Understanding Organisation Performance

UNDERSTANDING
ORGANISATION
PERFORMANCE

Table of Contents
Introduction of the organization with functions, activities, operation measures and business
environment.....................................................................................................................................3
Detailed methodology of analytical approach that demonstrate the critical understanding of
performance measurement...............................................................................................................4
Performance management system used by enterprise with identifies for improvement and
decison making process required to improve performance.............................................................6
Recommendation to bring performance management within enterprise. .......................................8
CONCLUSION....................................................................................................................................9
REFERENCES...................................................................................................................................11

INTRODUCTION
Organization performance can be defined as analysis of firm performance as compared to
goals and objectives (Syed and Ozbilgin, 2019). There are core three components as financial
performance, shareholder value performance and market performance. High level of employees
engagement within an enterprise can be linked to business performance, inclusive of increase
profitability, productivity and employee.
The present study is based Tesco, it is global leading enterprise that deals in product and
services of grocery marketing and it is supermarket chain that deals in grocery service.
Furthermore, report will be based on critical understanding on business activities, operations
and business environment. Henceforth, detailed will be given on performance management that
used by entity to identified areas for improvement, decision making to bring improvement. Lastly,
recommendation will be given to bring improvement in organizational performance.
MAIN BODY
Introduction of the organization with functions, activities, operation measures and business
environment.
Tesco plc trading is a British multinational groceries and general merchandise retailer that
has headquartered within Welwyn Garden city, England, United Kingdom. This was founded in the
year 1919. This is the enterprise that deals in varied department as cash & carry warehouse club,
department store, discount store, supermarket etc. Therefore, quoted enterprise mainly aims to
achieving profit, investing, and deals in offering product and services to customers. This has wide
number of stores within the 14 countries across Asia, Europe and North America. Therefore, the
functional areas of the all companies and there are different task that must be carried out regularly
in terms to reach the business and objectives. This is the enterprise that mainly takes the ways to
develop innovative commodities for the customers as this attracts the varied number of the
customers (Rana, 2019).
Therefore, functional area is defined as individual, area, department that carries out the
business functions such as marketing, sales, production and research and development etc. Thus,
main object of having functional areas in business that ensures about crucial activities that can be
carried out effectively and efficiently. The main aim of business activities of the finance department
that is must be record of the business transaction clearly. Therefore, quoted enterprise operations
includes cleaning, shelves filling etc. Therefore, higher management of the quoted enterprise set
differ kind of the objectives that in relations to category of choice, people and price.
Therefore, quoted enterprise employs 286,394 staff within the UK and all over the 460000 at

the worldwide level. In this, to serve the better bigger markets that to well trained staff. In addition
to it, there are at the three values such as value, normal and finest. Current trends of the enterprise
indicates that British customers that move towards one- stop and bulk shopping that due to variety
of the social changes. However, chosen enterprise is defined as consumer centered organization.
Additionally, stated that it is the enterprise that has aggregate market share of 30.5% with ASDA. In
addition to it, there are production components of the Tesco in which activities are service oriented.
Henceforth, this can be stated Tesco is taking various initiatives with terms to gain competitive
advancement.
Detailed methodology of analytical approach that demonstrate the critical understanding of
performance measurement.
Measuring the performance of employees can be defined as backbone to system
management. Additionally, effective approach to performance management leads to bring better
workforce environment (Christensen, 2015). Management defined as process of using resources of
organization to accomplish objectives of organization objectives by conducting the functions of
planning, staffing, leading and controlling in terms to accomplish organization goals. Furthermore,
controlling is termed out as process that guides varied set of variables in order to accomplished
preconceived goals and objectives. Therefore, management control system defined as system that
aids to achieve goals, enhance profitability and it also bring issues such as lack of employees
morale changes can also impact the performance of enterprise.
Performance management is termed out as strategic and integrated approach that assist to
enhance the effectiveness of enterprise by improving performance of the people. There are number
of components that plays crucial role in determining the productivity of employees and also
supports to bring overall organizational development. Effective performance system within the
system helps to bring out the desired workforce and also build competitive advancement. This can
be stated that performance appraisals, performance review and appraisals forms are the effective
terms that aids to carry out the better course of actions within the enterprise. Therefore, organization
needs to undertake the performance management system on the regular basis so that better plan and
actions can be undertake to bring out the better results.
As per the view of Lunsford, Benefitfocus com Inc, (2017) Stated that one of the oldest
techniques of performance management is to behavior approach and this consist of five to ten
vertical scales. This is one of the effective measurement approach that offers specific descriptions
along with frequency in relation to employees. Henceforth, Sylvia, 2015) stated that the another
approach that aids to measure out the performance of the organization is simple and straight