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TrustPower Annual Report 2008

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Top Companies

TrustPower was named in the exclusive group of country winners and was the only New Zealand company to make the winners’ list.

In 2007 Hewitt Associates, The RBL Group and FORTUNE magazine undertook Top Companies for Leaders, the world’s most comprehensive global leadership study.

The study examined how organisations choose and develop leaders, and sought to validate the correlation between leadership practices and financial results.

Initially, global research identified a group of more than 530 companies throughout the world, which shared key attributes in their approach to leadership that set them apart from others.

Hewitt Associates then assembled a diverse judging panel of six distinguished experts, acknowledged internationally as leaders in the areas of leadership and business, to further assess those companies. Judging criteria included leadership practices, company reputation, leadership culture and values, corporate social responsibility and business performance.

The judges sought to identify twenty Global winners, ten Asia Pacific Regional winners, and two Country level winners each for Australia and New Zealand.

Representatives from Hewitt Associates visited TrustPower, the only New Zealand finalist, conducting a series of interviews and collecting evidence to confirm leadership practices.

The study confirmed that by having the right leadership practices and processes in place, maintaining a strict focus on critical talent at all levels, and having a continuous desire to improve, Top Companies cultivate and nurture their talent, earn a reputation for doing it well, and improve their performance.

In October 2007, TrustPower was named in the exclusive group of country winners. While two Australian companies were recognised, TrustPower was the only New Zealand Company to make the winners’ list.

It was extraordinary for TrustPower to receive acknowledgement in such a significant survey encompassing world-class organisations, and the entire TrustPower team are justifiably proud of this achievement.

Copyright © 2008 TrustPower Limited.