International Business Machines Corp. notched the biggest increase of any company in the latest Management Top 250 in its score for innovation, followed by Automatic Data Processing Inc. and General Electric Co.

The annual Management Top 250 ranking, developed by the Drucker Institute, measures corporate effectiveness by examining performance in five categories: customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength.

In the 2020 ranking, IBM's score for innovation rose 27.3 points from 2019 to 127.1, the second-highest innovation score among the more than 800 companies studied by Drucker. ADP's innovation score climbed 19.2 points to 70.9, and GE's score in the category rose 17 points to 96.5. GE is ranked No. 6 for innovation.

Two other companies among the biggest gainers in innovation also made the top 20 for the category: Intel Corp., No. 12 for innovation, and Qualcomm Inc., No. 18.

IBM, Intel and GE are also among the 20 highest-ranked companies overall, along with one other company among the biggest innovation gainers, Merck & Co.

See the full list of the Management Top 250 companies with the biggest gains in innovation below. You can see the companies with the biggest gains in financial strength here, customer satisfaction here and social responsibility here.

You can also explore the full, detailed rankings here, and a list of the 2020 Management Top 250 all-stars, companies that excelled in all five categories, here. In the coming weeks we'll take a look at the companies whose scores improved the most from the previous year in employee engagement and development.

-- Gerard Yates


(END) Dow Jones Newswires

April 08, 2021 17:02 ET (21:02 GMT)

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