Innovation Strategies from the Biggest Companies and Leaders (Part 1 of 4)

Innovation Strategies
Innovation Strategies

Sometimes, it’s hard to know where to start with innovation. You might want to make new ideas, while also incubating existing ones, while continuing current processes and routines uninterrupted, and so on. A good thing to do in this time is to see what the giants in all fields are doing because, after all, there’s a reason they’re giants.

This article is part of a four-part series where we will delve into this topic. The first two parts will be focused on the biggest companies, and the next two on smaller and lesser-known companies. So, without further ado, here are 4 of the most innovative leaders and companies of 2020 so far, and what you and your organization can learn from them:

1. Elon Musk

Elon Musk is a serial innovator and has created and built things nobody could ever imagine in their wildest dreams.

One thing that we learned from him this year is to be bold. His wacky tweets and hijinks may have seemed senseless, but Tesla’s stock price has skyrocketed to unbelievable levels, his businesses are booming like never before with massive government deals on the horizaon, and he has cemented his spot at the top of the world that’s about changing the world. Be bold and don’t be afraid to put your voice out there, no matter how wild it is.

2. Apple

We learned from Apple to do good. No matter how amazing or stunning what you do is, in the end it all comes down to how much you can give back and do good for the world. And over and above their usual charity and philanthropy work, Apple has really stepped it up this year.

They answered the call of the world during the coronavirus pandemic, and went so far as to partner with their sworn enemy Google, to create an exposure-tracking system that can be implemented by governments on every level to help people track whether they may have been exposed to COVID-19.

3. Microsoft

From Micosoft, we’ve learned to take a leap of faith. Microsoft had huge, public failures with the Lumia line with Nokia and the Windows Phone OS. But they’ve bounced back and are still making leaps and bounds with new, innovative products that transcend boundaries of what’s possible such as the upcoming Surface Duo phone that has been a massive hit and generated a lot of publicity.

4. Asus

From ASUS, we learn to enter new worlds. Their ROG phone II was greatly successful and this  year they have already released the ROG Phone III with stunning features such as a 144Hz screen and liquid cooling. Their foray into the gaming space has paid off great dividends.

These are the four of the most important lessons we’ve learned so far this year from the giants of our world. What did you think? Do you have any more? And what do you think the rest of 2020 holds for us and what we might learn from it? Let us know your thoughts in the comments below and make sure to watch this space for the next three parts coming soon!

PART 2: https://blog.sparkin.co/innovation-strategies-from-the-biggest-companies-and-leaders-of-2020-part-2-of-4/