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TrustPower Features in Top Companies For Leaders

TrustPower Features in Top Companies For Leaders Asia Pacific

TrustPower Named as One of the Top Companies for Leaders in Asia Pacific by Hewitt Associates, The RBL Group and Fortune Tauranga, NEW ZEALAND - TrustPower has been named in the 2009 list of Top Companies for Leaders in Asia Pacific. Conducted by Hewitt Associates, a global consulting and outsourcing company, in partnership with The RBL Group, a strategic HR and leadership systems advisory firm, and Fortune, the Global Top Companies for Leaders is the most comprehensive study of organisational leadership in the world.

When comparing the Top Companies with more than 500 other companies around the world, Hewitt identified one distinguishing characteristic that sets them apart from their peers-even during the economic downturn, Top Companies remained committed to building leadership capability within their organisations. In other words, tighter budgets and fewer resources forced these organisations to think and act smarter and more creatively about what really mattered when it came to leadership-but they didn't lose focus.

2009 Top Companies for Leaders in Asia Pacific:

TrustPower Limited is a publicly listed electricity retailer and generator that provides power to almost a quarter of a million customers in New Zealand. With its head office based in Tauranga, TrustPower employs more than 450 staff across New Zealand with a small contingent in South Australia.

"Hewitt would like to congratulate TrustPower as being named one of the Top Companies for Leaders in Asia Pacific," said Andrew Bell, Hewitt's practice leader in Australia and New Zealand. "All companies today are facing a number of complex business and economic challenges. Through our research, it's clear that Top Companies such as TrustPower do not abandon key leadership and talent efforts in favor of short-term goals. Leaders at these organisations are passionate and committed. They have an intense focus on talent and their leadership programs are practical, relevant and aligned with business goals--in good times and in bad. This mindset is not only what sets Top Companies apart from the rest, it's what differentiates successful businesses from unsuccessful ones."

TrustPower's Human Resource Manager, Karen Boyte said "TrustPower is focused on developing strong and healthy relationships with our staff at all levels of the organisation. The first part of that relationship revolves around inspirational leadership, opportunities for advancement and the reputation of TrustPower as a great employer.

Secondly, demonstrating genuine care about staff, being interested in them personally, and creating an environment of trust is a fundamental part of leadership at TrustPower. We believe it's the quality and strength of our relationships that sets us apart and consistently contributes to success."

About the Top Companies for Leaders Study

The Top Companies for Leaders study includes 537 organisations around the globe, with an average employee size of 31,443. Eighty-two percent of the participating companies had revenues of $100 million or more. Nearly 42 percent have operations in all regions around the globe. Hewitt, The RBL Group and Fortune utilised a three-step screening process to identify the finalist companies. This included assessing survey responses, conducting in-depth interviews and analysing financial performance in relation to industry. Hewitt provided this information to a panel of independent judges in each region to select and rank a 2009 Top Companies for Leaders list in Asia-Pacific, Europe, Latin America and North America.

ENDS

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