Aon Hewitt Top Companies for Leaders

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Aon Hewitt, best companies

Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), announced the 2014 Global Aon Hewitt Top Companies for Leaders®. GE, IBM, Hindustan Unilever Limited, General Mills, Inc. and ICICI Bank Ltd. round out the top five organizations named to the list.   The Aon Hewitt Top Companies for Leaders study evaluates and recognizes what it takes to execute best-in-class leadership and talent management around the world. This year’s winners were selected and ranked by a panel of independent judges, including well-known experts from Wharton School of Business, Indian School of Business, PUC Minas and Ivey School of Business using a number of criteria, including strength of leadership practices and culture, examples of leader development on a global scale, alignment of business and leadership strategy, business performance and company reputation. “The list of 2014 Global Aon Hewitt Top Companies for Leaders is impressive. This group of organizations sets themselves apart by demonstrating their passion for cultivating resilient and engaged leaders who take the time to know and develop their talent and understand what experiences they need to rise above the rest,” said Pete Sanborn, Global Talent practice leader. “Since we first conducted this study in 2001, organizations have truly raised the bar on their commitment to leadership and the benefits are evident through higher financial returns, increased employee engagement and productivity and the continuous retention of top talent.”   Aon Hewitt’s analysis found top companies shared five key characteristics in their leadership approach:   ·         Assessment. When it comes to building leaders, top companies assess the whole leader early in their careers. This includes evaluating leaders’ experiences, competencies, values, and organizational fit. This helps organizations understand the unique needs of their talent pipeline to fuel the right development solutions that move people forward faster.   ·         Awareness. Top companies have leaders who demonstrate tremendous self-awareness by understanding their personal strengths and weaknesses and using this information to become more effective leaders.   ·         Resilience. In today’s unpredictable and complex environment, top companies build resilience in their leaders by creating inclusive cultures where multiple perspectives and ideas are expected and fostered to help the organization meet continued business challenges.   ·         Engaging leadership. Organizations leading the way focus on identifying and building engaging leaders who are stabilizers, demonstrate versatility and stay connected to people and events inside and outside their organization.   ·         Sustainability. Aon Hewitt Top Companies for Leaders focus on building talent programs nimble enough to respond quickly to the market demands, yet sustainable to deliver superior business outcomes.   “We are immensely proud to be ranked first in the Aon Hewitt Top Companies for Leaders list,” said Raghu Krishnamoorthy, vice president, Executive Development and Chief Learning Officer at GE. “This global recognition affirms the strength of the GE leadership philosophy, which holds that when one person grows we all grow, and together, we all rise.”   “The Aon Hewitt Top Companies for Leaders this year are especially notable for the detailed tracking and comprehensive building of their talent pipelines, with special emphasis on strategic thinking, broad engagement, and personal resilience — all increasingly critical given the companies’ changing and complex markets,” said Michael Useem, Professor of Management and Director of the Leadership Center, Wharton School, University of Pennsylvania. “Also striking is the direct personal involvement of senior managers and even company directors in their leadership programs.” Aon Hewitt Top Companies for Leaders were also selected and ranked in India, Southeast Asia, Australia/New Zealand and North America. Using a consistent methodology, winners in each of these markets (along with finalist organizations from Europe and Latin America) became the finalists competing for a spot on the global list. The Top 25 Global Aon Hewitt Top Companies for Leaders are featured below. To access the list of winners in India and North America visitwww.aon.com/topcompanies. Winning organizations in South East Asia and Australia/New Zealand will be announced soon.

Top 25 Global Aon Hewitt Top Companies for Leaders

 

Featured below is the list of the Top 25 Global Aon Hewitt Top Companies for Leaders. The complete lists of winning organizations in India and North America are available here.

 

Company	Headquarters Location
1. General Electric Company	United States
2. International Business Machines	United States
3. Hindustan Unilever Limited	India
4. General Mills, Inc.	United States
5. ICICI Bank Ltd.	India
6. The Procter & Gamble Company	United States
7. Colgate-Palmolive Co.	United States
8. 3M Company	United States
9. Novartis AG	Switzerland
10. Mahindra Group	India
11. McDonald’s Corporation	United States
12. Intel Corporation	United States
13. Whirlpool Corporation	United States
14. ArcelorMittal	United Kingdom
15. Weg SA	Brasil
16. Deere & Company	United States
17. Eli Lilly and Company	United States
18. DBS Group Holdings Ltd	Singapore
19. Royal Dutch Shell plc	Netherlands
20. Singapore Telecommunications Limited	Singapore
21. Sonoco Products Co.	United States
22. Sime Darby Berhad	Malaysia
23. Cargill, Inc.	United States
24. American Express Company	United States
25. Raytheon Co.	United States

 

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About the Aon Hewitt Top Companies for Leaders Study
With more than 1,500 survey data points and 350 executive interviews, the 2014 Aon Hewitt Top Companies for Leaders study is the most comprehensive, global research on leadership in the market, examining the link between leadership practices and financial results. This study explores how organizations assess, select, develop, and reward leaders, and examines the execution of leadership practices, as well as the strategy that guides it. To learn more about this study, please visitwww.aon.com/topcompanies.

About Aon Hewitt

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Best Companies To Work For In India: 2013

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Best Companies in India, Great Places to Work

This subject has fascinated me for years, so whenever I see lists of “Best Companies to work for…” I read the article with considerable interest. The results of the survey for 2013 for the Best Companies To Work For in India are out. Google is at No. 1.

