Sidenor 2020 Corporate Report

69 Continuous training We need to consider training at the workplace as a powerful tool to improve safety and quality standards, as well as the performance of the people who are part of Sidenor. In order to contribute to this, we have various tools which help us detect training needs in the different teams, among which the qualification matrices, by means of which the departments and support areas of Sidenor, together with the Human Resources department, reflect the training needs of each work position; the technical and development requirements obtained will enable a clear, easy and personalised definition of the specific profiles of each function. As part of Sidenor’s training project, one working team is specifically dedicated to updating, improving and adapting these qualification matrices, so that, with the help of other available tools, we might define the real needs of the each work position. In addition, the TND (Training Needs Detection) process was launched in 2020; it enables employees to identify trainings which they find of interest. This tool guides us in the design of training plans, so that training courses might be more efficient and better adapted to the real needs of our employees. Talent model Sidenor’s Talent Model was developed in 2020 by a multidisciplinary team of Sidenor together with the University of Mondragón. It will help us improve the way of identifying and developing talent within the Company in the future. The first step consisted in defining what talent is at Sidenor: The second step consists in developing a model: At Sidenor, talent resides within people who are committed to the Company, its values and sustainable objectives and who have the capacity to reach and defend them, working in a team Identification of talent: based on a dictionary of competencies, analysing the performance, potential and interest of people at Sidenor. Analysis of critical positions: identifying the criticality of the main key positions. Development and succession plans: developing a coverage map and succession matrix which will develop into specific development and succession plans.