SIMON SUSTAINABILITY REPORT 2022
HUMAN CAPITAL DEVELOPMENT Simon believes that our people are the key to our competitive advantage. To ensure we are continuously growing our talent from within, we are committed to providing a variety of professional development opportunities that will help our employees acquire the skills they need to reach their full potential at Simon. Our human capital development strategy incorporates a variety of training topics and delivery methods that have been tailored to meet the unique needs of each component of our business.
LEADERSHIP PROGRAMMING We understand that the best professionals actively seek opportunities to grow where they work and we take tremendous pride in offering our employees the chance to realize their full potential at Simon. To help develop the next generation of Simon leaders, we maintain a series of development programs. Simon has many legacy leadership programs in place, including those for various roles and levels of leadership within the organization. After a two-year hiatus as a result of the pandemic, three of our formal leadership programs were reintroduced to the organization in 2022 to provide a comprehensive approach to leadership, incorporating both soft skills and business acumen concepts. In addition, we further expanded our Simon Online Learning catalog, providing even more on-demand courses, practical tools, and other learning materials for all employees with content ranging from leadership/soft-skill development to diversity and inclusion awareness. Over 2K Simon employees took advantage of these online resources in 2022, accessing over 8K pieces of available learning and development content. MALL MANAGEMENT TRAINING PROGRAM (MMT) Our Mall Management Training Program is an accelerated leadership training program with a direct path to Property Management. Participants learn all aspects of running a successful shopping center, which includes operations, guest relations, marketing, leasing, and security. Additionally, participants are taught the leadership and management skills that will help them build a high- performing team. Upon successful completion of the program, participants are Designed for team members who aspire to one day assume a leadership role, Simon’s Emerging Leaders Program equips our high-performing non-supervisory employees with the foundational skills needed to make the transition from being a strong individual performer to becoming an effective leader. This cohort learning program focuses on personal skill assessment, targeted leadership development, and the acquisition of sector-specific business acumen. transitioned to run their own Simon center. EMERGING LEADERS PROGRAM (ELP)
ADVANCED MANGEMENT PROGRAM (AMP) Designed for high-potential property management leaders, Simon’s Advanced Management Program is an experiential learning journey tailored to help elite leaders work more effectively across boundaries, think more broadly about their business, and lead teams at a regional level. Participants learn how to balance tactical concerns with strategic priorities, acquiring critical decision-making skills with an enterprise-wide perspective.
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CREATING SUSTAINABLE CENTERS
EMPLOYEES
CUSTOMERS
COMMUNITIES
ENVIRONMENT
APPENDIX
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