If you want to make your company more innovative, focus on developing better leaders. That is a key finding of a new study by the Hay Group, a talent management consulting firm, that identified the best-managed US companies for 2011.

Collaboration and innovation go hand-in-hand, study says

May 7, 2012

If you want to make your company more innovative, focus on developing better leaders.

That is a key finding of a new study by the Hay Group, a talent management consulting firm, that identified the best-managed U.S. companies for 2011.

The top 20 highest-rated companies for leadership development included corporate stalwarts such as General Electric (GE), Procter & Gamble (PG), IBM (IBM) and Microsoft (MSFT). One common ingredient — these businesses all place a premium their leaders emphasizing flexibility, customers, new ideas, and collaboration. It is in this last category where leaders show their stuff because as the study concludes, “collaboration is the process that brings [people and resources] together.”