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Technology & Innovation

The Future of Business Innovation

General Electric recently polled 1,000 business leaders in a dozen countries to get a sense for where business innovation is headed. The results? Companies must brace for big changes.

What do the world’s business leaders see as the future of innovation? “Three-quarters of executives said the way companies innovate in the 21st century will be totally different than the way they’ve innovated in the past. Most important, the rules and expectations of innovation are changing globally in three main ways. First, partnership is sacrosanct (86 percent of execs said innovation is about partnership rather than a single organization’s success). At G.E., there was a time when we believed we could solve the world’s problems on our own. That’s just not how the world works anymore.”


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