Lockheed Leads Industrial-Goods Companies in Management Top 250

Half of the industrial-goods companies in the Management Top 250 scored in the top 20% for overall management effectiveness.

Two aerospace companies, Lockheed Martin Corp. and Boeing Co., ranked highest among 20 companies in the industrial-goods sector. Both companies were lifted by their performance in the financial-strength category of the ranking.

Lockheed Martin scored in the top 1% of the companies studied for financial strength, while Boeing was in the top 2%. Financial strength measures things like earnings and return on assets.

Financial strength is one of five ranking categories. They are based on the ideals of the late business guru Peter Drucker, who influenced generations of business leaders with his writings, including a regular column in The Wall Street Journal.

In addition to financial strength, the Management Top 250 evaluates innovation, customer satisfaction, social responsibility, and employee engagement and development. The ranking was developed by the Drucker Institute and first published in December.

As a whole, the industrial-goods companies in the ranking scored well on customer satisfaction. Just over half of the industrial-goods companies had customer-satisfaction scores in the top 15% of all companies studied by Drucker.

See more analysis and the full list of the 2017 Management Top 250 at wsj.com/managementtop250. Plus, read about how technology, telecommunications, financial, energy, automotive, and consumer and business services companies rank. The full methodology is available at on.wsj.com/top-250-methodology.

-- Dave Pettit ( @pettitd)

Write to Dave Pettit at [e-mail]

(END) Dow Jones Newswires

July 19, 2018 14:38 ET (18:38 GMT)

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