Who are the World’s Most Admired Companies for 2018?

admired companies

We know at theanswercentre.co.uk that we are in a very lucky position that sees us admired by a lot of our clients that we work with, as well as many peers in the business world.

While we don’t let this admiration go to our heads, we are nonetheless very flattered by it. However, we know that there are some major players across the world in big business that get some very influential global admiration.

But who are the most admired companies in the world, and gets to decide which companies are worthy of such accolades? The results are interesting and we are happy to share our finding with you here:

Each year FORTUNE conducts a survey amongst the top executives and directors from international companies that qualify for entry into the study. Financial analysts work to identify the top companies that hold the strongest reputations within their sector and across other industries.

Each company is judges on nine key attributes and results are collated to come up with their top 50 Most Admired Companies in the World. To be a candidate for the results listing, your company needs to fit with these requirements: FORTUNE 1000, Global 500 companies, and other major non-U.S. Companies. There are 56 industry groupings consisting of 211 non-U.S. companies from 28 countries and 475 US  companies.

Qualifying companies must have approximately $10 billion in revenue and rank among the largest by revenue within their industry, so, unfortunately, theanswercentre.co.uk couldn’t even think about going up against these big players, even if we wanted to!

Having said that, some of the nine attributes these top companies are judged on also attribute that we feel are very strong within The Answer Centre, these being:

  • Ability to attract and retain talented people
  • Quality of management
  • Social responsibility to the community and the environment
  • Innovativeness
  • Quality of products or services
  • Wise use of corporate assets
  • Financial soundness
  • Long-term investment value

So, who has made the top 10 Most Admired Companies for 2018 as compiled by FORTUNE? Here are the results:

  1. Apple (Computers)
  2. Amazon (Internet Services and Retailing)
  3. Alphabet (Internet Services and Retailing)
  4. Berkshire Hathaway (Insurance: Property and Casualty)
  5. Starbucks (Food Services)
  6. Walt Disney (Entertainment)