Leadership is the single largest determinant of business success. Organizations that excel at cultivating leaders gain an edge over their competition. So be it sending leadership SWAT teams around the world or sending young executives out to live in Indian villages so that they can understand the needs of impoverished rural consumers or be it seniors showering attention to juniors; companies go beyond the call of duty when it comes to leadership development.
The 2011 Global Top companies for Leaders an initiative by Aon Hewitt is an outcome based on the company’s leadership strategy, succession planning, techniques for identifying high-potential junior employees, and much more. This year, U.S. companies no longer dominate global leadership development, even though legendary talent factories like IBM, P&G and GE still appear on the list. Whirlpool too made the list despite announcing 5,000 layoffs last month, which goes to show that great leadership programs don't guarantee success. Five Indian firms viz, Aditya Birla, Bharti Airtel, Hindustan Unilever, ICICI Bank and Wipro feature in the list.
The 2011 Global Top Companies for Leaders are passionate and committed to leadership development. Their leadership programs are practical, relevant and aligned with business goals. Top Companies have an intense focus on talent, and they are deliberate about hiring, coaching, developing and rewarding success. Finally, leadership development at these organizations is an embedded practice and mindset.