Developing Leadership and Management Skills in Tesco Plc

Contents
Introduction to report and outline of chosen organization...................................................................2
Analysis and comparison of leadership and management....................................................................2
Key performance metrics of organizational sector/market/industry....................................................4
Organizational leadership and management performance...................................................................5
CONCLUSION....................................................................................................................................7
REFERENCES.....................................................................................................................................7

Introduction to report and outline of chosen organization
The organisation which is selected for this report is Tesco Plc. Currently they are British
public limited company dealing in the retail industry and was founded in 1919 by Jack Cohen. It is
UK's biggest retailers by sales and also the nation's biggest private employer, with more than
330,000 staff working in 3,146 stores .Tesco is also a large size company, as it's one of largest food
retailers in the world. Its scope is broad as its already a largest retailer in UK and planning to
expand in US. Mission is very simple is to be the champion for its customers and create a value to
earn their trust and loyalty. Tesco is one of the largest supermarket chain present in headquartered
in United Kingdom. They are the leading brand which offers large variety of grocery and general
merchandise product to their customers. The company was established in 1919. They conduct their
business operation across the globe in various countries such as Europe, japan etc. They have
expanded their business operation worldwide in the year 1990's. The management of this company
also has various divisions such as bank, Tesco Bank, Tesco Mobile, Tesco Ireland and many other
division due this they have build strong market position in the mind of their customers. In starting
they offers only grocery products but after seeing the growth in their business they start dealing in
various other retailing sector such as books, clothing and many more day-to-day products to their
customers under the one roof. Objective of Tesco is to provide good quality products and services at
a lower cost. To become a leading retail supermarket. Its vision is to create a value for its customers
to earn their lifetime loyalty.
Analysis and comparison of leadership and management
Although leadership and management are sometimes confused, it is important to understand that
leadership is an important component of effective management. As an important aspect of
management, excellent leadership focuses on creating an environment in which each individual may
develop independently and achieve their full potential. Leadership is described as the ability to
influence and motivate others to work hard and achieve their objectives. When a boss has leadership
qualities but does not act like one. A management must consider leadership characteristics. Leaders
devise and implement tactics to maintain a competitive advantage. With today's workforce, a
spectacular organisation must have excellent leadership and management capabilities. The
following are the distinctions between leadership and management:
 Leaders are people who seek out vision. They mostly aid in the expansion of an
organisation. They are continuously evaluating where their company is, where it wants to
go, and how they can get there as a team..
 Managers try to achieve organisational goals by integrating operations such as financial fund
analysis, organisational development, and personnel management. Managers' vision is

linked to the implementation of a plan of action, as well as the creation and management of
tasks necessary to achieve the goals specified by leaders. However, in corporate situations,
each of these responsibilities are as important and necessitate collaborative efforts.
 Leaders are more concerned with positioning and inspiring employees than with assigning
work. They do so through supporting individuals in visualising their function in a larger
framework, as well as the opportunity for additional growth that their activities may provide.
 Managers get objectives through joint actions and planning processes. To get the objectives,
they divide long-term goals into small clumps and organise economic elements.
 A leader's question is what and why, but a manager's question is how and when. To be fair to
their duty as a leader, one can speak up and question authority to review actions that are not
in the best interests of the organisation and its members. When a company hits a snag, a
leader should go forward and ask, "How much did we gain from this?" and "Why did this
happen?"
 The function of the manager is not to measure and analyse non-accomplishment. Their
position statement emphasises the necessity of asking When and How to ensure that
plans are carried out correctly.
 Level of leadership is determined by someone else's behaviours. If an individual actions
encourage others to accomplish their best, then they are a leader .
 A manager is a job title that encompasses a variety of responsibilities.
 A leader is produced or comes forward in an organisation, and a manager is a function that
has relevance in specific purposes within the framework of an organisation. Great leadership
motivates and influences others to attain goals.
 A manager is a person who is assigned or appointed to a position within an organisation. A
manager is selected based on a set of technological abilities, knowledge, and expertise..
Organisation leadership is important for an organisation as:
 Encourages the team- Members of the team treat the leader with respect. They will be
motivated to model a positive attitude for their workgroups and themselves, as well as
recognise how they can contribute to the company's long-term success.
 Encourages interaction, ethics, diversity and appreciation-. The organization's aims are
embodied by the leader, who also exemplifies the information exchange, ethics,
involvement, and respect that are expected of all members. The emotionally mature
organisational leader communicates to all sorts of employees that their efforts and efforts are
valued, as each function is vital for the overall success of the company.
 Allows for the development of a problem-solving and decision-making attitude- In a
secure and respectful setting where people are not scared to talk, wonderful ideas can