Future Innovation Capabilities of Tesco

CW2: Individual Report: A full report
comprising an action plan roadmap for the
development and implementation of the
innovation capabilities of the Tesco
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Contents
Executive Summary.........................................................................................................................3
Introduction......................................................................................................................................4
The Future of the Industry 2020 and Beyond..............................................................................4
Organisational innovation requirements 2020 and beyond.........................................................5
Building of the future innovation capabilities for an organisation..............................................7
Conclusion.......................................................................................................................................8
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Executive Summary
This report is the continuation of CW1 where focus is provided over future innovation
capabilities of Tesco. In CW1, identified about the historical development of Tesco along with
current performance in marketplace. Now, in CW2 identifying future innovation capabilities and
industry trends. It has been identifying that future trends of retail industry is digitalisation that
will be beneficial for them in achieving better outcomes within minimum time. In future,
digitalisation work in different ways such as providing services to the customers through drone,
Doddle Parcels etc. These will be effective and useful for them in increasing of their capabilities within
future. Google self-driving cars are best innovation for retail industry. This will help them in protecting of
environment from the pollution. In this car, there will be no requirement of men because this is an
automatic car delivering the services to the customers. Main feature of this car is to pick up the product
from company to provide this to the customer at their place.
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