Fortune has revealed its annual list of the World’s Most Admired Companies for 2023. Gartner, the world’s leading research and advisory company, is proud to announce that it has been recognized among the world’s most respected and reputable organizations for the eighth consecutive year.
The ranking from Fortune is based on feedback from executives, directors and analysts. Executives are asked to rate organizations within an industry based on specific criteria requirements, choosing the top ten companies they admired most.
“We’re thrilled to once again earn this recognition from Fortune,” said Robin Kranich, EVP and Chief Human Resources Officer. “Gartner is an incredible organization, thanks to our growth strategy, amazing culture, and ability to come together as one team to deliver unparalleled value to our clients.”
Additionally, Gartner has ranked within the top five for all nine of the criteria requirements within its industry.
Use of Corporate Assets
Quality of Management
Long-Term Investment Value
Quality of Products/Services
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How Fortune Ranks the Most Admired Companies:
As we have in the past, Fortune collaborated with our partner Korn Ferry on this survey of corporate reputation. 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 the Fortune Global 500 database that have revenues of $10 billion or more. We winnowed the assortment to the highest-revenue companies in each industry, a total of 645 in 27 countries. The top-rated companies were picked from that pool of 645; the executives who voted 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. A company’s score must rank in the top half of its industry survey to be listed. (For complete rankings, visit fortune.com.)
To select our 50 All-Stars, Korn Ferry asked 3,760 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, Adobe fell off the All-Stars list but ranked No. 2 within the computer software category when votes from only those in that industry were counted.