"majority based outside the US: new global leaders coming out of Asia"
The survey suggests the crucial factor is a
mindset: a belief that innovation matters
• In China, 95% of executives said
innovation was the key to economic
• 90% and 89% of respondents in South
America and India
• In the U.S., only 72% said innovation was
21-question polls to senior executives
around the globe
• 1,590 anonymous respondents asked to
name the most innovative companies
from outside their own industry in 2009
• BCG factored in the financial
performance of the top vote-getters
• The final list weights the survey results
80%, stock returns 10%, and three-year
revenue and margin growth 5% each
"HTC is typical of Asia's ascendancy"
• Founded as a contract manufacturer
• Has long been the world's top maker of
mobile handsets using Windows Mobile
• Produced unbranded devices that bear
the logos of wireless giants: Verizon, T-
Mobile, Sprint Nextel, and Japan's NTT
• HTC is making and selling its own line of
smartphones around the world
Sept 2010: Warren Buffett and Bill Gates doing sales pitch for BYD
BYD: Li-ion batteries since 1997 for Motorola
and Nokia. Acquires in 2002 the Tsinchuan
• Maker of green cars and solar panels
• 2009: profits tripled to $555.5 million
• BYD makes $8,800 gas-powered cars
• Sells a $24,900 hybrid car in China
• Teamed up with Germany's Daimler
• BYD will sell electric cars in the U.S. 2010;
both hybrids and electrics in Europe by 2011
BYD S6 and Lexus RX 350 http://chinaautoweb.com/
"We believe in making a difference. Virgin stands for
value for money, quality, innovation, fun and a sense of
competitive challenge. We deliver a quality service by
empowering our employees and we facilitate and
monitor customer feedback to continually improve the
customer's experience through innovation.
When we start a new venture, we base it on hard research and analysis.
Typically, we review the industry and put ourselves in the customer's shoes to
see what could make it better. We ask fundamental questions: is this an
opportunity for restructuring a market and creating competitive advantage?
What are the competitors doing? Is the customer confused or badly served? Is
this an opportunity for building the Virgin brand? Can we add value? Will it
interact with our other businesses? Is there an appropriate trade-off between
risk and reward?"
"At Nintendo we are proud to be working for the leading company in our
industry. We are strongly committed to producing and marketing the best
products and support services available. We believe it is essential not only to
provide products of the highest quality, but to treat every customer with
attention, consideration and respect. By listening closely to our customers, we
constantly improve our products and services.
We feel an equal commitment toward our employees.
We want to maintain an atmosphere in which talented
individuals can work together as a team. Commitment
and enthusiasm are crucial to the high quality of our
products and support services. We believe in treating our
employees with the same consideration and respect that
we, as a company, show our customers."
"With the three brands, BMW, MINI and Rolls-Royce Motor Cars, the BMW
Group has its sights set firmly on the premium sector of the international
automobile market. To achieve its aims, the company knows how to deploy its
strengths with an efficiency that is unmatched in the automotive industry. From
research and development to sales and marketing, BMW Group is committed to
the very highest in quality for all its products and services. The company's
success to date is proof of this strategy's correctness.
The Megacity Vehicle, which will come onto the market
under a BMW sub-brand in 2013, will be a revolutionary
vehicle. Not only will it be fully electric and the world’s
first volume-produced vehicle with a passenger cell made
of carbon – it will also be built using a completely
different architecture to any vehicle seen before."
"In the last few years Tata has extended its global footprint, just as it has
enhanced its performance and competitiveness. One of the key drivers of this
critical transition has been innovation
Tata looks at innovation as a strategic approach to global
growth and has adopted a three-pronged strategy to
encourage it. The three key drivers are better
communication and recognition of innovative ideas and
efforts; facilities for learning from other companies; and
support for collaborative research and partnerships with
Tata Group Innovation Forum (TGIF): This initiative brings together a
community of ‘innovation enthusiasts’ from across Tata companies. The role of
TGIF members is to assist their companies in experimenting with ideas,
propagate the relevant ones and spread them through the enterprise.
Innovation workshops: Tata Quality Management Services invites experts to
talk about various aspects of innovation and share best practices with Tata
managers. Clayton Christensen, Langdon Morris and David Wittenberg are
among those who have held such workshops in the recent past.
Tata Innovation Day: Instituted to encourage creative thinking, this annual
event and contest recognises and awards innovation among Group companies.
Tata Innovation Mission: Under this programme, senior Tata executives visit
global companies to study how they foster innovation. These missions have
visited companies such as Microsoft, Intel, HP and 3M in the US, and Nissan,
Fuji, Ito En, Olympus, Toshiba and Hitachi in Japan.