Tesco Plc Leadership Style and Management Practices

The assignment provided is an in-depth analysis of Tesco Plc's leadership style and management practices. It begins by assessing the company's vision and leadership approach, highlighting the importance of democratic involvement in decision-making for human resource engagement. The assignment then explores suitable operation management approaches, such as lean management and Six Sigma, to improve overall performance. It also discusses the role of leaders in coordinating organizational functionality and recommends measures for growth and development. Overall, this analysis provides a comprehensive understanding of Tesco Plc's leadership style and management practices.

Context of Business

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1. Brief History and summary of retail industry and Tesco plc with rationale............................1
2. Vision, leadership style and management practices with various strategies for growth and
implementation of theories within Tesco plc...............................................................................2
3. How the above discussed measures are been achieved and implemented by Tesco plc.........4
4. Recommendations for improvement........................................................................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................7

INTRODUCTION
Business is an activity where an enterprise offers a finished good or service to customer
or buyer in return of profit or monetary gains. Carrying out effective service to meet the
customer needs is the basic aim of a business. Effective business operations can be executed
using the strategic management measures and leadership with use of various theories. The
present report is presented in respect to UK based retail enterprise, Tesco plc. The report will
provide a brief history and summary of business with a rationale. The vision of the organisation
is discussed with leadership styles and management practices. Also the implementation of these
measures with the selected enterprise and suitable recommendation for improvement is been
presented. Other than this, proper designing and development of the organisation is been carried
out.
MAIN BODY
1. Brief History and summary of retail industry and Tesco plc with rationale
Tesco plc is a UK based retail enterprise that is headquartered in Welwyn Garden City,
Hertfordshire, England. It is the world’s third largest retail enterprise on the basis of revenue and
one of the leading retailer in UK. The firm is one of the major market leader with the extensive
product portfolio and loyal customer base (Bhamra and Lofthouse, 2016.). This helps the
organisation to carry out their merchandising based services and activities in much effective way.
Besides this, the organisation is also known to operate in many other sectors too apart from the
retail sector like banking, publication and telecommunication. All these operations are turned out
in practice on the basis of strategic planning and effective leadership that helps the selected retail
enterprise to improve the quality of operations and gaining the trust level of their customers.
Suitable planning is based on the growth measures undertaken by the organisation will help in
improving the sales and overall growth of the organisation. The effective planning will be
performed by management of Tesco plc in order to carry out the business operations in an
effective and planned manner (Ballantyne and Povah, 2017). This will not only lead to
development of organisation but also facilitates the growth or rise in the people’s satisfaction and
well-being.
Effective planning of the operations and leadership will be carried out that will lead to
suitable planning of the operations which will help in proper rise in meeting the stakeholders
needs. The implementation of variety of management and leadership policies and activities will
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help in proper planning of services which will lead to rise in carrying out of operations and
handling of the customer’s needs. As the retail sector is one of the highest competitive industry,
effective leadership approaches and management plans are required to be implemented within
chosen retail enterprise which will help in carrying out of the operations which will lead to
setting up of the activities and which will help in improving the quality of services and setting
suitable operational goals or objectives for the organisation (Grünig and Morschett, 2017). All
these practices, management planning and leadership styles will help in improving performance
of Tesco plc on the domestic and international level.
Tesco Plc will look after the proper analysis and evalution in order to have a good idea
about the management and leadership measures which will help in proper planning of retail
services and thus, facilitates the carrying out them along with setting up of the operational goals.
It will support the rise in overall performance of retail firm.
2. Vision, leadership style and management practices with various strategies for growth and
implementation of theories within Tesco plc
The vision statement of Tesco PLC is based on a five point principle that guides the
leaders and management of the retail enterprise to carry out the operations which will help in
improving the quality of services and setting up of the suitable plan for the effective growth by
the firm. The principle of being needed around the world with a business full of opportunities
and innovation which will help the organisation to develop a proper loyalty towards its
stakeholders. The leaders will follow a range of leadership styles which will help in proper
planning of retail operation and growth measures which are been carried out by the organisation.
