Tesco Strategic Management: Analysis of Remote Work Challenges

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Added on  2023/06/13

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This presentation provides a strategic management analysis of Tesco, a major British grocery retail company. It identifies the company's background, highlighting its position as a market leader in the UK and its international operations across various product categories. The presentation addresses the problem statement related to managing remote working during the COVID-19 pandemic. It employs Porter's Five Forces, SWOT analysis, and PESTLE analysis to evaluate Tesco's competitive environment and internal factors. Recommendations are made to improve remote working management by providing connectivity and fostering a positive workplace environment. The conclusion emphasizes the importance of environmental analysis for effective business operations and strategic problem-solving. The presentation references academic sources to support its analysis and recommendations. Desklib provides access to similar solved assignments and study tools for students.
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Strategic Management
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Table of contents
Introduction
Problem statement
Porters Five forces
SWOT analysis
PESTLE Analysis
Recommendation
Conclusion
References
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INTRODUCTION
Tesco is a general merchandise British national grocery retail company which has hits headquarter in
Welwyn Garden City, England. Tesco company was founded in the year 1919 by Jack Cohen and is
considered as 3rd largest retailer in the world according to gross revenues along with 9th largest in the
world evaluated by revenues. The company is considered as market leader of retail sector in the UK.
The selected company operates its business operations on international level along with providing
diversified categories of products such as retailing of clothes, books Kumar toys, furniture,
electronics, patrol, financial services commerce software, Internet services and telecoms. The
respective company operates his business on both offline and online platforms which helps it in
attracting large base of customers.
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Problem statement
During COVID-19 government of country has
implemented lockdown under which companies are
instructed to provide broke from home facilities for their
employees. In terms of Tesco, the company is facing issues
regarding managing remote working of employees present
in different locations.
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Porters Five forces
Bargaining power of customers
Bargaining power of suppliers
Threat of new entrants
Threat of substitute products
Competitive rivalry in the market
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SWOT analysis
Strengths
Weaknesses
Opportunities
Threats
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PESTLE Analysis
Political factors
Economic factors
Social factors
Technological factors
Legal factors
Environmental factors
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Recommendation
In order to improve remote working management of the company, Tesco needs to provide
connectivity and support to its employees who are working from different areas.
The respective company is also recommended to create positive workplace environment
where everyone could feel flexible to represent their opinion.
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CONCLUSION
From the above presentation it has been concluded that it is very important for
companies to evaluate their internal and external environmental analysis in order to
operate business effectively in the market. There are several problems which are faced
by the business organizations which could be resolved by implementing strategic
approaches.
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References
Suriyankietkaew, S. and Petison, P., 2020. A retrospective and foresight: Bibliometric review
of international research on strategic management for sustainability, 1991–2019.
Sustainability, 12(1), p.91.
Barbosa, M., Castañeda-Ayarza, J.A. and Ferreira, D.H.L., 2020. Sustainable strategic
management (GES): Sustainability in small business. Journal of Cleaner Production, 258,
p.120880.
Kryvych, Y. and Goncharenko, T., 2020. Banking strategic management and business model:
bibliometric analysis. Financial Markets, Institutions and Risks, 4(1), pp.76-85.
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