Managing Innovation in Business

Managing Innovation
in Business

EXECUTIVE SUMMARY
Innovational practices considered to be a key to business success as it help in dealing
with changes that get anticipated within the industry. The current report is based on TESCO plc,
a British multinational supermarket that offer range of products and services. This report present
an overview regarding innovation history of company from which it has been found that it brings
up number of innovations which help it in growing within the market. Additionally, it has been
found that TESCO has immense capacity to launch new innovation to keep itself competitive at
marketplace.

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
MAIN BODY ..................................................................................................................................4
Overview of organisation and its innovation history..................................................................4
Innovation performance and capabilities of Tesco Plc...............................................................5
The industry................................................................................................................................7
CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................10