Research Report: Impact of Strategic HRM on Tesco's Performance

This report examines the impact of Strategic Human Resource Management (SHRM) on Tesco, a leading UK retailer. The research design includes a literature review, case study, and interviews with executives to explore the effects of SHRM on organizational effectiveness and market share. T...Read More

IMPACT OF STRATEGIC HUMAN RESOURCE
MANAGEMENT OF TESCO
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Table of Contents
3.2 Research strategy.........................................................................................................3
3.3 Methodology................................................................................................................. 5
Data Collection Method...................................................................................................5
Data analysis method......................................................................................................7
3.5 conclusion..................................................................................................................... 8
Reference list...................................................................................................................... 9
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Chapter 3 – Research Design
3.1 Introduction
In this chapter of the dissertation, it would likely be made by the characteristics to understand
the deep impacts of the studies in regards to the redundant introduction of the topic. Research
refers to the data collection and evaluation of factual data for the improvement of ideas in any
field. Tesco, one of the United Kingdom's leading merchants, was founded in 1950 with the
opening of its first superstore in England. By the use of methodical methodologies, research
aims to find answers to academic and practical concerns. The goal of research is to determine
explanations by the use of scientific methods. The major objective of development is to find
out what really happened that has been buried that has yet to be uncovered. The procedures
utilized to analyze the research issue are defined as a research methodology. By investigating
the research aims using the methodologies used. We should use both primary and secondary
research to perform the analysis on the effects of the World Wide Web on Tesco's significant
market dominance. The term "research methodology" refers to a method of solving a research
question by following a set of steps to conduct the study. The information gathered through
these methods is both quantitative and qualitative. As a result, the focus of this study will be
on the role of Strategic human resource management, in organizational effectiveness. In this
regard, Tesco, a retail behemoth in the United Kingdom, will be used as a case study, as well
as the effect of SHRM on the organization will be examined.
3.2 Research strategy
The data of Tesco's increased market share has been collected using a variety of research
methodologies by collecting the data. With respect to the (Lončar et al 2017), methodological
approaches can be carried out by experimentation, case analysis, surveys, research methods,
and a variety of other methods. To participate in this research paper, a literature review is
used as a research methodology. There are many kinds of research method these are-
Descriptive methods focuses on obtaining information in order to determine the essence from
something as it already exists. Quantitative study explores features of the proposed study that
aren't quantifiable and so can't be measured or analyzed quantitatively. Quantitative
approach, on the other hand, makes extensive use of measuring and statistical analysis tools.
Conceptual research in which new innovative ideas and thoughts and logical integrity are
included Various experimental observations are implemented in the empirical research.
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Applied research is created by solving the practical problems of the Tesco in the global
market that include the product design, processing and the policy making.
Case study approaches that are appropriate for a better knowledge of the research topic based
on the Tesco’s strategic plan of human resource management (Rosnizam et al. 2020. ). The
research technique was chosen since it aids in acquiring a thorough overview of the research
issue and procedures. In addition to the literature review, the research includes interviews
with various executives. The case study method is widely used, and it is seen to be
particularly effective in cases involving multiple concerns. The primary benefit of using
research as a systematic strategy is that it produces actual analysis which is not entirely based
on existing literature. In addition, an one analyst may do a case study, and this methodology
is comparatively cheap.
Research philosophy
Positivism, Post Positivism, Realism, and Interpretive are the four forms of philosophical
thoughts. Positivism is concerned with the actuality of statistics and facts that actually exist.
The other explanations are based on people's choices and general perceptions. The statistics
and data are ignorant of facts. Positivist concept aids in the collection and measurement and
logistical data for the research.
Figure 1: structure of research philosophy
Source: (www. Paperpile.com)
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3.3 Methodology
The research methodology portion of this paper explains the research methods that will be
utilized in the information gathering procedure to explore the impact of strategic planning
and strategic thought on Tesco’s corporate strategy. The study design is chosen based on the
data gathering techniques to ensure that the research yields the intended results. The current
study used an exploratory research approach to notice and analyze data.
