Human Resource Management

Mission

To enhance our corporate value, it is essential that we fully align our business strategies (portfolio strategy) with our human resource strategies. We will strive to foster a culture of co-creation unique to Resonac through the implementation of our Purpose and Values, thereby achieving further growth of our business by creating “co-creative talent^*.”

• * Co-creative talent: Human resources that can innovate and solve problems creatively through co-creation founded on autonomous bonds with people inside and outside the company in the pursuit of resolving social issues

Policies

We believe that our human resource strategies should focus on fostering co-creative talent and cultivating the associated corporate culture, and that such human resources are a wellspring of value for the Company. Committed to helping employees develop their careers with ownership, we provide them with diverse career paths and education opportunities aligned with their individual goals, while also establishing a range of systems to support them in building both internal and external networks.

Promotion system

At Resonac, the CHRO organization serves as a business partner for the Resonac Group’s management and business leaders. Through the establishment of a global personnel system and enhancement of its foundation, the organization is supporting the development of co-creative talent and the cultivation of a corporate culture conducive to co-creation, thereby helping the Group’s leaders implement its management and business strategies.
We regard our corporate philosophy (Purpose and Values) as the most important guideline to be followed by the Resonac Group in terms of uniting Group employees all around the world in the pursuit of a single shared goal. In order to help individual employees to maintain a sense of their own purpose and aspirations as well as those of their company—even in times plagued with uncertainty—the Culture Communication Department will endeavor to deepen employees’ understanding of the Purpose and Values and encourage them to make the corporate philosophy substantively their own while also working to establish a mechanism for the autonomous implementation of the philosophy.
Further, acting in accordance with our corporate philosophy will require us to secure diverse people who can add their insights to the greater collective knowledge. Based on this recognition, the Culture Communication Department will also deal with issues related to diversity & inclusion for the development of a desirable corporate culture.
Moreover, as corporate functions, the Organization & Talent Development Department is fostering global human resource management, including the dynamic mobilization of human resources, in line with business strategies and with the early selection and strategic development of core managerial talent, while the HR System Design & Labor Management Department is enhancing the management foundation by designing personnel systems, setting rules and promoting communication with diverse stakeholders.In addition, we have built and been enhancing the human resource business partner (HRBP) system for the expansion of our business value from the viewpoints of management and human resources. The HRBP will work with the top leader of each department to provide the human resources and organizational support needed to embrace various challenges and achieve growth, for which visualization will be promoted to identify candidates for the next generation of leaders. The competitiveness of personnel will also be enhanced through strategic job rotation and other means.

For the implementation of these personnel measures, the HR Operation Department will serve as a companywide supporter and lead the transformation of HR operation processes by increasing operational efficiency and promoting digitalization.

Strategy for Realizing the Long-Term Vision

Our human resources strategy, with an aim to sustainably enhance corporate value by carrying out our purpose and values, consists of four HR Materiality. These four issues are linked to our material sustainability issue of “fostering creative and autonomous human resources and cultivating the associated corporate culture” and our business strategy. Based on these four Material Issues for Human Resources that fosters co-creative human resources talent over the long term, and in the short to medium term, we will promote measures to enable co-creative talent to achieve business growth as a functional chemical manufacturer.

Issues to Be Addressed (Material Issues for Human Resources) and KGIs

Resonac’s Human Capital Management Model

Schedule for the Implementation of Personnel Measures

HR Materiality 1: Hire & Develop talent for the business

HR Materiality 2: Become an Employer of choice

HR Materiality 3 : Develop self-driven professionals 

HR Materiality 4 : Cultivate corporate culture conducive to co-creation

Global grading and evaluation system

As part of the global rollout of various personnel systems centered on the grading and evaluation system, we are standardizing the grades (global grades) and evaluation system (MBO) for managers within the Resonac Group. By unifying the grading and evaluation system, we have not only established group-wide common standards for roles and evaluations but have also enabled the implementation of other global personnel initiatives, including talent management such as succession planning and development. Our company's evaluation system (MBO) emphasizes not only "results against performance goals" but also the aspects of "behavior and growth." "Behavior and growth" are measured by "values," and using key behavioral traits (competencies) as a guide to embody these "values," individuals articulate (set as goals) "how they act" and "how they grow" in their efforts, and the system evaluates them accordingly. Both performance evaluation and behavior and growth are comprehensively assessed on two axes. This has enabled the Resonac Group as a whole to promote the penetration and practice of values, realize personnel and performance management based on global common axes, and advance the establishment of a common foundation in the HR system. Going forward, we will further implement measures aiming for the right person in the right place across the entire group