CHICAGO—Grainger (NYSE: GWW) has earned the number one ranking on FORTUNE magazine’s 2016 List of World’s Most Admired Companies in the category of Wholesalers: Diversified. This marks the third consecutive year Grainger attained the top spot in this category.
“Grainger is proud to earn the top spot in our category as a Most Admired Company for the third year in a row,” said Grainger’s Chairman, President and CEO, Jim Ryan. “We are an industry leader because of our people. It’s the relationships team members build with our customers, suppliers and each other that give us a competitive advantage. Our team members offer different skills, perspectives and experiences to help customers keep their facilities running and their people safe. In turn, Grainger is committed to creating a workplace where dedicated, talented people can thrive.”
FORTUNE‘s World’s Most Admired Companies list is the definitive report card on corporate reputations. Hay Group has collaborated with FORTUNE annually since 1997 to identify, select and rank the World’s Most Admired Companies and uncover the business practices that make these companies highly regarded among their peers. To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness.
Other companies in the electrical industry included in The World’s Most Admired Companies list are:
Wholesalers: Diversified:
#1: Grainger
#2: Graybar
#3: Wesco
#4: Rexel
#6: Anixter
Industrial Machinery:
#3: ABB
Electronics:
#1: Siemens
#2: GE
#4: Honeywell
#5: Panasonic
#7: Philips
The World’s Most Admired Companies list can be found on the FORTUNE website. For more information on how the rankings are determined, please view the full methodology on Korn Ferry’s website.
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