FMCG giant ITC is the most admired Indian company, followed by L&T
and Hindustan Unilever (HUL). Fortune India, in association with global
management consultancy, Hay Group, released the findings of the third edition
of Fortune India's Most Admired Companies (IMAC) research.
ITC scored the highest on parameters such as corporate governance,
endurance, social impact, product quality and employee empowerment.
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 also feature in the top ten.
The research is based on a unique peer ranking methodology, which in its
first phase covered 523 companies across the economy's 15 key sectors. 443
respondents participated to rank their peers across a scale of ten parameters.
These parameters included corporate governance, endurance, impact on society,
investment value, product/service quality, innovation, quality of leadership,
talent development, employee empowerment and business footprint.
In Phase 2, 84 respondents evaluated the top 45 companies on the basis
of the same parameters. Using a similar methodology, Fortune also partners with
Hay Group globally to identify and rank Fortune World's Most Admired Companies.
Sridhar Ganesan, Country Head, Hay Group India, comments, "This
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."