HRM ASSIGNMENT INTERNAL COMPONENT- 3

NAME ISHAN DANG

PRN -16021021069
SECTION -B

Executive summary

Parent Company
Fiat
Category
Sports Car
Sector
Automobiles
Tagline/ Slogan
Ferrari, the car for illuminati; Everything we do is driven by Ferrari; We Are The Competition
USP
Best in class sports cars having superior engines and latest technology
Segment
Sports car for affluent and elite customer
Target Group
Targeted towards elite class customers seeking for a brilliant sporty driving experience
Positioning
Positioned as a premium sports car manufacturing company providing best features and latest technology as well as best in class sporty driving
experience
Product Portfolio
1. Ferrari F12 Berlinetta
2. Ferrari FF
3. Ferrari 458 Spider
4. Ferrari 458 Italia
5. Ferrari California
6. Ferrari F50
7. Ferrari F40

Ferrari is anItaliansports carmanufacturerbased inMaranello. Founded byEnzo Ferrariin 1939 asAuto

Avio Costruzioni, the company builtits first carin 1940. However, the company's inception as an
auto manufactureris usually recognized in 1947 when the first Ferrari-badged car was completed.

Ferrari is the world's most powerful brand according toBrand Finance.In May 2012 the 1962Ferrari 250 GTO
became the most expensive car in history, selling in a private transaction forUS$38.1millionto American
communications magnateCraig McCaw.

Fiat S.p.A.acquired 50 percent of Ferrari in 1969 and expanded its stake to 90 percent in 1988.In October
2014Fiat Chrysler Automobilesannounced its intentions to separate Ferrari from FCA; as of the
announcement FCA owned 90 percent of Ferrari.The separation began in October 2015 with a restructuring
that establishedFerrari N.V.(a company incorporated in the Netherlands) as the new holding company of
the Ferrari group and the subsequent sale by FCA of a 10 percent of the shares in anIPOand concurrent
listing ofcommon shareson theNew York Stock Exchange.Through the remaining steps of the separation,
FCA's interest in Ferrari's business was distributed to shareholders of FCA, with a 10 percent continuing to be
owned byPiero Ferrari.The spin-off was completed on 3 January 2016.

Throughout its history, the company has been noted for its continued participation inracing, especially in
Formula One, where it is themost successful racing team, holding the most constructors championships and
having produced the highest number of winning drivers .Ferrari road cars are generally seen as a symbol of
speed, luxury and wealth.

FERRARI VALUES

THE PURSUIT OF EXCELLENCE

Ferrari is a company that values excellence, so it is always looking for ambitious people, be they career starters or
experiences profiles, who can help it innovate, and who are passionate about Ferrari and automotive excellence.
Ferrari values the individual first. A persons freedom to express him or herself is given highest priority, because Ferrari
believes this is the key to creative and successful team collaboration.
The selection process is detailed and precise just what you might expect from a company that depends on meticulous and
uncompromising attention to detail. Candidates are examined not only on their professional, technical and academic
excellence, but also for their compatibility with Ferrari principles and values, international mindset and multicultural
experience.

INDIVIDUAL
& TEAM

Our individual people are our strongest asset and can reach excellency only when working together as a team,
with strong communication, sharing and improving together for best results.
We all have a strong sense of belonging, love the challenge and seek continuous improvement together, daily, for
the success of our organization.

BEST PLACE
TO WORK

Ferrari knows that the best individual and team performance is only achieved if employees feel they are in the right place,
the right environment.
Ferrari also believes that the quality of its cars cannot be separated from the lives of the people working at the Ferrari
plant. Thats why the working environment and wellbeing of our employees are most important priorities.
The Ferrari plant in Maranello is a model work environment. The philosophy behind the creation of Ferraris production
areas are specifically designed with the needs of employees firmly in mind. This philosophy became known as Formula
Uomo. Consequently, the newly renovated Ferrari complex now combines carefully designed lighting systems, green
areas (there are plentiful trees along the roads around the factory), a new restaurant, and special measures aimed at
reducing environmental impact and noise, using advanced technologies.
The Ferrari complex was specifically designed to architecturally reinforce the synergic relationship between work and
results.
Ferrari employees also benefit from an extensive range of training courses as well as fitness and wellbeing programs.
Formula Benessere raises health awareness and offers specialist check-ups for employees (and a similar version for
employees children, Benessere Junior).
Ferrari offer an Language ongoing training programme covering both the professional development and the specific
interests of employees.
And as a result, Ferrari believes that visitors to the Maranello factory will discover not only innovative cars, but a world of
ecological and technological research, carried out by people making the best possible use of their talents and passion.

HIRING TALENTED INDIVIDUALS FOR LONG TERM DEVELOPMENT AND PERFORMANCE

At Ferrari, recruitment & selection is about detecting the right qualities and skills in order to build on our long term
success and our capacity to innovate. And is about the right match with our values and company DNA. Ferrari sets high
expectations, for individuals with confirmed skills as well as the ability and ambition to develop in the future.
Our recruitment process provides a platform to engage with talent, to assess competences through a structured selection
process, and to prepare for post-recruitment integration and development.
STEP 1
First evaluation of CV and letter of motivation received. Our preferred application method is through the site as it allows
us to ensure a full application tracking and follow-up for the most relevant candidatures received.
Then selectively an invitation to first interviews with Recruitment and Selection specialists and/or HR Management. Video
interviews may be recommended to bridge time or distance.
STEP 2
Technical interview(s) with relevant Department heads.
The further process may include assessment centers (individual or group) and aptitude tests, depending on the role or
specific recruitment program.
Should an application in the end not be successful, we retain a talent-pooling approach for potential future roles.
STEP 3
For head-office functions, we included dedicated questionnaire, specific tests or exercises and a test of fluency in English.
Fluency in English is required in all functions for graduates and experienced hires, in addition to your language of origin.
STEP 4
Participation in individual or group assessment, followed by debriefing and for selected individuals an offer to join
Ferrari.

FOCUS ON PEOPLE
ETHICS
We are aware of the fact that we are part of a unique reality, known and respected all over the
world and we are committed to representing it in all our relations, keeping a discreet, honest,
coherent and correct behaviour.
PRIDE OF AFFILIATION
The people at Ferrari are proud to be part of a unique and unrepeatable reality and to contribute
personally to renovate the legend of Ferraris tradition, anticipating, achieving and exceeding the
desires, the expectations and the emotions of our clients.
EXCELLENCE
The people at Ferrari apply the concept of excellence into their way of thinking, planning, acting
and carrying out their tasks, without ever being satisfied by the achieved results, looking in every
managerial or technical activity for the solution with the highest qualitative level to guarantee to
all the clients the services and the products excellence.
INITIATIVE
Ferraris employees think and act as if the company was theirs, looking for new responsibilities,
setting themselves professional innovative and challenging goals, therefore anticipating the
changes directed to continuous improvement.
ATTENTION TO THE ENVIRONMENT
We want to improve the working environment guaranteeing the best conditions in terms of
livableness, comfort, orderliness and cleanness to work in a healthy and safe environment, where
high quality-standards are guaranteed to all people working in the Company.
PROFITABILITY
The people at Ferrari plan, achieve and make the most out of the investments in resources,
structures and technology in the interest of the Company, the partners and all the collaborators
on the mid and long term, to guarantee development and productivity.