Foundation Degree in Business and Management: Innovation Presentation

This presentation explores the innovation process within an organization (Sainsbury), examining its impact and the use of reflective models (Gibbs) to evaluate personal innovation skills and knowledge. The presentation covers the role of innovation in business, including how it can be used to enhance business performance and improve efficiency. It also includes an analysis of the Sainsbury organization, the application of a reflective model, and ways to improve personal innovation skills. The presentation is supported by at least four academic references, including textbooks and journals. This presentation aims to provide a comprehensive understanding of innovation and its practical application in a business context. The presentation will also include the use of PowerPoint slides and supporting notes to back up the presentation.

Innovation and
Enterprise

Table of content
 Introduction
 Innovation process
 Impact of innovation on business
 Learning and reflection model
 Ways to enhance the personal innovation skills and knowledge
 Conclusion
 Reference

Introduction
 Innovation is termed as the procedure that define the role of invent something unique and new form of
products and their services for consumers. The report will also cover the impacts of innovation
procedure, culture and reflective models and the factors to improve the personal advanced ability and
understanding that are being enclosed in this project report.

Innovation process
Innovation is the procedure that set their terms to create new resources of
products in the field of management.
 Idea generation and mobilisation
 Advocacy and screening
 Commercialisation
 Diffusion and implementation

Impacts of innovation on business
Sainsbury will facilitate each and every section of business to their
candidates for improving the company’s efficiency, effectiveness,
worker presentation and it will also permit management to
approve variations and advance numerous justifiable viable
benefits.
 Providing sustainable competitive advantages
 Fast reactions towards the changing conditions

Learning and reflection model
Reflective models structures are used to guide and will effectively improve the contextual and individual
elements of the analysis.
Gibbs reflective cycle model
 Description
 Feelings
 Evaluation
 Analysation
 Conclusion
 Action plan

Ways to enhance the personal innovation skills and knowledge
By applying innovation section in the management as related to their products and concept it will be easy
for the Sainsbury to express their personal term of innovation abilities and sense of knowledge.

CONCLUSION
From the above mentioned report it has been concluded that, innovation is an essential term in the business
that will help the management to improve their key roles in the business.

REFERENCES
 Horgan, D. and Dimitrijević, B., 2021. Social innovation in the built environment: the challenges
presented by the politics of space. Urban Science. 5(1). p.1.
 Yao, D., Chen, Y. and Xu, Y., 2021. How Public Expenditure and Bank Credit Affect Growth:
Provincial and Enterprise Level Causal Evidence2008 Wenchuan Earthquake. Annals of Economics
and Finance. 22(1). pp.195-231.
 Andrews, D.C., 2021. Coworking: A Rhetorical Enterprise Situated in Place. In Good Data in Business
and Professional Discourse Research and Teaching (pp. 167-194). Palgrave Macmillan, Cham.