Nokia heads list of leadership giants in global business

Finnish mobile phone giant Nokia has been named as the top company in Europe for developing leaders.

The Top Companies for Leaders in Europe list selected and ranked companies based on criteria including leadership practices, company reputation, leadership culture and values, and business performance.

Europe’s top 10 companies for developing leaders

  1. Nokia
  2. BBVA
  3. Inditex
  4. GlaxoSmithKline
  5. L’Oreal
  6. Randstad Holding
  7. Deutsche Lufthansa
  8. UBS
  9. SAP
  10. BMW

The European list is part of a global study in which more than 540 companies around the world participated. It is sponsored by human resources services company Hewitt Associates, the RBL Group business consultancy and Fortune magazine.

Among the leading companies, Hewitt found one overarching characteristic that set them apart from the rest – they all make leadership a critical part of their company’s ‘DNA’.

Mark Hoyal, leader of Hewitt Associates’ European Leadership consulting practice said: “In this increasingly complex and global marketplace, companies must build leadership practices that have consistency throughout the world if they want to be successful.

“By having the right leadership practices and processes in place, maintaining a strict focus on critical talent at all levels, and having a continuous desire to improve, top companies have cultures that cultivate and nurture their talent, and a reputation for doing it well.”

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