Wednesday, February 09, 2011

What Do the Best Companies Have That You Don't Have?

I read an interesting page on the Hay Group's site. Here's what the Hay Group says about the "best" companies -- companies that can "surface, identify, and use great ideas."

90% of the Best Companies expect employees to lead, regardless if they have a formal position of authority.

All of the Best Companies manage a pool of successors for mission-critical roles.

90% of the Best collect leadership development best practices from subsidiaries and share them

Cultural diversity means 95% of the Best can respond to the challenges of competing in a global economy

95% of the Best Companies have a ‘family friendly’ corporate culture to support employees raising children.

100% of the Best have programs to develop leaders who can bring together resources across the organization

The Best give all employees the opportunity to develop and practice the capabilities needed to lead.

100% of the Best pay male and female employees the same rate.

95% of the Best Companies have programs to help expats deal with the local culture.

100% of the Best get local leaders to participate in decisions made at HQ to share ideas and best practices

For more information about the Hay Group, click here.


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