Fortune 500

Reasons to Work for a Fortune 500 company

- Salary - Benefits (Health care, pension, education reimbursement, student loan repayment, better stability, foreign operations, speciality specific

China accounts for ____ companies on the fortune 500 list

129

U.S GDP

21 Trillion (21,000,000,000,000)

Pizza Team

"If you can't feed a team with 2 pizzas, it's too big" Groups of 7 or fewer - Jeff Bezos

Fortune 500 #6

UnitedHealth Group - David Wichmann - Illinois State University

Meritocracy

- Hiring an individual that is right for the job - A system in which the talented are chosen and moved ahead on the basis of their achievement - Refers to the hiring of a non-majority male.

3 Expatriate Fortune 500 CEOs

1. Alphabet/Google - Sundar Pichai - Indian Institute of Tech, Stanford & The Wharton School 2. PepsiCo - Ramon Laguarta - Thunderbird School of Global Management & ESADE Business School 3. Microsoft - Satya Nadella - Manipal Institute of Tech, University of Wisconsin & University of Chicago

5 Woman Fortune 500 CEOs

1. Kohls #156 - Michelle Gass - Worcester Polytechnic Institute & University of Washington 2. Best Buy - Corie Barry - College of St. Benedict 3. Lockheed Martin - Marillyn Hewson - Columbia Business School, The University of Alabama & Harvard 4. IBM - Ginni Rometty - Northwestern University 5. General Dynamics - Phebe Novakovic - Smith College & Wharton School of Business

3 African American Fortune 500 CEOs

1. Merck & Co #76 - Kenneth Frazier - Pen State & Harvard 2. TIAA #79 - Roger Ferguson Jr. - Harvard and Pembroke 3. Lowes - Marvin Ellison - University of Memphis and Emory University

3 Hispanic Fortune 500 CEOs

1. United Airlines - Oscar Munoz - USC & Pepperdine 2. ADP - Carlos Rodriguez - Harvard 3. Ryder - Robert Sanchez - University of Penn & University of Miami

U.S accounts for _____ companies on the fortune 500 list

121

If you add up ALL revenues from the U.S Fortune 500 companies, what does it amount to?

14 Trillion (14,000,000,000,000) 70% of U.S Economy (2/3)

Fortune 500 #9

AT&T - Randall Stephson - University of Central Oklahoma

Fortune 500 #5

Amazon - Jeff Bezos - Princeton University

Fortune 500 #10

Amerisourcebergin - Steven Collis -University of Witwatersrand

Fortune 500 #3

Apple - Tim Cook - Auburn University & Duke University's Fuqua School of Business

Fortune 500 #4

Berkshire Hathaway - Warren Buffet - Wharton Business School & University of Nebraska-Lincoln

GDP formula

C + G + I + (Exports - Imports) C: Consumer Expenditures G: Government Expenditures I: Corporate Investments

Fortune 500 #8

CVS Health - Larry Merlo - University of Pittsburg School of Pharmacy

How does the Fortune 500 differ today than 20 years ago?

China wasn't in the game. They now account for 129 of the Global Fortune 500 Companies

Fortune 500 #2

Exxon Mobil - Darren Woods - Texas A&M University & Northwestern's Kellogg School of Management

Foreign Posting

Same company in different countries

Liaison

Small groups to watch what the company is doing (aka audit)

Fortune 500

Top 500 companies that Fortune Magazine's ranked by revenue.

Fortune 500 #1

Walmart - Doug McMillon - University of Arkansas & University of Tulsa

Foreign Posting

Having the same company in a different country

2 entities (clash of titans)

Governments and companies are in a constant battle; government tries to regulate companies while they do their best to have their path clear from government interference.

Fortune 500 #7

McKesson - Brian Tyler - University of Chicago & UCSC