Executive Team Development

Consider the following extraordinary results from high performing companies that have been able to tap higher levels of discretionary effort. They have seen the value of executive team development. The following excerpt from the Hewitt Associates study on leadership makes a strong case for the executive team and leadership development.

A great business leader can focus employees on business goals, build highly effective teams and drive organizational performance. Yet, only a handful of companies know how to produce world-class leaders who are vital to sustained success. A Hewitt Associates study, "Top 20 Companies for Leaders," identifies these companies and reveals the programs and practices that drive their success in leadership development.

1. IBM
2. Microsoft
3. General Electric
4. The Home Depot
5. Dell Computer
6. FedEx
7. Pfizer
8. Colgate-Palmolive
9. Philip Morris USA
10. Johnson Controls
11. BP
12. Honeywell
13. SYSCO
14. Centex
15. Intel
16. Citigroup
17. Target
18. Southwest Airlines
19. Verizon
20. Sun Microsystems

Not surprisingly, the top 20 companies have formal leadership programs.

In companies where the CEO actively reviews top talent, shareholders see a 22% return over three years, compared to a negative 4% return in companies where the CEO isn’t involved (Hewitt Magazine, Volume 5, Issue 3).

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