Managing Activities to Achieve Results: Tesco company - Essay Example

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Tesco is one of the world’s leading retailers whose business operations are performed in more than 14 nations with the employee strength of over 500,000 people. The parent company of Tesco operates in the UK where the company functions through a wide network comprising more than 1,878 stores…
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Download file to see previous pages In the European as well as in the Asian countries the company operates through a business network encompassing more than 2,318 stores. Tesco attempts to offer a wide variety of products through its retail outlets including varieties of apparels, food items, grocery products, electronics and many other commodities. Apart from focusing on a traditional distribution channel, the company also offers its products through online retailing services which comprise Tesco personal finance and (University of Exeter, 2009; Tesco, 2013). The mission of the company is to develop value for the customers and attain lifetime loyalty from the global operations (Tesco, 2013). Indeed, the business prospects of Tesco present versatile and diversified organisational functions which are likely to develop certain concerns in relation to its sustainable performances. In its recent performances, since the beginning of the year 2008, the company has been committed to ‘going green’ in order to protect the environment in terms of its products and/or services. In order to follow its commitment towards the principle of ‘going green’, the company has been implementing its strategies on the basis of three levels emphasising on developing a green working environment, green supply chain operations and assisting customers for selecting greener products with affordable prices. Additionally, in order to reduce the level of carbon footprints, the company also focussed on investing ?25 million in the ‘Sustainable Consumption Institute’ at Manchester University to innovative ideas for utilizing the renewable energy such as solar and wind power for its future business operations (Tesco, 2013). Organizational Structure The organizational structure of a business is quite essential through which the company can organize its activities quite efficiently which can in turn facilitate in attaining its objectives successfully. The organisational structure of Tesco is based on a hierarchical structure following a two way communication model in its decision making process. Tesco comprises a decentralized organizational structure which facilitates store managers in developing accurate decision regarding its overall operational activities. This structure also helps store managers to comprehend the working environment and take effective decisions following the discussion with the top level managers as well as experienced staff members. Moreover, this structure also provides an opportunity to the managers to motivate employees allowing them an increased engagement in the decision making process of the company enhancing their self-esteem by a large extent (Tesco, 2013). The various departments of Tesco comprise distribution, administration, finance, human resource, marketing & sales, Information & Communications Technology (ICT), customer services, production and Research & Development (R&D) segments. The responsibility of administrative staff members is to look after the daily operational activities in terms of marketing, distribution and sales. Similarly, the role of distribution manager is to ensure that all products should be allocated appropriately in terms of place and time as well. Financial managers in Tesco are responsible for the overall transaction of the company on a day-to-day basis in compliance with the other departments to maintain a proper allocation of resources throughout the business dimensions of the company. ...Download file to see next pagesRead More
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