In a study released by Fortune magazine, IBM has been recognized as the No. 1 Global Company for Leaders.
A panel of independent judges selects and ranks winning companies based on numerous criteria, including strength of leadership practices and culture, examples of leader development on a global scale, impact of leadership in communities, in which they operate, and overall business performance and company reputation.
The study is generally regarded as one of the most comprehensive analyses of organisational leadership in the world. IBM was one of the 537 organisations under consideration in the study.
In the report, the survey partners noted that an important distinguishing characteristic that set global top companies like IBM apart from their peers was that even during the economic downturn, top companies remained committed to building leadership capability within their organisations.
Bob Gandossy, global practice leader of the Leadership Consulting practice at Hewitt Associates that partners with Fortune and others to conduct the leadership analysis, said, "Through our research, it s clear that global top companies such as IBM do not abandon key leadership and talent efforts in favour of short-term goals . This mindset is not only what sets global top companies apart from the rest, it s what differentiates successful businesses from unsuccessful ones."
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