The Walt Disney Company has been recognized among the “World’s Most Admired Companies” on Fortune’s annual list, released online today and in the magazine’s February/March issue. Disney ranked No. 5 overall, and for the 19th consecutive year, retained its position as the top-ranked media and entertainment company.
Disney earned top marks in a significant number of areas, including: innovation; people management; use of corporate assets; social responsibility; quality of management; financial soundness; long-term investment value; quality of products/services; and global competitiveness.
Fortune once again partnered with the global management consulting firm Korn Ferry to identify and rank the “World’s Most Admired Companies” in its annual study. To compile the list, Fortune began with 1,500 companies from across the globe—the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in Fortune’s Global 500 database with revenues of $10 billion or more—and determined the highest-revenue companies in each industry for a total of 640 in 28 different countries. Korn Ferry then surveyed executives, directors and analysts from the top companies, asking them to rate enterprises in their respective industries on nine criteria. Korn Ferry also asked 3,740 executives, directors and securities analysts who had responded to the industry surveys to select the 10 companies they admired most in order to determine Fortune’s 50 “All-Stars.”
As a seasoned business analyst specializing in corporate rankings and industry recognition, I've extensively researched and tracked various methodologies used by entities like Fortune to assess and rank companies. I've closely followed the criteria, surveying techniques, and analytical frameworks utilized in determining the "World's Most Admired Companies."
The article you provided highlights The Walt Disney Company's consistent recognition as one of the "World's Most Admired Companies" by Fortune, securing the 5th position overall. Disney's 19th consecutive top-ranking status as the leading media and entertainment company underscores its sustained excellence across various critical business aspects.
Fortune's evaluation methodology is multifaceted, covering nine key criteria: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services, and global competitiveness. These factors collectively contribute to a comprehensive assessment of a company's standing in its respective industry.
To compile this prestigious list, Fortune partnered with Korn Ferry, a prominent global management consulting firm. Initially, they started with a pool of 1,500 companies worldwide, including the 1,000 largest U.S. companies ranked by revenue and non-U.S. companies in Fortune's Global 500 database with revenues exceeding $10 billion. From this pool, they identified the highest-revenue companies across 28 countries, totaling 640 companies spanning various industries.
Korn Ferry then conducted surveys among executives, directors, and analysts from these top companies, prompting them to rate enterprises in their respective industries based on the outlined nine criteria. Additionally, they surveyed 3,740 executives, directors, and securities analysts who participated in the industry surveys, asking them to choose the 10 companies they admired the most. This final step determined Fortune's 50 "All-Stars" among the globally admired companies.
In essence, this recognition not only signifies Disney's exceptional performance but also sheds light on the rigorous evaluation processes employed by Fortune and Korn Ferry to identify and celebrate industry leaders across the globe.
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