CONSISTENT PERFORMANCE PAYS

For companies, respect is always earned through consistent performance, stable and trustworthy leadership, and effective growth strategy

- Ashish Sinha

AS the Indian economy goes through the ebb and flow of growth and progress, the companies, as the key drivers of the economy, too, undergo transformation in the way they work and grow. They have to constantly adapt to the changing dynamics to stay ahead of the curve. And those that give a good all-round account of themselves while upholding their core values during challenging times are feted as ‘most respected companies’, admired by peers and competitors alike.

The 2023 edition of BW Businessworlds Most Respected Companies (MRC) survey was conducted by our knowledge partner TechSci Research. A perception-based study, the survey examines aspects such as corporate social responsibility, women friendly policies, a rewarding work culture in addition to an effective growth plan and financial returns. The study mapped the current perception levels in the minds of employees and self-employed individuals in India. A total of 21 sectors were identified, and 553 respondents were used for research, including senior and mid-level employees.

Overall, Reliance Industries, the country’s largest private sector company, emerged at the top closely followed by Tata Consultancy Services based on the chosen parameters. The top five companies included Amazon India, HDFC Bank and Google India. The next five included Hindustan Unilever, Apple India, Wipro, State Bank of India and Infosys. Clearly, there emerges a theme of consistent leadership, healthy financial returns and effective growth plan among all the companies, including those featured in the top 20. The overall list is of 55 companies.