Current Leadership Challenge: A Case Study of Tesco Supermarket, UK
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This article discusses the current leadership challenge faced by Tesco supermarket in the UK and provides recommendations for overcoming it. The article also includes a literature review, research methodology, and limitations.
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Running Header: Business Leadership Current leadership challenge: A case study of Tesco supermarket, UK Authors Name: Authors ID:
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Business Leadership Contents Introduction......................................................................................................................................3 Project objective..............................................................................................................................3 Project scope....................................................................................................................................3 Literature review..............................................................................................................................3 Research methodology.....................................................................................................................5 Research limitations.........................................................................................................................6 Conclusion.......................................................................................................................................6 References........................................................................................................................................7
Business Leadership Introduction Information overload is key leadership challenge that is faced by Tesco.In the following literature review, there will be a discussion on this current leadership challenge faced by the company Tesco based in UK. The main business of this company is customer oriented (Rosenbach, 2018). The main aim of the company is to provide the customers with a high quality services and make them feel that they are receiving value for their money. For every company the final goal is to be the number one company in the market of its kind. Thus in order to reach that pinnacle of success the company has to make effective changes in the leadership styles of the organization and manage the people working there, from administrators to assistants. Project objective The main objective of this research is to discuss the current leadership challenge faced by the company Tesco and how it can overcome this challenge in the near future (Gallos, 2014). First of all, this challenge will be pointed out and then there will be suggestions for each of those challenges. The main objective is to highlight a current leadership challenge faced by the company. Then there will be exchange of ideas which needs to be followed by the company. The further aim is to make the company aware about the necessity to improvise its leadership style. So the above mentioned points are the main objectives of this project. Project scope The purpose of this project is to design a framework for the company Tesco, which defines the current leadership challenge, faced by the company and at the end of the following literature review there, will be certain recommendations for the company; by following those company can come out of the current crisis (Latham, 2014). The above mentioned recommendations can be
Business Leadership proved valuable for the company in the time of crisis and when there is urgent requirement of ideas and there is a need of immediate response. Literature review In the presented researchJohnson, (2017)is mainly focusing on the current leadership problems faced by the company. Actually, the very first question is what leadership is and what its various types are. Leadership basically is the process of motivating, influencing and inspiring other people to do the work in a better way and ultimately take the organization on the path of success. This is basically all about coaching or training other people, developing certain skills in them. They clients are to be treated with respect but eventually they must be challenged. The main objective of a leader is to build up a strong team and fulfill all the goals of the organization. There are different types of leadership styles, ranging from autocratic, through democratic to laissez-faire. In order to achieve successful leadership, there is a need to be visionary and curious about the coming future of the company. In today’s time the main work of a executive is to build up a strong team and face the challenges which the company encounters from time to time, also there should be adaptation in the working as per the changes in the recent technology, thus setting up a strong business firm (Sreejesh, Mohapatra and Anusree, 2014). It can be noticed that being a leader is much more difficult today than it was five years ago. The current leadership status of the company Tesco needs to be reformed. As adapting according to the situations; never go out of style. Here are some of the top leadership challenges faced by the company, Tesco and its business executive in the market today and there are certain recommendations for its leader to meet these challenges in the near future: One of the major challenges which Tesco is facing is that of the information overload. Now the managers have access to an extensive amount of data. They have databases of the
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Business Leadership company filled with information every day. Although it helps a lot in the decision making process, but sometimes it becomes overwhelming. Only the strong leaders know how to extract the best out of the information they are provided with. They need business analysts who can aid them in this process. There is a need for wider ranging knowledge. There is a division of work between the various executive but they lack the wide knowledge of the work in the other departments because they remain confined to their particular departments (McNabb, 2015). But in today’s times it becomes important for the leaders to have a broad view of the work they are doing. It is one of the traits of a successful leader that he gets involved into inter-department activities; they should extend their duties to the other departments also. There is a demand for skilled talent. In today’s time, the demands of various professionals have increased and it becomes even harder to find top performs. In order to overcome these problems, the leaders should have strong communication skills (Hair, Wolfinbarger, Money, Samouel and Page, 2015). They should be able to communicate to their colleagues and remove all the possible communication barriers. They should be able to clearly communicate the mission of the company to everybody and should always be prepared for the greater responsibilities. They should also try to get a feedback for their communication styles. One more thing, the firm needs to be aware about the competition which it has to eventually face in the market. In order to compete with these challenges, it has to make suitable challenges according to time. There is strong need to adapt new technology. Research methodology Quantitative research methodology has been used while writing this article. It is a broad process which is further segmented into various phases (Bryman, 2017). Literature review questionnaire
Business Leadership is the tool that has been utilized for generating and collecting and then analyzing the collected data. Data collection method In this research, researcher will use both primary and secondary data collection methods for gathering the information regarding key challenge of leadership in Tesco. In this way, primary data would be gathered through survey through questionnaire and secondary data would be gathered through literature review. Along with this, secondary data would be collected through different general article, text books, academic publication and online websites (McNabb, 2015). Sample and Sample size Simple random probability sampling method will be used to choose the sample from large number of population on random basis. It would be beneficial for avoiding the biases from research. Researcher will select 55 employees of Tesco as a sample size from different geographical areas of UK for conducting the survey through questionnaire. Data analysis method In this research, gathered data would be analyzed through statistical data analysis method. This method would be selected for assessing the means, regression and correlation between the variables. Furthermore, Ms-Excel software would be used to present the bar charts, column graphs and table in order to understand the data in a comprehensible way. Research limitations After analyzing the above literature review, it can be stated that the company has to make effective changes in its leadership styles to face the problems prevailing. Conclusion
Business Leadership Today the business environment is consistently changing and to cope up with those changes, there is a need of strong leadership. Leaders can’t achieve the goals of the company without building a strong team.
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Business Leadership References Bryman, A. (2017) Quantitative and qualitative research: further reflections on their integration. InMixing methods: Qualitative and quantitative research(pp. 57-78). New York: Routledge. Gallos, J.V. ed. (2014)Business leadership: a Jossey-Bass reader. John Wiley & Sons. Hair Jr, J.F., Wolfinbarger, M., Money, A.H., Samouel, P. and Page, M.J. (2015)Essentials of business research methods. New York: Routledge. Johnson, C.E. (2017)Meeting the ethical challenges of leadership: Casting light or shadow. Sage Publications. Latham, J.R. (2014) Leadership for quality and innovation: Challenges, theories, and a framework for future research.Quality Management Journal,21(1), pp.11-15. McNabb, D.E. (2015)Research methods in public administration and nonprofit management. New York: Routledge. Rosenbach, W.E. (2018)Contemporary issues in leadership. New York: Routledge. Sreejesh, S., Mohapatra, S. and Anusree, M.R. (2014)Business research methods: An applied orientation. US: Springer.