Hewitt survey: Indian companies break into global leadership list

21 Sep 2007

1

Mumbai: Four Indian companies figure this year on the global list of Top Companies for Leaders-2007, a survey conducted by Hewitt Associates in partnership with The RBL Group and Fortune Magazine. These companies include Hindustan Unilever (4), Infosys (10), ICICI Bank (19) and Wipro (20).

According to Hewitt Associates the survey covered 548 organisations in 41 countries. Interestingly almost 20 per cent of companies in the global list come from India, which provides it with the second highest representation on the list after the US. This is heightened in the Asia Pacific ranking, where the percentage of representation of Indian companies goes up to 50 per cent of the list.

Even as Asian economies, those of China and India in particular, grow at a scorching pace, leadership development issues are a matter of huge concern for Asian companies. According to the survey, however, there is enough awareness amongst Asian organisations that they are faced with a "pressing challenge."

"Almost 60 per cent of the 550-odd organisations surveyed said lack of sufficient leadership talent is the most pressing challenge for the next three-five years," Hewitt India''s Ajay Soni said.

The survey says that firms are beginning to pay serious attention to the leadership development process, with the board and CEO of top rated organisations taking special interest in grooming leadership within the organisation.

Latest articles

Ukraine-Russia peace talks enter second day in Geneva amid pressure concerns

Ukraine-Russia peace talks enter second day in Geneva amid pressure concerns

India asks university to exit AI summit after robot’s origin questioned

India asks university to exit AI summit after robot’s origin questioned

Redmond’s global reach: Microsoft on pace for $50 billion AI investment in the Global South

Redmond’s global reach: Microsoft on pace for $50 billion AI investment in the Global South

Data centres explore funding uranium projects as AI power demand surges, says NexGen CEO

Data centres explore funding uranium projects as AI power demand surges, says NexGen CEO

Nvidia signs multiyear AI chip supply agreement with Meta amid sustained infrastructure demand

Nvidia signs multiyear AI chip supply agreement with Meta amid sustained infrastructure demand

Spain approves $8 billion aid package for storm-hit regions as floods damage homes and crops

Spain approves $8 billion aid package for storm-hit regions as floods damage homes and crops

Warner Bros rejects revised Paramount bid, sets deadline for improved offer amid Netflix deal

Warner Bros rejects revised Paramount bid, sets deadline for improved offer amid Netflix deal

EU opens probe into Shein over illegal products and app design

EU opens probe into Shein over illegal products and app design

India’s Great Nicobar project clears key hurdle, positioning Bay of Bengal as strategic trade hub

India’s Great Nicobar project clears key hurdle, positioning Bay of Bengal as strategic trade hub