Fortune Names CBRE One of America’s Most Innovative Companies
CBRE Group, Inc. (NYSE:CBRE) has been recognized by Fortune as one of the Most Innovative Companies for the second consecutive year, being the sole commercial real estate services company to achieve this honor. The company's focus on talent, creativity, and collaboration has led to innovative solutions exceeding client expectations, as evaluated on product innovation, process innovation, and innovation culture dimensions.
03/27/2024 - 08:30 AM
DALLAS --(BUSINESS WIRE)--
CBRE Group, Inc. (NYSE:CBRE) today announced that it has been named to Fortune’s Most Innovative Companies roster for the second year in a row.
Less than 2% of the companies evaluated are deemed “most innovative” and CBRE is the only commercial real estate services company to receive this recognition.
“We hire talented people and then help them flourish in a culture that encourages creative thinking and company-wide collaboration,” said Vikram Kohli, CBRE’s chief operating officer. “This approach enables innovative solutions that consistently surpass our clients’ expectations.”
Fortune and its research partner Statista score companies on three dimensions: product innovation, process innovation and innovation culture. Product innovation evaluates a company’s products and services, covering aspects such as design, usability and uniqueness, while process innovation looks at a company’s product sourcing and production, marketing, sales and support. Innovation culture primarily reflects the company’s success at fostering creativity and an entrepreneurial spirit.
Drawing from a universe of some 15,000 companies, Fortune evaluated U.S. companies on a 100-point scale to determine the Most Innovative Companies. Scores for innovation culture and process innovation were partly based on a survey of more than 35,000 people. Over 8,000 responses from experts in various fields were key in determining scores for product innovation and process innovation.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas , is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com . We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com . Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange Commission filings and public conference calls and webcasts.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240327895559/en/
Steve Iaco - Media
Steven.Iaco@cbre.com
Brad Burke - Investors
Brad.Burke@cbre.com
Source: CBRE Group, Inc.
What recognition has CBRE Group, Inc. (NYSE:CBRE) received recently?
CBRE has been named to Fortune’s Most Innovative Companies list for the second year in a row.
How many companies are considered 'most innovative' according to Fortune's evaluation?
Less than 2% of the companies evaluated are deemed 'most innovative'.
What dimensions are companies scored on in Fortune's evaluation?
Companies are scored on product innovation, process innovation, and innovation culture.
What aspects does product innovation evaluate?
Product innovation evaluates a company’s products and services, including design, usability, and uniqueness.
What does process innovation look at in a company?
Process innovation assesses a company’s product sourcing, production, marketing, sales, and support.
