Finance Leadership Development Program

FINANCIAL LEADERSHIP
DEVELOPMENT PROGRAM
Contents
BAE Systems FLDP
1
Our locations
3
Our mission
4
Our candidates
5
Rotational work assignments 6
Leadership training
7
Overview
8
Graduate school /
in-house training
9
FLDP meetings
9
FLDP coordinators
9
Program completion
10
Our history
11
In closing
11
About BAE Systems
BAE Systems is the premier global
defense and security company, delivering
a full range of products and services
for air, land and naval forces, as well
as advanced electronics, security,
information technology solutions and
support services.
FLDP
1
BAE Systems FLDP
We appreciate the opportunity to
provide an overview of BAE Systems'
Financial Leadership Development
Program (FLDP). We are very proud of the
program and what it offers recent college
graduates in terms of work experience,
leadership development opportunities,
and enhanced career development. Our
FLDP has been developing business
leaders for the company for over 40
years. BAE Systems' finance community
is well-represented with FLDP graduates
who have been promoted to key positions
including vice president of Finance and
director of nearly all financial disciplines. I
myself am a graduate of the program.
As you read on, you will learn about
BAE Systems, our locations, business
areas, and guiding values. We also will tell
you about the features and benefits of the
FLDP, some of which include job rotations,
high visibility, leadership training, one-onone mentoring, and a company-supported
graduate degree. We hope you find this
information helpful and that you will give
our program careful consideration.
Guy Montminy
Senior Vice President, Finance
BAE Systems, Inc.
2
FLDP
text here, wrapped for two columns
Experience
geographic, business,
and functional diversity in three
distinct job rotations.
FLDP
3
Our locations
The BAE Systems Finance organization is
responsible for supporting the business
in meeting the company’s strategic goals.
The Financial Leadership Development
Program is a key component of the
Finance organization at BAE Systems.
The program's foundation is in three
home campus locations: Nashua, New
Hampshire; Endicott, New York; and the
Washington, D.C., area.
FLDP participants also have the opportunity
to work in Fort Worth, Texas; York,
Pennsylvania; Charlotte, North Carolina;
and many other locations. All sites offer an
array of social and cultural activities.
Each site is unique in its own way. All of
them offer employees fulfilling careers
with competitive salaries and excellent
benefits. The complete package includes
regular merit reviews, comprehensive
insurance benefits, graduate school
tuition assistance, paid vacation, and
a 401(k) plan with company match.
Many facilities offer health and wellness
programs as well as flexible work
schedules, such as the 9/80. The 9/80
schedule compresses the 80 hours
normally worked in a two-week period
into nine working days, giving employees
every other Friday off.
The FLDP allows participants to
experience geographic, business, and
functional diversity. Gaining experience in
different locales broadens participants'
scope and business knowledge, helping
tomorrow's leaders to develop and grow.
4
FLDP
Our mission
The mission of the Financial Leadership
Development Program is to cultivate
professionals within the Finance
organization who are action-oriented,
who will lead effective change, and
promote innovation within BAE Systems.
The FLDP also places a strong emphasis
on philanthropy and participation in
charitable events through multiple
community programs.
The FLDP is an exciting and challenging
three-year development program for
talented, high-performing individuals.
It consists of three diverse oneyear rotations, each with increasing
responsibility.The FLDP is designed
to attract and retain highly motivated
people who want to become the future
leaders of BAE Systems.
FLDP
5
Our candidates
Financial Leadership Development
Program participants are a select group
of well-rounded recent college graduates.
Recruitment for our program typically
focuses on candidates who possess the
following attributes:
–Bachelor’s or master’s degree in a business-related discipline from an accredited college or university
–Excellent academic record
(minimum 3.0/4.0 GPA)
– Strong leadership qualities
– Ability and willingness to relocate for
a minimum of one year
– Superior communication skills
–Achievement in non-academic
pursuits such as athletics, clubs, and
organizations; special projects; military
service; and prior work experience
which may include a professional
internship
– Capacity and motivation for hard work
–Ability to obtain a security clearance through the U.S. Department of Defense
The Financial Leadership Development
Program consists of a combination
of challenging work environments,
internal training courses, increasing
responsibilities, and the academic rigor
of a master's degree, to form a blended
learning experience. To achieve success
in this program, FLDP participants are
required to have the following capabilities:
– High self-confidence
– Logical reasoning ability
–Strong interpersonal and teamwork skills
–Ability to demonstrate leadership of groups and individuals
Participants are encouraged to complete
a master’s degree in a relevant business
discipline on a part-time basis. In
addition, first-year participants will
attend internal courses at BAE Systems
pertaining to the defense industry and
government contracting.
6
FLDP
FLDP
7
Our program
Rotational work assignments
Each FLDP participant completes three
one-year work assignments. To expose
every member of the program to several
aspects of BAE Systems’ highly diverse
business, second and third year rotations
can be in a business area located
outside of the participants’ immediate
geographic location. Participants gain
a broad base of functional experience,
typically serving in project finance,
contracts, and financial planning and
Leadership training
analysis rotations. Throughout the
program, participants interact with senior
and executive management and other
leadership development participants in
Engineering, Operations, IT, and Human
Resources to establish a network critical
to the success of the business.
