Toyota Makes Fortune’s "Most Admired" List

by Mark Graban on February 21, 2006 · 1 comment

Fortune: Most Admired Companies: Snapshot

Toyota is the first non-U.S. based company to make the list, in the #9 slot. The top 10 are GE, FedEx, Southwest, Proctor & Gamble, Starbucks, Johnson & Johnson, Berkshire Hathaway, Dell (falling from #1), Toyota, and Microsoft.

Toyota ranks #1 in the auto sector in the survey for:

  • Social responsibility
  • Quality of management
  • Financial soundness
  • Long-term investment
  • Quality of products/services

They are ranked #2 for:

  • Innovation (I’m surprised by that)
  • Employee talent (I’m not surprised by that, as with TPS you would expect a company to do “great” things with “good” people because they work as part of a high-performing system.)

Mark Graban 2011 Smaller Toyota Makes Fortunes "Most Admired" List leanAbout LeanBlog.org: Mark Graban is a consultant, author, and speaker in the “lean healthcare” methodology, focused on improving quality and patient safety, improving access, reducing costs, and fully engaging healthcare professionals. He is also the Chief Improvement Officer for KaiNexus.


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{ 1 comment… read it below or add one }

1 Anonymous February 21, 2006 at 7:40 pm

Toyota actually says they do extrodinary things with ordinary people or something along those lines. For seeking out the best talent, they could probably be ranked 8th, but for doing the most with the people they have, clearly 1st.

Innovation depends on how you evaluated it, but most of their innovation is somewhat hidden from both consumers and the market.

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