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Managing Innovation in Business (Distinction Criteria) - Desklib

   

Added on  2023-06-14

15 Pages3698 Words216 Views
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Innovation in Business
(Distinction Criteria)
Managing Innovation in Business (Distinction Criteria) - Desklib_1

EXECUTIVE SUMMARY
The report summarises that innovation in business comprises improvement of existing
practices or methods and starting from scratch. With innovation, organisational managers
execute new ideas, products and processes to boost bottom line. Tesco is giant company in retail
industry which innovates its offerings as per market needs and choices. Aim of the report is to
conduct innovation audit for the enterprise that examines past events, current and future actions
as well as capabilities. Tesco is recommended to undertake essential innovations in supply chain
and provide personalisation for meeting demands of consumer.
The report covers overview of company and its innovation history. It further discusses
existing capabilities and performance together with industry in future.
Managing Innovation in Business (Distinction Criteria) - Desklib_2

Contents
EXECUTIVE SUMMARY.............................................................................................................2
Contents...........................................................................................................................................3
INTRODUCTION...........................................................................................................................1
ORGANISATION AND INDUSTRY OVERVIEW......................................................................1
Organisation and its innovation history.......................................................................................1
Organisations existing innovation performance along with capabilities.....................................2
Industry in 2021...........................................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
Managing Innovation in Business (Distinction Criteria) - Desklib_3

Managing Innovation in Business (Distinction Criteria) - Desklib_4

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