The culture of innovation across the globe is more robust than ever. Here are 5 innovation trends excerpted from the full list of 12 from Fast Company's World's 50 Most Innovative Companies of 2014:
1) EXCEPTIONAL IS EXPECTED ..today's smartest businesses tend to laser-focus on just a few goals.... Yet from Google Fiber to Google Glass to investing in new health technologies, Google executes at a high level repeatedly. That's why it tops the list.
3. MAKING MONEY MATTERS….great businesses are self-sustaining. Dropbox (No. 4) and Airbnb (No. 6) are darlings of the venture set, but they also charge real customers real money for a product with real value. Unlike …pre-2008 whose business models rely on advertising for revenue (Facebook, Twitter, et al.), these enterprises are transaction based--and are reaping the rewards.
5. SUSTAINABILITY HAS FOUND A NEW GEAR…Today, energy efficiency, alternative fuels, and recycling are core advantages for successful enterprises.
Read the full post on Innovation & Institutions, Will It Blend? here:
Via Deb Nystrom, REVELN