17-month intensive program prepares recent grads for project management
MISSISSAUGA, ON, Sept. 6 /CNW/ - Siemens Canada Limited is further
investing in the future by prepping top university graduates for positions in
the company, through their unique Commercial Project Management Graduate
Program (CPM). The company accepted the first seven graduates from over
294 applicants into the program this past June. As part of the company's
strategic focus on major infrastructure projects, the CPM Graduate program is
a 17-month rotational program that places each graduate into two of the
company's 10 business units. This rotation exposes the individuals to the main
areas of focus within commercial project management: contract analysis;
contract negotiation; risk management; business oriented claim management;
project controlling and accounting; and project planning & reporting.
The program also includes a mentorship aspect. Each graduate is assigned
to Senior Executives throughout their 17-month CPM Graduate Program. "We are
taking the necessary steps now to ensure the appropriate commercial resources
are available to handle the expected volume of complex projects in the
future," says Hugh Gelis, chief financial officer, Siemens Canada Limited, who
is a key sponsor of the initiative and takes a personal lead and interest in
the development of the program and participants. "Our investment of time and
resources is a clear indication of Siemens' commitment to the development of
our next generation of leadership."
To date, the graduates' hands-on experiences have been supplemented with
a number of developmental training courses in areas of project management from
a financial perspective, risk management, contract law, SAP and negotiation
skills. Their training program and work experience will prepare them for
projects such as Siemens upcoming bid for replacing Toronto's aging fleet of
streetcars and give them the opportunity to attain PMI's Certified Associate
of Project Management (CAPM) designation. Recently the participants had to
apply their acquired skills in two separate company sponsored events with a
clear objective of raising funds for Siemens Canada's two charities of record.
According to Michelle Manglal-Lan, manager of Strategic Talent Programs,
Human Resources, "This program is essential in our efforts to recruit top
talent. Over the 17 months, the participants must consistently demonstrate
strong organizational, interpersonal, communication, problem solving and
analytical skills; as well as a willingness to work independently and take
initiative. In addition, the grads must be able to work within a team
environment, think creatively and have a strong knowledge of current computer
applications, which will prepare them for a successful long-term career with
About Siemens in Canada
Siemens is one of the largest and most diversified companies in the
world, providing innovations in areas such as automation and control, power,
transportation, medical, information and communications, and lighting. In
Canada, Siemens is headquartered in Mississauga, Ontario, with more than 7,500
employees located in 76 offices and seven major manufacturing facilities.
Sales for fiscal 2006 were $2.3 billion.
This press release may contain forward-looking statements based on the
beliefs of the management of Siemens Canada Limited and its affiliates. The
words "anticipate," "believe," "estimate," "forecast," "expect," "intend,"
"plan," "should," and "project," are used to identify forward-looking
statements. Such statements reflect the management's current views with
respect to future events and are subject to risks and uncertainties. Many
factors could cause the actual results to be materially different, among
others, changes in general economic and business conditions, changes in
currency exchange rate and interest rates, introduction of competing products,
lack of acceptance of new products or services and changes in business
strategy. Actual results many vary materially from those projected here.
Siemens Canada Limited and its affiliates do not intend or assume any
obligation to update these forward-looking statements.
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For further information: DL Leslie, Tel.: (905) 819-5926, Fax: (905)
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