Xerox is the world's most admired company in the computer industry, as ranked in Fortune magazine's annual Most Admired Companies Survey.
Xerox jumped to number one from last year's industry ranking of number four.
The survey, compiled by the management consulting firm Hay Group, asked executives, directors, and analysts to rate 1 400 companies on criteria such as innovation, investment value and global competitiveness.
Xerox ranked number one in its category for key reputation attributes, including use of corporate assets, quality of management and social responsibility.
“Xerox's reputation ranks right up there with our people, our brand and our innovation as our most valuable assets,” says Anne Mulcahy, Xerox chairman and CEO. “We invest in it, we nurture it and we know that every single Xerox person helps define how we are perceived in the marketplace.
“This ringing endorsement of our reputation from the business community is a point of great pride for us and reflects our rich heritage of quality service, world-class technology, and commitment to our people and to the communities where they work and live,” she says. “As important, this recognition as a most admired company in our industry raises the bar for how we'll continue to deliver value for all our stakeholders.”
“This award is a clear endorsement that we have the strongest global partner with which to tackle our industry in these otherwise difficult times,” says Rob Abraham, MD of Bytes Document Solutions, the authorised distributor of Xerox products and solutions to 24 African countries. “It is also an endorsement of the strategy to continue selling printers and increasingly engage customers with how they run their businesses, how they manage their content; and enhancing processes while supplying the technology they need to manage the complexities of their environments.”
Highlighted by Fortune as the definitive report card on corporate reputations, the Most Admired survey results are online at http://www.fortune.com.
“Any company that can perform well and maintain its good name during the worst recession in 75 years is arguably more admirable than the best performer during boom times,” says Geoff Colvin, Fortune senior editor at large, in the magazine's overview story. “With admiration in such short supply, it's more valuable than ever - and in a season of global economic tumult, reputation is more volatile than ever.”
Share
Bytes Document Solutions
Bytes Document Solutions, a Bytes Technology Group company, wholly owned by JSE-listed Altron, is the authorised Xerox distributor to 24 sub-Saharan countries. Bytes Document Solutions is engaged in the marketing and servicing of the complete range of Xerox document equipment, software, solutions and services. The company operates through an extensive network of distributors, dealers, concessionaires and channel partners. Its products include printing and publishing systems; digital copiers; laser and solid ink printers; fax machines; digital multifunctional devices that can print, copy, scan and fax; document management software; and supplies, such as toner, paper, and ink. The company also provides software and workflow solutions to businesses for printing books, creating personalised documents for their customers, and scanning and routing digital information. Black economic empowerment partner Kagiso Trust owns a 27% stake of the company. For more information on Bytes Document Solutions and Xerox, visit http://www.xerox.com/news.
Editorial contacts