Best Practices in Talent Management: How the World's Leading Corporations Manage, Develop, and Retain Top Talent

RESULTS

The Talent Pipeline strategy has proven successful for Ecolab. In 2008, Ecolab reported net sales of over $6.1 billion, a 265 percent increase over 2001 sales revenue. Ecolab’s pipeline approach—emphasizing clarity about the skills needed for success at each level, a focus on development, and the active management of high-potential talent—has been implemented worldwide. Ecolab’s top two tiers of executive-level leaders are fully in place and setting new performance standards. Their pool of ready-now business manager candidates has increased three-fold. Ecolab has identified and developed record numbers of high-potential leaders who are ready to assume greater leadership responsibilities, and nearly all of them are in developmental ...