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Auditing And Comparing Innovation Management In Organizations

Author

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  • Refaat H. Abdel-Razek
  • Duha S. Alsanad

Abstract

The objective of this paper is to audit innovation management in one of the largest Saudi petrochemical companies (SABIC) and compare the results with those of companies in Brazil and China in order to identify the company’s strengths and weaknesses from an innovation perspective. First, an audit survey was carried out in the Saudi company. The results revealed that there is top management commitment and support for innovation, learning is well managed, the company is committed to the development of its employees worldwide and the innovation system is flexible enough to allow small projects to be fasttracked. Second, the audit results were compared with those of four companies in Brazil and China. SABIC was doing better than some companies in the linkages, learning and process dimensions. Some of the gaps between SABIC and the average of the Chinese and Brazilian firms are very low and could easily be closed. SABIC has strengths and weaknesses similar to the Chinese firms. They both showed strength in learning and weakness in strategy, while the Brazilian firms showed strength in the strategy and weakness in linkages. On the other hand, SABIC’s innovative organization and strategy dimensions ranked lowest and special attention is needed in these aspects

Suggested Citation

  • Refaat H. Abdel-Razek & Duha S. Alsanad, 2014. "Auditing And Comparing Innovation Management In Organizations," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 8(3), pages 49-56.
    • Handle: RePEc:ibf:gjbres:v:8:y:2014:i:3:p:49-56
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    References listed on IDEAS

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    1. Mohamed A. Ramady, 2010. "The Saudi Arabian Economy," Springer Books, Springer, edition 2, number 978-1-4419-5987-4, June.
    2. World Bank, 2010. "Innovation Policy : A Guide for Developing Countries," World Bank Publications - Books, The World Bank Group, number 2460, December.
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    Cited by:

    1. Joanna A. Jonczyk, 2022. "Proposed Models for Shaping Pro-Innovative Organizational Culture in Public Hospitals," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 729-739.
    2. Nisar Ahamad Nalband & Saad Alkelabi & Dafieah Awad Jaber, 2016. "Innovation Practices in Saudi Arabian Businesses," International Journal of Business and Management, Canadian Center of Science and Education, vol. 11(4), pages 136-136, March.

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    More about this item

    Keywords

    Developing Countries; Technological Innovation; Innovation Audit; Innovation Assessment;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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