Tesco Management Report: Analysis of Issues and Recommendations

This management report examines the issues and risks within Tesco, a British multinational groceries company. The report focuses on the critical role of talent management in addressing challenges such as poor employee performance, lack of employee retention, and ineffective leadership. It reviews relevant literature and highlights the impact of these issues on Tesco's profitability and ability to meet its business objectives. The report provides several recommendations, including the implementation of structured training and skill development programs to enhance employee performance and address the identified shortcomings in talent management. The report emphasizes the importance of these recommendations to improve employee skills, productivity, and overall business outcomes. This report has been contributed by a student and is available on Desklib, a platform that provides AI-based study tools for students.

MANAGEMENT
REPORT

ABSTRACT
Management report provides information regrading issues and risk which occurs at various stage
of management. These reports assist management to maintain business. In this report will cover
issues which creates problem for company and this report will explain how to overcome that
issues so that organization gets profitability. This report will tell what improvement can do to
resolve issues.

Table of Contents
INTRODUCTION............................................................................................................................4
MAIN BODY...................................................................................................................................4
LITERATURE REVIEW............................................................................................................4
RECOMMENDATION:..............................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES.................................................................................................................................9

INTRODUCTION
Management report is the process of interaction and providing information regrading
issues, risk which is created by mangers at various stage of management. This report supports to
control and direct an organization. Management report are various types scheduled report (based
on the time), on demand reports (on the basis of manger needs), exception report, predictive
report, summary report and regulatory & statutory report etc. Thus, these reports assist
management to maintain business. Tesco is a British multinational groceries company which is
famous as general merchandise retailer. Headquarter of this company is Welwyn garden city,
England, UK etc. in Tesco company number of employees are 4,50.000 and revenue of
organization approx 6,391.1 crores GBP. On the basis of revenue, organization comes in third
largest retailer in the world. This report will cover major issues in management.
MAIN BODY
LITERATURE REVIEW
As per the view of Atkinson and Stutes, (2018), Mackie and Grant, (2017) Management
report is specially designed for highlights management issues. Tesco company highlights major
issues is that there is no report of talent management. Talent management refers systematic
procedure of identify the void positioning, appointed the appropriate candidates who match with
job profile and retain employees to gain long-term business objectives. Talent management
performs functions in practices which supports to organization to achieve goals. Management
follows human capital theory where management focuses to enhance productivity of skilled
employees in organization so that organization enables to take competitive advantage in business
market. These are strategic employee planning, talent frisking and retention, career development,
succession planning, compensation, learning and motivation and performance management.
Talent management organizes career development classes for employees so that they build up
their career and gives innovative strategy in organization. Management recruits employees
externally and internally methods. External recruitment refers selection happens from outside of
office where gives opportunity to academic students or non-academic. While internal recruitment
refers selection process is completed inside the office where offers opportunity to employees to
get higher position on the basis of talent. Talent management encourages employees at
workplace to praise them for their performance which boost up employee's belief regrading their

job. This management organizes festivals and events for employees so that employees connects
to each other emotionally. HR of talent management leads cultural diversity at workplace so that
different cultural people interact and share their view and provides innovative services to
customers. Manger of talent management provides facilities like accommodation, air-
conditioning facilities at workplace which leads more productivity of employee's at workplace.
Talent management appreciates teamwork which boost employees to retain at workplace
and gives the best performance. HR also gives respect to employees so that they feel values of
them in company because self-esteem is most important for person where he works. HR also
offers rewards like incentive which motivates employees to give the best performance and retain
in company. Beside of this management offers rewards like appreciation beside of incentive.
Thus manger enables to give value to customers. Talent management also provides succession
planning to company so that organization enhances purchasing power of customers and meets
customers objectives. These all are function accomplishes by talent management. The main
purpose of talent management is to enhance performance of employees at workplace, so they
meet company goals. Beside of sharpening performance of employees, talent management
engaged in other function like motivating employees and retain employees to make their
performance fruitful for organization. Talent management gives effective management strategy
plan and implements on company during development. For example talent management sets
business goals and gives priority and appreciates employees to gain organization objectives by
meeting employees objectives. Management identifies organization drivers and challenges. Here
drivers are employees who drive organization growth.
As illustrated by Ponting and Sasidharan, (2017) Management also identifies challenges
of company like new technology, government policies and socio-cultural factors etc. talent
management also defines HR priorities and goals. Thus, talent management keep an eye on
organization functions. Talent management also makes report where they keep whole
information like employee's productivity at workplace, product productivity, organization's
revenue etc. Talent management is responsible for recruitment, envelopment and retain the
important talent in business. HR of talent management plays various function in organization
which has explained above like learning & motivation where HR applies different type of
strategy for employees and conduct various training and skill envelopment classes so that
employees perform better at workplace. HR provides friendly atmosphere so that employees can

