ITC topped as the most admired company
The FMCG giant ITC is India’s most admired company, followed by engineering major L&T and Hindustan Unilever Ltd, according to a list compiled by Fortune India with global management consultancy Hay Group.
ITC scored the highest on parameters such as corporate governance, endurance, social impact, and product quality and employee empowerment. In this present year, two criteria in particular, corporate governance and social impact, separated the Top 10 from the rest of the winners.
ITC has topped the list by displacing Group Company TCS in 2014, Hay Group India Country Head Sridhar Ganesan said. Second-ranked L&T has been rated highest on leadership while HUL has been rated highest on investment, talent development, product quality, leadership, innovativeness and global footprint. Maruti Suzuki, State Bank of India, TCS, Coca Cola, Samsung, Tata Motors and ONGC has come out among the top 10 firms.
This survey is conducted every year and last year TCS had topped the list. ITC has always been an admired company in India. This year ITC has been rated among the many of the top companies in India. The survey is not only based on highest rate of investment but also product quality and other leading factors.
Source: The Pioneer
FMCG, global management consultancy, innovativeness, Investment, L&T and Hindustan Unilever Ltd, Leadership, product quality, Sridhar Ganesan, talent development