Top 20 Companies for Leaders & their Best Practices
In the December 2006 issue of Chief Executive Magazine, they list the results of a survey ranking the Top 20 Companies for Leaders and also their Best Practices. When I took a look at the list I have to admit I was surprised. I never would have listed some of them. I will not mention names but many of you I am sure agree. Take a look:
Some of the companies listed are behemoths, therefore some of their divisions or subsidiaries would qualify but not the whole conglomerate. The results were tallied by interviewing the HR Depts, Academics, and peer companies. One problem...they forgot to ask the legions of Dilberts that work at these companies what they think.
Further if they did query the rank and file (including mid-level managers) they needed a evenly proportioned survey of every major division/subsidiary. It does not appear that this was done. That is not to say that GE and P&G do not merit the accolades. To the contrary they are tops and deserve it but I do not think the survey took an equal number of stats from NBC (a GE company) and GE Plastics or GE Capital.
Although I must say that the Best Practices from these organizations; does paint the picture of progressiveness and a winning formula:
So what is the bottom-line? According to the magazine a “five-to-one to a 20-to one return on investment”. How accurate are these numbers? I do not know but these companies are singing their the way to the bank.
I would love to hear your comments.
Tuesday, December 19, 2006
