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Brief Introduction of Organisation - Tesco

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Added on  2020-02-03

Brief Introduction of Organisation - Tesco

   Added on 2020-02-03

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Table of Contents1.0 Brief introduction of organisation, its products or services.......................................................32.0Business performance analysis...................................................................................................43.0 Project evaluation.......................................................................................................................54. CONTINUOUS IMPROVEMENT VS RADICAL CHANGE...................................................75S for continuous improvement..................................................................................................85.0 Project Plan Draft for Tesco......................................................................................................96.0. PROJECT RISK EVALUATION...........................................................................................107.0 Final Project Plan for Tesco.....................................................................................................138.0. Conclusion. ............................................................................................................................18REFERENCES..............................................................................................................................19
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1.0 Brief introduction of organisation, its products or services.Tesco is a retail store in UK which was founded in 1919. Tesco is the biggest retailer, hastheir stores across the world. It has its stores in about 12 countries. They have more then 3300stores in UK only. In 2014, they introduced about 400 new products. Mission and vision of Tesco :As we know, in dynamic world if any company want tostay for long term then they must have clear vision and mission, without it company can'tsurvive. Tesco want to build customer loyalty and provide them satisfaction (Yang, Hong andModi, 2011). They want to create value of their products among customers. They wantcontinuous growth of the company, also want to be innovative and creative. Goals, vision andmission statement are related with each other and explains that what company or organisationdesire to achieve. Company makes some strategies and plans to achieve them. Vision andmission statement of company inspire company's shareholders and also motivate employees ofcompany towards achievement the objectives (Ben Brik, Rettab and Mellahi, 2011). Tesco's ambitions are to construct more opportunities for large number of people, they also cutdown their effect on environment. Values of every company make them different from othercompany. Tesco offers Baby products, food products, groceries, financial services, petrolstations, Tesco club cards etc.Objectives of Tesco:They want to sell their products more and more and want to connect with more peoples.They want to increase their market share price.They also want to reduce their cost, maximise their sales and earn more profits.
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2.0Business performance analysisBusiness performance analysis is the process, measurement, system, function andmethodology use to organization performance and working capabilities for achieve the target orobjectives (Schiuma, 2012). Business performance analysis gives proper information related tothe TESCO company.Hayes and wheelwright modelThis model related to improve operational capabilities and this makes impact onoperations and production of the business . This model has four stages those are follows.StagesTask DescriptionStage 1Correct worst problemsIn this stage should solve the worstproblem related to organization andtry to clarify situation with all theemployees , its help to improvecommunication with all the employees(Real, Roldán and Leal, 2014).Stage 2Adopt best practiceAfter clarify and evaluation of theproblems have to adopt best practiceand plan in the organization. Its helpto reduce long line to customers doesnot have to wait long for their number Stage 3Link strategy withoperationsIn this stage have to mange all theoperations and decide to to provideservices to customers .further,delivery of products, feedback,reviews, payments etc. Stage 4Give operationaladvantagesIn this stage try to give propersatisfaction to the customer and fullfill their needs and wants . And alsomange their product quality , soTESCO will be stablish a effective
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