This report discusses the role of technological change in economic progress and the importance of corporate social responsibility (CSR) for organizations, with a focus on Next Plc. It covers the definition of innovation and technology, the effects of innovation and technology on economic growth, and how business organizations use new technologies in their operations. It also explores the concept of corporate governance and CSR, the history of corporate governance in the UK, and Archie Carroll's CSR model. The report highlights the benefits of CSR for organizations, such as improved public image, increased customer engagement, and greater employee engagement.