By Alan Murray and David Meyer
February 15, 2018

Good morning.

“Talent must lead strategy.” That’s the message of a new book coming out next month from three titans of the business advisory world: McKinsey chief Dom Barton, Korn Ferry’s Dennis Carey, and author Ram Charan. In today’s rapidly changing business world, they argue, strategy can no longer be handed down in five-year plans from the C-suite. Instead, it involves people “sensing and seizing new opportunities in a rapidly changing environment.” And that gives the edge to companies with the best talent. Talent, the authors argue, is today’s key to business success.

That’s why the Fortune 100 Best Companies to Work For list has become, over the last 20 years, our most popular franchise. It grabs the attention not only of people looking for jobs, but of companies eager to learn how to attract the best and brightest. The list is based on a thorough methodology, including an extensive employee survey, developed by Great Place to Work, that you can read about here. And companies know that securing a place on the list can help them win the battle for talent.

But enough with the buildup. This year’s top ten, out this morning:

1. Salesforce
2. Wegmans
3. Ultimate Software
4. The Boston Consulting Group
5. Edward Jones
6. Kimpton Hotels
7. Workday
8. Genentech
9. Hyatt Hotels
10. Kimley-Horn

You can see the full list of 100 here. Getting on the list is not just a matter of good pay and benefits—although that clearly helps. Kimley-Horn, for instance, provides an unheard of 2-1 match in its 401-k program; Wegmans gives generous scholarships to many of its young people.

It’s also about giving employees a sense of being truly valued, and a sense of purpose. Many of the employees of these companies talk about a “family” environment. Salesforce, which took the top spot for the first time this year, is known for its 1-1-1 pledge—it gives 1% of its equity, 1% of employees’ time, and 1% of its products to charity.

Also out this morning, Aaron Pressman’s fascinating story about T-Mobile CEO John Legere’s unique approach to attracting talent. Legere summarizes his management philosophy this way: “Listen to employees, listen to customers, shut the fuck up, and do what they tell you.” He doesn’t adhere too slavishly to that third point, but his method has brought him success. T-Mobile’s revenues have doubled in the five years since the brash and trash-talking CEO took the helm.

More news below.

Alan Murray


You May Like