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What We Can Learn From . . .
What
Innovation
Isn’t
What is Innovation?
“Fresh thinking that creates value.”
Richard Lyons
“Significant positive change.”
Scott Berkun
Who’s On The List?
Still US heavy but diversifying . . .
74% 4%8%
2%
Key Industries Represented
Media and Finance are the clear leaders
Not all innovation
is the same
What Types Were Represented?
Product &
Process
Innovation Still
Reigns
0
2
4
6
8
10
12
TYPES OF INNOVATION
Who’s On The List?
Describing Innovative
Companies
1: Integrate Everything
Bringing together diverse elements to create value
• Highly personalized concierge
• Connecting to new products
• Bringing value to whole
buildings
• AI connects the dots
Alfred #48
Industry: Services
Country: US
Founded: 2014
Type of Innovation:
Service
2: Native to Tech
Allowing tech to play a key role at every level
• Connecting US teachers with
Chinese students
• Video-based learning
• Asynchronous follow-up
VIPKid #29
Industry: Education
Country: China
Founded: 2013
Type of Innovation: Disruptive
3: Transformational Connections
Engaging stakeholders deeply
• Connecting with governments
to develop traffic solutions
• Connecting with drivers for
the “common good”
• Connecting drivers to each
other to create “driving
communities”
Waze #28
Industry: Transportation
Country: US
Founded: 2009
Type of Innovation:
Outcomes Driven
4: Lifelong Learning
Developing a posture of humble learning
• Value innovation
• Bringing in new talent to
redefine clothing line
• Owning its history
Gucci #30
Industry: Apparel
Country: Italy
Founded: 1920
Type of Innovation:
Product
5: Simplicity Beyond Complexity
Delivering simple, elegant solutions with ease
• “Square works for every
business”
• Ease of use
• Transparency of fees
• Ancillary services and apps to
increase convenience
Square #3
Industry: Finance
Country: US
Founded: 2009
Type of innovation:
Outcomes Driven
Hiring for Innovation
Key Skills to
Hire For
“Innovation is always a
balancing act of staying
true to your vision and
re-examining your
assumptions.”
Greg Satell
Every organization can have a culture of innovation!

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Learning from Fast Companies' List of 50 Most Innovative Companies

  • 1. What We Can Learn From . . .
  • 3. What is Innovation? “Fresh thinking that creates value.” Richard Lyons “Significant positive change.” Scott Berkun
  • 4. Who’s On The List? Still US heavy but diversifying . . . 74% 4%8% 2%
  • 5. Key Industries Represented Media and Finance are the clear leaders
  • 7. What Types Were Represented? Product & Process Innovation Still Reigns 0 2 4 6 8 10 12 TYPES OF INNOVATION
  • 8. Who’s On The List? Describing Innovative Companies
  • 9. 1: Integrate Everything Bringing together diverse elements to create value • Highly personalized concierge • Connecting to new products • Bringing value to whole buildings • AI connects the dots Alfred #48 Industry: Services Country: US Founded: 2014 Type of Innovation: Service
  • 10. 2: Native to Tech Allowing tech to play a key role at every level • Connecting US teachers with Chinese students • Video-based learning • Asynchronous follow-up VIPKid #29 Industry: Education Country: China Founded: 2013 Type of Innovation: Disruptive
  • 11. 3: Transformational Connections Engaging stakeholders deeply • Connecting with governments to develop traffic solutions • Connecting with drivers for the “common good” • Connecting drivers to each other to create “driving communities” Waze #28 Industry: Transportation Country: US Founded: 2009 Type of Innovation: Outcomes Driven
  • 12. 4: Lifelong Learning Developing a posture of humble learning • Value innovation • Bringing in new talent to redefine clothing line • Owning its history Gucci #30 Industry: Apparel Country: Italy Founded: 1920 Type of Innovation: Product
  • 13. 5: Simplicity Beyond Complexity Delivering simple, elegant solutions with ease • “Square works for every business” • Ease of use • Transparency of fees • Ancillary services and apps to increase convenience Square #3 Industry: Finance Country: US Founded: 2009 Type of innovation: Outcomes Driven
  • 14. Hiring for Innovation Key Skills to Hire For “Innovation is always a balancing act of staying true to your vision and re-examining your assumptions.” Greg Satell
  • 15. Every organization can have a culture of innovation!

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. Cindy Mi, the world’s largest English learning platform for kids VIPKID has more than 30,000 teachers, over 150,000 paying students and 500,000 registered students Teachers are familiar with tech Kids use it every day Using tech as the link between Chinese kids and US teachers
  4. Waze is all about contributing to the 'common good' out there on the road. By connecting drivers to one another, we help people create local driving communities that work together to improve the quality of everyone's daily driving. That might mean helping them avoid the frustration of sitting in traffic, cluing them in to a police trap or shaving five minutes off of their regular commute by showing them new routes they never even knew about.
  5. Influential, innovative and progressive, Gucci is reinventing a wholly modern approach to fashion. Under the new vision of creative director Alessandro Michele, the House has redefined luxury for the 21st century, further reinforcing its position as one of the world’s most desirable fashion houses. 
  6. Helps with invoicing, ecommerce, appointments related to billing, integration with quickbooks