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10. Hindustan Unilever
Hindustan Unilever
Nitin Paranjpe, CEO of Hindustan Unilever
Headquarters: Mumbai
Revenue: $4.4 billion**
Employees: 15,000
CEO: Nitin Paranjpe

This consumer goods company likes to think of itself as a talent factory. And with more than 1,000 alumni sitting on boards globally, it can certainly make a strong case for that.

The company uses what it calls a "70-20-10" model for developing its workforce: 70% of learning happens on the job, 20% through mentoring, and 10% through training and coursework.

That's why employees go through a job rotation roughly every three years, bosses are measured on how well they coach their direct reports, and all employees take about a week's worth of leadership training and four e-learning courses every year.

The company says that senior management spends 30% to 40% of its time grooming leaders.

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Last updated November 19 2009: 12:36 PM ET
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**Revenue for 15-month period from January 2008 through March 2009 due to change in accounting year.
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