Imagine going to an office where your boss listens to you. He wants to know what’s your take on the assignment he’s just handed out to you, if it can be accomplished, what are the factors that may hinder it and then, tries to sort out the problems to make it achievable for you.
If this happens, and yes it does, the employee will be motivated and productive to finish her/his tasks as the boss is fully involved in not just handing out the work, but also handling it with you.
These kinds of bosses are leaders who can make a business successful or ruin one.
Hay Group, a management consulting firm, has released its ninth annual Best Companies for Leadership Study and these companies top the list.
The top performer is Procter & Gamble, followed by General Electric, Coca-Cola and IBM.
Here is the list of companies that made it to the Top 20.
1# Procter & Gamble
2# General Electric
3# Coca-Cola
4#IBM
5#Unilever
6# Intel
7# McDonalds
8# Samsung
9# 3M
10# Hewlett-Packard
11# PepsiCo
12# Toyota
13# Accenture
14# Siemens
15# Telefonica
16# BASF
17# Johnson & Johnson
18# Citigroup
19# Ikea
20# Pfizer
According to the study, the best companies for leadership take a determined and disciplined approach to helping leaders develop and rise within their organisations.
A key finding from this year’s study was that 80 per cent of the top 20 companies had established clear career paths for their employees, compared to only 48 per cent of all other companies.
Similarly, 80 per cent of the top 20 were well ahead of their peer groups by providing career development experiences for their organisation’s highest potentials, ensuring the company has the right people with the right skills when needed to fill their most critical roles.
“This year’s research shows that the world’s leading organisations are purposefully developing leaders who will be able to drive innovation and transform their organisations,” said Ruth Malloy, global managing director of Hay Group's Leadership and Talent practice and co-leader of the Best Companies for Leadership Study.
“These best-in-class organisations are providing non-traditional, more diverse, career paths and training high-potential employees to meet specific business challenges and develop the skills required to help their organisations succeed in today's increasingly volatile, global environment.”
Not only do the top 20 companies provide clearly defined and varied routes to leadership, they also intentionally seek to develop diverse leaders.
Half of the top 20 offer special leadership development programmes for women, compared to 13 per cent of all other companies, and 40 per cent of the top 20 have programmes geared toward diverse groups, compared to only 11 per cent of all other companies.
Top companies also tend to make leadership development programmes available at all experience levels (83 per cent compared to 57 per cent).
Correspondingly, the top 20 are more likely to report diversity among their senior ranks with 68 per cent (compared to 53 per cent of all other companies) indicating the diversity of their senior leadership reflects the diversity of their employees.
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Best firms, best bosses: World's Top 20 companies revealed
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