Data Collection Method
Using statistics and facts is somewhat “limited” in the research techniques, as this sort of
research methodology focuses on the facts concerning the case study. research data info is
gathered in communicative language and discusses the research topic in precise detail. Staff
members and the managing directors will be called into question about the effect of
information technology on Tesco’s business, including customer acquisition, continuing to
expand the current customer base, or how this procedure has already been to expand Tesco’s
market position, also gathering data using qualitative research (Zhao et al. 2021). This would
necessitate information on the company's expenses and revenue over the previous few years.
In the data collection method, The conversational approach has been selected to acquire
qualitative research. Addressing executives out from IT and administrative departments will
be used to get data. To participate in this research paper, a literature review is used as a
research methodology. Case study approach is appropriate for a better knowledge of the
research topic based on the Tesco’s strategic plan of human resource management (Al-
Suraihi, et al. 2020). The research technique was chosen since it aids in acquiring a thorough
overview of the research issue and procedures. In addition to the literature review, the
research includes interviews with various executives. In addition, to do so, the respondent
will always choose the date and place of the discussion. There seem to be a variety of reasons
why doing individual interviews rather than making statements over email and phone calls is
a better option. This seems to be due to just one communication between the participant and
the researcher in personal interactions. The one-on-one engagement will allow you to collect
information that isn’t included in the procedure.
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Figure 2: data collection method
Source: (www.eduvoice.com)
In addition, this type of data collection method creates a sense of connection between both
the participant and the interviewer (Malik et al. 2018.). The interviewer will have the
opportunity to express their opinions on how its deployment went and how well it helped
Tesco’s market performance. This method allows the researcher to learn more about the
participant’s attitude than simply asking standardized questions.
Another essential method in the individual interview, if the atmosphere of the interview is
friendly and informative then the interview may solve the research aim and the researcher
will get a better understanding and the information about Tesco’s business analysis. Thus the
business researcher will set a better and honest analysis of Tesco with the help of essential
data gathered from the interview.
Therefore, an early friendly dialogue between the two may help the interviewer easier than,
as well as the discussion could lead to the real cause for Tesco's market expansion: web
innovation. This knowledge could be really valuable (Ferencikova et al. 2020). Tesco's e-
commerce coordination and performance As a result, a more in-depth contact will aid the
interviewer in extracting the true facts and providing a more realistic image of the scenario.
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Data analysis method
The data gathered through various study methods centered on how digital marketing is an
essential technique for generating profitability. By developing a good understanding of the
influence of the internet on boosting Tesco's market dominance, we adopted a case study
technique. The statistical analyses were performed with care to verify that the results were
free of bias (Bartosik-Purgat et al. 2018). However, the information gathered through
interviews was skewed. Some analytical techniques are being used to extrapolate the data in
order to get a piece of general information as to how the web had influenced Tesco's
customer base. The overall investigation was conducted using applicable statistical and
mathematical skills methods and technologies. Because of the existence of facts and data, it
was simple to examine data through statistical research. Even though they were connected t-
values, the research methodology must be understanding and error-free. A literature review
will be employed as a research methodology in this research study (Qing et al. 2019). Based
on Tesco's strategy plan for human resource management, a case study technique is ideal for
gaining a deeper understanding of the research topic. The research method was chosen
because it allows for a complete understanding of the research problem and procedures. The
research also involves conversations with several executives in addition to the existing
literature. The interview method gives useful notations, which are utilized to build a
foundation for evaluating the broader importance of the research findings. However, in such a
short period of time, little knowledge could be gathered. In reality, numerous private websites
that could have been informative and helpful were inaccessible (Mohamed et al. 2019). To
participate in this research paper, a literature review is used as a research methodology. Case
study approach is appropriate for a better knowledge of the research topic based on the
tesco’s strategic plan of human resource management. The research technique was chosen
since it aids in acquiring a thorough overview of the research issue and procedures. In
addition to the literature review, the research includes interviews with various executives.
