If you Google the phrase "faith-based businesses," the results point to companies that pursue a religious agenda. But there's another kind of faith in business: the belief that a product or service can radically remake an industry, change consumer habits, challenge economic assumptions. Proof for such innovative leaps is thin, payoffs are long in coming (if they come at all), and doubting Thomases abound. Today, pundits fret about an innovation bubble. Some overvalued companies and overhyped inventions will eventually tumble and money will be lost. Yet breakthrough progress often requires wide-eyed hope.
In this special report on the World's Most Innovative Companies, there are plenty of examples to make you a believer ("I've never been more excited about the possibilities ahead of us," Nike CEO Mark Parker recently told me). Our staff has spent more than six months gathering and analyzing data. To generate our list of the 50 Most Innovative Companies--and the accompanying top 10 companies in various sectors--we assessed thousands of enterprises. From all that work, I've pulled out 12 rising trends. Risk of failure and collapse are always with us. But the culture of innovation across the globe is more robust than ever. We think that's worth celebrating.
FOR BECOMING A $350 BILLION GIANT THAT LETS LOOSE ALMOST TOO MANY INNOVATIONS AND MILESTONES TO COUNT.
BLOOMBERG PHILANTHROPIES
FOR DOING GOOD, METHODICALLY.
XIAOMI
FOR REINVENTING THE SMARTPHONE BUSINESS MODEL IN THE WORLD'S LARGEST MOBILE MARKET.
DROPBOX
FOR BECOMING THE EVERYTHING CLOUD.
NETFLIX
FOR CREATING GREAT TV IN A NEW CONTEXT, USING AN ALREADY-PROVEN MODEL.
AIRBNB
FOR MAKING THE MOST OF ITS HOSTS.
NIKE
FOR SETTING A SUSTAINABLE EXAMPLE.
ZIPDIAL
FOR TURNING A CONSUMER CHEAT INTO AN ASSET.
DONORSCHOOSE.ORG
FOR SETTING ITS SIGHTS ON EDUCATION REFORM. READ MORE »
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