Some of the major leadership styles that are followed within the organisation are:
Democratic leadership style: This is the most basic and widely used leadership style
within Tesco plc. The democratic leadership facilitates the proper involvement of employees and
other stakeholders in decision making. This will not only increase their interaction but also
enhance their loyalty and dedication towards the retail enterprise. The involvement of work force
will also support a growth of communication and understanding which will help in improving
performance of selected retail enterprise (Cloutier and et.al., 2015). It enables the stakeholders to
provide their input within the retail business process and establishing an effective performance
channel at the workplace. Besides this, it helps in establishing a suitable and effective work
hierarchy at within the retail enterprise. As the employees will be involved and engaged, the
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democratic leadership will help the organisation to achieve its vision statement and gain a
sustainability.
Strategic leadership style: This will help in carrying out of the operations which will
help in suitable planning of the operations and activities and operations in a strategic and planned
manner. It supports a rise in carrying out of the operation’s which will lead to setting up of
activities which will help in proper to setting up of the operations within the organization in an
effective way. The planning or drawing up of strategies, leads to growth and development of the
organization. This will help in meeting the operational needs of the organization. Developing
suitable strategies and action plans will help in proper planning of operations which will help in
effectively carrying out the activities and setting up of the proper action plan which supports
development of the firm. Develop a strategic plan will support a good planning of the services
and setting up of action plan which will help in improving performance of organisation and
achieve its vision statement.
Besides this, Tesco plc look after the proper planning and implementation of
management practices such as training, improvement of skills, employee engagement etc. This
will help in developing an effective relationship between the management and work force
(Chang, 2016). This will help in creating a positive environment and policies which will help in
carrying out of the operations and setting up of different theories which will help in carrying out
of the operations which will help in carrying the retail business activities. Both the leadership
will help in suitable handling of the services which will help in setting up of the operations and
achieving organization’s vision goal.
Tesco plc will look after the effective adoption of various management theories which
will help in improving the quality of services and operational plans of the form are:
Theory of leadership:
 Path goal theory: This theory is carried out by the organization for the effective growth
of the enterprise. The efforts and performance of the organization will look after the
perception and behavior of leaders and employees. This will help in setting up of the
proper paths and goals and identify the restrictions or barriers which can hamper the
growth of the chosen retail enterprise. It will help in developing effective management
plan within the chosen retail enterprise. It helps in improving the motivation level of
employees.
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Theory of management
 Human relations theory: This theory emphasizes on the human relationship with the
suitable planning of the bonding between the management and the employees. It will
guide the management of the organisation to harness the best of knowledge and potential
that is been carried out by the organisation. It focuses upon the needs and requirements of
employees which are required to be met out in order to facilitates a best and most
effective and suitable manner. This theory also emphasizes on developing a mutual
understanding among employees at the workplace. It will facilitate the achieving of set
aims and goals and objectives which will help in setting up of the operational goals and
objectives by the retail firm.
All these measures will contribute for a proper and effective growth of selected retail
enterprise. Besides this, it will also lead the management of the firm to have a high level of
effectiveness to carry out business operations.
3. How the above discussed measures are been achieved and implemented by Tesco plc
As p[er the data evaluation carried in the above answer, this can be said that the proper
planning of operations using the path goals and human resource theories of leadership and
management, respectively, will help in facilitating suitable employee involvement within the
organization and developing a strategic plan and communication level for the organization's
goals (Antonakis and Day 2017). Tesco plc has developed an effective and suitable work plan or
framework which supports a good rise in functional activities of the firm. Some effective
measures which are been adopted and followed by the chosen retail enterprise is:
 Employee engagement: Tesco plc will look after the proper planning of the
employee engagement measures using the path goals and HR theory, which supports
in effective growth in communication and connectivity of the employees with the
organization. This will help in proper planning of improving their skill sets and
knowledge. Following the democratic and strategic leadership will also assist the
management of Tesco plc to draft suitable policy related to involvement and engaging
the work force using different policies. As the stakeholders or human resource will be
provided emphasis by management of selected retail firm, their loyalty towards the
organization will improve leading to growth of the business enterprise (Lipman,
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2013). Also, it will help in improving the quality of human resource at the work place
to achieve specific goals.
 Improving work place level communication process: The selected enterprise will
look after proper handling of communication channel at the work place which will
help in improving the quality of operations which are followed by the firm.
