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Leadership and Management in Organization and Business Strategy

   

Added on  2023-01-05

12 Pages3449 Words24 Views
Leadership and Management

Table of Contents
INTRODUCTION...........................................................................................................................3
Leadership and Management theory in organization and Business strategy...............................3
Transactional and transformational management and leadership theories..................................6
Relationship between Personality, motivation and leadership and their impact on organization
......................................................................................................................................................7
Understanding competitive strategy in current scenario with development of leadership and
management.................................................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES................................................................................................................................1

INTRODUCTION
Leadership has capacity to influence the individual or group of individual and guide people or
other members of organization. It is an art of motivating group or individual towards achieving
common goal. Management is coordination in making tasks to be achieved including
organizational strategy and coordinating efforts to their staff objectives through which resource
is available (Adams and Velarde,2018). Tesco multinational general and groceries company with
headquarter at England, United kingdom. The product includes software, electronics, tools,
financials services, retailing service of books, clothing, telecoms, internet services and so on.
This report analyse about leadership, management theories which is relation to strategic
development and states about modern interpretation of transitional and transformational
management. Also, analyse the contemporary relationship between individual personality,
leadership and motivation impacts on employee and organizational structure. Report also states
in understanding current leadership and management research of an effective competitive
strategy.
Leadership and Management theory in organization and Business strategy
Leadership is process that influences socially in which people in company can support other
people to accomplish of common task and also guide individual, team or entire organization.
Classical leadership theory-
There have been many theories what make leader to be a leader and Tesco has also adopt various
leadership theory according to demand of situation or analysis to customer(Afsar and et. al.,
2017). Most of them theory are describes below:
Transactional theory- In transactional theory there are three elements include such as
management by passive, exception and dependent on rewards. Tesco, leader show trust to their
employee when they are being applied management by exception. Passive theory leader fails to
deliver projects on time. Dependent on rewards theory says it helps in more motivating employee
while by doing their rewards function and also inspire for their future.
Contingency theory- This theory basically related to different types of variables to the
environmental factor which are strongly sufficient to influence situational of leadership
approaches in Tesco (Anwar and Hasnu,2016). According to this theory, leadership are not

considered to be successful leader. Hence, good leader are considered to be with leader abilities
and skills in organization.
Situational theory- In this theory leader are able to determine the situation which s being
occurred in organization and those leaders are skilled enough to take immediate decision on the
basis of situations. This type of leadership theory is mainly important in any retail supermarket
such as Tesco while because any time situations arises like product defects or customer services
than, situational leadership theory are immediate to take decision.
Classical management theory-
There are many business theory which focus on making business to be success and leads the
right path way for employee.
System theory- generally system theory is that system which composed the interacting elements
that are taken by their environment. It is the best way theory for Tesco because it concentrates
about the management process that how system in business is working.
Bureaucratic management- In this theory Tesco organization relates to formal hierarchy which
makes target is delegated individual or group or either they are held together.
Scientific management- This theory defines about the completion of task with specifically
knowledgeable person of that field. It can be used in learning theory for organization and best
way for producing best results for Tesco.
Business strategy-
Mission of Tesco: Creating value for customer, to earn customer loyalty for lifetime.
Vision of Tesco: Growth for company, committed staff and stakeholder, modern or contemporary
company and profits locally, applying skills globally.
PESTLE analysis:
Tesco is UK supermarket industry in the market and one of the largest leader retailing company
in world. Analysis of company PESTLE are as follows-
Political factor:- Tesco is British retailer company which is operates in many more countries.
where in political environment company is stable in creating lot of uncertainty. Hence,
organization has proved current and future legislation and adjust its business according to market
policies.
Economic factor:- In present globally economics is affected by Covid-19 through which the
people income is low as compare to their expectations and many of them has lost their jobs. This

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