Sun has made the full list of America\'s Most Admired Companies for 2008 by Fortune Magazine. This annual list is derived from a survey conducted by Fortune and its survey partners Hay Group who question more than 3,700 people from dozens of industries on companies they admire most.
Three hundred and seventeen made the list by scoring in the top half of its industry survey in eight key categories: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment and quality of products/services.
Sun earned an overall rating of 6.39, placing in at number 5 on the Most Admired in the Computers Industry. Its earned rankings within each of the listed categories is as follows (with 1 being the best):
- Innovation: 2
- People management: 4
- Use of corporate assets: 5
- Social responsibility: 3
- Quality of management: 5
- Financial soundness: 8
- Long-term investment: 7
- Quality of products/services: 6
"Sun ranked #2 in our industry for "innovation" (behind Apple) and #3 for social responsibility (behind IBM and Xerox)," noted a Sun blog. "There are a few areas we didn't rank so high - namely around our financial performance. So hopefully as that continues to improve, so will our place on this list!"
This is the first time that Sun has made this list, although they reportedly have been listed as a contender for a couple of years.
The company reports it made "a jump of three places in the quality of management and use of corporate assets categories as well as a two position increase in people management. We scored #2 in innovation, a great nod to our focus on innovation across our products and operations."
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