Consider the following
extraordinary results from high performing companies that have
been able to tap higher levels of discretionary effort. They have
seen the value of executive team development. The following excerpt
from the Hewitt Associates study on leadership makes a strong
case for the executive team and leadership development.
A great business leader
can focus employees on business goals, build highly effective
teams and drive organizational performance. Yet, only a handful
of companies know how to produce world-class leaders who are vital
to sustained success. A Hewitt Associates study, Top 20 Companies
for Leaders, identifies these companies and reveals the programs
and practices that drive their success in leadership development.
1. IBM
2. Microsoft
3. General Electric
4. The Home Depot
5. Dell Computer
6. FedEx
7. Pfizer
8. Colgate-Palmolive
9. Philip Morris USA
10. Johnson Controls
11. BP
12. Honeywell
13. SYSCO
14. Centex
15. Intel
16. Citigroup
17. Target
18. Southwest Airlines
19. Verizon
20. Sun Microsystems
Not surprisingly, the
top 20 companies have formal leadership programs…In companies
where the CEO actively reviews top talent, shareholders see a
22% return over three years, compared to a negative 4% return
in companies where the CEO isn’t involved” (Hewitt
Magazine, Volume 5, Issue 3).
