If We Knew How Good
This was Going to Be
Hindustan Unilever (HUL) -
The Leadership Incubators
At last count, India's largest fast moving consumer goods
company has given over 500 CEOs to corporates across
the world. Hindustan Unilever also repeatedly features
amongst the most respected and most innovative
companies, nationally and internationally.
HUL believes in 'starting early' with its flagship
global management trainee program, Unilever Future
Leadership Program (UFLP). A majority of the company's
senior leaders emerge from this program centered on
the 'Leaders Build Leaders' philosophy. It is a 15-month
program that blends the formal learning component
with functional rotational schemes, coaching, on-the-job
development followed by assessment. It is no surprise
then, that HUL is often called the 'best school for CEOs'.
Another philosophy adding to their compelling
employer brand is that 'sustainable, equitable growth
is the only acceptable business model'. This strategy,
embodied in the Unilever Sustainable Living Plan (USLP)
aspires for HUL's brands and services to reach and inspire
people across the world, helping it double the size of its
business whilst reducing its environmental footprint and
increasing its positive social impact.
BP Bidappa, Director, HR, says "We want people to
bring their individual dimension into their jobs, sync
people's motivations with what they are doing." And
that's what has kept them amongst the Top Companies for
Leaders through the years.
"Our business revolves around
great brand and great
people. And great brands
are built by great people."
- Sanjiv Mehta, CEO, HUL
ICICI - Betting on
Talent at Every Step
India's largest private bank has made empowering
talent at an early age a cornerstone of its leadership
development philosophy. Their leaders attribute the
bank's success to its appetite for risk-taking - "Identifying
people with leadership potential early and entrusting
them with challenging jobs ahead of time" says Chanda
Kochhar, MD, ICICI Bank. "The biggest contributor to my
development was that the organization always gave me
new opportunities, and I used each of them to learn."
The bank has invested in a culture of grooming and
nurturing talent across every level through various
signature development initiatives like the Leadership
Mentoring Program and the Young Leaders Program.
The former has elements of 'group mentoring' where
the seniors as well as the peer group comes together
to mentor the individual. The latter gives select
employees the opportunity to procure an MBA degree
in collaboration with Narsee Monjee Institute of
Management Studies.
Offering a large spectrum of experiences across the
bank as well as other ICICI entities is another strong
pillar of ICICI's leadership strategy. It believes in creating
leaders with cross-functional experience and exposure
to diverse perspectives as against only domain expertise.
And what would be a better example of this than Ms.
Kochhar herself who began as a management trainee
and has moved through project finance, corporate
banking and retail banking in the span of her career.
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