ICICI, Infosys among top firms for nourishing talent
By
siliconindia news bureau
| Sunday,22 November 2009, 18:17 hrs
|
New Delhi: Five Indian companies, including ICICI Bank and Infosys Technologies, have made it to the list of top 12 companies in the Asia Pacific region for being instrumental in nurturing talent within their organization.
According to the list compiled by HR consulting firm Hewitt in partnership with RBL Group and U.S. magazine Fortune, ICICI Bank emerged at the top, followed by China Mobile Communications Corp and TCL Corp, a China-based electronics goods maker.

The Indian arm of global FMCG major Unilever, Hindustan Unilever, was ranked at the fourth spot, Aditya Birla Group was at the sixth spot, Infosys Tech was ranked eighth and another IT major Wipro cornered the 10th slot. Among others on the list, agricultural products firm Olam International was positioned in the fifth place, beer and wine products producer Lion Nathan was at the seventh position. The New Zealand Refining Company was ranked ninth and TrustPower and British American Tobacco Berhad stood at the 11th and 12th positions, respectively.
In the global top 25 firms list, there were three Indian companies -- ICICI Bank, Hindustan Unilever and Infosys Technologies. Regarding the decent presence of Indian firms, Ajay Soni, Hewitt Associates Talent and Organisation Consulting (Business Leader) said, "It comes as no surprise that Indian firms have a good presence in these lists. These companies are well-positioned for growth despite the economic challenges."
In the global list, ICICI Bank was on the fifth spot, Hindustan Unilever stood at the 10th spot, while Infosys have made a space for itself on the 24th slot. The global top 25 list was topped by technology giant IBM, followed by Proctor & Gamble, while General Mills and McKinsey cornered the third and fourth positions, respectively.
The others in the list include fast-food chain McDonald's (sixth), US-based conglomerate General Electric (seventh), Titan Cement (eighth) and China Mobile (ninth), Colgate Palmolive (12th), Whirlpool Corporation (15th), Pepsico (20th), American Express (21st), Intel Corporation (23rd) and FedEx Corporation (25th).
The survey said that ICICI Bank doesn't just have recruiters trolling for talent outside the company; it also has 600 employees who act as talent scouts internally, identifying coworkers with leadership potential.
Hindustan Unilever, which has 15,000 employees, calls it a '70-20-10' model for developing its workforce that is 70 percent of learning happens on the job, 20 percent through mentoring, and 10 percent through training and coursework.
"Indian companies come with a mix of cutting edge leadership practices, innovative procedures and the zest to create a robust leadership pipeline," said Soni.
According to the list compiled by HR consulting firm Hewitt in partnership with RBL Group and U.S. magazine Fortune, ICICI Bank emerged at the top, followed by China Mobile Communications Corp and TCL Corp, a China-based electronics goods maker.

The Indian arm of global FMCG major Unilever, Hindustan Unilever, was ranked at the fourth spot, Aditya Birla Group was at the sixth spot, Infosys Tech was ranked eighth and another IT major Wipro cornered the 10th slot. Among others on the list, agricultural products firm Olam International was positioned in the fifth place, beer and wine products producer Lion Nathan was at the seventh position. The New Zealand Refining Company was ranked ninth and TrustPower and British American Tobacco Berhad stood at the 11th and 12th positions, respectively.
In the global top 25 firms list, there were three Indian companies -- ICICI Bank, Hindustan Unilever and Infosys Technologies. Regarding the decent presence of Indian firms, Ajay Soni, Hewitt Associates Talent and Organisation Consulting (Business Leader) said, "It comes as no surprise that Indian firms have a good presence in these lists. These companies are well-positioned for growth despite the economic challenges."
In the global list, ICICI Bank was on the fifth spot, Hindustan Unilever stood at the 10th spot, while Infosys have made a space for itself on the 24th slot. The global top 25 list was topped by technology giant IBM, followed by Proctor & Gamble, while General Mills and McKinsey cornered the third and fourth positions, respectively.
The others in the list include fast-food chain McDonald's (sixth), US-based conglomerate General Electric (seventh), Titan Cement (eighth) and China Mobile (ninth), Colgate Palmolive (12th), Whirlpool Corporation (15th), Pepsico (20th), American Express (21st), Intel Corporation (23rd) and FedEx Corporation (25th).
The survey said that ICICI Bank doesn't just have recruiters trolling for talent outside the company; it also has 600 employees who act as talent scouts internally, identifying coworkers with leadership potential.
Hindustan Unilever, which has 15,000 employees, calls it a '70-20-10' model for developing its workforce that is 70 percent of learning happens on the job, 20 percent through mentoring, and 10 percent through training and coursework.
"Indian companies come with a mix of cutting edge leadership practices, innovative procedures and the zest to create a robust leadership pipeline," said Soni.
Reader's comments (7)
1: icici bank most corrupt bank ....see urself
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Posted by: icici duped me - 16 Dec, 2009
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Posted by: icici duped me - 16 Dec, 2009
3: Brilliant on part of ICICI Bank and Infosys
Technologies to be among the list of top 12
companies in the Asia Pacific region.
Posted by: Akash - 22 Nov, 2009

4:They are top just on the papers, but if you
try to know reality, nothing seems to be like
this.
maitrik replied to: Akash
post - 22 Nov, 2009
post - 22 Nov, 2009

5: I am an ex-employee of Infosys and I can
vouch for the company. It has one of the best
training facilities in the world and I am
saying this as someone who has traveled a
bit.
Nikhil replied to: maitrik
post - 22 Nov, 2009
post - 22 Nov, 2009

6: merely taking technicians and training them
for some run of the mill jobs does not prove
anything ..and by the way, even i am ex infy
employee.what these ppl do is that they bring
the basic intelligence of the ppl who they
will hire to the lowest common
denominator..the more mediocre a person is,
more chances are of his getting in infy..such
ppl only eye to become TL,PM setting a
deadline of 3 days doing anything to get CRR
1 in infy...wasting their weekends n extra
time in office which actually causes company
to lose its electricity bills, making others
to sit unnecessarily in the name of teams,
chit chatting in the coffee zone for 1
hours,asking personal questions more fromthe
subordiantes and then judging ppl on these
question..do u call it work ethic? thats why,
still in india ppl have not acquired
proffessionalism..
peterparker replied to: Nikhil
post - 23 Nov, 2009
post - 23 Nov, 2009

7: I have been working in banking for 17-18
years, in India and abroad. Have seen ICICI
from a competitor's view and Infy from
service user's standpoint. They have good
reputation in the market within the investor
as well as head hunter communities. There is
not much doubt about their credential on
these fronts therefore. There will always be
contrarian views but largely they deserve to
be where they have been placed in the study.
Debashis replied to: peterparker
post - 23 Nov, 2009
post - 23 Nov, 2009
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