Transcript The Worlds Most Innovative Companies 499.pptx- (1).pptx

Businessweek.com
April 17, 2008 By Jena McGregor
Irwin, Jackie
Nunez, Genna
Pilon, Bethany
The recession debate shifts from
"what if" to "how long"
 "There's this sense of which shoe's going to drop next."
 Slashing research and development budgets just got a
lot more tempting. That high-risk product in your
pipeline, it's about to get much more scrutiny.
Two Schools of Thought
 "One is saying times are tough, so it's the most
important time for us to innovate."
 “We simply don't have the ability to think about
innovation right now. There's a real separation
between the innovation haves and have-nots."
50 Most Innovative Companies
 No finger-wagging Wall Street analyst is going to keep
them from doubling down on smart bets that will
position them well when the economy rights itself
again.
 "Strong companies understand this, and during a
recession, they invest."
Financial Services
1 Goldman Sachs Group (GS)
2 Bank of America (BOA)
3 Citigroup (C)
4 ING Groep (INGA)
5 JPMorgan Chase (JPM)
Pharma / Biotech / Health Care
1 Pfizer (PFE)
2 Merck (MRK)
3 Genentech (DNA)
4 GlaxoSmithKline (GSK)
5 Johnson & Johnson (JNJ)
Technology / Telecom
1 Apple (AAPL)
2 Google (GOOG)
3 AT&T (ATT)
4 Verizon Communications (VZ)
5 Microsoft (MSFT)
Entertainment / Media
1 Disney (DIS)
2 Apple ( AAPL )
3 News Corp. ( NWS)
4 Google ( GOOG )
5 Sony ( SNE )
Consumer Products
1 Apple ( AAPL )
2 Procter & Gamble ( PG )
3 Sony ( SNE )
4 Unilever ( UN )
5 Johnson & Johnson ( JNJ
Autos
1 Toyota Motor ( TM )
2 General Motors ( GM )
3 Tata Group
4 BMW ( BMW )
5 Honda Motor ( HMC )
Industrial / Manufacturing
1 General Electric ( GE )
2 3M ( MMM )
3 Boeing ( BA )
4 Caterpillar ( CAT )
5 Arcelor Mittal
Retail
1 Wal-Mart Stores ( WMT )
2 Target ( TGT )
3 Amazon.com ( AMZN )
4 Apple ( AAPL )
5 Tesco ( TESO )
Energy
1 BP
2 Exxon Mobil ( XOM )
3 Royal Dutch Shell
4 General Electric ( GE )
5 Chevron ( CVX )
Travel / Tourism / Hospitality
1 Marriott International ( MAR )
2 Hilton Hotels
3 Virgin Group
4 Starwood Hotels & Resorts Worldwide ( HOT )
5 Walt Disney ( DIS )
There can be an upside to the
downturn.
 Low-cost methods for creating new products are easier
than ever as emerging markets provide both cheap
labor and booming pockets for growth.
In the end, scarcity can be pretty
good at prompting new ideas
 Is this true?
 Are there any companies that should be added to the
list since 2008?
 Is a recession a time to innovate or a time to highlight
current offerings?