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Apple drops to number 2 on the Wall Street Journal’s Management Top 250 list

Nvidia is No. 1 in the Wall Street Journal’s annual Management Top 250, replacing Apple.

Five of the so-called Magnificent Seven tech firms landed in the very top spots: Nvidia took the lead from Apple, which replaced it at No. 2. Microsoft kept the third spot, and Alphabet returned to fourth, after slipping to eighth last year. Amazon.com—officially a retailer despite its heavy tech emphasis—ranks fifth, up from No. 19 last year.

The Management Top 250 ranking uses the principles of management guru Peter Drucker to identify the most effectively managed businesses. This year, 668 companies were graded on customer satisfaction, innovation, social responsibility, employee engagement and development, and financial strength, using 34 indicators supplied by third-party data providers. The Drucker Institute created the statistical model behind the ranking.

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Article provided with permission from AppleWorld.Today
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