Chapter 15 of your text identified several elements shared by innovative organizations. Fast Company has identified some of the most innovative companies in the world.

The World's 50 Most Innovative Companies.(2021). Fast Company, 243, 30-93.

Using theFast Companyarticle as well as the material from Chapter 15 of the text, address the following in your response:

• Define 'innovation'' in own words.
• Describe why innovation is necessary for a company to remain competitive in a global economy.
• Review theFast Companyarticle regarding the top innovative companies.
• From the article, choose two examples of innovation to share with your classmates.
• Identify what about these two examples was innovative for the company and/or the industry.