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HOW INNOVATIVE COMPANIES KEEP RULING THE WORLD

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Companies who have been able to stay for decades and even centuries, are companies who have constantly thought about innovation and who have applied the rule and method of innovation into their business.

Innovation in its modern meaning is ‘’a new idea, creative thoughts, new imaginations in form of a device or method’’. Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. - Wikipedia

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No company just sprung out of the ground without having a person who is the brain behind it, every company certainly has a brain who is behind every of its decision and that is the position of the leader of the company. The role of a company leader cannot be ignored because every decision needs to go through the leader of the company and this means that the success or failure of a company depends highly on the role played by the leader of the company.

Great researchers took their time to understand how the leaders of the top creative companies behave and they found out that these leaders has similar characters that makes their business remain at the top innovating list.

Similar attributes possessed by various leaders of top innovative companies.

These leaders were found to be people who always loved to ask intelligent questions: Questions drive the spirit to get result, whenever these leaders saw something different, they ask questions about how those products or problems came into existence and how possible it was to create something that will serve as a solution to the problems.

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Based on their desires to get answers to their questions, they begin to carry out various research, they regularly go out of their comfort zone to practically study the situation of things and how they can come into the picture and provide a solution to the problem on ground.

These leaders surround themselves with people who are innovative thinkers, they know that they do not have the ability to solve all the problems on their own and the best way to make every of their task easy, is by employing people who also have an innovative mentality. They know that making the mistake of hiring less innovative thinkers will result in the company being drawn backward all the time, but a team with good innovation will produce speed and accuracy.

Innovative leaders are big time risk takers, they do not look back on their desires to do something big as they give in their all into the project not placing attention to the consequence of their actions. Companies that have stayed behind or that have failed as things change are those companies who are always scared of doing things differently because they do not want to lose.