(Northouse, 2018). Besides this, both, path goals and HR theory will help in
developing a communication channel will help in improving interpersonal
understanding and resolve any sort of conflict at the work place. Besides this, it will
also influence the suitable production by producing the retail goods and services as
per the needs and saving the vital resources and time of Tesco plc. This will
contribute to growth of organization. It will assist in developing a mutual
understanding at the workplace.
 Analyzing and setting up of feasible goals: Management of Tesco plc will look
after the effective assessment of the customer’s needs, demands, market trends and
production feasibility of enterprise which will help in proper planning of the
operations which will help in carrying out of retail operations. Path goal theory will
assist in placing up of feasible goals and following the path or framework developed
for their achievement will help the organization to improve the effectiveness of
operations and setting up of activities which will lead to carrying out of the operations
leading to rise in establishment and expansion of selected retail enterprise (Ovans,
2015).
 Taking regular feedback's from stakeholders: Tesco plc will also look after the
effective assessment of their growth and will monitor it in order to have a higher level
of functionality. HR theory will focus upon collection of reviews will be taken from
peers and stakeholders on regular interval which will contribute to rise in overall
performance of Tesco plc. Besides this, the evaluation of Key performance indicators
(KPI's) will help in enhancing its performance. It supports an improvement of HR and
retail operations of the enterprise.
4. Recommendations for improvement
Based on the effective assessment of the operations, implementation of leadership styles
and theories and different management practices and other activities that is been carried out at
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the organization, certain recommendations and improvement measures are been followed which
will help in proper planning of the growth measures of Tesco plc. Some major recommendations
which can be followed by the selected retail enterprise are:
 Carrying out effective market research: In order to ensure the development of path and
goals of developing innovative products and services as per the need and demand of
customers, organisation can perform suitable market place analysis to identify the
ongoing market trends. This will help in improving the quality of services, improve
implementation of leadership styles for HR engagement and thus, supports effective
development of new products or services will help in meeting the operational needs of the
organization. This will enhance retail enterprise performance (Hammer, 2015).
 Adopting suitable operation's management approach: Tesco plc, in order to have a
high level of functionality and handling of the functional needs like setting up of proper
goals and adopting leadership styles within organization, can look after the inculcation of
suitable operation management approach like lean management, total quality
management or Six Sigma approach. This will help the leaders at the retail firm to
monitor the quality, Provide suitable reviews of product that is been delivered and
improve overall performance of the merchandising organization and well ass the human
resource by ensuring their democratic involvement in decision making.
CONCLUSION
On the basis of the assessment of the various factors that are been undertaken by the firm,
this can be said that the management and leaders of an organization will work in coordination to
ensure proper functionality of the enterprise. A brief summary of organization and the retail
sector is been provided with the evaluation of its vision, leadership style and management
practices on the basis of various theories. Other than this, then details about the proper
framework and measures which are been followed for the effective improvement of business
operations of the organization is been carried out along with proper recommendations for growth
and development.
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REFERENCES
Books and Journals
Antonakis, J. and Day, D.V. Eds., 2017. The nature of leadership. Sage publications.
Ballantyne, I. and Povah, N., 2017. Assessment and development centres. Routledge.
Bhamra, T. and Lofthouse, V., 2016. Design for sustainability: a practical approach. Routledge.
Chang, J.F., 2016. Business process management systems: strategy and implementation.
Auerbach Publications.
Cloutier, O., and et.al., 2015. The Importance of Developing Strategies for Employee Retention.
Journal of Leadership, Accountability & Ethics. 12(2).
Erasmus, B., Strydom, J.W. and Rudansky-Kloppers, S. eds., 2016. Introduction to business
management. Oxford University Press Southern Africa.
Grünig, R. and Morschett, D., 2017. Developing international strategies. Springer Berlin
Heidelberg.
Hammer, M., 2015. What is business process management?. In Handbook on business process
management. 1. (pp. 3-16). Springer, Berlin, Heidelberg.
Northouse, P.G., 2018. Leadership: Theory and practice. Sage publications.
Ovans, A., 2015. What is a business model. Retrieved July. 5. pp.2016.
Online
Lipman, V., 2013. 7 Management Practices That Can Improve Employee Productivity. [Online].
Available through: <https://www.forbes.com/sites/victorlipman/2013/06/17/7-
management-practices-that-can-improve-employee-productivity/#11a3fc39484c>
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