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The world's best companies for grooming leaders |
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. Rank 1 : IBM
The list of 25 companies by Aon Hewitt, the RBL Group and Fortune, titled 'Top Companies for Leaders 2011 Study Results', is topped by IBM, with General Mills and P&G coming next.
Rank 2 : General Mills In this Fortune 500 company, which primarily deals with food products and is the owner of famous brands such as Pillsbury and Haagen-Dazs, over 90 per cent of management promotions are internal.
Rank 3 : Procter & Gamble Every chief executive at P&G, which is also on the Fortune list of most admired companies, started at the entry level in the company.
Rank 4 : Aditya Birla Group The multinational conglomerate, which operates in over 33 countries, honours its employees who teach skills to villagers.
Rank 5 : Colgate-Palmolive The healthcare and personal products company has a seven-day Colgate Leadership Challenge in which junior employees work on a team business project, are taken through presentations by senior leaders, and do charity work.
Rank 6 : Hindustan Unilever HUL, India's largest consumer goods company, sends young managers to live in Indian villages so that they can understand the needs of rural consumers.
Rank 7 : ICICI Bank ICICI Bank, India's largest private sector bank, assigns talent scouts to identify promising employees.
Rank 8 : McDonald's McDonald's, the world's largest chain of fast-food restaurants, has an officer development programme to train talent in finance, human resources and marketing.
Rank 9 : Whirlpool The American home appliance manufacturer has a set of senior executives who serve as "innovation mentors" who are tasked with evaluating business ideas.
Rank 10 : PepsiCo The American multinational food and beverage company works on 10-year growth plans for individuals who the company believes have the potential climb high on the corporate ladder.
Rank 23 : Wipro Wipro Ltd is India's third-largest software services exporter. More than 100 executives have gone on to start their own businesses.
Rank 24 : Bharti Airtel Bharti Airtel is India's leading telecom services provider. The company has a reverse mentoring programme, in which junior employees tutor senior staff about new technology.
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