Submitted by
Susan Steinhagen
12. March 2010 10:22
Nestlé tops the Consumer Food Products industry category in the annual World’s Most Admired Companies by Fortune Magazine.
As an industry champion, Nestlé has been ranked number 1 in all criteria including innovation and global competitiveness, achieving a total score of 7.63. In addition, Nestlé is positioned number 34 in the top 50 overall.
A total of 667 companies from 33 countries were surveyed by the Hay Group who determined ranking by asking a total of 4,170 executives, directors and analysts to rate companies in their own industry on nine criteria; from investment value to social responsibility. Participants 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.