Data accessibility on certain private sites was a stumbling block. The research is further
hampered by time and financial constraints. Therefore, the researcher can only evaluate the
information we gathered from articles and books, scientific sources, papers, and interviewing
the company's board of directors personnel in a short period of time. The information
gathered and processed demonstrates a better understanding of the research fact.
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3.4 Ethics Being Taken into Consideration
One of the most essential aspects of the study is the ethical implications. If this component is
lacking, the thesis may be condemned to fail. With respect to the (Guo et al 2019) the below
points are essential facts to the ethical consideration in a dissertation of the strategic plan of
human resource management of Tesco.
● It is essential to confirm that the privacy of the individual participants is secured.
● Individuals in dissertation should never be committed to any kind of harm.
● The integrity of sample respondents ought to be a top priority.
● The privacy of the study data must be protected properly.
● All the information on the research of Tesco must be accurate and transparent
● Individuals and groups taking part in the study must maintain their identities.
● Any misrepresentation or distortion about its data analysis goals and priorities should
be prevented.
3.5 conclusion
This section serves as an overview of the full study work. The study of research design has
been presented in this example to help analyze the research paper's major focus. Because
"strategic human resource management" has such a major impact on improving or decreasing
business outcomes, it's critical for big organizations like Tesco to put in place proper
measures to maintain their customer relations and employee engagement in a market place.
The company's team has been working diligently day after day to strengthen their principles
so that they can provide their clients higher quality, best quality product selection and better
services, and cheaper costs. The research method was chosen because it allows for a complete
understanding of the research problem and procedures. The research also involves
conversations with several executives in addition to the existing literature. The interview
method gives useful notations, which are utilized to build a foundation for evaluating the
broader importance of the research findings. As a result, inside the parts that follow, the
above article would attempt to determine the actual data regarding the efficacy of HRM in
various firms, with a focus on Tesco. It will also analyze them using appropriate methods.
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Reference list
Journals
Al-Suraihi, W.A., Al-Suraihi, A.H.A., Ibrahim, I., Al-Tahitah, A. and Abdulrab, M., 2020.
The Effect of Customer Relationship Management on Consumer Behavior: A Case of Retail
Industry in Malaysia. International Journal of Management and Human Science (IJMHS),
4(3), pp.32-40.
Bartosik-Purgat, M. and Ratajczak-Mrożek, M., 2018. Big data analysis as a source of
companies’ competitive advantage: A review. Entrepreneurial Business and Economics
Review, 6(4), pp.197-215.
Ferencikova, S., 2020. Reverse knowledge transfer from Central to Western Europe: Selected
Case Studies. Journal of Eastern European and Central Asian Research (JEECAR), 7(1),
pp.1-11.
Lončar, M., 2017. The impact of strategic management and strategic thinking approaches on
business performance of companies operating in the retail industry. European Project
Management Journal, 7(1), pp.85-98.
Malik, M.S. and Mujtaba, M., 2018. Impact of E-recruitment on effectiveness of HR
department in private sector of Pakistan. International Journal of Human Resource Studies,
8(2), p.80.
Qing, C. and Cheng, Z., 2019. The Development Modes and Strategic Advice of Cross-
Boarder E-Commerce in China.
Rosnizam, M.R.A.B., Kee, D.M.H., Akhir, M.E.H.B.M., Shahqira, M., Yusoff, M.A.H.B.M.,
Budiman, R.S. and Alajmi, A.M., 2020. Market Opportunities and Challenges: A Case Study
of Tesco. Journal of the Community Development in Asia (JCDA), 3(2), pp.18-27.
Zhao, C., 2021. Research on Cost Management of E-commerce Enterprises Based on Value
Chain——Taking Suning Tesco as an Example.
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Mohamed, E.G., Ahmed, G.N. and Amer, T.M., 2019. Relationships between Employees and
its Impact on Their Performance in Hotels. Journal of the Faculty of Tourism and Hotels-
University of Sadat City, 3(1), pp.149-166.
Guo, Y., Cao, L., Gao, X. and Lv, X., 2019, June. Understanding of the common methods in
e-HRM data security. In Journal of Physics: Conference Series (Vol. 1237, No. 2, p.
022010). IOP Publishing.
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