Strategic Analysis of TESCO: Models, Tools, and Change Management

This report provides a comprehensive strategic analysis of TESCO, a major player in the retail industry. It begins with an introduction to strategic management, defining its role in achieving organizational goals. The report then critically assesses TESCO's strategic process, evaluating the application of SWOT and PESTLE analyses to determine strengths, weaknesses, opportunities, and threats, as well as political, economic, social, technological, legal, and environmental factors. The analysis includes an evaluation of critical models and tools used by organizations to determine their strategy, focusing on how TESCO utilizes these tools. The report also applies these tools to TESCO, presenting detailed SWOT and PESTLE analyses. Finally, it critically appraises the importance of change management, considering the complexity of the transformation process, its costs, risks, and sustainability within the context of TESCO's business environment. The report concludes by summarizing the key findings and implications for TESCO's strategic direction and future success.