Tuesday, February 21, 2017

Fortune – New list of the World’s Most Admired Companies

“The State of the American Workplace: Employee Engagement Insights for U.S. Business Leadersreport highlights findings from Gallup’s ongoing study of the American workplace from 2010 through 2012. This latest report provides insights into what leaders can do to improve employee engagement and performance in their companies ...
World’s Most Admired Companies – “Which companies are most respected? Some 3,800 executives, analysts, directors, and experts voted—and here are the results.”
“How we conducted the most admired survey – “As we have in the past, Fortune collaborated with our partner Korn Ferry Hay Group on this survey of corporate reputations. We began with a universe of about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in Fortune’s Global 500 database that have revenues of $10 billion or more. We then winnowed the assortment to the highest-revenue companies in each industry, a total of 680 in 28 countries. The top-rated companies were picked from that pool of 680; the executives who voted work at the companies in that group. To determine the best-regarded companies in 51 industries, Korn Ferry Hay Group asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed. Because of the weak distribution of responses, only the aggregate industry scores and ranks are published in Cable and Satellite Providers; Construction and Farm Machinery; and Wholesalers: Diversified. Results were not published in the following categories due to insufficient response rates: Computers, U.S. Energy, Mining/Crude Oil Production, Petroleum Refining, and Pipelines. To select our 50 All-Stars, Korn Ferry Hay Group asked 3,800 executives, directors, and securities analysts who had responded to the industry surveys to select the 10 companies they admired most. They chose from a list made up of the companies that ranked in the top 25% in last year’s surveys, plus those that finished in the top 20% of their industry. Anyone could vote for any company in any industry. The difference in the voting rolls explains why some results can seem at odds with each other. For example, Samsung Electronics fell off the All-Star list as its combustible phone batteries singed its sales and stature, but Samsung moved up one notch within the electronics category when votes from only those in that industry were counted. Korn Ferry Hay Group, which has conducted the research for the World’s Most Admired Companies list since 1997, is a global management consulting firm.”




Meg Whitman, president and CEO of Hewlett Packard Enterprise, describes how she learned to lead companies big and small to success by adjusting to different environments, building on what a business does best, and approaching work with urgency and initiative. In conversation with Stanford Professor of the Practice Tina Seelig, Whitman recounts the explosive growth during her time as president and CEO of eBay, the challenging turnaround of storied tech giant HP, and her 2010 run for California governor that revealed deep political insights that still resonate.
Lessons in Situational Leadership





Australia’s march towards corporatocracy. “If they rely further on external parties for expertise and policy advice, governments – both state and federal – are likely to be emasculated, entirely laid at the whim of private vested interests. With no expertise, let alone pricing power in negotiating external fees for expert advice, there will come a heavy cost to the public
Australia’s march towards corporatocracy