Korn Ferry Partners with Fortune on the World’s Most Admired Companies List for 27th Year
31 Janeiro 2024 - 6:53PM
Business Wire
Korn Ferry (NYSE:KFY), for the 27th year, partnered with Fortune
on the World’s Most Admired Companies (WMAC) list. The list was
released today.
Korn Ferry and Fortune analyzed 660 companies, representing 29
countries and 52 industries and surveyed more than 3,720 executives
to measure reputation based on nine different attributes including
firm’s effectiveness in conducting business globally, its ability
to attract, develop, and keep talent, its value as a long-term
investment, its innovativeness, its wise use of corporate assets,
and its responsibility to the community and environment.
The World’s Most Admired Companies are defined as those in the
top half of their industries in terms of overall reputation, with
peer companies scoring in the bottom half. In addition, there is an
All-Star List of the Top 50 across all industries,
While the overall top ten All-Stars remained mostly consistent
compared to 2023, several new players broke into the top 50
rankings in 2024. These new companies were propelled onto the list
by a broad confidence in their effectiveness in conducting business
globally, innovativeness and soundness of financial position. Three
industries (general merchandisers, megabanks and pharmaceuticals)
tied for top overall representation with four companies each.
The highest scoring attributes for the All Stars were financial
stability, quality of products and services and quality of
management.
“It’s probably no surprise that soundness of financial position
comes out on top, especially in the current climate,” says Mark
Royal, a Korn Ferry Senior Client Partner and Employee Engagement
specialist. “Indeed, at a time when organic growth has become
harder to find amid uncertain economic and political conditions,
executives are placing special value on stability. The results
paint a stabilizing picture.”
“Quality still counts,” said Laura Manson-Smith, Korn Ferry’s
Global Leader of Organization Strategy Consulting. Quality of
products/services and quality of management scored very closely
behind soundness of financial position and have consistently been
cited by WMAC executives and directors as top drivers of overall
corporate reputation year on year. “It's not merely about financial
performance; it's about cultivating a culture that fosters growth,
values talent, and empowers individuals to collectively drive the
company towards excellence."
Additional data, which explores the talent strategies and growth
levers implemented by the World’s Most Admired Companies, is
forthcoming in the next month.
About Korn Ferry
Korn Ferry is a global organizational consulting firm. We work
with our clients to design optimal organization structures, roles,
and responsibilities. We help them hire the right people and advise
them on how to reward and motivate their workforce while developing
professionals as they navigate and advance their careers.
About Fortune
Fortune upholds a legacy of award-winning writing and trusted
reporting for executives who want to make business better.
Independently owned, with a global perspective and digital agility,
Fortune tells the stories of a new generation of innovators,
builders, and risk takers. Online and in print, Fortune measures
corporate performance through rigorous benchmarks, and holds
companies accountable. Fortune creates communities by convening
true thought leaders and iconoclasts – those who shape industry,
commerce and society – through powerful and prestigious lists,
events and conferences, such as the iconic Fortune 500, the CEO
Initiative and Most Powerful Women. For more information, visit
fortune.com.
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Stacy Rozen Stacy.Rozen@KornFerry.com
Korn Ferry (NYSE:KFY)
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