Join getAbstract to access the summary!

The Most Innovative Companies 2016

Join getAbstract to access the summary!

The Most Innovative Companies 2016

Getting Past “Not Invented Here”

Boston Consulting Group,

5 min read
5 take-aways
Audio & text

What's inside?

To stay on top, companies must embrace both internal and external tech innovations.

Editorial Rating

8

Qualities

  • Analytical
  • Applicable
  • Background

Recommendation

To stay ahead of the competition, top companies must hunt for innovative ways to create value. But what is the best way to do that? In the Boston Consulting Group’s report on “The Most Innovative Companies 2016,” Michael Ringel, Andrew Taylor and Hadi Zablit explain how the most innovative companies are embracing external technology advancements. While it’s not always easy to change a business culture that shuns “not invented here” technologies, the trio provide three steps for overcoming this taboo. getAbstract recommends this analysis to all managers.

Summary

The digital revolution is having a clear impact on the top 50 most innovative companies identified by the Boston Consulting Group. While established tech companies like Apple and Google are still on top and “new digital disruptors” like Airbnb are also ranking, conventional manufacturing organizations like General Electric are succeeding because they embrace digital innovation. In today’s marketplace, tech and nontech companies alike must seek out external...

About the Authors

At the Boston Consulting Group’s Boston office, Michael Ringel is a senior partner and managing director. Andrew Taylor is a senior partner and managing director in Chicago. Hadi Zablit is a senior partner and managing director in Paris.


Comment on this summary

More on this topic

By the same authors

Related Channels