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Innovation and Sustainability at L'Oreal

   

Added on  2022-10-16

9 Pages724 Words16 Views
Innovation and
sustainability at
L’Oreal

About L’Oreal and the innovation
The core business of L’Oreal S.A. is marketing superior
quality skincare products.
The purpose of the company is expressed by the catch
line which reads, ‘Beauty for all’.
The size of the business of the company spans around
more than twenty nations in the world.

Innovation strategies and monitoring
process
Implementation of an innovation plan Time(mon
ths)
The management of L'Oreal holds meeting
with the regional heads to form strategies
about the innovation
1
Regional heads hold meeting with their
subordinates to inform about the innovation
2
Management approves allocation of funds
towrads implementation of innovation
1
Acqyuisuition of resources to implement
innovation 1
Training of employees 3
Implementation of innovation 2
Monitoring of outcome by management 6
Taking further actions 6
Implementation of an
innovation plan
The management of
L'Oreal holds meeting
with the regional heads to
form strategies about the
innovation
Regional heads hold
meeting with their
subordinates to inform
about the innovation
Management approves
allocation of funds
towrads implementation
of innovation
Acqyuisuition of
resources to implement
innovation
Training of employees
Implementation of
innovation
Monitoring of outcome by
management
Taking further actions

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