Training and Development

Fincantieri Corporate University is the managerial training school of the Group, run in partnership with the main Business Schools in Italy. The aim of Fincantieri Corporate University is to foster employees in their individual development paths improving the core competencies to fill Company roles of greater responsibility and create a strong sense of belonging and group spirit. During 2022, over 22,300 hours of training were provided in the Corporate University, with the involvement of 447 participants.

The training courses provided as part of the Fincantieri Corporate University are:

• Academy: addressed to recently hired resources with the aim to promote integration within the Company through internal / external testimonies and experimental workshops.

• Competency Management: training courses addressed to recently or soon to be middle managers that aim to enhance critical managerial competences and spread a consistent culture and sense of belonging.

• New Management Program: training courses addressed to recently or soon to be managers with the aim to spread Fincantieri’s managerial culture and to strengthen the distinctive competences needed to hold a managerial position.

• Fincantieri Next: path of high managerial formation that aims to introduce a 360 overview of the most current scenarios and orientations of enterprise management, with the objective to promote new approaches and perspectives in scopes such as strategy, innovation, sustainability, digital transformation, and intercultural leadership.

• Xcellence Program: managerial training courses addressed to the Company’s middle and senior managers on topics such as project management, advances in manufacturing management, eye-opening seminars.

• Project Management Academy: training offer that aims to accelerate the induction process and strengthen the specific competences and knowledge required to resources belonging to the Project Management team. The training offer is preparatory for attaining the Professional Project Management certification issued by the Project Management Institute (PMI).

To testify the importance of sustainability for Fincantieri, and with the objective to increase the sensibility of the resources on this topic, in line with the 2018-2022 Sustainability Plan, the Corporate University gave particular emphasis to sustainability issues by including dedicated modules in the "Academy", "Competency Management", “Fincantieri Next”, "Xcellence Program" training programs which are aimed at a large population with different seniority.

Between 2019 and 2022, more than 830 employees were trained.

Moreover, within the change management project “Fincantieri for the Future”, specific initiatives have been initiated to promote sustainability, to raise employee awareness on issues related to environmental risks and to encourage eco-sustainable behaviors: "Fincantieri for the Green Future". The goal is to make Fincantieri’s resources protagonists of a continuous improvement path and provide them with the necessary tools to make a concrete contribution in terms of environmental protection. For this reason, an e-learning course focused on environmental sustainability was provided to the employees of Fincantieri and the Italian subsidiaries with the goal to improve awareness on sustainability. The main topics of this e-learning course are the reference regulatory framework, the management system applied by Fincantieri, the implementation of a Company sustainability policy and the eco-sustainable behaviors to adopt daily. Further training actions are provided to a specific professional figures who need to deepen the regulatory aspects linked to environmental legislation in order to provide practical tools crucial for a sustainability working life.

The training activities and the evaluation and development processes carried out during 2022 and the evidence that emerged from them were the basis on which to carry out people review activities, a fundamental management tool for enhancing human capital and defining professional growth paths and succession plans for key positions. These are updated on an annual basis in order to ensure the Group’s continuity and competitiveness and to identify any new talent to be included as “successors”.

People development activities also enable “high potential” people to be identified, namely resources with greater potential and usefulness in the Company, on which to invest using defined growth paths, job rotation, national and international mobility actions, training actions, coaching and mentoring paths, so that in the future they can play key roles in driving the business.

Young resources with high potential are included in the Talent Project designed for them. Since 2020, 3 editions of the project have been launched involving 114 young people. A professional development path is defined within the company for each participant. This path includes a short and medium-term growth plan with job rotation and mobility actions (also abroad), specific training that focuses on both technical and leadership skills and participation in a mentoring program lasting two years.

In order to further encourage mobility, especially international mobility (during 2022, 261 resources were involved in mobility actions, in Italy and abroad), structured job rotation programs were developed to which all employees, both experienced and junior, have access. These projects, launched through the internal job posting platform, aim to enhance internal resources, promoting the development of new experiences and knowledge and the growth of technical and cross-functional skills. During 2022, there were 16 international job rotation opportunities at the Group’s offices in the United States, India, Romania, China and Qatar, in addition to the program promoted by the U.S. subsidiary, Fincantieri Marine Group, with the aim of offering a pool of employees the opportunity to gain professional experience at one of the Group’s Italian offices.