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Credit Insurance

Euler Hermes CEO job swap programme fosters innovation

By CreditMan Tuesday, June 16, 2015

Euler Hermes, the worldwide leader in trade credit insurance, is enhancing local CEO capabilities with a senior executive development programme in which six CEOs from the company’s northern Europe region, including the UK, exchanged day-to-day responsibilities for one week.

The CEOs - from Belgium, The Netherlands, The Nordics, Poland, Russia and the UK – undertook joint meetings to understand their host business beforehand, then attended business meetings, contributed to daily decisions and met brokers, clients and local team members during the visit. After the exchange they shared their impressions, discussed learnings, and identified how to implement best practice transfers at home and in their host business.

“We created the northern Europe region job swap programme to enable our executives to gain a better understanding of the different markets in their region, exchange best practices, foster innovation and enhance customer service,” said Ludovic Senecaut, CEO, Euler Hermes Northern Europe.

The consensus from the CEOs was that the job swap opened up possibilities for better working together by transferring best practices across business areas such as risk, client portfolio management, employee engagement, marketing strategy and sales.

Gerard van Kaathoven, CEO Euler Hermes UK, found out more about how Euler Hermes Belgium is managed. He said: “The strategy, energy and quality of the Belgium team will help them grow their business. Insight from my discussions will be useful for helping to maximise the opportunities we have in the UK.”

Ludovic Senecaut added: "In addition to creating a forward thinking business that serves clients well, programmes like the job swap offer personal and network growth opportunities and develop valuable qualities like creativity, performance orientation and proactivity.”

The northern Europe exchange is the latest extension of Euler Hermes leadership development programme begun with six global heads of regions changing roles, and recently included international exchanges among departmental specialists such as Human Resources.