All of these 25 companies go above and beyond the call of duty when it comes to grooming talent from within. The list was featured by CNNMoney online. Here are the first five. To read the complete article, please click here.
1. IBM
HQ: Armonk, N.Y.
Revenue: $99.9 billion
Employees: 426,751
Fact: IBM sends leadership SWAT teams around the world to coach local staff.
2. General Mills
HQ: Minneapolis
Revenue: $14.8 billion
Employees: 33,000
Fact: Over 90% of management promotions are internal.
3. Procter & Gamble
HQ: Cincinnati
Revenue: $79.7 billion
Employees: 127,000
Fact: Every single CEO of P&G started at the entry level.
4. Aditya Birla
HQ: Mumbai
Revenue: $35 billion
Employees: 133,000
Fact: Aditya Birla honors employees who teach villagers skills like composting and pump repair.
5. Colgate-Palmolive
HQ: New York City
Revenue: $15.6 billion
Employees: 39,200
Fact: The Colgate Leadership Challenge is a seven-day event for the company’s junior employees, with a team business project, presentations by senior leaders, and charity work.
SUGGESTED READINGS ON LEADERSHIP
Good to Great
Jim Collins
Growing Great Employees
Erika Andersen
Leadership Gold
John Maxwell
Leading Change
James O’Toole
The Truth About Leadership
James Kouzes and Barry Posner