Wednesday, August 14, 2019

Evaluate the organizations innovation strategy Essay

Evaluate the organizations innovation strategy - Essay Example The retailer knows the danger of clogging up drains with grease and that is why it adopted bio-diesel made from waste brown cooking grease in its stores. The company saves an enormous portion of cash from green produce grown in United States. The production is made possible by Wal-Mart’s interaction with local suppliers and growers that fill its grocery stores with products on the prompt basis. The company’s innovation technology features other eco-friendly products such as organic cotton for making clothes. The strategy has enabled the company to save on cash and create a safe environment for its customers (Hurst, 2012). The innovation strategy has also led to high productivity, competitive positioning, and quality. Wal-Mart retains its market share in the retail industry and as the leading retailer in United States. The goal of the Wal-Mart is to change the world through eco-friendly innovations, and it has sustained the company in the market for the last

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