The recent edition of Fortune Magazine (07 February) identifies the 100 Best Companies to Work For. Living in New England, it was easy to assume that the majority of firms identified were going to be local firms. For without question, we’re the best at innovation, entrepreneurship, creativity, information technology and marketing – just ask us!
The reality of the situation paints a less than optimistic picture for our region. Of the 100 Best Companies to Work For, only eight are located in New England.
Three are in the top 50 (Boston Consulting Group, Stew Leonard’s and Bingham McCutchen). Congratulations to the Boston Consulting Group for being ranked second nationally. You really are our cash cow. Stew Leonard’s climbed the most over its 2010 ranking and Bingham McCutchen dropped the most. Four are from Massachusetts, two from Rhode Island and two from Connecticut. Missing are companies from New Hampshire, Vermont and Maine.
The eight New England companies identified employ a total of 26,488 people and have a total annual growth rate of -1 percent. Certainly we can do better. Check that – our long term sustainable economic viability requires that we do better. Make your company fun, rewarding and exciting to work for today. The next list comes out in 11 months. The time has come (to borrow an extreme sports cliche) to go big or go home.