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News Stories · Future Readiness

Future Readiness Indicator 2024

New data highlights how leaders in the finance, automotive, and consumer packaged goods sectors are readying themselves for a world of dramatic transformation
May 2024

World’s most future-ready companies demonstrate what it takes to face a world that’s changing fast

IMD’s Center for Future Readiness today publishes its latest ranking of the world’s top financial servicesautomotive, and consumer packaged goods (CPG) companies, showing how they are readying themselves for a world of dramatic transformation.  

Highlights from the 2024 Future Readiness Indicator report, which ranks 88 of the world’s largest finance, automotive, and consumer packaged goods (CPG) companies in terms of resilience, show that: 

  • Mastercard, Visa, DBS, and JPMorgan Chase continue to stay ahead of their competitors in the financial services sector through partnerships, acquisitions, and an increased focus on internal innovation. 
  • Tesla holds onto the lead in the electric vehicle auto ranking, but its uncontested leadership is being challenged on multiple fronts. Chinese titan BYD makes noteworthy progress as Chinese manufacturers’ progress signals a serious threat to established automakers. 
  • In consumer packaged goods, L’Oréal pulls ahead, and industry titans Coca-Cola, P&G, and Nestlé embrace technological innovation at an unprecedented scale to meet the demands of the modern consumer.

“Future readiness is always a work in progress,” said Howard Yu, Director of the Center. “Dropping places in the Future Readiness Indicator does not mean that a company is not moving forward – but if it is not improving fast enough, it risks being overtaken by its competitors.” 

For in-depth analytics and interactive comparative graphs please visit:  

Financial Services: The Future of Finance The future of finance: Who is winning the readiness race?

Automotive: Tesla’s crown is slipping: Mounting pressure in the shifting electric vehicle landscape

Consumer Packaged Goods: The tech-savvy consumer packaged goods revolution: How L’Oréal took the lead