logo

Leadership Styles Assignment - UK RETAIL

9 Pages2594 Words323 Views
   

Added on  2020-11-12

Leadership Styles Assignment - UK RETAIL

   Added on 2020-11-12

ShareRelated Documents
UK RETAIL
Leadership Styles Assignment - UK RETAIL_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 2............................................................................................................................................3Brief introduction of the firm.................................................................................................3Vision, leadership style, management practices and strategies of Tesco...............................4Implementation of above strategies and management practices............................................6Recommendations for improvements.....................................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
Leadership Styles Assignment - UK RETAIL_2
INTRODUCTIONLeadership styles are very essential for the leaders so that they can perform their functionin an effective manner. The managers and leaders has the responsibility to look after theirsubordinates so that they can execute their assigned work in proper manner. Both managers andleaders needs to follow the suitable leadership styles for leading the employees towards theorganisational goals. Taken firm in this assessment is the Tesco which is the third largest retailfirm of world based in UK. Company is providing a wide range of products such as books,clothing, electronics, furniture, toys, petrol, software, financial services etc. This report willcover the brief introduction of Tesco along with the vision, leadership style, managementpractices etc. of the Tesco by using various theories. Further, the implementation of abovefactors by the organisation along with the recommendations for improvement will be provided inthis report.TASK 2Brief introduction of the firmTesco is a British multinational groceries firm having headquarter at England, UnitedKingdom. It is the third-largest retailer in the world in terms of the gross revenues and ninthlargest retailer in the world in terms of the revenue. The company is operating its businessoperations in seven countries across the Asia and Europe. Tesco is the market leader in thegroceries segment of UK covering around 28.4% of market share of UK. The company has morethan 6569 stores across the seven countries and employing more than 460,000 employeesthroughout their stores. Tesco is listed on the London Stock Exchange and is a constituent of theFTSE 100 Index. The company had market capitalization of around £18.1 billion in April 2015.Company was founded by Jack Cohen in the year 1919 as a small group of the market stalls. Thefirst Tesco shop was opened in 1931 at Burnt Oak, Barnet and by 1939, company had seenstrong growth having more than 100 Tesco shops across the country. Originally Tesco was anUK grocer but after the 1990s, company expanded their operations in 11 other countries aroundthe world (Amagoh, 2019). The company is presently providing a long and wide range ofproducts and services to the customers such as retailing of books, clothing, electronics, furniture,toys, petrol, software, financial services, telecoms, and internet services etc. Tesco has a widerange of operations and having other shops such as Tesco Extra, Tesco Superstores, Tesco
Leadership Styles Assignment - UK RETAIL_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Leadership Style, Management Practices, and Strategies at Tesco
|9
|2641
|198

Principles and Practice of Marketing INTRODUCTION
|18
|4732
|243

Leadership and Management Style in Tesco
|10
|2996
|75

Management Practices in Tesco
|8
|2450
|375

Vision, Leadership Styles and Management Practices and Theories - Tesco
|10
|2712
|380

(pdf) Human Resource Management - UK
|15
|4114
|321