direct communicate with other employees or leader at workplace. Thus, HR of talent
management meets employees objectives. In the talent management reports collects different
types of information regrading employees that is recruiting, on-boarding, learning programs,
performance, compensation, succession report of organization and workplace cooperation etc.
Talent management is important in organization because it plays vital role in organization
strategy. For example management manges employees which is important assets of business
where it effectively mange employees to supports them improve their skills and efficiency on
command to keep them with organization. HR management organizes sports or other festivals for
employees so that customers celebrates together and understand their cultural. It leads good
communication in employees. Management identify customers appraisals during workload and
on the basis of performance during workloas provide value by offering incenticves.
As per the illustrated by Sharma and et.al., (2019) Tesco is a Britain's profitable
supermarket retail company where number of workers are 4,50.000. Lack of talent management
organization faces many issues like employees' performance is poor at workplace, so company
unable to achieve gross revenue. Due to poor performance they unable to retail their products to
customers. Lack of talent management, organization doesn't get talent workers at workplace who
supports to achieve business objectives at global market. Incapability of talent management,
organization unable to retain employees at workplace which leads less productivity of employees
at workplace. Leader of Tesco company unable to motivate their employees at workplace.
Employees well-being doesn't retain at workplace which leads frustration in employees regarding
job. Due to frustration number of employees leaves job. Organization doesn't meet employees
objectives that also leads conflict among employees, management and customers. Lack of
teamwork at workplace, it leads incomplete task. Due to poor talent management leads
termination in organization's growth and in innovation.
Poor talent management unable to make succession planning for organization. Poor talent
management unable to recruit appropriate talent who is suitable for job. Due to this company
doesn't get any innovation scheme at workplace so that company enables to take competitive
advantage. Lack of talent at workplace organization doesn't get strategic plan to retail their
product in global market. Due to ineffectiveness in market organization doesn't get profit from
retailing. Lack of experience and talent employee's unable to give appropriate services to
customers which decrease purchasing power of customers. Less purchasing power of customers

leads loss in business. Tesco doesn't get gross revenue up to mark. Less revenue enhances
interest of borrowing cost which reduces profitability in company.
As per the view of Brigham, Romina, Cuellar and Brown, (2016), Poor talent
management doesn't provide good leadership to workers at workplace which leads
ineffectiveness in workers at workplace. Lack of appropriate leadership, leader unable to
motivate their workers. Lack of motivation of employees leads less productivity of employees.
Due to this organization unable to achieve objectives. Talent management is responsible for
recruitment, development, motivation, compensation of employees. Beside of these functions,
management provides strategic planning in organization to enhance customers purchasing power.
Through this workers enables to give values of customer so that they retain with company
prolong time and Organization enables to elevate economical scale of company. These all
function accomplishes by talent management. Due to poor management Tesco unable to recruit
talented person in company, resting workers who provide services in company, management
unable to motivate them and developed their skills. Poor management incapable to give strategic
planning to organization which causes company unable to enhance purchasing power of
customers. Lack of well-being at workplace organization doesn't get profitability in organization.
Workers of company doesn't get motivation which reduces efficiency of workers, and they loss
their interest regrading job. Ineffectiveness of leadership leads demotivation in employees.
Lack of resources at workplace leads less productivity in company. High pressure of
work leads burden in employees, In that state talent management unable to tackle situation.
Tesco doesn't get more productivity of customer due to lack of services at workplace. Poor talent
management unable to establishes relationship with employees and suppliers which leads
conflicts between management and employees. Lack of communication skills in employees,
unable to builds good relationship with customers at workplace. Through these above issues
company unable to get high revenue in market and poor talent management unable to retain
employees in organization.
RECOMMENDATION:
On the basis of above issues I would like give some recommendation which can lead
effectiveness in employees at workplace so that organization enables to achieve business
objectives. Poor talent management gives negative impact on Tesco performance. To overcome
major issues there are some recommendation which gives positive impact on retailing company.

