Ipsen's success is the result of both individual and collective success. This is why the annual performance appraisal is a key management process. Performance is monitored throughout the year, with two important meetings at mid-year and year-end providing managers and their staff with the opportunity to discuss and agree on the expected level of performance. This framework enables managers to reiterate and clarify overall Group strategy, and translate it into ambitious but achievable individual targets. It also defines the competencies and resources required to achieve those targets. In order to ensure that this dialog is of high quality, the Human Resources department has organized training sessions for all Group managers and staff to reiterate key principles and success factors.