PROFESSIONAL DEVELOPMENT PROGRAM
BASF Corporation
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uu One of the One of the world’s largest world’s largest chemical companies
uu 2002 Global Sales in excess of $2002 Global Sales in excess of $34 billion34 billion
uu Employs more than 89Employs more than 89,000 people,000 people
uu Operates production in more than Operates production in more than 40 countries40 countries
uu World headquarters in GermanyWorld headquarters in Germany
uu Maintains business relationships in more than Maintains business relationships in more than 170 nations170 nations
uu BASF is publicly traded on five of the world’s leading stock BASF is publicly traded on five of the world’s leading stock exchanges, including exchanges in New York (BF), Frankfurt exchanges, including exchanges in New York (BF), Frankfurt (BAS), London (BFA), Zurich (BAS), and Paris (BA).(BAS), London (BFA), Zurich (BAS), and Paris (BA).
The BASF GroupThe BASF Group
BASF Corporation
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uu Listed among one of Listed among one of “Global Most Admired “Global Most Admired Companies”Companies” –– Fortune Magazine 2002 and 2003Fortune Magazine 2002 and 2003
uu Listed as one of Listed as one of “America’s Most Admired “America’s Most Admired Companies”Companies” –– Fortune Magazine 2002Fortune Magazine 2002
uu Ranked among the Ranked among the Top 100 Foreign InvestorsTop 100 Foreign Investors in the in the American market American market –– Forbes Magazine 2002Forbes Magazine 2002
uu Ranked among the top Ranked among the top “European Super 50”“European Super 50”companiescompanies –– Forbes Magazine 2002Forbes Magazine 2002
The BASF GroupThe BASF Group
BASF Corporation
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The BASF GroupThe BASF Groupuu Ranked 142 of top Global 500 companies in the Ranked 142 of top Global 500 companies in the
worldworld
uu Named “World’s leading innovator in chemicals”Named “World’s leading innovator in chemicals”
uu Listed among the top three in the chemical Listed among the top three in the chemical industry in eight key areas:industry in eight key areas:
Social ResponsibilitySocial ResponsibilityEmployee TalentEmployee TalentUse of Corporate AssetsUse of Corporate AssetsQuality of Products/ServicesQuality of Products/Services
LongLong--Term Investment ValueTerm Investment ValueFinancial SoundnessFinancial Soundness
Quality of ManagementQuality of ManagementInnovativenessInnovativeness
-- Fortune Magazine 2002Fortune Magazine 2002
BASF Corporation
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uu North American affiliate of the BASF GroupNorth American affiliate of the BASF Groupuu 14,000 employees14,000 employees
uu Over 50 NAFTA LocationsOver 50 NAFTA Locations•• 40 Production Sites40 Production Sites
•• 13 Research and Development sites13 Research and Development sites
uu Among top 5 chemical companies in North Among top 5 chemical companies in North AmericaAmerica
BASF CorporationBASF Corporation
BASF Corporation
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Blackie, ABAbbotsford, BCAppleton, WIGurnee, ILDecatur, ILGreenville, OHHuntington, WVDalton, GANeosho, MOShreveport, LACarrollton, TXBeaumont, TXPort Arthur, TXTexas City, TXFreeport, TXOrange, CAEnsenada, MexMonterrey, MexAltamira, MexSanta Clara, MexGuadalajara, MexTultitlán, MexXalostoc, MexLivonia, MI
Southfield, MIDetroit, MIWyandotte, MIWindsor, ONGeorgetown, ONToronto, ONArnprior, ONCornwall, ONRensselaer, NYHeadquarters - Mt. Olive, NJSouth Brunswick, NJBelvidere/Washington, NJMonaca, PAPortsmouth, VARTP, NCCharlotte/Morganton, NCEnka, NCAnderson, SCChattanooga, TNManati, PRTheodore, ALAberdeen, MSBishop, TXGeismar, LA
BASF Locations in North AmericaBASF Locations in North America
BASF Corporation
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uu ChemicalsChemicals
uu PlasticsPlastics
uu Colorants & Finishing ProductsColorants & Finishing Products
uu Agricultural Products & NutritionAgricultural Products & Nutrition
uu Oil & GasOil & Gas
Business SegmentsBusiness Segments
BASF Corporation
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Sales by Major Customer IndustrySales by Major Customer IndustryNutrition, Health & Personal Care
Automotive
Agriculture
Chemicals
Housing & Construction
Carpets
Paper & Printing
Textiles
Electrical & Industrial Equipment
Sport Goods, Footwear
BASF Corporation
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BASF Corporation OfferingsBASF Corporation Offerings
uu Career Development SystemCareer Development System
uu Tuition ReimbursementTuition Reimbursement
uu Employee Referral ProgramEmployee Referral Program
uu Flexible Work HoursFlexible Work Hours
uu Networking OpportunitiesNetworking Opportunities
•• W&BI, AAEG, GLBT&FW&BI, AAEG, GLBT&FNote: Eligibility for the above offerings may differ from site Note: Eligibility for the above offerings may differ from site to site.to site.
