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What We Can Learn From . . .
What is Innovation?
“Fresh thinking that creates value.”
Richard Lyons
Who’s On The List?
78% 4%4%
2%
4% 2%4%
2%
2%
Brazil
Canada
Mauritius
Norway
Singapore
Sweden
The Broader
Innovation Picture
Global Innovation Index
Top 20 Rankings:
• Switzerland
• Netherlands
• Sweden
• United Kingdom
• Singapore
• United States
• Finland
• Denmark
• Germany
• Ireland
• Israel
• South Korea
• Japan
• Hong Kong
• Luxembourg
• France
• China
• Canada
• Norway
• Australia
World Bank Ease of
Doing Business Rankings:
• New Zealand
• Singapore
• Denmark
• Hong Kong
• South Korea
• Georgia
• Norway
• United States
• United Kingdom
• Macedonia, FYR
• United Arab Emirates
• Sweden
• Taiwan
• Lithuania
• Malaysia
• Estonia
• Finland
• Australia
• Latvia
• Mauritius
Outlier
Key Industries Represented
E-commerce is reframing innovation
E-commerce
Food
Media
Software
EducationFinance
Medical Sports
Services
Hospitality
Transportation
Consumer
Electronics
Beauty
Apparel
Retail
Not all innovation
is the same
What Types Were Represented?
Product &
Process
Innovation Still
Reigns
2018
Comparisons
Describing
Innovative
Companies
1: Mobility Plus
Applying Innovation to New Sectors
• A core ride-hailing service (O2O)
• Custom rides:
• Family
• Pets
• Rentals
• Building out:
• Financial services
• Food delivery
• Package delivery
Grab #2 / Industry: E-commerce / Country: Singapore /
Founded: 2012 / Type of Innovation: Process
2: New Models = New Life
Applying Innovation to New Sectors
• Continuing to acquire or
develop quality content
• Disney Plus ($7 per month)
• Consolidated tech platform
with Hulu and ESPN Plus
Walt Disney Company #4
Industry: Media
Country: United States
Founded: 1923
Type of Innovation: Business
Model
New Content Delivered Fresh
3: Breakthroughs for Good
Applying Innovation to New Sectors
• Coating to preserve food
• Use on avocados increased
sales by 10%
• Food waste costs 18 billion
annually
• “Significant positive change!”
• Scott Berkun
Apeel Sciences #7
Industry: Food
Country: United States
Founded: 2012
Type of Innovation:
Breakthrough
Reducing Food Waste and Creating Value
4: Experience Defines Success
Applying Innovation to New Sectors
• Dairy alternative oat milk
• Started with coffee shops
• Baristas are the sales people
• Packaging reinforces quality
Oatly #9
Industry: Food
Country: Sweden
Founded: 1994
Type of
Innovation:
Product
High Quality Product Sells Itself
Getting Innovation Done!
Key Skills to
Hire For
“Do you know what my
favorite renewable fuel is?
An ecosystem for innovation.”
Thomas Friedman
Everyone can get innovation done!

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What We Can Learn from Fast Company's Top 50 Most Innovative Companies 2019

  • 1. What We Can Learn From . . .
  • 2. What is Innovation? “Fresh thinking that creates value.” Richard Lyons
  • 3. Who’s On The List? 78% 4%4% 2% 4% 2%4% 2% 2% Brazil Canada Mauritius Norway Singapore Sweden
  • 4. The Broader Innovation Picture Global Innovation Index Top 20 Rankings: • Switzerland • Netherlands • Sweden • United Kingdom • Singapore • United States • Finland • Denmark • Germany • Ireland • Israel • South Korea • Japan • Hong Kong • Luxembourg • France • China • Canada • Norway • Australia World Bank Ease of Doing Business Rankings: • New Zealand • Singapore • Denmark • Hong Kong • South Korea • Georgia • Norway • United States • United Kingdom • Macedonia, FYR • United Arab Emirates • Sweden • Taiwan • Lithuania • Malaysia • Estonia • Finland • Australia • Latvia • Mauritius Outlier
  • 5. Key Industries Represented E-commerce is reframing innovation E-commerce Food Media Software EducationFinance Medical Sports Services Hospitality Transportation Consumer Electronics Beauty Apparel Retail
  • 7. What Types Were Represented? Product & Process Innovation Still Reigns 2018 Comparisons
  • 9. 1: Mobility Plus Applying Innovation to New Sectors • A core ride-hailing service (O2O) • Custom rides: • Family • Pets • Rentals • Building out: • Financial services • Food delivery • Package delivery Grab #2 / Industry: E-commerce / Country: Singapore / Founded: 2012 / Type of Innovation: Process
  • 10. 2: New Models = New Life Applying Innovation to New Sectors • Continuing to acquire or develop quality content • Disney Plus ($7 per month) • Consolidated tech platform with Hulu and ESPN Plus Walt Disney Company #4 Industry: Media Country: United States Founded: 1923 Type of Innovation: Business Model New Content Delivered Fresh
  • 11. 3: Breakthroughs for Good Applying Innovation to New Sectors • Coating to preserve food • Use on avocados increased sales by 10% • Food waste costs 18 billion annually • “Significant positive change!” • Scott Berkun Apeel Sciences #7 Industry: Food Country: United States Founded: 2012 Type of Innovation: Breakthrough Reducing Food Waste and Creating Value
  • 12. 4: Experience Defines Success Applying Innovation to New Sectors • Dairy alternative oat milk • Started with coffee shops • Baristas are the sales people • Packaging reinforces quality Oatly #9 Industry: Food Country: Sweden Founded: 1994 Type of Innovation: Product High Quality Product Sells Itself
  • 13. Getting Innovation Done! Key Skills to Hire For “Do you know what my favorite renewable fuel is? An ecosystem for innovation.” Thomas Friedman
  • 14. Everyone can get innovation done!

Editor's Notes

  1. Email jonhirst@generousmind.com with a list of the 7 countries that each had one company on the list and I’ll give you a free
  2. “We built Alfred to create time for people to do what they love.” Marcela and Jessica, co-founders Values: integrity, empathy, excellence, act like an owner, listen, learning, grit, fun
  3. “We built Alfred to create time for people to do what they love.” Marcela and Jessica, co-founders Values: integrity, empathy, excellence, act like an owner, listen, learning, grit, fun
  4. “We built Alfred to create time for people to do what they love.” Marcela and Jessica, co-founders Values: integrity, empathy, excellence, act like an owner, listen, learning, grit, fun
  5. “We built Alfred to create time for people to do what they love.” Marcela and Jessica, co-founders Values: integrity, empathy, excellence, act like an owner, listen, learning, grit, fun