How can you make a company work? It is a question that, in the last few years, all key managers have probably asked – or should have asked.
How do we get to success, how can we manage to go on and progress an industry, a holding company, a company?
These questions obviously are not easy to answer, otherwise all companies would be prosperous and none would ever fail.
Maybe for these questions there is not even a real answer.
Success is often the union of wisdom and fortune. But these are questions that it is inevitable to ask yourself and to keep asking yourself.
One can be happy with studying positive examples and the richest companies.
Which are they? Here are the first five identified by Forbes.
The oil of Esso
The American Exxon dominates the ranking of the richest companies in the world.
You’ve probably heard it mentioned a thousand times. Well, the Exxon Mobil, a leading American oil company in the world presents itself with a different symbol.
Founded in 1870 by John D. Rockefeller under the name of Standard Oil, the company has gone through a thousand vicissitudes and some antitrust law.
The Esso brand was originally created right from the initials of Standard Oil (S.O., in English, reads as It), but was later abandoned in 1973 on the US market.
Mobil was actually born of a separation of Standard Oil and a subsequent sale.
Today, thanks to the sale of petroleum-based fuels and lubricants, it dominates the global scene from Irving, Texas, although in 2015 all signs were negative. It has about 75 thousand employees and the CEO (and president) is Darren Woods.
The new Chinese colossus has grown enormously in recent years.
Founded in 1999, it is under the control of the state apparatus but is also open to private investors. From this point of view, the presence of Berkshire Hathaway, the most important global investment company, led by CEO Warren Buffet, is particularly relevant.
PetroChina is based in the Beijing area and is led by its chairman Zhou Jiping and its CEO Wang Dongjin.
The company’s shares are listed on New York and Hong Kong stock exchange. It does not trade in Europe, although in recent years it has expanded its interests well outside of China, with contracts with Australia and, for example, entering Canadian energy companies.
This growth was also favoured by the duopolistic regime of the Chinese gasoline market, which encouraged the consolidation of the company.
From electricity to diversification
General Electric has been a global giant for more than a century. Another major American historical company is in its third absolute position. The company was founded in 1892 by Thomas Alva Edison and active in various sectors.
General Electric has influenced many sectors, but the most important ones are electricity, lighting, household appliances, gas turbines, plastics, even nuclear reactors and locomotives.
The great variety of investments make General Electric the largest company in the world for the diversification of its products.
The head office is located in Fairfield, Connecticut, but the company is also present in Italy, where it was founded in 1921. The turnover of the Italian branch is around 6 billion euros yearly.
The richest car manufacturer in the world
The first car company in the world is placed fourth in the ranking: it is the Japanese Toyota. Founded in 1933 as a division of a former company specializing in the production of textile looms, the company became independent in 1937.
The name comes from the founder’s surname, Toyoda, but modified to make a distinction between the property and the company, both for reasons superstitious: the word Toyota can be written in Japanese with 8 brushstrokes, and the number 8 is a considered lucky in Japanese culture.
The great international growth of the brand is dated between the ’80s and’ 00s, when it managed to expand its market well beyond Asian. In addition to the cars produced directly by Toyota, the company also owns Hino and Lexus, and has found great success with some particularly resistant and economical models.
The first among the technological ones. After a long, very long growth, it has recently become the fifth richest company in the world. A growth that has seen a substantial acceleration in the last ten years. With the launch of the iPhone, the company has transformed from an esteemed medium-level company into an international giant, capable of influencing the economy of entire regions.
Founded by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976 in Cupertino, California. The business first started producing personal computers for the market. The first breakthrough came in the early 2000s with the iPod, which was followed by the aforementioned smartphone and the iPad. Today, after the death of Jobs, the company is led by Tim Cook, has more than 450 official stores in the world and has a turnover of 233 billion dollars.