New York: Indian private sector lender ICICI
Bank and global consumer goods giant Unilever's India-based
subsidiary have been named in a list of world's 10 best
companies for leaders.
The list, compiled by business magazine Fortune, is
topped by global technology giant IBM. Proctor & Gamble has
been ranked second, followed by General Mills and McKinsey at
third and fourth position respectively.
Fortune said the list has been compiled by ranking the
most successful businesses that are the best at developing
employee talent.
With a revenue of USD 7.4 billion and 36,335 employees,
ICICI Bank has been ranked at the fifth position. Hindustan
Unilever, the Indian arm of Unilever, has been ranked 10th.
About ICICI Bank the magazine said, "ICICI doesn't just
have recruiters trolling for talent outside of the company; it
also has 600 employees who act as talent scouts internally,
identifying coworkers with leadership potential."
The internal recruiters tap 5,000 candidates a year,
adding that these trainees are the only employees who get
company stock options, the magazine said.
Hindustan Unilever, which has 15,000 employees, likes to
think of itself as a talent factory. And with more than 1,000
alumni sitting on boards globally, it can certainly make a
strong case for that, the magazine said.
The other companies in the list are fast-food chain
McDonald's (sixth), US-based conglomerate General Electric
(seventh), Titan Cement (eighth) and China Mobile
Communications Corp (ninth).
About the IBM, the magazine said, "Where the average
company might offer several hundred employees an international
opportunity for two or three years, IBM gives "mobility
assignments" to thousands for three to six months."
Diversified conglomerate Procter & Gamble, which has
ranked at second place has a strength of 1,35,000 people and
had revenue of USD 79 billion.
PTI
First Published: Friday, November 20, 2009, 21:48