Innovation Management Audit of Marks & Spencer

Innovation management
Assessment

Table of Contents
INTRODUCTION...........................................................................................................................3
Methodology ..............................................................................................................................3
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Business organisations are now a days growing with the new approaches and innovative process
of product development and management. Because that is very important for the organisation in
order to meet the competitive ages at the current competitive business environment. All the
innovation is not too easy and its required very necessary for the success of each and every
business organisation because that is the only effective way to sustain in the market with higher
value and demand (Huesig, S. And Endres, H., 2019 ). Innovation management audit very
important process for business entities in order to analyse and evaluate the performance of
organisation Innovation and its achievement that how successful and effective is the new
creation and innovation of company. This helps to analyse the mistakes and errors in its
innovation in order to improve it. MARKS & SPENCER is the British multinational company,
deals with the business of clothing, home and food products. It is headquarter in London,
England. In this report research on the innovation management audit of the selected organisation
I am going to be done by the consideration of all types of innovation and its model. This report is
going to be completed with the application of literature review and qualitative research.
Methodology
For writing the journal on innovation management audit of the selected organisation different
research process is used in this report which helps to understand the different process and aspects
of elevation along with the method of innovation management auditing. Innovation management
auditing is the type of innovation managing method which used to analyse and improve all
other innovation management steps and procedure along with its performance.
In order to make the proper auditing of organisation innovation management as an employee the
audit manager have selected these two research process to produce the effective and clear journal
related to the M&S Innovation management process and effectiveness. So that it can improve or
monitored to make continuous changes ( Ratten, V., 2017).
Literature review- That is the specific process of conducting secondary research for the
specific topic and report development, which is involving the study and review of pre reviewed
articles and content to get the best information or data for critical evaluation and understanding
of that topic. So in this report multiple research journals and articles consider to make the proper
analysis and auditing of the M&S innovation management. Such as types of innovation and how

it has been used by the organization, model and steps of the innovation and how it used by the
and what is the achievement and result ( Blackbright, H., 2019).
According to the research report of The foundation 2019 article M&S is working for their
competitive advancement and innovation from several years and now it is a successful its
innovation related to the more sustainable business approach by making the innovator efforts to
reduce the carbon emission on environment.
According to the Armenia 2021 report innovation management audit is very important for the
organisation and ordered to assume all innovator projects which is profitable for the organisation,
the Thomas the innovative project is profitable and competitive for the organisation advantage.
This important method of monitoring and checking the achievements and errors of those
innovative projects which can be further removed and improved by the auditing, new solution
and Idea. On the basis of M&S 2021 report their core values and inspiration make a sustainable
difference with the innovation, integrity and positive efforts. In the field of in their food retail
organisation is focusing on the more and more innovative process and techniques of providing
the healthy and seafood products to the customers. Organisation is focusing on the new and
innovative food products with the healthy ingredients.
For the literature review some selected subtopics are going to be critically evaluate, which is
given, below.
 Organisation overview and market
 Innovation and types of innovation
 Five aspects of innovation
 Business model innovation
Qualitative research- this is also called a market research process which is involving the
collection of non-numerical data such as text, video, audio. That is involving the conversational
communication in order to get the fresh and old information about the topic. for this quantitative
research have selected grounded theory research in which the interview program is done on the
organisation web page in order to get the reviews of customers and public in context to question
related to the organisation innovative approaches and effectiveness ( Kafetzopoulos, D. and
Skalkos, D., 2019).
Interview questionnaire
Q1. How creative and innovative M&S seems to you