More specifically, the program is
designed to:
– Attract high-potential individuals
– Offer a broad spectrum of career opportunities
– Establish a foundation of skills
for future leaders
– Promote learning through challenging work assignments
– Instill a sense of confidence in providing leadership
– Provide participants with exposure to senior management
– Build a foundation of essential communication skills
– Offer challenging work assignments and varied career growthopportunities
The program seeks to grow each
individual’s leadership skills. There are
three essential components to financial
leadership:
–Development of a knowledge base that spans several functions within the Finance organization
–Subject-matter expertise through completion of a master’s program, recurring meetings, and in-house
training opportunities
–Development of superior teamwork and
team leadership skills at the annual
Leadership Development Conference
The numerous training opportunities
provided by the program seek to allow
participants to:
–Discover effective ways to understand and communicate with others
–Learn about various communication and leadership styles
–Learn how to leverage differences in individual styles
–Gain insight into motivation and performance
– Practice group and teamwork skills
– Practice and hone presentation skills
8
FLDP
Overview
The Financial Leadership Development Program
Participants typically complete rotations in three of the following areas:
– Project finance
– Financial planning and analysis
–Accounting
–Auditing
–Contracts
– Corporate assignments
FLDP design
Rotational
assignments*
YEAR 1
YEAR 2
YEAR 3
Home campus
rotation
Off-campus
rotation
Home or off-campus
rotation
Monthly
meetings
Internal
curriculum
Accounting/Project
Finance/Contracts
Graduation project
Graduate
school
Leadership
development
conferences
Graduate School
I
Teamwork/
personal
effectiveness
II
Personal
development
*Participants must be ready and willing to relocate
I I I Leadership
development
FLDP
Graduate school /
in-house training
The participants' educational coursework
provides a blended learning experience
that combines the comprehensive
education of a master’s degree with the
practical knowledge of in-house training.
BAE Systems offers tuition assistance for
graduate school programs. Participants
may attend any accredited business
graduate school offering a part-time
evening, weekend or online program
approved by FLDP management.
Members of the program also complete
in-house training that focuses on Project
Finance, Government Contracting, and
Program Management at BAE Systems.
This training program familiarizes
participants with the unique aspects of
the defense contracting industry.
In addition to the in-house training,
many BAE Systems sites offer "softskill" training, such as: visualization,
communication, business etiquette, and
public speaking.
9
FLDP meetings
The program gives each participant
many unique opportunities. It provides
interaction with senior leadership, and
training on a wide array of topics pertaining
to BAE Systems and the aerospace,
defense, and security industries.
Throughout the program, participants
meet regularly with senior management to
discuss career goals and opportunities.
FLDP coordinators
Program coordinators are responsible
for mentoring program participants,
evaluating individual performance,
assisting in yearly job rotation selections,
and making policy recommendations to
the FLDP leadership team.
Additional mentoring is provided by the
managers who oversee the participants'
daily activities and write their annual
performance reviews.
10
FLDP
Program completion
An FLDP graduation ceremony is held
each year, typically in June. The ceremony
serves to recognize the accomplishments
of those who have successfully completed
the program. Graduates are placed
within one of our sectors based on their
interests and abilities demonstrated
during the program.
Today, many FLDP graduates are serving
as managers, directors, controllers, and
vice presidents throughout the company.
Graduates are well-positioned to succeed
as a result of their broad experiences,
mentoring and educational opportunities,
and the strong networks they establish as
program participants.
FLDP
11
Our history
Since its inception in 1971, the FLDP
has evolved to become a source of
leadership throughout the company, with
program graduates now serving as vice
presidents, directors, and managers
throughout various sectors.
The FLDP leadership team – consisting
of the Senior Vice President of Finance
and his staff – is dedicated to ensuring
that the program fulfills its objective of
developing the financial and business
leaders of the future for BAE Systems.
In closing
The Finance Leadership Development
Program is a key source of leadership for
our Finance organization. The significant
commitment we make to program
participants in mentoring, rotational
assignments, and graduate school tuition
assistance pays great dividend to both
the FLDPs and BAE Systems as a whole.
As the FLDP director, I am committed to
making sure the program continues its
longstanding tradition of cultivating the
future business leaders of the enterprise.
We are a top tier defense company,
recognized widely for the world-class
technology we bring to our customers.
If you feel ready to earn a business
leadership role with us, you are invited
to explore the opportunities and exciting
challenges offered by
the Financial Leadership
Development Program at
BAE Systems.
Chandra Chudamani
VP HQ, FLDP
12
FLDP
FLDP
How to apply
For immediate consideration, all FLDP applicants should apply online at
www.baesystems.jobs
Search keyword: FLDP
Equal Opportunity Employer. Females. Minorities. Veterans. Disabled.
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For more information:
www.baesystems.com
Cleared for open publication 08/14
© 2014 BAE Systems. All rights reserved.
CS-12-F51 2014