Magazine has named P&G the best overall company for leadership
development in its list of the “40 Best Companies for Leaders,” a feature in
its January/February 2012 issue. This is the second
time we’ve received this award in the seven years this ranking has
looks at a variety of criteria when choosing a best company: the existence of a
formal development program; the amount of time a CEO is involved; the
percentage of leaders recruited internally; the strength of its recruiting
program and the caliber of talent; and the long-term growth of market
capitalization. P&G excelled in these areas, and the details of this
recognition are included in this story.
In addition to this recognition, in November P&G once
again earned a top spot on Fortune Magazine’s list of Global Top
Companies for Leaders. P&G has been in the top three for the past three
years, and P&G has been in the top 10 for all five years we’ve participated
in the study.
For Fortune’s list, an expert panel of independent
judges selected and ranked winners based on criteria including strength of
leadership practices and culture, examples of leader development on a global
scale, impact of leadership in communities in which companies operate, business
performance and company reputation. Companies that made the list also demonstrated
an ability to focus on talent and developing leaders in a manner that is
aligned with business goals. To see Fortune’s full story, click here.
These are just two of several recognitions P&G has
received recently; others include:
World’s Most Admired Companies – Fortune
World’s Most Respected Companies – Barron’s
The World’s Most Attractive Employers
Top MBA Employers – Fortune
Top Companies for Executive Women – National
Association for Executive Women
Top Companies for Recruitment and
Retention – Diversity, Inc.
Best Place to Work – Glassdoor.com
Very few companies receive such highly consistent
recognition for their leadership development efforts. P&G’s approach to
leadership development is unique and is consistently recognized as among the
very best, because:
1. Leadership development is a business strategy at P&G.
2. We build from within, and therefore, invest in getting the best talent at entry level.
3. We identify a global, diverse mix of talent and develop them through early responsibility and challenging assignments.
4. We leverage the scale of our organization structure to provide opportunities for leaders to grow by increasing their breadth of experience and depth of expertise -- across categories, geographies, functions and markets.
5. We use end-to-end integrated people and career development systems and a proven approach to develop employees through experiences, on-the-job training and coaching.
6. We expect maangers to build the organization in addition to building the business, so leaders at every level actively recruit, teach, mentor and coach.
7. We nurture a culture that fosters employee development, while enabling employees to be responsible for their own continual learning and personal growth.
Each of these capabilities honors and further strengthens
P&G’s competitive position as an Employer of Choice. These reflect not only
the quality of P&G’s leadership development programs, but also the caliber
of P&G people at every level and in every part of our organization.