BASF Corporation
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Professional Development Program Professional Development Program (PDP)(PDP)
Provides new college graduates Provides new college graduates the opportunity to apply their the opportunity to apply their
expertise through rotational, realexpertise through rotational, real--world world assignments at BASF Corporation.assignments at BASF Corporation.
BASF Corporation
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Professional Development ProgramProfessional Development Program
What does it do?What does it do?
uu Fulfills business needsFulfills business needs
uu Promotes Promotes skills developmentdevelopment
uu Provides rotational assignmentsProvides rotational assignments
uu Encourages career explorationEncourages career exploration
BASF Corporation
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PDP Options PDP Options
uu AccountingAccounting
uu Chemistry Chemistry (B.S. & M.S.)(B.S. & M.S.)
uu Engineering Engineering (Chemical & Mechanical)(Chemical & Mechanical)
uu Logistics/PurchasingLogistics/Purchasing
uu Ph.D. Chemistry Ph.D. Chemistry *** 24 month duration* 24 month duration
BASF Corporation
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Traditional Accounting PDPTraditional Accounting PDP
How does it work?How does it work?
uu 18 month program18 month program
uu Six assignments of varying durationSix assignments of varying duration
uu Assignment location/business group will varyAssignment location/business group will vary
ll Mt. Olive, NJ Corporate HeadquartersMt. Olive, NJ Corporate Headquarters
ll An additional assignment at one of our site locationsAn additional assignment at one of our site locations
BASF Corporation
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Assignment and PlacementAssignment and PlacementSelection Based on: Selection Based on:
uu Business needsBusiness needs
uu Assignment availabilityAssignment availability
uu Career development needsCareer development needs
uu Employee interestsEmployee interests
BASF Corporation
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Accounting Assignment OpportunitiesAccounting Assignment Opportunities
uu Accounting servicesAccounting services
uu Corporate accountingCorporate accounting
uu Operational accountingOperational accounting
uu Internal auditInternal audit
uu Financial planning and analysisFinancial planning and analysis
uu Site accountingSite accounting
BASF Corporation
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Assignment ProcessAssignment Process
uu Based on the employee’s skills and Based on the employee’s skills and experiences and project work available, the experiences and project work available, the Steering Committee determines the Steering Committee determines the assignment sequence.assignment sequence.
uu Location of the site assignment is Location of the site assignment is determined by business needs and the determined by business needs and the developmental needs of the employee.developmental needs of the employee.
BASF Corporation
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Placement ProcessPlacement Process
uu Based upon existing opportunities at the time of Based upon existing opportunities at the time of placement, the incumbent can choose a twoplacement, the incumbent can choose a two--year year assignment within one of the accounting assignment within one of the accounting functions on the next slide.functions on the next slide.
uu The steering committee facilitates the placement The steering committee facilitates the placement off of the PDP.off of the PDP.
BASF Corporation
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Profession OpportunitiesProfession Opportunities
uu Accounting servicesAccounting services
uu Corporate accountingCorporate accounting
uu Operational accountingOperational accounting
uu Internal auditInternal audit
uu Financial planning and analysisFinancial planning and analysis
uu Site accountingSite accounting
BASF Corporation
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Profession OpportunitiesProfession Opportunities
uu Subsequent to the twoSubsequent to the two--year initial placement, year initial placement, opportunities for advancement will be based upon opportunities for advancement will be based upon performance and will include not only the performance and will include not only the previous areas but also other financial previous areas but also other financial assignments. assignments.
uu Upon completion of the PDP, incumbents are Upon completion of the PDP, incumbents are encouraged to pursue an MBA degree.encouraged to pursue an MBA degree.
BASF Corporation
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uu Key School StrategyKey School Strategy
uu Formal Mentoring ProgramFormal Mentoring Program
uu MobilityMobility
uu Steering Committee FacilitationSteering Committee Facilitation
uu Performance OrientationPerformance Orientation
uu NetworkingNetworking
uu Training Training -- Technical and Managerial skill Technical and Managerial skill developmentdevelopment
Cornerstones of the PDPCornerstones of the PDP
BASF Corporation
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Are you interested in acquiring your CPA?Are you interested in acquiring your CPA?
BASF has a program in place within the Accounting/Finance community which
supports an employee to fulfill the experience requirements for the CPA.
BASF Corporation
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uu Career oriented ? Career oriented ?
uu Willing to relocate ?Willing to relocate ?
uu A Team Player ?A Team Player ?
uu One who takes Initiative ?One who takes Initiative ?
uu One who takes responsibility ?One who takes responsibility ?
If the answer is If the answer is YESYES, join our , join our Professional Development Program.Professional Development Program.
Are you…...Are you…...
BASF Corporation
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Check out our web site atCheck out our web site at
www.basf.com/careers
BASF Corporation
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Additional SlidesAdditional Slides
These slides are to kept in the These slides are to kept in the “hip pocket” and be used if topic “hip pocket” and be used if topic
is brought up.is brought up.
BASF Corporation
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Program Diversity Program Diversity Recruiting Season
0%
10%
20%
30%
40%
50%
60%
1997-'98
1998-'99
1999-'00
2000-'01
2001-'02
2002-'03
Female AcceptancesMinority Acceptances