Deere & Company has been named to Fortune Magazine’s 2009 list of Global Top Companies for Leaders, which ranks Deere 14th globally and eighth in North America among companies around the world.
The recognition is based on criteria that includes strength of leadership practices and culture, examples of leader development on a global scale, impact of leadership in communities in which it operates, business performance, and company reputation.
The Global Top Companies for Leaders study has been completed annually since 2002. This year’s ranking is the highest ever for Deere & Company and the first time for Deere in the prestigious Top 25. The rankings are based on a review of the company by an expert panel in what is considered the most comprehensive global study of organizational leadership.
The study is conducted by Hewitt Associates, a global consulting and outsourcing company, in partnership with The RBL Group, a strategic HR and leadership systems advisory firm. Hewitt compared the Global Top Companies with 510 other companies around the world, reporting that companies in the Top 25 remained committed to building leadership capability even in a bad economy – a distinguishing factor for those organizations selected.
Bob Gandossy, global leader of Hewitt’s Leadership Consulting practice said, “All global companies today are facing a number of complex business and economic challenges. Through our research, it’s clear that Global Top Companies such as Deere & Company do not abandon key leadership and talent efforts in favor of short-term goals. Leaders at these organizations are passionate and committed.”
Source: Deere & Company