Just as America’s largest publicly held companies—represented by a ranking of their revenues on the annual Fortune 500 list—have yielded a lot of economic dynamism to small and mid-sized companies these days, so have the cities where they’re concentrated come to misrepresent the economic environments where they call home.
Three of the top five states for Fortune 500 headquarters in the magazine’s latest list, from 2015—No. 1 New York, No. 3 California and No. 4 Illinois—remain the three worst places for business in Chief Executive magazine’s “2016 Best & Worst States for Business” rankings.
Only the rankings of Texas and Ohio echoed stellar performances in the latest Best & Worst States for Business list.
Texas, No. 2 this year in Fortune 500 company headquarters, placed No. 1 once again in the Chief Executive rankings, for the 12th consecutive year. And Ohio, which enjoys the No. 5 ranking in Fortune 500 headquarters, leaped 12 places from last year on the Chief Executive list, by far the most of any state, to rank No. 10.
Here are the top 10 states for Fortune 500 headquarters from 2015 and their ranking in the 2016 Best & Worst States for Business list.
Over time, of course, the balance of large corporate headquarters changes; for instance, with General Electric deciding to move its home operations to Boston from Connecticut. But with large companies, such shifts typically take place over many years. So even though some of the best-ranking states for Fortune 500 headquarters are some of the worst states for doing business, they’re likely to stay that way.
Review the entire 2016 Best & Worst States for Business survey, including individual state rankings, CEO comments, methodology and more at https://chiefexecutive.net/2016-best-and-worst-states-for-business
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Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
