Midas Safety Case Study

Introduction – Midas Safety For more than 30 years, Midas Safety has been protecting the Working Hands of the World. Our total focus is on hand protection and the Midas Safety range of products is one of the most diverse in the industry.

All production facilities are ISO 9001: 2000 Certified and all products are fully tested against all applicable CE standards. Midas Safety represents a group of factories which are vertically integrated to control use of natural resources like cotton and natural rubber. The state-of-art Spinning Mill provides yarns to each of the knitting facilities.

Product Range and Diversity Midas Safety represents a diverse assortment of protective safety gloves to meet the many needs of the PPE industry. Our gloves provide

 The guiding principles describe how employees at Midas Safety are going to work together in order to achieve the ambition 2020 and a united company.  They are aimed at employees and managers alike and point out what is important in their daily business.  CUSTOMER CENTRCITY  EMPOWERED PEOPLE  TRANSPARENT EXCELLENCE  ADAPTABLE INNOVATION  AUTHENTIC LEADERSHIP  SUSTAINABILITY

SWOT Analysis

Strengths • Truly represents the essence of organization • People focused • Lays strong foundation

Weakness • Only people focused • All similar • Not related to the business • Not linked with other processes • Relative

Threats • Old fashioned • Confusing • Exhaustible

Opportunities • Not entrenched • Link with business • Professional & Modern Organizational Development

The OD Model also adheres to the Midas Corporate Principles, incorporating them in all the developmental plans and processes, thus becoming a tangible expression of our corporate culture and a key component of our success. Talent empowering is the main tool for engaging our people and is made up of seven talent enhancing pillars. We believe that our People are not our greatest asset; they create assets and we aspire to engage the “right” people who can create great assets through our Talent empowering OD Model.

The OD Framework Talent Empowering Seven Pillars

High Potentials and Business Critical Positions • Identification of high potential based on performance reviews and talent reviews. • High potential management through IDPs. • Identification of key position based on impact on business. • Reward mechanism for key position.

Succession Benches • Ensuring succession benches are ready for key position. • Simultaneously develop a nursery of early