HVAC Breaking News

March 15, 2011: Grainger Tops Fortune's ‘Most Admired' List for Second Consecutive Year

March 15, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

CHICAGO - For the second year in a row, Grainger has been named the “most admired” company among diversified wholesalers in Fortune magazine’s annual listing of the World’s Most Admired Companies. Every year, Fortune and Hay Group, a global management consulting firm, survey top executives, directors, and financial analysts to identify companies that have the strongest reputations within and across industries. Grainger is a leading broad line supplier of maintenance, repair, and operating (MRO) products that serves more than 2 million businesses and institutions in 153 countries.

“Grainger’s success would not be possible without our 18,000 outstanding team members,” said Jim Ryan, Grainger chairman, president, and chief executive officer. “No matter where in the business they work, our team members help Grainger’s customers be more productive. Every day we help businesses save time and money.”

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 by 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.

In the 2011 World’s Most Admired Companies survey, participants ranked Grainger No. 1 in the Diversified Wholesalers industry, giving the company the highest marks in all nine reputational criteria. In addition, Grainger ranked in the Top 10 in several All-Star Global Categories: Management Quality, Use of Assets, Financial Soundness, and Quality of Products/Services.

For more information about Grainger, visit www.grainger.com.

Publication date: 03/14/2011

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

Podcasts

NEWSmakers: Julian Scadden

Training is an ongoing process. Julian will discuss how you can generate maximum return on time and energy invested training by following a three part process. Listen to this podcast to get expert tips on training, tracking and follow up. 

More Podcasts

THE MAGAZINE

ACHRNEWS

NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

SERVICE CALLS POLL

Which statement on service calls best applies to your business?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con