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BUSINESS NEWS AECOM ACHIEVES NO. 1 RANKING BY FORTUNE MAGAZINE AS THE WORLD’S MOST ADMIRED COMPANY IN ITS INDUSTRY AECOM, the trusted global infrastructure leader, announced that it has been recognized as the No. 1 ranking on Fortune magazine’s list of the World’s Most Admired Companies in its industry, marking the eleventh consecutive year the company has been recognized on this list. “Earning the top position in our industry on Fortune ’s World’s Most Admired Companies list is an incredible honor and a testament to the exceptional expertise and dedication of our people,” said Troy Rudd, AECOM’s chief executive officer. “Their unwavering commitment to innovation, technical excellence, and delivering transformative outcomes continues to set us apart as an industry leader, driving meaningful impact for our clients and the communities we serve.” AECOM accomplished numerous milestones throughout fiscal 2024 through the execution of its Think and Act Globally strategy, including the following highlights:
holding the number one position as top design firm in all key markets – including water, transportation, environment, and facilities. offerings through investments in organic growth by launching a new Water and Environment Advisory global business line to expand the advisory services for clients who are increasingly advancing challenging, multi-decade initiatives. Transformed service Continued to further strengthen the company’s employee value proposition, achieving record employee satisfaction scores and low attrition. Set several financial performance records, including for net service revenue, margins, earnings and cash flow.
company in our industry on Fortune ’s World’s Most Admired Companies list,” said Lara Poloni, AECOM’s president. “Through the collaboration of our teams, we’ve achieved record-setting results, expanded our offerings, enhanced our digital capabilities, and deepened client partnerships to advance our purpose of delivering a better world.” Fortune collaborated with Korn Ferry on this survey of corporate reputations and determined the best-regarded companies by asking executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and talent management to innovation and quality of products. AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. The company’s teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management.
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■ implementation of the company’s digital strategy, including responsibly leveraging AI to transform professional services delivery, enhance bid quality, win more work, and reallocate time to higher-value tasks. “We are proud to be named the no. 1 Advanced the
Gained market share as the number one ranked Water design firm by Engineering News-Record, now
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start shedding as much of it as possible. Of course, that’s easier said than done. Most of us “boomers” rationalize we need a place like ours for family gatherings; it’s nice, but our older girls each have nice homes we could go to and the country club we belong to has free rooms and great food and we could always go there. We don’t NEED what we have for such infrequent use. The point of all this is that we all complain about not having enough time. The AEC business is client- and deadline-driven. So much is out of our control and if we want to have successful companies, we have to do what we have to do when we need to do it. Then we have families and friends who need our time and attention. So why take up what little time we have that is not consumed by the business with all of our stuff? Does that make us happier? And what about personal overhead? You think your businesses are more likely to survive and thrive if you can leave more cash in them to fund the growth and get over humps? I do. I also think we are headed for a slowdown, even if it is only temporary. The bottom line: you will be less stressed and might find your business more successful if you can shed some of this baggage. We all would be! Mark Zweig is Zweig Group’s chairman and founder. Contact him at mzweig@zweiggroup.com.
MARK ZWEIG, from page 5
We have some friends who owned a $1.15 million house here in Fayetteville, Arkansas. They had a house in Scottsdale, multiple vacation homes in various places in Michigan, an Airbnb in Chicago, and also rented an expensive apartment in New York that was their primary residence. After one recently retired, they just sold four or five of those properties and gave up their rental, and bought a nice house in Michigan to retire to. Can you imagine the stress of trying to keep up with all of those homes? Between the maintenance, cleaning, utilities, and furnishing/decorating – along with 60- or 70-hour a week professional jobs, there would be no time for anything else. I have been there myself at one point when we had more than 60 highly leveraged houses and apartments and 44,000 square feet of commercial space, along with about 15 cars and 10 motorcycles. Too much to keep up with – and unnecessary. I can honestly say at this point in my life I have every single THING I could want. And probably three or four times as much as I need. I still hate to think about the mess my kids would inherit if my wife and I both passed away or were incapacitated and had to go into a facility somewhere. We still have way, way too much stuff in our huge house with a four car garage and massive closets with 10 times the clothes anyone needs. We need to
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THE ZWEIG LETTER MARCH 31, 2025, ISSUE 1579
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