In context to strategic management, search the Fortune “Most Admired Companies”

Question

In context to strategic management, search the Fortune “Most Admired Companies” 2010 and compare that list to the latest one of 2017. (www.fortune.com)

Which companies have fallen out of the top 10? Pick one of the companies and investigate why it is no longer on the list.

Which companies appeared both in 2010 and 2017? Why?

Which companies go to the top 10 list from not even being on the 10 in 2010 list? Pick one of the companies and investigate how it reached the top 10 list.

Conduct research on the selected companies. Try to explore what are the company’s opportunities, threats, strengths, and weaknesses? Prepare a 3- to-5 page report of the company. The report should include the following: a. Does the firm have any core competencies? Are any of these distinctive (better than the competition) competencies? Does the firm have any competitive advantage? What is its business model? Provide a SWOT analysis. What is the likely future of this firm if it continues on its current path?

Explanation / Answer

Most admired and top rated companies in 2017 are

1.Apple 2.Amazon 3.Starbucks 4.Berkshire 5.Hathaway 6.Disney 7.alphabet 8.general public 9.Facebook 10.Microsoft

Most Admirable and toprated companies in 2010 are

1.apple2.Google 3.Berkshire Hathaway 4.Johnson and Johnson 5.Amazon 6.procter&gamble 7.Toyota motor

8.Holman sachs 9.Walmart 10.cocacola

Walmart, cocacola and Google Johnson & Johnson are top rated companies in2010 and the situation got changed in 2017 ,the reasons for the fall down of these companies is lack of people management and quality management and mainly global competitive ness.

Walmart in particular failed in standing in top 10 one of the reason may be lack of social responsibilities and management of quality .

The most admired company which stood at top1 in 2010 as well as in 2017 is Apple.

Apple company marked its sign of success only because of high quality and well managed organization al skills. Best social responsibilities, global competitive ness and innovation.

For any business organization it is essential to have honesty and courage to be listed in the top position.

According to SWOT analysis the following observation share recorded:

Strengths:

Brand reputation, strong competency in acquisition, integration of product's and services., diversified business, innovative skills

Weaknesses:

Expensive services, focusing only on large enterprises

Opportunities:

Expansion of services in all divisions., increased demands for their services and products.

Threats:

Increasing competency in the market., slowing growth of world economy.

For any business organization to get top rated it should possess quality management, global competitiveness,and mainly innovation in their products and services and better utilisation of assets.

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