Medtronic
Headquarters: Minneapolis, MN, USA
2010 Revenue ($ millions):15,800
What makes it so great?
At Medtronic Canada, president Neil Fraser writes his employees a personal message during the holiday season, acknowledging individual accomplishments and letting the staff know that he appreciates each and every one of their contributions.
The medical technology company's Ireland division also has a take on inspiring innovation -- one that could rival Google's 20% time. The "myIdeas system" allows employees, no matter their function, to propose ideas, suggestions, and options, which are then evaluated by a cross-functional team for feasibility. More than 1500 ideas have been submitted since the program's founding -- and 40% of them have been implemented.