Prominent Survey Picks GE as Top Global Company for Leaders

African Leadership Academy (ALA) identifies young leaders from across Africa and enables them to practice and develop leadership through a hands-on and unique entrepreneurial leadership program at its Johannesburg campus in South Africa. GE believes in ALA’s mission and has partnered with the Academy to enable students from Ethiopia, Mozambique, Tanzania and the very first students admitted from Angola, attend the Academy. With over 85% of the students at ALA being from poor backgrounds and on full scholarships, GE’s support is critical in enabling these students to attend the academy. In addition to empowering young leaders to shape Africa’s future, GE’s partnership with ALA also supports GE’s drive to develop local African talent.
12 November 2014
Content from a Premium Partner
GE Africa (Lagos)
press release

Aon Hewitt, the global human resources and consulting company, ranked GE first on its annual Global Aon Hewitt Top Companies for Leaders list. In 2011, the last time the company ran the survey, GE finished in 11th place.

Since Aon Hewitt launched the list in 2001, it has become the most comprehensive global leadership survey, analyzing links between leadership and financial performance.

The companies on the 2014 list were ranked by a panel of independent judges based on a number of criteria, including strength of leadership practices and culture, examples of leader development on a global scale, alignment of business and leadership strategy, company reputation, and business and financial performance.

The Aon Hewitt ranking is the latest in a string of recent honors received by GE. LinkedIn put the company on its World's 100 Most InDemand Employers list, and it was also one of the Hay Group's Best Companies for Leadership.

"We are immensely proud to be ranked first on the Aon Hewitt list," said Raghu Krishnamoorthy, vice president for executive development and GE's chief learning officer. "This global recognition affirms the strength of the GE leadership philosophy, which holds that when one person grows we all grow, and together, we all rise. We believe every GE employee is a leader. Every employee therefore has a hand in this accomplishment, and should feel a deep sense of pride."

GE invests $1 billion in employee development every year and the company says that building leadership has been integral to its culture since it was founded 130 years ago. GE's top leaders spend a third of their time on leadership development and the company's "corporate university" in Crotonville, N.Y. (top image and above), has become a global hub for developing new thinking about leadership, strategy, innovation and global performance.

For example, the company recently embraced a new set of leadership and performance initiatives, including simplification, FastWorks and the GE Beliefs.

The Beliefs are a set of principles like accountability and autonomy designed to change employee and management mindset and make everyone "focus on delivering results to customers, who determine GE's success," says Jeff Immelt, GE Chairman and CEO. "That's the only way we can move fast and grow at scale and at a lower cost. When we win, we win together."

Tagged:
Copyright © 2014 GE Africa. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.