HUL ranked sixth in Global Top Companies For Leaders List
Hindustan Unilever Limited ranked sixth in the list of ‘Top Companies for Leaders 2011 Study Results’ announced by Aon Hewitt, The RBL Group and Fortune.
HUL is the only Indian company that has been ranked in the ‘global top 10’ consistently since the ‘Top Companies for Leaders’ global survey was first launched in 2007. HUL has improved its ranking in the 2011 study to sixth position globally compared to 2009 when it was ranked 10th globally.
Another interesting aspect of the 2011 study is that five of the top 25 global winners are Indian firms. A Fortune article announcing the results states, “Indian companies, for example, tend to stress their leadership role in society, which explains why rising leaders at Hindustan Unilever and Wipro (No. 23) devote significant resources to building hospitals and schools in Indian communities.”
Fortune while referring to how the ‘top ranking’ companies go beyond the call of duty when it comes to leadership development cites the example of HUL’s well established tradition of sending young executives out to live in Indian villages so that they can understand the needs of impoverished rural consumers.
When comparing the Global Top Companies for Leaders to more than 470 companies worldwide, the study identified a strong connection between business strategy and leadership strategy. All of the Global Top Companies have articulated a clear business case for investing in leadership as a strategic imperative.
The Top Companies for Leaders study is conducted by Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation, in partnership with The RBL Group, a strategic HR and leadership advisory firm, and FORTUNE Magazine. Aon Hewitt, in partnership with RBL Group, started by surveying HR executives at 478 companies worldwide about their leadership development programs. Aon Hewitt then interviewed executives at 182 global finalists, drilling into their leadership strategy, succession planning, techniques for identifying high-potential junior employees, and much more. A panel of distinguished judges, including authors, academics, and journalists, then gathered to select the regional and global winners based on 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.
Hindustan Unilever Limited,
B. D. Sawant Marg,
Chakala, Andheri (E),
Mumbai - 400 099.
T: +91 22 39830000
F: +91 22 22871970