Global Innovative Products

Introduction
y What is innovation? y Its Definition y How does it differ from invention?

Innovative global products

y Innovative Global Products was first introduced in

1995 to explore international road repair product opportunities as a division of the original Innovative North American Company that was incorporated in 1986. y CANADER is unique permanent road repair product that can be used in virtually any weather, which is just one of its many benefits.

TOP INNOVATIVE COMPANIES

Rank Company name Primary industry Walmart Retail Revenue Market capitalizatio n $192,098 Head quarters Bentonville, U.S Tokyo,Aichi Japan Cupertino, California

$421.849

Toyota motors

Automotive

$228.247

$136,891

Iphone

Networking

$221.955

$303,274

WAL-MART
y Founded by Sam Walton in 1962 y Largest public corporation when ranked by revenue y Wal-Mart has 8,500 stores in 15 countries y Wal-mart in India- Entered May 2009,

BhartiWalmart Private Limited (Bharti and Walmart hold a 50:50 stake) -BestPrice Modern Wholesale

SPECIFICATIONS
y Wal-Mart market y Finance and governance y Competition y Customer base y Wal-Mart's innovative product-Sam's Choice

TOYOTA
Founded by Kiichiro Toyoda in

1937 Largest conglomerate in the world. World's largest automobile manufacturer by production Strategy- follows 5 principles Most Innovative productInnova

TERRITORIAL SALES OF TOYOTA

GROUP UNITS %SHARE

Toyota GM Volkswagen

8,557,351 8,476,192 7,341,065

11.0 10.9 9.4

I PHONE
Marketed by Apple Inc. First I-phone was unveiled

by Steve Jobs
Five generations of I-

phone models
Functions of I-phone

SALES WORLDWIDE

CONCLUSION
y However developing an innovative product requires high

creative thinking, yet it can be both boon as well as bane depends on how we utilize it y By 2020, it has been surveyed that double the products that are present now will be manufactured innovatively.