Summary of The Most Innovative Companies 2015

Four Factors That Differentiate Leaders

Boston Consulting Group, more...

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The Most Innovative Companies 2015 summary
The Boston Consulting Group examines four aspects of corporate innovation that are crucial for success.

Rating

7 Overall

9 Applicability

6 Innovation

7 Style

Recommendation

Innovation is increasingly important. In The Boston Consulting Group’s (BCG) study of the top 50 most innovative firms worldwide, roughly four out of five of 1,500 senior executives surveyed ranked innovation as either top priority or among the top-three priorities at their companies. Never since BCG started publishing this study in 2005 has the percentage been higher. Michael Ringel, Andrew Taylor and Hadi Zablit, all BCG employees, list and explain four factors that executives link to innovation success. getAbstract recommends their insights to anyone in charge of this critical, but elusive corporate skill. 

 

In this summary, you will learn

  • Which four factors most affect a company’s innovation
  • How to allow unsuccessful products to fail faster and more cheaply
 

Summary

Many executives highlight four aspects of the innovation process as crucial, and the most innovative companies of the past decade have emphasized the same parameters. They are:

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About the Authors

Michael Ringel, Andrew Taylor and Hadi Zablit are executives at The Boston Consulting Group.


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