Ecolab ranked 16 among the top 40 global companies that demonstrate excellence in leadership development, according to a survey conducted by Chief Executive magazine. The results were reported in its November/December 2015 issue.
The annual ranking of the magazine’s “Best Companies for Leaders” is conducted in partnership with GrowthPlay, a sales and leadership research and consulting firm that surveys leading organizations around the globe. Rankings are then determined by companies’ scores based on the following five criteria:
• Having a formal leadership process in place
• CEO commitment to leadership development, as measured by the percent of personal time spent in related activities
• Depth of the leadership “funnel,” as measured by the percentage of management positions filled by internal candidates
• The number of companies that report recruiting from the company
• The 10-year growth or decline of the company’s market capitalization – an indication of the company’s shareholder value
Read the full story at Chief Executive magazine.
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