Drucker Institute Teams With WSJ for ‘Management Top 250’
New Ranking Takes Unprecedented, Holistic Approach to Assessing Company Performance
The Drucker Institute at Claremont Graduate University has partnered with the Wall Street Journal to produce a groundbreaking new measure of corporate effectiveness, “The Management Top 250.”
Developed by the institute, the Management Top 250 ranks Fortune 500, S&P 500, and other large-cap companies based on their alignment with 15 core management principles advanced by the late Peter Drucker, who taught management at CGU for more than 30 years. Drucker defined effectiveness as “doing the right things well.”
The inaugural list is set to be published online December 5, with full coverage in a Wall Street Journal special section on December 6.
“Most metrics assess a single aspect of how a company is doing, with relatively little regard to how different dimensions of performance fit together,” said the institute’s Rick Wartzman and Lawrence Crosby in an introduction that will accompany the inaugural list. “In a world of specialists, our aim is to offer the insights of the general practitioner by seeing the whole corporate anatomy.”
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To produce its rankings, the institute has built a statistical model that uses 37 firm-level indicators to assess five dimensions of corporate performance using a list of nearly 700 companies:
- Customer satisfaction
- Employee engagement and development
- Innovation
- Social responsibility
- Financial strength
For more information about the Management Top 250, visit the Drucker Institute website or contact Zachary First, the institute’s executive director, at zach@drucker.institute.