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Understanding and Leading Change : Tesco

   

Added on  2020-07-23

14 Pages4207 Words44 Views
Leadership Management
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Understanding andleading change
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK1.............................................................................................................................................1P1 Compare various organisational examples where there has been an impact of change oncompany's strategy and operations. .......................................................................................1P2 Explain internal and external drivers of change those create effect on leadership, team andindividual behaviours within a company................................................................................3P3 Explain some factors those minimising negative impacts of change on employee'sbehaviour................................................................................................................................6TASK2.............................................................................................................................................7P4 Evaluating various barriers for change and find out how they influence leadership decisionmaking with in work place ....................................................................................................7TASK3.............................................................................................................................................9P5 Explain different leadership approaches to dealing with change in work place ..............9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
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INTRODUCTIONChange is a systematic process to deal with the transition and transformation ofcompany’s goals, objectives and technologies. Through change, firms gain competitiveadvantage in the market place. An organisation makes strategies and plan to implement change atwork place. Leaders and managers; both are contributing their efforts for executing changewithin their departments or team members. Market is highly competitive and so, company hasmade innovative products and services to compete with competitors. In this report, two firm havebeen introduced i.e. Tesco and Primark. Both are working in the same industry. Tesco is aninternational retail store, that provides their services over 12 countries with almost 2500 storesworldwide . Their headquartering is in Welwyn Garden city, UK. Primark is a Dublin basedretail firm operating most of their business operation in the United Kingdom. Primark has 350stores in all over the UK. In this report, analysing change impacts on both organisation'sstrategies and operations (Anderson and Anderson, 2010). Explain internal and external drivingfactors of change and minimising negative impact of change on organisation. Analysing severalchange barrier and how they influence leadership decision making, overcome form these issue byusing appropriate leadership approaches. TASK1P1 Compare various organisational examples where there has been an impact of change oncompany's strategy and operations. Change is an activity which is used by organisation to enhance employee’s qualities andproductivity in order to gain long term profitability and sustainability. Change management is aprocess for planning, directing, controlling and executing change at work place. Globalisationhas provided opportunities to firms and thus increased their sale of products and services atmarket place. So, it increased their profitability as well as market share. Leaders and managershave capabilities to manage change at work place in an effective manner. TESCO and Primark; both are working in the same industry and provide same kinds ofproducts and services to their customers. But their strategies and operational process are differentfor attracting and fulfilling a large number of customer's demand (Anderson, 2016). TESCO issuccessfully running their business operations and focusing over high quality product deliveryalong with adding value to their loyal customers. 1
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