Leadership and Management Styles in Tesco

CONTEXT OF
BUSINESS 2

Table of Contents
INTRODUCTION 1
1. A brief history and summary of the business and the rationale for choice ............................1
2. Discuss the vision, leadership style and management practice and various strategies making
use of various theories ................................................................................................................2
3. Analyse how above strategies are achieved or implemented by Tesco giving specific
examples......................................................................................................................................4
4. Recommendations as an improvement (the proposed leadership style, management practice
and the various strategies that can be undertaken by Tesco) .....................................................5
CONCLUSION...........................................................................................................................5
REFERENCES............................................................................................................................................. 6

INTRODUCTION
Management and leadership are two important factors which are necessary for
performing tasks of the organization. Leadership is a term used for defining the ability of leaders
and managers to make other work according to their instructions (Dreyer, B and Et. Al., 2017).
Leaders assign goals and objectives to subordinates for meeting the demands and needs of the
organization. These are responsible for giving proper guidance to employees while
accomplishing the task and goals assigned to them. There are various leadership and
management styles used by organizations to achieve the goals and objectives in specified time
frame. They are autocratic, democratic, charismatic, laissez faire, task oriented, charismatic,
bureaucratic, etc. In this report, the company which is considered for analyzing different
leadership and management styles is Tesco. This is a retail firm of UK that was founded in the
year 1919 by Mr. Jack Cohen. This report describes vision of the company, history of the
organization and summary of business. At last of this report, different strategies used by Tesco
for running business successfully are explained.
1. A brief history and summary of the business and the rationale for choice
History
Tesco is company of retail sector that was founded in the year 1919 by Mr. jack Cohen.
The headquarters of this company are located in Welwyn Garden city, Hertfordshire, England,
United Kingdom. Jack Cohen was a grocery seller in London. This brand was first established
after a shipment of tea from T.E Stockwell. The first store of Tesco was opened in 1929. At
initial stage, Tesco was offering drinks and food products but gradually it expanded it's business
into several areas like mobile network, clothing, CD's, health insurance, DVD's, Games,
electronics, car, home insurance and finance services.
Summary
Tesco operates stores in UK under different banners including Superstone, Extra,
Express and Metro. Tesco ensures customer satisfaction and increase the number of customers.
Tesco is also found on London Stock Exchange. It has around £62.54 billion revenue in last year.
Tesco is the largest retailer of British and it is also world's largest retailing outlet. It has more
than 4500 locations in UK. It has a workforce of around 552004 employees. This company
focuses on motivating and supporting it's employees to work hard and achieve specified targets.
It has a well trained workforce and a huge customer base. Tesco has different levels in the
workplace such as customer assistant, department managers, logistics staff and warehouse staff.
Rationale of the study