Leadership Practices within the Tesco: Assignment

Added on - 21 Feb 2021

  • 9

    Pages

  • 2811

    Words

  • 14

    Views

  • 0

    Downloads

Trusted by +2 million users,
assist thousands of students everyday
Showing pages 1 to 3 of 9 pages
Leadership Theory
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1General Overview of Tesco's activities.......................................................................................1Overview of leadership practices, styles, challenges and development activities within theorganization..................................................................................................................................2Strengths and weaknesses of leadership styles and impact on organizational performance.......5Recommendations for improving leadership practices................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONLeadership is a key element in effective management where all forms of leadership areimportant for organizations, ranging from senior management to first-line management.Regardless of whether you have a small or large organization, effective leadership is veryimportant. When leaders are effective, employees are dedicated, motivated and stronglyrepresented. This report includes the overview of leadership practices within the Tesco whichidentifies the various challenges and issues affecting the performance of the organization. It alsoanalyses the strength and weaknesses of leadership styles used in organization and also showsrecommendations on how to maximize organizational effectiveness.MAIN BODYGeneral Overview of Tesco's activitiesTesco is a large retail store in the tertiary sector that specializes in food and beverageproduction. They buy all of their products directly from the manufacturer, with the exception ofthe bread they make themselves. Following are some main features and business activities ofTesco and their specialty products are food and beverages. Tesco sells a variety of foods at verycompetitive prices such as organic, low-fat, and foreign foods. Tesco responded very quickly tochanging the taste of food and now sells many Indian food products i.e. Curry, which today isone of the most popular dishes in the UK. Their main activity is selling products to the public,such as supermarkets (Andersen, 2015). They have a grocery store, bakery, butcher and are alsosold every day as frozen food, drinks, cans, toys and other household appliances and theircustomers are only communities that live on location and need to make weekly or dailypurchases. Tesco also offers other services that are not part of its core business and this includessales of electronic goods, books, pharmacies and furniture, gardening tools, broadband access,ringtones and games, telephone contracts, and photo centres. They also carry out all types ofinsurance such as home and life insurance.Tesco is a customer-oriented company and the aim is to offer products that offer addedvalue and high quality services to their customers. Tesco wants to win new customers, but alsosatisfies their current customers. Customer loyalty is a cost-effective strategy for businessdevelopment because satisfied customers are good advertising for business. Tesco has a marketshare of more than 30% in the UK food market, which is almost twice that of its closestcompetitor. In fiscal 2009/2010, Tesco produced £38.6 billion in the UK and employed more1
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Download This Document