People are the foundation of Textron’s success, and 2002 was a year of major strides in Talent Development. Our accomplishments include a new Performance Management Process that is being adopted across the enterprise.
						Attracting and developing top talent is among Textron’s strategic priorities, and in 2002 we made major strides in enabling employees’ continued development and helping them reach their potential. Our new enterprise-wide Performance Management Process is being adopted by more than 18,000 employees worldwide. It focuses on developing job-related competencies that are critical to aligning individual performance with enterprise- and business-specific objectives. Strengthening our organization also requires aggressive, enterprise-wide training and development. In 2002, several new programs rolled out across the organization. Close to 700 employees participated in our new Textron Six Sigma Black Belt, Green Belt and Champion training programs. Armed with new skills, they’re now positioned for increased career mobility across the enterprise. In addition, more than 500 employees participated in various Textron leadership training programs, including those hosted by leading educational institutions such as The Wharton School and The American Graduate School of International Management at Thunderbird. In 2003, we will introduce our new Developing Leadership Excellence Program aimed at helping Textron managers develop competencies that are integral to the achievement of Textron’s strategic priorities. This highly customized, regional training program gives our managers the opportunity to learn from each other while gaining a deeper understanding of the company through Textron business case studies.