Survey: World’s Most Admired Companies2007

For the survey, management consulting firm Hay Group surveyed financial analysts, executives and directors at 347 companies with revenues of more than US$8bil last fall;
Companies were scored on eight key areas of leadership:

  • Innovation
  • Quality of management
  • People management
  • Financial soundness
  • Use of corporate assets
  • Long-term investment
  • Social responsibility
  • Product/services quality

Further details:
§         In the 2007 list, only 15 companies with headquarters outside the United States ranked in the top 50, three fewer than in 2006;
§         Fortune said companies that had good succession planning for top management positions, along with training and keeping their next generation of talented staff, were likely to be among the most admired;
§         US-based conglomerate General Electric (GE) was ranked first for the seventh time in Fortune magazine’s The World’s Most Admired Companies in 2007;
§         Toyota Motor and Procter & Gamble also maintained their number two and three positions respectively on the list. 

  • Summary of Top 50 Ranking In the World:
Rank Company Country
1 General Electric US
2 Toyota Motors Japan
3 Proctor & Gamble US
4 Johnson & Johnson US
5 Apple US
6 Berkshire Hathaway US
7 FedEx US
8 Microsoft US
9 BMW Germany
10 PepsiCo US
11 IBM US
12 Target US
13 Wal-Mart Stores US
14 United Parcel Service US
15 Costco Wholesale US
16 Walt Disney US
17 Singapore Airline Singapore
18 Exxon Mobil US
19 Boeing US
20 Nokia Finland
21 Citigroup US
22 Bank of America US
23 Honda-Motor Japan
24 Coca-Cola US
25 Caterpillar US
26 Nestle Switzerland
27 Dell US
28 Toyota Industries Japan
29 Intel US
30 Tesco US
31 DuPont US
32 Cisco US
33 Walgreen US
34 Samsung Electronics S.Korea
35 Anheuser-Busch US
36 BP Britain
37 Best Buy US
37 Siemens Germany
39 Home Depot US
40 L’oreal France
41 Sony Japan
42 Motorola US
43 Hewlett-Packard US
44 Northwestern Mutual US
45 Lowe’s US
46 Canon Japan
47 Deere US
48 HSBC Holdings Britain
48 Xerox US
50 Dow Chemical US

  • In terms of how the countries stack up in terms of the total number of most admired companies::

US – 132; Japan– 61; Britain – 26; France – 26; and
Germany– 26.

  • In terms of the top few companies in the area of People management:

      Proctor & Gamble, FedEx & General Electric

  • In terms of the top few companies in the area of Innovation:

Apple, FedEx and Walt Disney

  • In terms of the top few companies in the area of Industry Champions:

Tesco (Food & Drug Store), Nestle (Consumer Food Products)  and Bank of America (Mega Banks)

(Source:CNN) 
 

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March 12, 2007   Posted in: Performance Mgmt

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