Translations Best practice in Spanish version Best practice in French version Best practice in English version

The AUCHAN group provides to its shareholders/employees training in corporate management

3. Labor relations / working conditions

Human capital development

Context

In 1977, Gérard Mulliez decided to open up the group’s capital to employees.
The Valauchan Investment Fund was created on 2 December that year. Today, more than 98% employees hold shares in the company.

Objectives

To make it possible for each shareholder / employee to:

  • Understand the rationale of a sound business management mode,
  • Know the performance levers of a commercial business 
  •  Become familiar with performance improvement strategies

APPROACH

All AUCHAN France sites have a training tool – « how to understand the trading account and incentives »
This half-day training session, which was launched in 2009, is based on simulation exercises to enable every trainee to view in real time the consequences of his/her actions – from trade to results.
After this training session, every employee can better identify levers which he/she can apply. 

Best Practice spotted by World Forum for a Responsible Economy in 2010 and updated in 2011.

CONTRIBUTION TO COMPANY PERFORMANCE

  •  Apprehension of ways to reach corporate management balance.
  • Improved link between daily actions and impact on corporate economic performance 
  • Boosted motivation for employees

Benefits

  •  Every employee can better identify the levers which he/she may act upon
  • Every employee better understands long-term challenges and choices made by general management
Workforce
60 570 (2014)
Turnover
16.2 milliards € TTC (2014)
Country
France

Mise à jour le 25/05/2016

Creative Commons Attribution This work by Réseau Alliances – World Forum Lille is licensed under a Creative Commons Attribution-Non Commercial-NoDerivs 3.0 Unported License.