Talent Management in Tesco: A Case Study

TALENT MANAGEMENT

Abstract
Talent management is the most interesting and trending topic in the existing business
environments which supports organizations to succeed in long run who owns an edge over the
rivals in terms of developing and maintaining the talent in the organization.

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Company Overview.....................................................................................................................3
Literature review..........................................................................................................................4
HR practices ................................................................................................................................5
CONCLUSION AND RECOMMENDATION...............................................................................7
REFERENCES................................................................................................................................1

INTRODUCTION
Talent management is a process in which the organization plans a strategy of getting a right
talent onboard and helping them to grow their capabilities so that they can meet the
organizational goal. This report is based on the case study of “Tesco” company in respect to its
Talent Management. Tesco is British Multinational grocery and general mechanize retailer in
UK having a headquarter in Welwyn Gradwn city (Aiello and et.al., 2020). The company is
founded in 1919 by Jack Cohen. Tesco is famous UK grocery store that currently operates in 11
different countries across Asia, Europe and North America. Tesco brand is appeared in first five-
year later in 1924. Henceforth, report is introduced the talent management of organization,
literature review and different HR practices in context of TM for improving the performance of
organization.
MAIN BODY
Company Overview
Talent management in context of Tesco. It is a multinational grocery store. The company
employs approximately 4,50,000 people worldwide and operates approximately 6800 stores all
over the world. The financial performance of Tesco annual revenue amounted at almost £63.911
billion British pounds in UK and increase approximately 1.3billion pounds compared to the last
financial year. Tesco announced a group of operating profit before exceptional items was 13.5%
to the £2.9billion. Tesco served in the area of UK, Ireland, India, Czech Republic, Slovakia,
Hungary with various divisions like Tesco store Ltd, bank, mobile, Ireland, Dunnhumbly,
spenhill, family Dinning ltd. Booker group (Awadari and Kanwal, 2019). The company having
some brands as Jack's, One stop, F&F, booker, Makro, premier. Its products are available in
supermarket, hypermarket, superstore, convenience stop. Tesco is one of the leading supermarket
brand in UK having the highest ranking in grocery market share with its annual sales of
approximately £39 billion British pounds.
Literature review
According to Karas (2017), talent management is described as orderly organized, strategic
procedures of acquiring the actual talent on board and supporting them develop to their optimal
abilities by keeping company's goals in mind and the procedures thus includes recognizing talent