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InnovationReport2025
Howtopcompaniesscaleboldideas
BAINCOMPANY
1
InnovationReport2025
Contents
Howtopcompaniesscaleboldideas 2
BuilttoReinvent:TheStrategyofInnovation 3
InnovationRewired:WhenImaginationMeetsAI 7
HumanInsightsatSpeed,withAI 13
BuilttoBeBold:WhytheBestInnovatorsRunTwoSystems 17
2
Howtopcompaniesscaleboldideas
ByMarissaDent
Dearcolleague:
Wespoketotheworld’sboldestinnovators.Here’swhattheyhaveincommon.
FastCompany’s50MostInnovativeCompaniesisaglobalsnapshotofbrandsreshapingbusiness,tech,andculture.Whenwesurveyedand
interviewedaselectionofthisyear’sleaders,clearpatternsemerged.
Innovationistheirstrategy—almostallaimtogrowbeyondtheircore.
Theydon’toutspendtheirpeersonRD;theyspenddifferently,focusingontransformativeinnovation.Andtheyconquerriskaversionby
separatingtheirbigbetsfromeverydayinnovations.
Nosurprise,AIalreadyplaysacentralandgrowingrole.Butit’snosubstituteforimaginationorunderstandingrealcustomerneeds.Instead,leadersuseAItodreambiggerandknowtheircustomersbetter.Muchbigger.Andmuchbetter.
MarissaDent
GlobalLeader,BainInnovationandBusinessBuilding
3
BuilttoReinvent:TheStrategyofInnovation
Thebestinnovatorsarecommittedtogrowthbeyondtheircoreandpursueitwithclarityandcapitaldiscipline.
ByMarissaDent,DuniganO’Keeffe,MikaelaBoyd,DennisJones,andEvaSavioz
AtaGlance
PubliccompaniesinFastCompany’slistof50MostInnovativeCompaniesoutperformtheirsectorpeersintotalshareholderreturn,suggestingthathighperformanceininnovation
correlateswithhigherfinancialperformance.
Almostalltopinnovatorswesurveyedplantoenternewsectorsormarkets,demonstratingacommitmenttogrowthbeyondtheircore.
AbouthalfoftheleadinginnovatorsdonotoutspendtheirsectorpeersonRD,suggesting
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