Performance Evaluation of Tesco

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Added on  2023/01/03

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This presentation provides a performance evaluation of Tesco, including current trends in the supermarket sector, Tesco's performance since October 2015, SWOT analysis, and growth opportunities.
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Performance evaluation
of Tesco
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Table of content
Introduction
Current trends in supermarket sector
Tesco performance since October 2015
Current performance of Tesco
SWOT analysis of Tesco
GROWTH Opportunities & Recommendations
Conclusion
References
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INTRODUCTION
Performance evaluation is one of the major sources to enhance the
ability of the employees so that they can attract the large base of
customers for gaining the higher profits and revenues. This
presentation includes recent trends in supermarket sector, Current
performance of Tesco and since 2015, growth opportunities, SWOT
analysis that helps in generating the high profits and sales.
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Current trends in the supermarket
sector
In supermarket sector there are several trends that companies can
follow which can be shown below in context of Tesco:
In store pop ups
Aiding product discovery
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Tesco performance since October
2015
Since 2015, the performance of the Tesco is to be moderate where
they can ensure that the goals and objectives of the organization
can be meeting successfully. It is one of the strategic tools for the
organization which is helpful to satisfying the employees and also
the business enterprises as a whole.
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Current performance of Tesco
Currently Tesco have the world class performance management
system in their working place. In this employees are encompasses
to process the organization strategic goal, individual and groups so
that high profitable results can be enjoyed. It is indulges in the
HRM function that helps in managing to develops the future
growth strategy.
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SWOT analysis of Tesco
It refers to that aspects which is useful to acknowledging the
internal strength and weaknesses and examine the external
opportunities and threats of the Tesco so that high revenues can be
generated by the organization in their long term survival.
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STRENGTHS
Strength- The major strength of Tesco is their growth and their
best financial condition due to which they can highly focus on
investing for gaining the profits and revenues.
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WEEKNESSES
Weaknesses- The major weaknesses of Tesco are the shortage of
the products due to which customers are switching the brand and it
will reduce the profitability of the organization.
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OPPORTUNITIES
Opportunities – The Tesco opportunity is to enhance their market
via online platform so that more and more customers are to be
attracted in a small period of time and it will helpful in gaining the
competitive advantage within the marketplace.
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THREATS
Threats – in Tesco there are several competitors are to be present
within the market that are Waitrose, Morrisons etc. as these firms
are also selling the same type of offerings to their buyers which
will reduce the profit margin of the firm.
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GROWTH Opportunities &
Recommendations
The growth opportunities of Tesco are based on growing the market
within the new area so that more new customers are to be attracted so
that high profitable results can be enjoyed. In this company need to
invest more financial resources and it is recommended that that they can
adopts the bank loan as it is highly secured and effective for gaining the
market share of the organization and also their longer survival.
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Conclusion
From the above analysis it is concluded that performance evaluation is
prominent within the organization as it helps in adopting the current
trends that can be present within the marketplace for attracting the
large base of customers. It also includes the SWOT analysis that helps
in examine the internal strength and weaknesses and also the external
opportunities and threats so that high profitable results can be enjoyed.
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References
Jakhar, S.K., 2015. Performance evaluation and a flow allocation decision model for a
sustainable supply chain of an apparel industry. Journal of Cleaner Production. 87. pp.391-
413.
Goyal, V. and Mishra, P., 2016. A framework for performance evaluation of channel
partners in distribution relationships. International Journal of Productivity and
Performance Management.
HU, J.N., ZHANG, J. and DENG, H., 2017. Establishment of Performance Evaluation
Index System of Railway Transport Enterprises based on Balanced Score Card. Railway
Transport and Economy. (2). p.14.
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THANK YOU…
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