May 22, 2016
Best Companies for Leaders: With about 75 million baby boomers set to retire within the decade, the need for grooming future leaders has never been more urgent for U.S. companies. A new study, conducted by HR consultancy Hay Group of Philadelphia and Chief Executive magazine, found that U.S. multinationals are leading the way. In compiling the 2006 Best Companies for Leaders list, Hay Group surveyed 564 companies from around the world that posted at least $8 billion in revenue. The top five companies were all American: General Electric Co., Proctor & Gamble, PepsiCo, Citigroup and Johnson & Johnson. The top-ranked U.K. company was financial services behemoth HSBC, with BASF of Holland ranked the highest continental European firm.