Strategic Management and Leadership

STRATEGIC MANAGEMENT
AND LEADERSHIP

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
1.1 Importance of external factors affecting the business...........................................................3
1.2 Needs and expectations of shareholders................................................................................4
1.3 Major changes in the external environment...........................................................................4
2.1 Tools to analyze the effects of business plan.........................................................................4
2.2 Analyze and review the current position of the company and evaluate the competitive
strength and weakness of the company.......................................................................................5
2. 3 Competitive strength and weakness-....................................................................................5
3.1 Tools to develop strategic options for the company..............................................................6
3.2 Comparative actions between Tesco and Sainsbury and the future strategy of the company
.....................................................................................................................................................7
3.3 Options to form the basis of future strategy..........................................................................7
4.1 suitable structure for the strategy plan...................................................................................7
4.2 Criteria for reviewing potential options for strategy plan.....................................................7
4.3 the key factors you would consider while constructing a strategy plan................................7
5.1 Core values of Tesco with its current business objectives....................................................8
5.2 Mission, vision objectives of Tesco and future management objectives of the company.....9
5.3 Future management objectives of Tesco-..............................................................................9
5.4 measures for evaluating a strategy plan.................................................................................9
6.1Schedule for implementing strategy plan.............................................................................10
6.2 dissemination process to gain commitment from stakeholders...........................................10
6.3 Monitoring and evaluation system of Tesco........................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Strategic leadership refers to a manager's potential to express a strategic vision for the
organization, or a part of the organization, so that they can motivate the employees and work up
to the vision set by the leaders of the business. Strategic leadership can also be defined as
utilizing strategy in the management of employees. This report covers issues such as Importance
of external factors affecting the business. Needs and expectations of shareholders. current
position of the company and evaluate the competitive strength and weakness of the company.
Tools to develop strategic options for the company. Comparative actions between Tesco and
Sainsbury and the future strategy of the company. key factors you would consider while
constructing a strategy plan. Core values of Tesco with its current business objectives. Mission,
vision objectives of Tesco and future management objectives of the company and Monitoring
and evaluation system of Tesco.
MAIN BODY
1.1 Importance of external factors affecting the business
Factors which are external immediately affects the planning of a company. Other than this
managers of the companies such as Tesco has to work on new strategies so that they can
satisfy the needs and wants of their consumers. Globalization is another factor which the
companies need to take care at the time of expansion or diversification and for that managers
of the company does a thorough investigation in order to determine the needs of new markets
and the demand made by people there so that the company can work on formulating the
strategy and bring innovation so that they can reduce the impact of external factors in the
market and achieve growth (Jumaa and Alleyne, 2017). In order to assess the requirements
and changes of the environment they need to do the analysis of market with Pestle model so
that they can make decisions on the basis of that.
1.2 Needs and expectations of shareholders
Each of the stakeholder of the company has different needs and concerns and Tesco identifies
them all. For instance owners of the company expects that their venture must be profitable
whereas bodies of government expect from the company that they pay their taxes on time.
The importance of this course helps the company to plan their actions so that they can

determine and fulfill the needs of their stakeholders. Stakeholders of the company influence
their decisions (Belias and et.al., 2017).
Customers-
They are the ones who leaves a drastic effect on the decisions making strategy of the
company. If the company do not have support from their loyal customers then they won’t be
able to survive in the market. Managers of Tesco gets influenced by this subject and
considers them in most of their decisions.
Employees-
Managers of the company maintains the relationship with their employees so that they
can get loyalty from them. Apart from this they also work on establishing the policies of
HR in order to handle the diversity of growing workforce.
If the needs of stakeholders of the company are satisfied then they will invest in the company
and company will get repeated business from them.
1.3 Major changes in the external environment
Tesco is loosing their share in the market because of high level of competition form Aldi,
Lidi and Sainsbury. The products that they are offering at low prices is better than Tesco also
because of the scams that the company has been trust of the consumers is also affected on the
brand.
2.1 Tools to analyze the effects of business plan
In order to analyze the effectiveness of the current business plan implemented by Tesco it is
necessary that company conducts a SWOT analysis to gain the knowledge.
2.2 Analyze and review the current position of the company and evaluate the competitive
strength and weakness of the company
Porter’s five forces of Tesco
Threat of new entrants-
Companies which are entering newly into the market is bringing innovation, new
measures such as low prices of products, offering new prepositions to the customers which is
increasing the pressure on the company. In order to reduce the impact of these barriers Tesco has