Contemporary Management Issues in the 21st Century - A Case Study of Tesco
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This report discusses the impact of information and communication technology on the workforce of Tesco, along with the company's policies on talent acquisition, learning and development, and change management. It also provides recommendations for new initiatives and the role of leaders in implementing them.
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Contemporary management issues in the 21st century
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TABLE OF CONTENT Introduction......................................................................................................................................4 Main body........................................................................................................................................4 Discuss theories helping in shaping human resource development in organization. Evaluate the role of information and communication technology on the management of workforce.....4 Evaluatethepoliciesofthecompanyintermsoftalentacquisition,learningand development and change management process........................................................................5 Recommendations for new initiatives taken by the organization in order to survive and thrive in new normal...........................................................................................................................6 Discuss the roles of leaders in terms of implementing new initiatives.....................................7 Conclusion.......................................................................................................................................7 References........................................................................................................................................8
Introduction Human resource of the company is considered to be one of the most important resource for the company which helps them in engaging new ideas and talent in the organization and will also make sure that the organization is working on optimum capacity. It is important for the organization to make sure that they are working according to the goals and objectives of the organisation. The aim of effective human resource capital within the organisation is to create a positiveworking environmentwhich facilitatesgrowth and developmentof not only the organisation but also of the individual themselves(Chatty ed., 2018). In case of Tesco, the company is working as a British Multinational groceries and merchandise retailers. The company was established I the year 1919 by Jack Cohen and is currently one of the biggest supermarket chain in UK. The company is having a significant market share in Europe and is currently Headquartered in UK. In this report, the role and impact of information and communication technology on the workforce of the company is provided along with the exiting policies of the company in respect to talent acquisition, learning and development and change management process. Valid recommendations for new initiatives and the role of leaders in implementation of new initiative is provided. Main body Discuss theories helping in shaping human resource development in organization. Evaluate the role of information and communication technology on the management of workforce. The three key elements taken into consideration by Tesco in shaping their human resource management including external factors are provided below: Recruitment and pay revision:most of the recruitment process of Tesco takes place online and through various procedures according to the position candidate is applying for. The company make sure that the process of recruitment is free from discrimination, biased or any other type of inequality. Training and development:No matter how qualified and experienced the employee is, once on boarding process is doe the employee have to take a training and development session which helps them in understanding the tasks of the company and the workplace rules and regulations(Bellace., 2018). It also helps the candidates in analyzing the expectations that the company have from them.
Providing healthy work environment: One of the major aim of the company is to provide healthy and positive working environment ti their employees which can motivate them and enhance their performance. It will be beneficial for the company to enhance the performance of employees by providing them healthy environment which is better for their mental as well as physical health. Their is a high impact of information technology and communication in the management of the workforce within an organization. The IT network of a company helps them in connecting and communicating with the person anywhere in the world. It helps the company in making quick decisions and also improve its performance(Greydanusand et. al.,2018). Human resource of the company can be best utilized if it is having an access to the information technology and can help the company in having competitors advantage in the market.It has beenobservedthatinformationandcommunicationtechnologysuchasInternet,mobile communication,newmediaandhumanresourcesystemshelpandcontributegreatlyin fulfillment of personal policies of the organization. It allows the company in improving the internal processes of the company and will also help in providing effective and efficient training to the employees. Evaluate the policies of the company in terms of talent acquisition, learning and development and change management process. Talent acquisition, learning and development as well as change management processes is an important aspect of organisations which is needed to be analyzed and implemented effectively within the organisation as it creates a direct impact on the workforce of the company. If the implementation phase is not according to the plan then the strategy made by the company will be a waste and the company will not be able to achieve their objectives which they want to achieve with the help of strategy(Mouraand et. al.,2019). In case of Tesco, the company uses various processes which helps the in acquiring the talented workforce which are according to the needs of the company and will be able to manage them effectively and efficiently. Some of the processes and policies of Tesco Plc, is provided below: Talent acquisition:talent acquisition is a process through which the employers recruit, select and onboard employees on the basis of their skills and talent. It is the generally the responsibility of human resource department of the organisation which makes sure that the company is not having shortage of talent and will also help the company in creating a pool
