MG413 - Data Insights: Digital Disruption Impact on Tesco Retail

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This presentation provides an overview of digital disruption and its impact on the retail sector, focusing on Tesco as a case study. It discusses the role of data as a business tool, the impact on job types and required skills, and the use of questionnaires and interviews to gather insights. The presentation also covers the effects of digital disruption on decision-making, employment, and future job prospects. It concludes that digital disruption is crucial for organizational growth and profitability, requiring careful consideration of investment and structural changes. Desklib offers similar solved assignments and past papers for students.
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Digital Disruption
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INTRODUCTION
Digital disruption can be referred to as the changes that take place while
affecting technology markets and associated areas like processes and
industries. Here, transformation occurs owing to new and unique digital
technologies as well as business models. Such kind of innovation affects
the values of products as well as services sold within a specific business
sector. This PPT is based upon TESCO which is a multinational retail
organisation headquartered in United Kingdom.
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DIGITAL DISRUPTION
In general English, disruption might have some different meaning but in
relation to digital it is defined as "the changes that are caused by the
implementation of new technologies wherein these new and emerging
technologies possess the capacity to recast the value of products as well
as services that are already present within the business industry."
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IMPACT OVER BUSINESS
ORGANISATIONS
The new innovations in digital field are changing the phase of modern era. These
changes in digital technologies are having huge effect on the business of
organizations. Areas like production of goods and relation with customers etc.
gets affected. This transformation may give good as well as bad outcomes. So
we can say that it is risky too. Business and the way of doing business have
changed a lot because of the great revolution in digital technologies.
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USE OF DATA AS BUSINESS TOOL
Data is considered as the specific information on particular topic. It can be in
the form of numerical figures or written interpretation. Every organisation
believes in collecting data from different sources which are used for various
aspects. Data collections are mainly divided in two types that are, primary
and secondary. Both of these types are further classified into various
sources.
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QUESTIONNAIRE
Questionnaire refers to the set of questions which are prepared by marketing
team of company in order to collect information from the chosen
respondents from the overall sample population. Questionnaire can be in
the form of written document or it could be in the printed form.
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SAMPLING TECHNIQUE
Sampling refers to the technique which is helpful for individual to have
basic idea about the whole population by considering only few people.
The technique is also helpful for obtain best feasible results within
minimum available time. Sampling techniques are mainly categorised in
some sub techniques that helps an individual or researcher in choosing
their sample population effectively.
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INDUSTRY SECTOR OF DEGREE
The degree gained is of business management and the skills set as well as
knowledge base acquired as a result of it would be executed within
shipping area of retail sector. Shipping is in itself a business sector
wherein large quantum of commodities is transmitted from one location
to another. . With evolution of time, a number of changes have taken
place within this sector such as delivery by roadway or airway. TESCO
operates in online format and is known to have the largest supply chain
within UK.
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The questionnaires were sent to a total of 50 participants. Majority of the
respondents answered to the questions, however, 5 persons did not
respond to the questionnaire owing to the lack of adequate and relevant
knowledge about company as well as the potential to give answers to the
enquiries made from them.
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SCREENSHOT OF
QUESTIONNAIRE
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AMMENDED QUESTIONNAIRE
While interaction with the respondents and other participants it has been
analysed that actual questionnaire requires some modification in order to
make it easier for respondents,. In this regard, some changes have been
made in the questionnaire so that they can be presented in more effective
manner in front of respondents.
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INTERVIEW TECHNIQUE
Interview refers to interaction among interviewee and interviewer. In the
discussion some questions have been asked interviewer to interviewee
related to job, career or personal experience in order to evaluate skills,
capability and knowledge of interview. The technique is helpful for
businesses in selecting right candidate by judging them effectively. The
technique is of many types such as structured, stress, semi structured
behavioural etc.
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