Prudential Financial Inc.

Prudential's international operations were divided into two segments - Japan and all other countries. Japan was largest contributor to the company's revenue after the domestic operations (Refer Table II). In Japan, Prudential operated through four companies in the insurance and retail investments & securities segment (Refer Table III). Though Prudential had established its first overseas office much earlier in 1909 in Canada, the real growth in its international operations started when the company established its wholly-owned subsidiary, named Prudential of Japan, in Japan in 1988. By 2000, Prudential had not only become one of the fastest growing life insurers in Japan, but had also expanded to other markets in Asia...

Prudential was recognized for its HR practices and policies. In 1999, the Congress of Industrial Organizations (CIO) magazine had placed Prudential among CIO's 100 best companies based on HR management, innovation and customer relationship. In the same year, the company's Executive Vice President - HR, Michele Darling, (Darling) was named the 'HR Executive of the Year' by a leading magazine, Human Resource Executive. Darling designed a training initiative called the One Prudential Exchange in which the employees learnt details about the company's operations, its strategic mission, and the action necessary to achieve its organizational goals. More than 60,000 employees of the company were part of the training program...