At Old Mutual we believe that continuous learning and development is crucial to ensuring our success as an organization.
- The Old Mutual Business School (OMBUS) is the corporate university of Old Mutual and focuses on developing the core management and personal excellence skills required by our employees to fulfill OMSA’s business strategy Old Mutual Business School
- OMBUS’s unique learning model develops managers and employees to be empowered, productive individuals
- Apart from OMBUS, some business units also have their own learning/training departments that offer technical training to business unit staff
- Old Mutual (SA) invests almost R200m in developing staff every year
- In addition R30m a year is spent on educating South Africans through various sponsorships, bursaries and educational initiatives
Mentorship Programmes
Old Mutual offers a number of mentorship and coaching opportunities to its employees. These programs give staff the opportunity to both be mentored and to be a mentor.
Notable examples are:
- The Old Mutual Senior Women’s mentorship program, where a group of Old Mutual’s most senior women mentor emerging leaders for a year.
- OMSA Employees are invited to mentor students from the Tsiba College in Pinelands. Tsiba College is sponsored by the Old mutual Foundation and offers students from disadvantaged backgrounds the opportunity to attain a degree in business administration.
Coaching
Coaching is provided through a database of registered coaches, who can be contracted in to provide individuals with performance and life coaching as part of an integrated development plan.
Talent Development
Talent Development initiatives have been identified to ensure the development and fast-tracking of our Internal Talent Pipeline. They include the following:
- Talent Pools focus on key groups of people with potential talent are identified and their development is supported by the Central HR team: e.g. Executive Assistant Role, Leadership Potential group and Top Talent Recruitment group
- Talent Development initiatives include the OM Mentorship Networking Forum and Executive Coaching. These initiatives assist with fast-tracking development.
- Alumni Programme focuses on key people who have left the organization and makes contact with them
- Skills Transfer Programme focuses on key people that will be leaving the organization within the next few years due to Retirement or Early retirement and ensures a support process to effect skills transfer
Performance Management
The performance of Old Mutual employees is assessed regularly and the Performance Management process provides the vehicle through which OMSA business strategy is executed and the objectives and goals of our organisation are met. Performance Management is the way in which organisational critical success measures are translated into individual performance measures and provides a platform for the measurement of delivery and for consequential progression of individual development and growth.