Thursday, September 26, 2013

2013 Most Admired Companies in the World


Sources: Forbes Magazine and Fortune Magazine 

Below is Forbes magazine's Top 21 List of Most Admired Companies in the World making Information Technology as a Competitive Advantage.

How Forbes Magazine came up with the list?

Forbes based the list of companies on the Gartner Report about World's Most Admired Companies using IT as a competitive advantage in a survey completed between October to December 2012. Forbes took executives (Chief Executive Officers, Chief Operating Officers, Chief Financial Officers, Chairs of the Board and Presidents) as respondents. The executives were then asked to name the companies they most admired in terms of its abilities to apply IT-related business capabilities for competitive advantage. The companies included in the list have a minimum size of US$250 million of annual sales.

Name of Company
Rank
Country



Accenture
1
Ireland
Amazon.com
2
USA
Apple
3
USA
Cleveland Clinic
4
USA
General Electric
5
USA
Goldman Sachs
6
USA
Goolge
7
USA
Hospital Corp of America
8
USA
IBM
9
USA
Intermountain Health Care
10
USA
J.P.Morgan and Chase
11
USA
Kaiser Permanente
12
USA
Mayo Clinic
13
USA
Microsoft
14
USA
Nestle
15
Switzerland
Procter and Gamble
16
USA
Progressive Insurance
17
USA
Schlumberger
18
Germany
Target
19
USA
Toyota Motors
20
Japan
Wells Fargo
21
USA


For more Information on the above list, visit FORBES

FORTUNE list

On the other hand, Fortune Magazine, had been conducting surveys of best, largest and most admired companies in the world for many years now, Apple Incorporated consistently topped the list for five straight years.

The Most Admired Companies in the World is a definitive report card on corporate reputations of Fortune/CNN money. This is one of the most anticipated surveys online in the business community because it presents the ranking of companies in the world according to a specific industry.

How Fortune Magazine conducted the survey?

Fortune started with 1,400 companies around the world ranked by revenues of more than US$10 billion, they will then select the top largest for each industry, surveying a total of 687 companies from 30 countries. Their survey partner is the Hay Group, a global management consulting firm that conducts surveys and research for the World's Most Admired Companies list since 1997. The Hay Group conducted the survey by asking executives, directors and analysts to rate companies in their industry based on nine (9) criteria: Innovation, People Management, Use of Corporate Assets, Social Responsibility, Quality Management, Financial Soundness, Long-term Investment, Quality Products and Services and Global Competitiveness.

To arrive at the 50 Most Admired Companies, according to Fortune, the Hay Group will then asked the 3,800 respondents to select the companies they admired most from a list of companies that ranked in the top 25% in the previous year survey and from a list of companies that finished in the top 20% of their industry.

For 2013 result here is the Top 50 Most Admired Companies in the World. Apple is on top, still undefeated for the past five years.

2013 saw the rigodon of world prestigious companies in the top 10 rank, leaping Berkshire Hathaway from its 4th spot last year to 8th this year and Microsoft from 9th spot last year to 17th this year.

Name of Company
Rank
Country



Apple Incorporated
1
USA
Google
2
USA
Amazon.com
3
USA
Coca-Cola
4
USA
Starbucks
5
USA
IBM
6
USA
Southwest Airlines
7
USA
Berkshire Hathaway
8
USA
Walt Disney
9
USA
FedEx
10
USA
General Electric
11
USA
McDonalds
12
USA
American Express
13
USA
BMW
14
Germany
Procter and Gamble
15
USA
Nordstrom
16
USA
Microsoft
17
USA
Nike
18
USA
Whole Foods Market
19
USA
Caterpillar
20
USA
3M
21
USA
Target
22
USA
Costco Wholesale
23
USA
Johnson and Johnson
24
USA
Exxo Mobil
25
USA
Boeing
26
USA
Wal-Mart Store
27
USA
J.P. Morgan Chase
28
USA
Toyota Motor
29
Japan
UPS
30
USA
Singapore Airlines
31
Singapore
Nestle
32
Switzerland
Volkswagen
33
Germany
Goldman Sachs Group
34
USA
Samson Electronics
35
South Korea
Marriott International
36
USA
PepsiCo
37
USA
Wells Fargo
38
USA
Unilever
39
Great Britain
Deere
40
USA
DuPont
41
USA
Intel
42
USA
St. Jude Medical
43
USA
Accenture
44
Ireland
Home Depot
45
USA
Yum! Brands
46
USA
eBay
47
USA
Facebook
48
USA
Cisco Systems
49
USA
Ralph Lauren
50
USA

For more information of this list, visit Fortune/CNN Money

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