Unit 4: Management and Operations - Leadership and Management at Tesco

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Added on  2023/04/10

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This report provides an overview of leadership and management concepts within Tesco, a multinational retail giant. It begins with an introduction to Tesco, highlighting its key operations and functions, followed by an examination of the roles and responsibilities of managers in these operational functions. The report explores various operational approaches, including reconfigurable manufacturing, Six Sigma, and lean manufacturing. It also analyzes the impact of external environmental factors, such as sociological, technological, legal, political, and economic factors, on Tesco's decision-making processes. Furthermore, it discusses how operational efficiencies can be improved and explores different leadership and management approaches, such as functional and behavioral style approaches. The report concludes with recommendations for Tesco to enhance its performance, emphasizing the importance of focusing on specific business lines, establishing effective teams, adopting a unified approach, and closely monitoring relevant factors. The report is supported by references to various sources to validate the information and analysis.
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LEADERSHIP AND
MANAGEMENT
CONCEPT
TESCO
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INTRODUCTION
TESCO:
Multinational groceries and merchandise
retailer
Headquarters in UK
ninth largest retailer
Shops in seven countries
Market leader
Diversified into various areas (Tesco PLC,
2019).
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Key operations of Tesco
Tesco metro
Tesco supermarket
Tesco extra
Tesco express
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Key functions of Tesco
Finance
Human resource
Marketing
Production
Administration (Annualreports.com,
2018).
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Roles and responsibility of manager
in key operational functions
1. Roles:
interpersonal roles
Informational roles
Decisional roles (Natter, 2019).
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2. Responsibilities:
Monitoring Financial performance
(Quain, 2019).
Supervise supply chain
Staffing
Workflow
Customer services (Woodman, 2019).
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Key operational approaches to
operational management
Approaches:
1. Reconfigurable manufacturing
2. Six sigma
3. Lean manufacturing (Anastansia,
2016).
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external environment factors
and its impact
External Factors which affect Tesco
business operations:
1. Sociological factor
2. Technological factor
3. Legal factor
4. Political factor
5. Economic factor (Tesco, 2014).
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Affects decision making by
leaders and managers
These 2 Factors widely affect in decision
making by leaders and managers:
1. Economic
2. Cultural
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How operations efficiencies
can be improved?
Reduce input
easy to collaborate
secure, consistent access to information
Streamline communications
effective business processes
(Agriculture and agri-food canada,
2016).
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Leadership and management
approaches
Functional or group approach
Behavioral style approach
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Conclusion
It is concluded that effective management
approaches helps to improve the efficiencies
of the company and its key functions.
The effective role and responsibility of
manager enhance the productivity of
company as well as staffs.
The external environment have both
negative and positive impact on operations
of Tesco.
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