For over a decade, FORTUNE magazine has published its listing of the World’s Most Admired Companies, surveying 15,0000 executives and financial analysts on their perceptions of Fortune 1000 and Global 500 companies across more than two dozen industries. Companies are ranked across nine attributes including: their ability to attract/retain talented people, quality of their management teams, social responsibility, how well they leverage corporate assets, their financial soundness and long-term investment value, their ability to compete globally, their innovativeness, and the quality of their products and services.
Here is the list:
Focus on Innovation: The list recognizes those companies that continuously develop new products and services, effectively reach new and emerging markets, and those organizations that are driving new efficiencies throughout their business processes.
Key Statistic: 88% of World’s Most Admired Companies prioritize innovation versus 79% of peers.
2011 Best in Innovation
1 Apple
2 Google
3 Nike
4 Amazon.com
5 Charles Schwab
6 3M
7 Statoil
8 Exxon Mobil
9 Walt Disney
10 Whole Foods Market
Business Outcome: Per FORTUNE, World’s Most Admired Companies significantly outpace their peers in total shareholder returns - for example, World’s Most Admired Companies demonstrated 18.9 per cent growth, on average, in 2009 compared to just 1.4 percent for the S&P 500, on average.
Do you agree with this ranking? Are there any companies you thought might make the Top 10 and didn't? What would your top innovation list look like?
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