Medtronic Among Fortune Magazine’s “Most Admired Companies” for 2021
Friday, January 29, 2021
Fortune Magazine announced today that Medtronic is once again on its list of “Most Admired Companies.” For 2021, Medtronic ranked fourth in the Medical Products and Equipment category.
The “Most Admired Companies” list highlights exceptional organizations that are rated on nine reputational attributes. Companies also receive an overall corporate reputation score based on the average of the attribute scores.
The nine reputational attributes that companies are evaluated on are:
- Ability to attract and retain talented people
- Quality of management
- Social responsibility to the community and the environment
- Quality of products or services
- Wise use of corporate assets
- Financial soundness
- Long-term investment value
- Effectiveness in doing business globally
This year, 670 of the world’s largest companies by revenue were ranked, spanning 52 industries and 30 countries. Fortune surveyed approximately 15,000 senior executives, outside directors, and industry analysts to determine this year’s top companies.
Companies eligible to make the “Most Admired Companies” list must be listed in Fortune’s Global 500 database, where companies with revenues of $10 billion or more are tracked.
“We’re honored to once again be ranked among Fortune’s Most Admired Companies,” said Medtronic chairman and CEO Geoff Martha. “This designation would not be possible without the hard work, commitment, and dedication to furthering the Mission by every single Medtronic employee. Being named a “Most Admired Company” fuels my excitement and drive to continue to carve our path forward, while reinforcing our commitment to making a positive impact on the world.”