Bosch has once again been named to Fortune’s World’s Most Admired Companies list. The company was ranked first on several attributes in the motor vehicle parts category.
Fortune’s Most Admired list is based on nine key reputation 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. Bosch was ranked No. 1 in the motor vehicle parts category for innovation, people management, quality of management and quality of products and services.
These rankings are determined by input from executives, directors and analysts in 52 industries who rate companies in their own industry.
“Being named to Fortune’s ‘World’s Most Admired Companies’ list is a testament to the quality of Bosch’s people and its innovation,” said Mike Mansuetti, president of Bosch in North America. “In an increasingly IoT-connected world, Bosch remains committed to technology that tackles the challenges of today and helps define the standard for future innovations.”
Fortune calls the World’s Most Admired Companies list “the definitive report card on corporate reputation.” Korn Ferry Hay Group has collaborated with Fortune for more than 20 years to uncover the business practices that make these companies highly regarded among their peers.
To view Forbes’ World’s Most Admired Companies list, click here.