Apple, Nvidia, and Microsoft are America's best-managed companies right now, report says
Dec 09, 2024 - qz.com
Apple has been ranked as the best-managed company in the U.S. by The Wall Street Journal, according to a new ranking by the Drucker Institute. The ranking evaluates corporate management effectiveness across five areas: customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength. Apple excelled in innovation and financial strength, while Nvidia, which came in second, also ranked highly in financial strength and employee engagement. Both companies have been competing closely in terms of market value, with Apple currently valued at $3.67 trillion and Nvidia at $3.49 trillion. Nvidia's shares have surged nearly 200% this year due to increased demand for its AI chips, compared to Apple's 30% growth.
Microsoft, previously holding the top spot for four years, now ranks third, with a market cap of $3.30 trillion and strong performance in innovation and financial strength. Intel, ranked fourth, has faced challenges, including the ousting of CEO Pat Gelsinger and plans to cut its workforce by 15% to save $10 billion by 2025. Despite these issues, Intel leads in social responsibility and ranks second in customer satisfaction. Intel was recently removed from the Dow Jones Industrial Average to make room for Nvidia, reflecting a shift towards AI-focused companies.
Key takeaways:
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Apple is ranked as the best-managed company in the U.S. by The Wall Street Journal, excelling in innovation and financial strength.
Nvidia, ranked second, has seen a significant boost from AI demand, with its market value reaching $3.49 trillion.
Microsoft, previously holding the top spot for four years, remains strong in innovation and financial strength with a $3.30 trillion market cap.
Intel, despite a challenging year and leadership changes, ranks first in social responsibility and second in customer satisfaction.