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of talent. In case of Tesco, the most important policy of the company is to acquire talent which can be proved as an asset for the company. The first step in the talent acquisition process of the company is to made an online applications and the chosen application then have an interview which is then followed by the final stage where the candidates ave to attend assessment center for selection process. It is a process for managerial positions whereas for stores based jobs the candidate can directly approach the store. Learning and development:It refers to the training processes of the company in order to improve the skill set and workings of the employees and to make them more efficient and effective(Minasnyand et. al.,2020). In case of Tesco, the company is making sure that their employees are getting opportunity of on the job training as well as off the job training. On the job training methods of the company includes mentoring, shadowing, coaching, job rotationwhereas off the job training includes training for specific skills such as team building, planning, organizing and planning. Change management process:It refers to the process followed by the company in order to implement change in the organisation effectively and efficiently. The workforce of the company may not respond to the change as they restrain from change so the policy adopted by the company in order to implement change is Lewin’s change model which consists of three stages which are unfreezing, change, refreezing. In this policy the company have an open communication about change with its workforce and help them in analyzing by providing actual benefits reasons to the employees and by providing reasoning which help them in avoiding confusion as well. Recommendations for new initiatives taken by the organization in order to survive and thrive in new normal. The new initiative that the company must take in to consideration is to provide as much contact less services as possible to its customers. As the customers are not really comfortable in stepping out of their houses the company can provide home delivery and online services which helps them in attracting potential customers in the times of pandemic(von Devivere and von Devivere., 2018). It is important for the organization to create a strong online presence or store which helps them in reaching out to a wider audience and will make sure that they are working according to the needs and preferences of the market. In order to survive and thrive in the new market the company must take support of online marketing which helps the company in
connecting with wider audience and will also make sure that they are working according to the goals and objectives of the company even at times of pandemic and after pandemic. Discuss the roles of leaders in terms of implementing new initiatives. Leaders plays an important role of management of the company as they help the company in managing their workforce. The aim of the leaders is to influence the workforce of the company and help them in working effectively and efficiency(Matson, Daou and Soper., 2019). It is important for the leaders to make sure that they are aligning the aims and objectives of the company with the objectives of the workforce so that they can perform with motivation and with optimum capacity. In the new initiative of the company, the leaders must make sure that the employees of the company are having appropriate skills which help them in providing contact less services an must also ensure that the team handling the marketing processes of the company are working according to the trends. Conclusion From the above report it is concluded that, it is extremely important and beneficial for companies to make sure that they are having an effective human resource capital which helps them in adopting new ideas and efficient ways of dong work within the organisation. It is important for the orgaisations to make sure that they are attracting talent in the organisation which can help them in gaining competitors advantage as well in the market. It a company is having effective workforce management in their organisation then they will be able to work efficiently and effective with greater productivity.
References Books and journals Bellace, J.R., 2018. Back to the future: workplace relations and labour law in the 21st century in the Asia Pacific context.Asia Pacific Journal of Human Resources,56(4), pp.433-449. Chatty, D. ed., 2018.Nomadic societies in the Middle East and North Africa: entering the 21st century. Brill. Greydanusand et. al.,2018. Pediatric obesity: Current concepts.Disease-a-Month,64(4), pp.98- 156. Matson, J.V., Daou, S.F. and Soper, J.G., 2019.Effective expert witnessing: practices for the 21st century. CRC Press. Minasnyand et. al.,2020. Global soil science research collaboration in the 21st century: Time to end helicopter research.Geoderma,373, p.114299. Mouraand et. al.,2019. The legacy of colonial fire management policies on traditional livelihoods and ecological sustainability in savannas: Impacts, consequences, new directions.Journal of environmental management,232, pp.600-606. von Devivere, B. and von Devivere, B., 2018. Initiating the Copernican Turn: Answering the “What for”.Meaningful Work: Viktor Frankl’s Legacy for the 21st Century, pp.139- 146.