Fortune 10 list of 2056
And the Winners are....
The Fortune 500 list, at least on the top rungs continues to maintain a constant composition for the past few years. Once again, in 2006, Exxon Mobil, Wal-Mart, General Motors, Chevron, Ford Motor, Conoco Philips, GE, Citigroup, AIG and IBM have topped the charts with a slight permutation in the rankings. The big question is, shall we see the same list in 2056? Addressing this question becomes a bit easier after having a look at the industries that may be expected to rein supreme fifty years down the line. The top Fortune 500 industries in terms of return on revenue are: crude oil production, retailing, banking, communications, pharmaceuticals, insurance, metals, home builders, computers and automobile. It is not an exaggeration to expect a bull run for growth of these industries owing to an optimistic picture in global infrastructure and services industry. Even though the company-industry correlation may not be perfectly positive, it is probably a safe assumption to make that majority of the top Fortune 500 companies in 2056 will emerge from these industries.
From the existing toppers’ list, I am tempted to reject General Motors, given the current crisis situation of the company. The downfall in ranking for the company may not be too heavy, but it looks like that GM may not be able to stick to the slot of the top ten. Wal-Mart is expected to remain the topper owing to its aggressive foray into the international market and the fact that the retail industry is poised for a phenomenal boom in the recent future. Home Depot, even though a “category killer” in retail should not be far away from Wal-Mart, the current ranking for the same being 14. The winners’ chart should also see Exxon Mobil among the top five owing to its remarkable R&D efforts, innovations in upstream and downstream operations and also due to exponential growth in oil demand. Marathon Oil is catching up too and given it may not be very far away from Exxon Mobil. Google and Amazon.com, even though they not figure among the top hundred, might just make it to the top ten keeping in view their remarkable innovations and operational efficiencies. In fact Google has bagged the 15th rank among the fastest growing companies on Fortune 500. Ford Motor should continue to enjoy its leadership in the automobile sector and is expected to topple GM by a considerable extent. From the banking side, Citigroup will continue to play steady as it still has a good edge over most banks and its competitive edge lies in its volumes of operation, customer retention and marketing strategies. In fact, Bank of America is expected to be in tie with Citigroup as both are at cut throat competition with each other. GE is expected to stay on the toppers’ list as well owing to its lust for innovations in home products to financial services.
So the winners are:
Wal-Mart
Exxon Mobil
Citigroup
Bank of America
Ford Motor
Home Depot
General Electric
Amazon.com
Google
Marathon Oil
The Fortune 500 list, at least on the top rungs continues to maintain a constant composition for the past few years. Once again, in 2006, Exxon Mobil, Wal-Mart, General Motors, Chevron, Ford Motor, Conoco Philips, GE, Citigroup, AIG and IBM have topped the charts with a slight permutation in the rankings. The big question is, shall we see the same list in 2056? Addressing this question becomes a bit easier after having a look at the industries that may be expected to rein supreme fifty years down the line. The top Fortune 500 industries in terms of return on revenue are: crude oil production, retailing, banking, communications, pharmaceuticals, insurance, metals, home builders, computers and automobile. It is not an exaggeration to expect a bull run for growth of these industries owing to an optimistic picture in global infrastructure and services industry. Even though the company-industry correlation may not be perfectly positive, it is probably a safe assumption to make that majority of the top Fortune 500 companies in 2056 will emerge from these industries.
From the existing toppers’ list, I am tempted to reject General Motors, given the current crisis situation of the company. The downfall in ranking for the company may not be too heavy, but it looks like that GM may not be able to stick to the slot of the top ten. Wal-Mart is expected to remain the topper owing to its aggressive foray into the international market and the fact that the retail industry is poised for a phenomenal boom in the recent future. Home Depot, even though a “category killer” in retail should not be far away from Wal-Mart, the current ranking for the same being 14. The winners’ chart should also see Exxon Mobil among the top five owing to its remarkable R&D efforts, innovations in upstream and downstream operations and also due to exponential growth in oil demand. Marathon Oil is catching up too and given it may not be very far away from Exxon Mobil. Google and Amazon.com, even though they not figure among the top hundred, might just make it to the top ten keeping in view their remarkable innovations and operational efficiencies. In fact Google has bagged the 15th rank among the fastest growing companies on Fortune 500. Ford Motor should continue to enjoy its leadership in the automobile sector and is expected to topple GM by a considerable extent. From the banking side, Citigroup will continue to play steady as it still has a good edge over most banks and its competitive edge lies in its volumes of operation, customer retention and marketing strategies. In fact, Bank of America is expected to be in tie with Citigroup as both are at cut throat competition with each other. GE is expected to stay on the toppers’ list as well owing to its lust for innovations in home products to financial services.
So the winners are:
Wal-Mart
Exxon Mobil
Citigroup
Bank of America
Ford Motor
Home Depot
General Electric
Amazon.com
Marathon Oil
posted by Poulami Bhattacharya @ 7:18 AM
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