Management And Leadership Styles In Tesco

Management And Leadership Styles In TescoThe channelize of this study is to present the instruction and top offing styles in Tesco in making strategic decisions for the issue of the agreement. However, interviewing champion of the mangers at Tesco as well succored in collect in trackation needed to carry come forth this research.1.1.1 STRATEGIC MANAGEMENTstrategic Management is a process whereby the charge comes up with strategic ideas and f are in force(p) decisions for a goal and plans on how to achieve such goals and objectives for the rising of the boldness. Strategic Management consist of the decisions and actions used to formulate and implement strategies that result provide a competitively superior fit between the organisation and its environment, to en adequate to(p) it achieve organisational objectives, Tim Hannagan (2002).1.1.2 consideringLeadership is the bringing together of a group of spate and directing them to achieve a common goal. check to James B. Rieley (2006), leaders is altogether about creating environments in which your company employees rear end realise their individual and collective potential.There are three principal(prenominal) types of leaders namely the authoritarian leadership which is also known as the dictatorship and this type smart sets its followers to do various designate, popular leadership allows the group share in decision making and the last one laissez faire leadership a French word which means do it as you desire.1.1.3 THE LINK BETWEEN STRATEGIC MANAGEMENT AND LEADERSHIPStrategic anxiety focuses on making strategic decisions and leadership implements the decisions that have been made by the management by effective communication to the employees. Leadership engage in evaluation of staff execution for efficiency, they supervise and allocate assignments to their employees and also spark off and reward good performance through recognition leadership by example so that they produce quality w ork. The strategic management form the electric charge, values and policies of the organisation. They are the strategic thinkers and strategic decision makers and under them they set apart the CEOs, MDs, President Etc. to run the organisation. These people are considered the key people in strategic management and most responsible for the maketh of the company. advantage in business stems from good quality management first of all and then the effectiveness in implementation which depends on the skills of leadership, influencing, communication and motivation, bum Adair (2008).1.2 MANAGEMENT AND LEADERSHIP IN TESCOOne of the most popular theories of leadership is the transformational leadership and it means that the leader has vision and passion to achieve large things.1.2.1 VISION AND MISSIONTerry Leah emerged as the C.E.O of the Tesco company in 1997 and he is considered to be a visionary leader that changed the structure of the organisation, Tesco (2010).The company became mu ch focused at achieving its aim on providing quality goods and work to its customers and to gear up the companys workforce by identifying the performances of the employees and training them to be a leader.The vision and mission accepts an important role in an organisation. The aim of Tesco is to tolerate to lead in the retail market across the globe and by focusing on this it sets long shape objectives and makes strategic decisions on how to achieve its goals with the help of effective leaders.The mission of Tesco on the other hand, is to continue to provide to its internal and outside customers by doing the little things that matter thus their mission statement both little helps. However, it is the responsibility of the managers of each entrepot to lead and motivate the aggroup in order to deliver Tescos promise to its customers. The management believes that the success of a leader depends on maintaining a happy workforce in the organisation by vainglorious a work that is interesting to do, a venture for the employee to move on in life, a manager who will help the employees by identifying their performances and to respect them, Tesco (2010). The well-established strategy for growth has made Tesco gain much advantage over its competitors and made them highly productive and profitable.Furthermore, Tesco values its employees by offering them competitive pay and opportunity to develop a long- term career with good training which hold ons the people committed and excited in working in the organisation. They give a performance review by identifying the problems and giving backup man directing the employees to meet their goals. Tesco takes its employees very important in the organisation as they all work together to support the organic evolution of the organisation. They also are determined to look aft(prenominal) their employees in a way they are expected to deliver to the customers. Tesco also established an honorary society which is named Tesco Ac ademy to help groom its employees into becoming future leaders by training them to develop leadership, management and technical skills.1.2.2 DEMOCRATIC STYLE OF LEADERSHIP IN MANAGING TESCOThe management of Tesco adapted a classless style of leadership which is also known as the participant leadership whereby the employees voices are hear during decision making. The leadership of Tesco motivates the employees and due to this, the organisation continues to provide good serve to their customers. It should be noted that the management gives emphasis on the importance of appointing leaders in each department to handle organisational process. The management appoints leadership roles to individuals in the organisation so that everyone is clear about their responsibilities, to implement the strategic decisions through effective communication by having meetings and doing a follow up on the staffs to ensure that they are not drifting away from providing quality portions and to ensure that the company operates effectively. The leadership style that is adapted by the management is imitated by the team leaders of each department that are nominate by the managers, which has changed the structure of the organisation. E.g. the duty managers in each store lead the employees making decision every day that supports the operation of the store, the duty managers are experts in duty management and they ensure that all team leaders are fully trained, validated and participative.The managers of each store carry out daily and weekly audits to identify and resolve issues in the organisation and also perform operational routine which involves the process to deliver great store standard, better availabilities and great service for customers.As the management style of Tesco is democratic therefore their way of operating is decentralised and information is passed from the higher management to the lower employees and everyone is free to speak and allowed to initiate and contribute effe ctive ideas for the growth of the organisation. The Tesco management empower their employees and they are considered an important asset to the organisation.Tesco motivates employees by giving them rewards and benefits like offering a whole package of other ways to make more money, safeguard their future and look after their health by providing paid holiday, a staff discount card which is issued after one year service and an award winning pension scheme.To modify the management process in Tesco, the leadership style of Tesco also operates a customer management whereby they listen to their customers voice for a better service in the organisation. Tesco is customer oriented and they try to always keep up with their customers by satisfying them and producing what they need.1.3 ADAPTION OF LEADERSHIP STYLES AT TESCO IN VARIOUS SITUATIONSTesco has been able to adapt the democratic style of leadership because of the flat structure that enables every staff to be a part of the success of the organisation. The management and leadership style in Tesco has shown its effectiveness in supporting the organisation to continue to grow. At Tesco they are committed to helping their staffs find the best job, hours and support to suit their needs. Whether it is religious requirements, support for illness or disability or for any other reasons the management understands and tries to be flexible in order to carry the employees along in any strategic change.High performance management is an important factor in Tesco, everyone has a role to play and each role is aimed at making sure the best is through with(p) for every customer. However, the strategies of Tesco has given them an edge over their competitors and even made them grow well through the economic recession.Therefore, in order for Tesco to focus and keep up with continuous growth the managers use other types of leadership styles like the autocratic style just to ensure that the employees carry out the task at a given time .1.3.1 CONCLUSIONFrom my research, the success of Tesco shows that the culture, structure and management style of the organisation is flexible, flat and power is decentralised, everyone has the right to speak and the voices of the employees are heard. Focusing on their long term strategies has helped them to continue to grow stronger for the future. However, the democratic style of leadership in Tesco has made the organisation continue to lead in the retail market.