 Talent management should be organized training and skill development programs for
employees which makes better performance at workplace. Main purpose of these
program to sharpen employees skills so that they perform better at workplace.
 This program doesn't take more time because it is simple process. In this process,
management hires talented trainer for training program which supports employees to
show their talent and provides opportunity to enhance skills. Trainer leads employees
team for one day. In this program trainer supports to gain information about the retailing
sector, personal development and professional development.
 Trainer also guides those employees who are incapable or unaware of their skills. Thus,
trainer supports to identify talent of employees and helps to enhance their skills in well-
formed.
 Talent management should organize training scheduled program in specific period. For
example one month training classes should be given to new joiners where trainer makes
them understand how to perform at workplace, after that management should organize
skills development classes within two to four months. Management should organize
classes again for employees where gives classes within five to six months then six to
twelve months, then after twelve months. Thus, five session programs should be
organized by management. Such kind influences of classes leads effectiveness in
employees performance and sharps employee's skills.
 This training assists to enhance awareness of ownership. Through training classes,
employees can become more innovative, productive & flexible for every situation. This
training also supports employees to run into the demands of customers at workplace.
 Training evaluation program should conduct by talent management so that they can
monitor employees performance after training. On the basis of evaluation performance
can estimate employees activities at workplace.
 These five session training program cost approx €5000 which is affordable for Tesco.
Thus, talent management can enhance performance of employees and make them
motivate to provide reward on the basis of performance at workplace.
CONCLUSION
As per the above report has been concluded management report and has been explained
that management report plays vital role in organization because it addresses about organization

function, employees activities, organization's revenue etc. These all information compiles in
management report. In this report has been explained about issues which reduces the employee's
performance at workplace. In this report has been explained about talent management and has
been explained that why it is important for organization. This report also has been mentioned
poor talent management performance in business and how gives negative impact on
organization. To overcome this issue recommendation has been given.
REFERENCES
Books and Journals
Atkinson, C. and Stutes, S., 2018. THE EVALUATION AND MANAGMENT OF DOCK8
DEFICIENCY. Annals of Allergy, Asthma & Immunology. 121(5), p.S102.
Brigham, E.F and et.al., 2016. Financial Managment: Theory And Practice, Canadian Edition.
Nelson Education.
Ismail, N.B. and Hasbollah, H.R., 2017. Sustainability of Tourism Managment: Managing
Waste of Tourism Industry in Kelantan. Journal of Tourism, Hospitality and
Environment Management. 2(4). pp.59-71.
Mackie, R. and Grant, K., 2017. Talent Management in Scotland's Public Services: Practitioner
Report.
Ponting, J., 2017. RTM 101 Recreation and Tourism Managment.
Romina, D.G., Cuellar, A.C. and Brown, A., 2016. Spatiotemporal flooding fluctuation analysis:
wetland managment Bañado La Estrella, Chaco región, Argentina. In 10th INTERCOL
International Wetlands Conference.
Sasidharan, V., 2017. RTM 470 Global Sustainable Tourism Managment.
Sharma, N and et.al., 2019. A rare case of sinonasal glomangiopericytoma post operative
accidental diagnosis and managment—A case report. International journal of surgery
case reports. 62. pp.54-57.