Monday 18 December 2017

Irish-based companies among world's most admired

Ingersoll Rand
Gavin McLoughlin

Gavin McLoughlin

Three Irish-based companies have made it onto 'Fortune' magazine's list of the world's most admired companies, but none of them is really Irish.

Consulting firm Accenture, data storage company Seagate Technology and conglomerate Ingersoll-Rand were the companies selected.

Accenture was ranked 49th in the 'Fortune' listings.

Seagate and Ingersoll-Rand were not ranked but made it on to the list because of their performances in their respective industries.

Ingersoll and Accenture moved here in 2009, while Seagate made the move in 2010.

The list ranks companies based on management quality, quality of products or services, innovation, value as a long-term investment, soundness of financial position, ability to attract, retain and develop talent, community responsibility, wise use of corporate assets and effectiveness in conducting a global business.

Apple was ranked first overall in the list, with Google second and Warren Buffett's Berkshire Hathaway in third.

McDonald's fell to 45th, its lowest position in the seven years it has been in the top 50.

Irish Independent

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