For each company, there is a percentage, either plus or minus, concerning the company's relative performance over a fixed period of time based on three parameters: stock return, revenue growth and margin growth. As with nearly all such company rankings, however, there is only a general description of the metholodgy used and no apparent link to any more detailed report where the supporting these results can be considered.
"Bloomberg Business Week's Most Innovative Companies special report is based on data from longtime partner Boston Consulting Group (BCG). Last December the consultancy e-mailed a 21-question poll to senior executives around the globe. The 1,590 respondents, who answered anonymously, were asked to name the most innovative companies from outside their own industry for 2009. BCG then factored in the financial performance of the top vote-getters. The final list weights the survey results 80%, stock returns 10%, and three-year revenue and margin growth 5% each.For the 2010 report, BCG changed the survey's distribution so that responses better reflected each country's share in the world economy. That meant fewer questionnaires to India, Italy, Spain and the U.S. and more to Germany, Japan, and other countries in Asia. To improve the response rate, BCG also translated the poll into Japanese and Chinese. BCG found that the recalibrated sample may have altered the rankings of individual companies by a few places, but it did not account for the tilt away from the U.S. and toward the rest of the world. Performance and reputation did."
1. "Fifteen of the top 50 are Asian--and for the first time since the rankings began in 2005, the majority in the top 25 are based outside the U.S."2. "We're starting to see the beginning of a new world order. The developed world's hammerlock on innovation leadership is starting to break."