Urenio Watch Watch: Innovative Companies

Innovation Leaders for 2006

European consulting firm Innovaro has released its 2006 Innovation Leaders report, which details the innovation practices of over 1,000 global companies in 20 key sectors. The results are drawing upon assessment of a wide range of issues including financial performance, product launches, R&D effectiveness, brand impact and culture.

The key areas that Innovaro research and input into the assessments are:

1. Organisational culture and supporting structure
2. Strategic focus on innovation and its role in driving growth
3. Number of major new product launches and relative success ratios
4. Growth in revenues, profits and market capitalisation
5. Average margin per product or customer
6. Investment in innovation-related activities
7. Brand value and human capital growth
8. Peer review from within the sector

The performance of each of the above companies is summarised in an innovation scorecard. Furthermore the report provides:

  • Individual profiles of each leading company
  • Innovation scorecard and key data
  • Sector overview
  • Innovation drivers and ones to watch