This story ran in PEPline, PepsiCo’s global employee newsletter, and is proudly brought to you by a PepsiCo employee or a friend or family member of a PepsiCo employee.
PepsiCo once again made Chief Executive magazine’s list of “Best Companies for Leaders”. PepsiCo is No. 7 on the ranking, published Jan. 12, moving up from the No. 17 position it achieved on the magazine’s 2010 ranking.
The ranking is a benchmark for leadership development and talent management. It is based on a study of approximately 1,000 firms globally, conducted in partnership with the management consultant firm Chally Group Worldwide.
Criteria against which companies are evaluated include the quality of leadership development processes; the depth of the leadership pipeline as measured by the percentage of senior management positions filled by internal candidates; and the level of involvement in leadership development by the CEO.
The high level of personal involvement in leadership development by PepsiCo Chairman and CEO Indra Nooyi was cited by the magazine on its website as one of the reasons for PepsiCo’s rise in the ranking.
This recognition for being a top company for leadership development is one of several received by PepsiCo in recent years. In November, PepsiCo was No. 10 on the “Top Global Companies for Leaders” ranking published in Fortune Magazine and on CNNMoney.com. That list is part of a study conducted by Aon Hewitt in partnership with The RBL Group and Fortune. PepsiCo also was recognized by the Hay Group for being one of the “Best Companies for Leadership” in 2011, ranking No. 13 on that list.
“Our rise in these rankings affirms the progress we are making in leadership and talent development,” says David Henderson, senior vice president, HR and Chief Talent Development Officer – PepsiCo. “The company-wide talent management systems and processes we have put in place are proving highly effective in helping us develop the talent we need at the global, regional and local levels to drive sustainable financial and operating performance.”
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