Managing Innovation in Business

Managing Innovation
in Business

EXECUTIVE SUMMARY
The report highlights about the innovation and its importance into the business world. For
reference purpose this report has taken an example of a company, British petroleum. British
Petroleum is a British company which has its head quarters in London, England. The company
engages into the business of gas and oil. The report discuss about the history of company that it
was founded in the year 1901 and slowly and steadily it has become world major companies for
producing the oil and gas. The company now comes into the category of super major companies
which are considered as a major organization which provides the oil and gas worldwide. The
report also discuss about the innovation done by the company to company to cater the needs to
the market.

Contents
EXECUTIVE SUMMARY.........................................................................................................................2
INTRODUCTION.......................................................................................................................................3
The organization and Industry Overview....................................................................................................4
The organization and its innovation History............................................................................................4
BP IN INDIA..............................................................................................................................................6
The organization existing innovation performance and capabilities........................................................6
The industry in 2016................................................................................................................................7
CONCLUSION...........................................................................................................................................8
REFERENCES............................................................................................................................................8