Good Companies v Great Companies

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trainingHave you ever wondered what differentiates good Companies from great Companies?  It turns out that leadership development is a critical ingredient.

Hay Group (find out more about the Hay Group Study here) recently released the “Top 20 Best Companies for Leadership Study”.  The study ranks the best companies for leadership around the globe and examines how those companies develop current and future leaders. This year, General Electric topped the list, followed by Procter & Gamble, Intel Corporation, Siemens and Banco Santander.

How does your organisation stack up?

Consider how well your Company rates against the top 10 things best leadership Companies do.  Does your Company….

  1. Expect employees to lead, regardless if they have a formal position of authority?
  2. Manage a pool of successors for mission-critical roles?
  3. Collect leadership development best practices from subsidiaries and share them?
  4. Give all employees the opportunity to develop and practice the capabilities needed to lead?
  5. Get local leaders to participate in decisions made at HQ to share ideas and best practices?
  6. Promote cultural diversity and respond to the challenges of competing in a global economy?
  7. Have a ‘family friendly’ corporate culture to support employees raising children?
  8. Have programs to develop leaders who can bring together resources across the organization?
  9. Pay male and female employees the same rate?
  10. Have programs to help expats deal with the local culture?

How does your Company stack up?

We work with Executives to determine their leadership framework which goes a long way towards achieving some of these outcomes.   What’s your experience?