Infosys, ICICI among top firms for nourishing talent
Date: 24-Nov-2009
New Delhi: Five Indian companies, including ICICI Bank and Infosys
Technologies, have made it to the list of top 12 companies in the Asia
Pacific region for being instrumental in nurturing talent within their
organization.
According to the list compiled by HR consulting firm Hewitt in
partnership with RBL Group and U.S. magazine Fortune, ICICI Bank
emerged at the top, followed by China Mobile Communications Corp and
TCL Corp, a China-based electronics goods maker.
The Indian arm of global FMCG major Unilever, Hindustan Unilever, was
ranked at the fourth spot, Aditya Birla Group was at the sixth spot,
Infosys Tech was ranked eighth and another IT major Wipro cornered the
10th slot. Among others on the list, agricultural products firm Olam
International was positioned in the fifth place, beer and wine products
producer Lion Nathan was at the seventh position. The New Zealand
Refining Company was ranked ninth and TrustPower and British American
Tobacco Berhad stood at the 11th and 12th positions, respectively.
In the global top 25 firms list, there were three Indian companies --
ICICI Bank, Hindustan Unilever and Infosys Technologies. Regarding the
decent presence of Indian firms, Ajay Soni, Hewitt Associates Talent
and Organisation Consulting (Business Leader) said, "It comes as no
surprise that Indian firms have a good presence in these lists. These
companies are well-positioned for growth despite the economic
challenges."
In the global list, ICICI Bank was on the fifth spot, Hindustan
Unilever stood at the 10th spot, while Infosys have made a space for
itself on the 24th slot. The global top 25 list was topped by
technology giant IBM, followed by Proctor & Gamble, while General
Mills and McKinsey cornered the third and fourth positions,
respectively.
The others in the list include fast-food chain McDonald's (sixth),
US-based conglomerate General Electric (seventh), Titan Cement (eighth)
and China Mobile (ninth), Colgate Palmolive (12th), Whirlpool
Corporation (15th), Pepsico (20th), American Express (21st), Intel
Corporation (23rd) and FedEx Corporation (25th).
The survey said that ICICI Bank doesn't just have recruiters trolling
for talent outside the company; it also has 600 employees who act as
talent scouts internally, identifying coworkers with leadership
potential.
Hindustan Unilever, which has 15,000 employees, calls it a '70-20-10'
model for developing its workforce that is 70 percent of learning
happens on the job, 20 percent through mentoring, and 10 percent
through training and coursework.
"Indian companies come with a mix of cutting edge leadership practices,
innovative procedures and the zest to create a robust leadership
pipeline," said Soni.
Posted By : Amit Paliwal
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