Fortune magazine last issue (March 7th, 2005) is dedicated to "The world’s most admired companies". Fortune took the opportunity to ask Hay Group to conduct a special survey on innovation. Hay Group polled 160 companies on the subject of innovation, which is one of the nine attributes on which the world’s most admired companies rankings are based.
The three best rated companies on the innovation topic are :
- FedEx
- Procter & Gamble
- Alcoa
"Innovation is not something you can simply invoke or turn on or off" says Hays Group vice president Mel Stark. Hays study suggests instead it takes a stable environment made of discipline and organisation.
Full article can be read at : www.fortune.com/fortune/mostadmired/articles/0,15114,1032462,00.html
One thought on ““What it takes to innovate””
As per my knowlwdge as well ur artical “INNOVATION” is a differentiator which will create a new ocean of new customer as well New Market With New stretagy with New market demand.