A Company Without Bosses

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autonomy, self-management

This recent article in The Economic Times caught my attention. Huh? A company without bosses? More interestingly, without titles and without promotions? How on earth does this work? What kind of autonomy do they have which facilitates hundreds of people to work together without formal structures and egos coming into the picture?

India-Best Places To Work 2009

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Best Places to Work India, Great Places to Work

I am an avid follower of lists. Out of professional interest as well as a curiosity to find out ” who’s in ” and “who’s out” , I keep a tab on lists to the extent I can. Here’s one you may like: The Best Places to Work in India for 2009 brought to you by the Economic Times in association with the Great Places To Work Institute.

Great Places to Work-India 2009

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employee engagement, Great Places to Work

The Great Place to Work Institute , India working in collaboration with the Economic Times has announced its  list for 2009 . Interestingly, you will find a clutch of organisations across different sectors which have made it into this prestigious list. They cover information technology, consumer products and financial services.

Fixing the Fakes

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fake resumes, hiring policies

I was glad to read in the Economic Times that Wipro has taken a major step in fighting candidates who acquire job positions by falsifying their resumes.

In a move which can benefit industry as a whole, Wipro has started sharing with competitors its database of job applicants who have faked information in their CVs. This is the first such initiative in the Indian IT industry.

IBM India, Infosys and TCS, too, have been quietly dismissing employees who have been caught fabricating their academic or professional backgrounds. In March 2006, the issue became public when Wipro Technologies not just fired some employees for faking their CVs, but also filed police complaints against them.

HR experts say that the manipulation of resumes, especially in collaboration with recruitment agencies, is assuming alarming proportions. They estimate that 15-20 % of resumes have some sort of misrepresentation , subtle or blatant. Inflated salaries, wrong designations and incorrect prior experience are seen as examples of subtle misrepresentation while falsely claiming to have worked for a company is regarded as falling in the blatant category.

Those – and here I would place more of the blame on job consultants – who indulge in such malpractices do not seem to realize that, for their short term gains, they are bringing disrepute, not only to themselves but also to their organisations, the industry and indeed the nation.

Top BPO Employers

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Employee Satisfaction, Top BPO Employers

Dataquest-IDC Survey on the Top Employers for 2007 in India’s high growth BPO industry has the following as the Top 10 :

1. vCustomer
2. e4e Business Solutions
3. IBM Daksh
4. Genpact
5. Wipro
6. HCL
7. Allsec Technologies
8. Ajuba Solutions
9. Equinox Global
10. Brigade

vCustomer ,ranked 2 in the 2006 survey, has taken the top spot in the list. The list has a balance of pure customer services/call centre companies and broad-based BPOs. It also represents a mixture of large, medium amd small companies with the mid-size ( 1000 – 5000 employees) making up more than 50 % of the full list of 19 companies.

Best Companies To Work For in India

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best companies, Mercer, Microsoft India

International consultancy firm Mercer ranked Microsoft India at the top of its 15 Best Companies to Work for in India 2007 list. The study was jointly conducted by Mercer with financial magazine Business Today and international market research firm Taylor Nelson Sofres (TNS).

In a list dominated extensively by technology firms, Microsoft was followed by Mindtree Consulting, Johnson and Johnson and Sapient. Infosys, India’s second-biggest software exporter which topped the list in 2006 slipped to fifth spot this year.

Other companies in the top 10 include iGate (6th), Agilent Technologies, HCL Comnet, Accenture and Dr Reddy’s Labs (10th). The last 5 spots in the Top 15 go to Marriott Hotels India, Covansys India, HCL Infosystems, Godrej Consumer and Honeywell Technology.

FMCG majors J&J and Godrej Consumer, hospitality giant Mariott and pharma major Dr Reddy’s are the only 4 non-IT companies in the list. Mercer said this year’s list include 7 new entrants in the top 15 rankings. Last year’s list had ten firms, but it was increased to 15 this year on the request of participants.

Padmaja Alaganandan, Principal Consultant, Mercer, said, “Clearly, compensation has emerged as a necessary but not sufficient condition for employee engagement. This is good news for companies who are currently facing increasing pressure on margins due to spiralling compensation costs. Companies need to take a good look at jobs that they offer and build in elements of autonomy, challenge and scope for innovation to have a truly ‘engaged’ workforce.”

This year, 129 companies registered for the survey, of which 94 completed all participation formalities. To be eligible, companies must have had a minimum of 200 management or executive level employees in India, and be in existence in India for a minimum of 4 years.

Best Employers: India’s Tech Companies

The Indian magazine Dataquest in partnership with IDC publishes their list of the Best Employers in India’s tech companies.

The top 5 rankings for 2007 in their 7th annual survey:-

1. TCS
2. HCL Infosystems
3. iGate
4. RMSI
5. Synechron

TCS was also ranked No. 1 last year. RMSI has fallen from rank 2 to rank 4. HCL Infosystems has improved from rank 3 to rank 2. iGate has moved from rank 29 to rank 3. Synechron was not in last year’s list.

Best Employers-Asia

Hewitt Asociates has announced the Best Employers in Asia for 2007.

The Best Employers in Asia 2007 study was conducted by Hewitt Associates and presented in partnership with The Wall Street Journal Asia .

The study provides a definitive benchmark against which you can measure how effective your organization is in providing a workplace that engages the intellectual and emotional commitment of your employees. While revealing how Asian organizations are achieving a real competitive advantage through their people, the study also indicates where your organization is at on its journey to being an ’employer of choice’.

6 of the top 20 are from China. The companies from India to feature in the Top 20 were:

• Marriott Hotels India: Rank 7
• Satyam Computer Services: Rank 12
• Aditya Birla Group: Rank16
• Domino’s Pizza India: Rank 20