MUMBAI: The Walt Disney Company continues to be among the top 'world's most admired companies,' holding the number four spot on fortune's annual list for the third year in a row. Disney also leads the entertainment industry for 2021, the eighteenth consecutive year it has ranked number one. Fortune stated that the list represents 'the companies business leaders admire the most-and are watching closely.'
Apple, Amazon, Microsoft Corporation, and The Walt Disney Company are all at the head of the class in the 2021 release of the world's most admired companies list, a long-running feature in Fortune Magazine. These companies rank first, second, third, and fourth respectively in this year’s honours roll.
The Walt Disney Company has held on to the number four spot on the annual list for the third year in a row. Disney also leads the entertainment industry for 2021, the eighteenth consecutive year it has ranked number one. Fortune stated that the list represents “the companies business leaders admire the most-and are watching closely.”
According to Fortune, companies are ranked “not just on their success, but on how and where they succeed.” Disney received top marks in a significant number of areas, including the quality of its products and services, global competitiveness, people management, social responsibility and long-term investment value.
Google's parent company Alphabet is ranked seventh in the overall world's most admired companies list, and grabs second spot in the internet services and retailing industry category after Amazon. Netflix has grabbed the ninth spot in the all-stars list. However, the streaming service is the second most admired company in the entertainment industry category after Disney.
To compile the annual survey of corporate reputations, Fortune partnered with the global management consulting firm Korn Ferry. They began with 1,500 candidates that included the 1,000 largest US companies ranked by revenue, along with non-US companies in Fortune's Global 500 database that have revenues of $10 billion or more. That list was winnowed down to 670 names that represented the highest-revenue companies in each industry. The top-rated companies were then picked from that pool of 670 by executives who work at the companies in that group. To determine the best-regarded companies in 52 industries, Korn Ferry 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.
