"We’ve invested heavily in development programs at all levels of our organization. These global investments are critical to building market-leading businesses that meet the needs of our customers, shareholders, and employees alike."
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning has been recognized as a global leader in leadership
development, according to an annual
ranking from Chief Executive magazine. Owens Corning ranked 11th
on the “2016 Best Companies for Leaders” list, which consists of 40
public companies in all.
“Owens Corning is honored with the recognition from Chief Executive for
our leadership development efforts,” said Dan Smith, senior vice
president of Organization and Administration. “We’ve invested heavily in
development programs at all levels of our organization. These global
investments are critical to building market-leading businesses that meet
the needs of our customers, shareholders, and employees alike.”
Each year since 2005, Chief Executive and GrowthPlay, a sales and
leadership research and consulting firm, has reached out to world-class
companies through a questionnaire and interviews to learn what they are
doing to identify and nurture people three or more levels from the CEO.
Criteria for the Best Companies for Leaders ranking include:
Having a formal leadership process in place
Commitment of the CEO to leadership development measured by the
percent of time invested
Depth of the leadership bench as measured by the percent of senior
management positions, as well as middle management positions, filled
by internal candidates
Number of other companies that report recruiting from the company
Shareholder value performance
“We made a concerted effort starting in 2011 to really invest more time,
energy and dollars in our leadership programs,” added Suzann Trevisan,
vice president, HR Centers of Excellence. “And we continue to invest in
this area to help leaders connect, collaborate, ideate, experiment,
execute and drive results for our customers, shareholders and employees.
For our company’s growth and success to continue, so must our commitment
to leadership development.”
Key leadership development programs at Owens Corning have produced high
levels of retention and promotion. The company’s top leadership ranks
are filled largely with the “graduates” of these programs. Similarly, a
high – and growing – percentage of middle and senior leadership
positions are filled by leaders advancing their Owens Corning careers.
About Owens Corning
Corning (NYSE: OC) develops, manufactures and markets insulation,
roofing and fiberglass composites. These products and systems save
energy and improve comfort in commercial and residential buildings, and
– through glass reinforcements – make thousands of products lighter,
stronger and more durable. Based in Toledo, Ohio, Owens Corning posted
2014 sales of $5.3 billion and employs about 15,000 people in 26
countries. It has been a Fortune 500® company for 61 consecutive years.