JOHNSON & JOHNSON The company's drive to develop novel solutions for the world's toughest healthcare challenges has earned it a spot on Fortune's second annual list.
From medical advances that tackle the world's most pressing healthcare challenges to an internal culture focused on encouraging new and creative ideas,
For company leaders, it's not just a trendy buzzword: A dedication to innovation has been instrumental since
Now, that innovative drive has been formally recognized. Today,
It's an honor the company also earned in 2023, when Fortune put
What makes a company innovative
To come up with the list, Fortune partnered with data firm Statista, which compiled an initial list of more than 25,000 companies in
Product innovation: how product and service design stand up in terms of usability and uniqueness, as well as innovations in research and development.
Process innovation: how innovative the company is in sourcing and production, marketing, sales and support.
Innovation culture: the extent to which a company internally fosters a spirit of entrepreneurship and creativity, allowing for the implementation of new ideas.
The company is no stranger to lists that honor top companies. For the 22nd year in a row, the company was recently named a 2024
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