Next-Generation HR: Bayer's HR Transformation
Our Privacy Policy has been updated! The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you acknowledge our privacy policy and consent to the use of cookies. 

Next-Generation HR: Bayer's HR Transformation

January 19, 2021 | Article

Bayer AG launched a new human resources operating model in 2020 as part of a wider business transformation of the German-owned life sciences company. 

With over 100,000 employees in nearly 400 companies in 87 countries, “Bayer 2022” mandates every part of the business to accelerate profitable growth through innovation, portfolio management, and operational efficiencies. The goal is to achieve €2.6 billion in cost savings by 2022 and to invest over €30 billion in Bayer’s future, with more than two-thirds of that channeled into research and development. To help the business divisions achieve accelerated growth, each of Bayer’s “enabling” functions, which include HR, have been tasked with creating an organization and infrastructure that delivers effective support at a sustainable level of investment.

This publication is exclusive to members of The Conference Board.
For information about membership click here.

AUTHOR

MarionDevine

Principal Researcher, Human Capital, Europe
The Conference Board


OTHER RELATED CONTENT