Study Reveals the Best Companies for Leadership
Hay Group has researched the Best Companies for Leadership since 2005. This year’s survey includes responses from nearly 7,000 individuals at more than 2,300 organizations worldwide. The survey was based on the organization’s response to an online questionnaire and peer nominations. Respondents that completed the survey were from 103 countries, with 11 percent from North America, 35 percent from Europe, two percent from the Middle East, 21 percent from Asia/Pacific/Africa and 31 percent from Latin America.
So what did we learn?
This year, General Electric topped the list, followed by Procter & Gamble, IBM, Microsoft and Coca-Cola.
According to Hay Group’s study, the Best Companies for Leadership create workplace environments and processes that enable innovation to thrive. In fact, all of the Top 20 companies reported that their leaders regularly celebrate innovation, compared to just 49 percent of other companies. In addition, 90 percent of the Top 20 companies reported that if individuals have an excellent idea, they can bypass the chain of command without the threat of negative consequences, compared to only 63 percent of other companies.
Here’s some common traits the best companies share:
For more information on Hay Group’s Best Companies for Leadership, please visit the microsite at http://bitly.com/Imm26t.