To explore the state of innovation, The Boston Consulting Group fields an annual innovation survey of thousands of senior-level executives. Since 2005, our survey has revealed the 50 companies that executives ranked as the most innovative. This interactive shows the dynamism of the survey results over time. You can explore rich performance data going back a decade, and you can also see which companies stand out for their movements on, off, and around the list.
BCG's rankings of the most innovative companies are based on a survey of senior executives representing a wide variety of industries in every region. Before 2008, our rankings of the most innovative companies were based on a single criterion—respondents' picks.
In 2008, in an effort to make the results more robust and truly reflective of the actual top innovators, we supplemented those choices with three financial measures: three-year total shareholder returns (TSRs), including stock price appreciation and dividends; three-year revenue growth; and three-year margin growth. We have used that methodology ever since. Respondents' votes count for 80 percent of the ranking, TSRs for 10 percent, and revenue and margin growth for 5 percent each.
Sources: 2005-2010 BCG/BusinessWeek Senior Executive Innovation Survey; 2012-2014 BCG Global Innovators Survey; BCG ValueScience Center analysis.
Note: BCG did not publish a survey in 2011, choosing instead to take a step back and redesign the survey to focus much more on how companies and industries innovate.
Revenue change (%) 10
EBIT change (%) 10
TSR change (%) 10
R&D spending change (%) 10