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Which industry excels at innovation? You'll be surprised


Which industry excels at innovation? You’ll be surprised
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File Photo: Procter & Gamble Co., Altria Group Inc., Philip Morris International Inc., Colgate-Palmolive Co., PepsiCo Inc., Coca-Cola Co. and Walmart Inc. all made the grade
(REUTERS)
Rick Wartzman,
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Of all the questions we’re asked by corporate executives trying to unpack our data, the one we get most often is, “How can my company be more innovative you know, like those in tech?
In light of our latest research, what they might want to ask instead is, “How can my company be more innovative, like those in consumer staples? ....

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The Best-Managed Companies of 2020 -- and How They Got That Way


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The technology giants that shape so much of our lives dominate in yet another way: They lead the pack of the country s best-run companies.
In a year when the coronavirus pandemic has devastated large swaths of the U.S. economy and reconfigured the ways millions of Americans shop, work, communicate and learn, tech stalwarts have remained in the uppermost echelon of the Management Top 250, an annual ranking based on the principles of the late management guru Peter Drucker.
In the 2020 lineup, Microsoft Corp. unseated Amazon.com Inc. as No. 1 by performing consistently well across each of the five main components of the overall ranking compiled by researchers at Claremont Graduate University s Drucker Institute: customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. ....

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