The Wall Street Journal has named timberland REIT Weyerhaeuser (NYSE: WY) and data center REIT Equinix (NASDAQ: EQIX) to its Management Top 250 list of the most effectively managed companies in the United States.
Weyerhaeuser came in 17th overall, and Equinix placed 85th.
The new measure of corporate effectiveness is based on a ranking created by the Drucker Institute at Claremont Graduate University. It examines corporate performance in five areas:
- Customer satisfaction;
- Employee engagement and development;
- Innovation;
- Social responsibility; and
- Financial strength.
To measure success in each area, the Drucker Institute scored how companies fared in 37 specific metrics, from market-share data to patent applications to employee ratings on the career-review site Glassdoor.
The companies listed in the Management Top 250 are the highest scorers among 608 corporations studied. All of the companies that were assessed belonged to the S&P 500 or Fortune 500 or had a market value of more than $10 billion in the fall of 2016.
(Contact: Sarah Borchersen-Keto at sborchersen-keto@nareit.com )