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Dec 29, 2003
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The World's Most Influential Companies
by Jena McGregor

"Power lasts 10 years," goes an old Korean proverb. "Influence, not more than a hundred."

In a year that brought the mighty to their knees, some of the biggest players in business have seen their power whittled away. The once-venerated Lehman Brothers filed for bankruptcy in September. American International Group now bows to government officials after nearly collapsing under a web of risky bets. Even the blue-chip General Electric found itself going hat-in-hand to Warren Buffett.

As the proverb points out, influence has a shelf life, too. And it's probably getting shorter as the cycle of change accelerates. Companies that once wielded a seemingly unshakeable hold over their industries -- General Motors, Sony, Microsoft -- now find themselves following the lead of more nimble players such as Toyota, Apple, and Google. "There's no standing still," notes veteran strategy guru Gary Hamel. "Influence is like water, always flowing somewhere."

The Top 25:

1. Wal-Mart
2. Toyota
3. Saudi Aramco
4. JPMorgan Chase
5. Unilever
6. China Mobile
7. Microsoft
8. News Corp.
9. 3M
10. Apple
11. Google
12. Huawei
13. Monsanto
14. YKK
15. Nielsen
16. Jarden
17. Intuit
18. Autodesk
19. HCL Technologies
20. Japan Steel Works
21. Sirius XM
22. Facebook
23. SKS Microfinance
24. Li & Fung Ltd.
25. Craigslist
 
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