robert Mann global head of Group Learning and Development, explains why: "Increasingly, success depends on our ability to manage change faster than the competition."
To build the leadership that drives such change, Mann's team launched the UBS Leadership Institute in August 2002. The Institute develops programs and processes to help senior leaders shape, communicate and implement the firm's strategy.
The centerpiece of the Institute is the Annual Strategic Forum (ASF), the yearly gathering of the Group Managing Board, whose 52 members form the executive teams of the UBS businesses. The ASF has become a vital forum for discussing UBS's strategic agenda, building unity and accelerating strategic change within the firm.
In addition, the Institute builds the organizational and leadership capabilities needed to support the firms strategic agenda through a trio of leadership development programs called the Global Leadership Experience (GLE). Senior leaders throughout the firm participate in GLE as coaches, teachers and participants.
Finally, the Institute has developed a talent management process whereby the firm's key talent is actively engaged and developed by the firms most senior leaders.
The Institute, concludes President Peter Wuffli, is an investment in the future of UBS: "It will ensure that we have a strong and deep leadership bench to sustain our growth as a firm. This commitment should send a strong signal to our colleagues in UBS, to clients, to shareholders and to all who have an interest in our ongoing success."
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