Espoo, Finland
Revenue1: $51.6 billion
No. of employees: 68,500
CEO: Olli-Pekka Kallasvuo
Create a Mentoring Mentality. Developing the next wave of cutting-edge cellphones means thinking about what consumers will hanker for years from now. But when it comes to grooming talent, Nokia uses an age-old method: mentoring. The company's 12 executive board members meet four to five times with protégés at the VP and director levels during a six-month program. After that, mentees apply the lessons they learn to plans for their personal development. And for Nokia's top 200 executives, part of their evaluation depends on how subordinates rate their ability to lead, teach, and inspire.
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See Global 500 data for Nokia
12006 revenue in U.S. dollars.
Sources: Hewitt Associates and The RBL Group
Sources: Hewitt Associates and The RBL Group
