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:

• 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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