Committed and capable leaders, along with a skilled and motivated workforce, are critical for Deutsche Bank – even more so during times of significant change. This is why the bank is building leadership skills and investing in future leaders as well as supporting the professional and personal development of all employees. A further priority is the ongoing focus on learning and mandatory compliance and anti-financial crime training for all staff against the backdrop of increasing regulation.
Deutsche Bank’s “Leadership Capability Model” defines what the bank expects from its leaders, providing a shared view of the capabilities which are vital to leading employees and ensuring business success in line with the corporate strategy and culture. This model provides the foundation for the bank’s approach to developing leaders through a range of flagship programs.
First introduced in 2015, Deutsche Bank runs two “Management Fundamentals” programs which are mandatory for new managers. A core program is designed for new managers up to Vice President level who are taking on people management responsibilities at the bank for the first time. An executive program is tailored to the needs of Managing Directors and Directors. Both programs are built around three key areas: leading people, driving business and shaping culture. Management Fundamentals aims to help participants grow and develop as people managers. In 2016, more than 1,000 employees attended these cross-divisional programs in more than 20 locations around the world.
Furthermore, a new cross-divisional program for managers of managers – “Leadership Fundamentals” – was designed and piloted in 2016. The focus is to strengthen participants’ leadership skills so that they are better placed to deliver the bank’s strategy commitments. Over a three-month period, participants learn to create followership among their teams, build talent for the future, and execute strategy through a bespoke Deutsche Bank simulation. Working collaboratively is a key feature of the curriculum. In 2016, more than 180 managers attended the cross-divisional Leadership Fundamentals program in four locations around the world.
A key benefit of cross-divisional programs for participants is the opportunity to build and expand internal networks. In its training offerings, the bank also increasingly leverages its own leaders who share their personal experience, best practices and hands-on guidance with training participants.