Contemporary Management Issues in Tesco during COVID-19

Contemporary
Management Issues

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
External factors that have been shaping the development of human capital in Tesco................1
Existing policies of Tesco related to the work force...................................................................3
Recommendations on new initiatives that this organisation should adopt in order to survive
and thrive in the new normal.......................................................................................................3
Advice to the leaders of company to adopt changes ..................................................................4
CONCLUSION................................................................................................................................4
References:.......................................................................................................................................5

INTRODUCTION
Contemporary management refers to the process of planning, leading, organising and
controlling the operations of business in order to achieving the organisational goals and
objectives. It is necessary to do the proper utilization of available resources and management
ensures the same. The events, ideas or opinions which have a relation to the subject6 relted to the
present day is defined as the contemporary issues. Currently, COVID-19 effect the entire
economy and the entire corporation world. As a result the companies has adopted several of
changes at work place. Workers of organisations are furious from infection, hence management
started providing them work from home so that they can work with safety and stay healthy.
Working remotely is found as the huge challenge for the CEO and HR of organisations as they
have to develop the ways and techniques so that the employees can work effectively. Tesco is the
chosen organisation for this report. It is a British multinational general and grocery merchandise
with headquarters in Welwyn Garden City, Hertfordshire, England, United Kingdom. This report
covers the theories and models which provide shape top the human capital, existing policies
which plays an important role in change management process along with the advices &
recommendations affiliated with the introduction of new initiative at work place.
MAIN BODY
External factors that have been shaping the development of human capital in Tesco
There are several factors which effect the operations of business organisation i.e. internal
and external. A model (PEST) has been applied to analyse the external factors. PEST stands for
political, economic, social and technological factors (Imazio and et. al., 2017). These factors
comes under external factor as these are not under the control of organisation. It has its own
importance in giving the shape to the development of human capital after COVID-19. Below
mentioned are the detailed discussion of these factors:
 Political factors: It refers to the rules and regulations which are developed by the
government of a particular country and it is necessary to follow all the rules by
organisations for effective outcome. During the situation of COVID-19, government has
developed several of rules and regulations so that they can stop spreading of coronavirus.
As per those rules, they restricted the gathering of people at a place as it leads to the
transformation of infection from one person to another. The management of Tesco
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