Lockheed Martin: Changing the

Composition of the Workplace

Presented by:

Brooke Thomas

Overview

• History

• Leadership

• Connecting the Changing Workforce

• LM People

• LM HealthWorks

• Alternative Work Schedules

• Take Away

History

• Lockheed Corporation & Martin Marietta Corporation merged in March 1995

• Estimated revenue of $47 billion

• 74% from military sales

• Leading defense contractor

Leadership

• Full Spectrum Model

• Five qualities

– Shape the future

– Build effective relationships

– Energize the team

– Deliver results

– Model personal excellence integrity and accountability

• Measured, promoted and evaluated based on 360 degree performance assessment

Connecting the Workforce

• Implement corporate wide programs

• Foster Leaders

– College graduates

– Veterans

– Experienced Professionals

– Retirement Eligible Professionals

College Graduates

• Top 20 percent of class

• Leadership Development Program• On-the-job training• Online learning• Special job assignments• Participation on special task forces

• Less concerned with salary, more concerned with work-life balance

Veterans

• Military Relations Managers

– Offers careers aligned with positions and skills sets sampled from military

– Training Assistance Programs

• Training courses

• Internal networking

• Research career interests

• Apply

Experienced Professionals

• Brown bag lunches

• Mentoring and coaching

• Internal and external educational opportunities

• Formal career building

• Institute for Leadership Excellence

Retirement Ready Employees

• 60 percent of workforce

• Knowledge management

• Retirement planning

LM People

• Integrated system

• Standardizes career planning & professional training

– Leadership training

– Performance Management

– Mentoring

– Educational Opportunities

LM HealthWorks

Wellness & Prevention

Health Plan

Mission

Take Action

Work Alternative Schedules

• Flex Schedule

• Telecommuting

• Longer weekends

Take Away

• Connect the workforce

• Spend the money

• Align goals of talent management principles

– Integration

– Segmentation

– Agility

Questions?

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• http://www.lockheedmartin.com/us/news/speeches/072307-stevens.html

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