Leadership and Change Management - Essay Example

Comments (0) Cite this document
This paper is structured under three sections. The first section focuses on the current challenges facing Tesco and considers…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.5% of users find it useful
Leadership and Change Management
Read TextPreview

Extract of sample "Leadership and Change Management"

Download file to see previous pages To overcome resistance to change, it is shown that Tesco’s management must ensure effective communication and education of employees on the proposed change. The final section focuses on the democratic leadership style as the most appropriate for change management at Tesco. It is thus considered that democratic leadership will see Tesco through a successful change process.
The international presence of Tesco is still inadequate. To expand, Tesco will need heavy investment, which might increase the company’s debt. Additionally, some of the countries that Tesco has expanded into may not be highly profitable. For instance, although Tesco expanded into Korea, the consumer spending of this country is low, hence this poses a high risk for Tesco. Opening stores in high risk areas jeopardises the financial health of the company (Tesco 2015). Before expanding, Tesco must evaluate its resources and the risk level of the host country.
The industry in which Tesco operates is highly competitive, and this does not guarantee Tesco sustained profitability. The major competitors of Tesco include ASDA Group Ltd, Safeway Inc., ALDI Group, Somerfield, Sainsbury plc and Morrison among others (Appendix 1). These existing competitors challenge Tesco in different areas, including pricing, among others. Tesco must differentiate itself and adopt an effective business model in order to overcome competition.
The Sainsbury reduced its prices by 6% while Safeway is focused on lowering its prices as a strategy to continue is recovery process. Similarly, Asda is committed to retaining price leadership in the industry. Tesco is also focused on price leadership, therefore, this implies that the industry experiences price war, and this might influence the profitability of the industry in an adverse manner (Data Monitor 2004). Tesco must adopt an effective pricing strategy to address the price war it is ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Leadership and Change Management Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Leadership and Change Management Essay Example | Topics and Well Written Essays - 2250 words. Retrieved from https://studentshare.org/management/1688174-leadership-and-change-management
(Leadership and Change Management Essay Example | Topics and Well Written Essays - 2250 Words)
Leadership and Change Management Essay Example | Topics and Well Written Essays - 2250 Words. https://studentshare.org/management/1688174-leadership-and-change-management.
“Leadership and Change Management Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/management/1688174-leadership-and-change-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Leadership and Change Management

Leadership and Change Management within the Healthcare System: A Case Study of Macro Level Change

...?Leadership and Change Management within the Healthcare System: A Case Study of Macro Level Change Badge Number: College Name: Course Name: Lecturer name: Word Count: Table of Contents Introduction 4 Problem Analysis 6 Problems and Issues faced 6 SWOT Analysis 7 Strengths 7 Weaknesses 7 Funding available for the reform of the health system 7 Trained professionals already exist 7 High prices for medicine 7 Patients perceive staff as being rude and uninterested 7 Long wait times to see a professional 7 Medical doctors have low qualifications 7 Opportunities 7 Threats 7 Health Care Reform 7 Countrywide transition to a market orientated economy from a centrally administered...
12 Pages(3000 words)Assignment

Change Management and Leadership

...?(Add (Add (Add Information) (Add Change Management and Leadership Introduction It is generally accepted these days that without a strong leadership, it is impossible for an organization to change. In other words, only a strong and fully committed leadership can introduce successful change plans and gain the support and commitment of the stakeholders. Anyway, one can undoubtedly say that change is an unavoidable thing in the present day business climate. In change, the first role of leadership is to develop such a culture in which knowledge is shared instead of hoarded....
12 Pages(3000 words)Research Paper


...?Table of Contents Executive summary 2 4 Literature sources 8 4 1 Leading Change 9 4 2 Exploring corporate strategy 10 4 3 Economic for today 10 4.1.4 Organizational change 10 4.1.5 Human resource management 11 4.1.6 Organizational behavior 11 4.1.7 Management 11 4.1.8 Organizational culture 12 5.1 Leading Change 13 5.2 Corporate strategy 13 5.3 Economic for today 14 5.4 Organizational change 14 5.5 Human resource management 14 5.6 Organizational behavior 15 5.7 Management 15 5.8 Organizational culture 16 6.1 Managing Organizational Behavior 16 6.2 Culture 18 6.3 Systems –...
11 Pages(2750 words)Essay

Leadership and Change Management

... Leadership and Change management The understanding of the various issues affecting management of change is vital because it facilitates the development of skills. Throughout the year, we have conducted various meetings covering a wide area in the human resource management process. The meetings handle six areas of study that were vital in the management process. These areas addressed in the meeting include the change management, barriers to change, overcoming the barriers to change and the development of communication between the set groups....
11 Pages(2750 words)Essay

Clinical Leadership and Change Management

...with skill in transformational change” (2005, cited in Marshall, 2011, p. 6). This shows that for effective leadership, the characteristics of both, the manager and the leader, are equally needed (Marshall, 2011, p. 6). At the same time, it is important to note that as leadership is an informal role and is based on sharing, it should be a “part of every health care professional’s responsibility” (Barr and Dowding, 2012, p. 9). Hence, practicing a positive and healthy leadership style is essential to gain respect from followers. Leadership styles The lack of clarity about what leadership actually means has made it...
12 Pages(3000 words)Essay

Leadership and Change management

...?Leadership and Change management Table of Contents INTRODUCTION 3 2. LITERATURE REVIEW 3 3. COMPANY HISTORY 4 4. HISTORY OF THE FOUNDER 5 5. LEADERSHIP STYLE USE BY JEFF BEZOS 6 6. PROBLEM SOLVING COMPETENCIES OF JEFF BEZOS 8 7. EXAMPLES OF BAD LEADERS ON THE MARKET AND COMPARING THEM WITH JEFF BEZOS 8 8. RECOMMENDATIONS 9 Works Cited 10 1. INTRODUCTION The notion of leadership can be termed as a set of competencies or traits possessed by an individual that tends to influence a group towards the accomplishment of the organizational vision or predetermined business objectives. An effective form of leadership can be recognized as one of...
7 Pages(1750 words)Essay

Critically discuss the leadership and change management theories within the case study

...? A case study of Leadership and Change management theories in Biogen Idec Inc. Introduction Biogen Idec is a global biotechnology company that has transformed greatly in the past 25 years to become one of the largest companies in the world. Through mergers with other companies, it has developed into a big company with presence in most parts of Europe and America. Currently, the company is on the verge of changing its operations in order to improve the performance of the company. Managing change is an important aspect of the organization in order for them to remain competitive by responding the market needs. The concept of organizational...
9 Pages(2250 words)Essay

Leadership and change management

.... If the obstacles are big, they should be removed for change to happen. A leadership behaviour that measures the employee performance should be put in place with respect to change. In the sixth step, after a change of urgency has been created, Kotter talks of the need of creating short term wins, to serve as a stimulus for further change efforts. This is because, if results are not seen in the short run then, many employees will loose hopes in the change process. In a passive approach, managers hope for wins, while in an active approach these wins are included in the plan. This can be rectified by putting pressure on...
16 Pages(4000 words)Essay

Corporate Leadership and Change Management

...Leadership Style, Culture and Change Management Evaluate the role that both leadership style and organizational culture plays in influencing a change management process. Introduction The style of leadership which is used by a person at the head of the company as well as the organizational culture that is prevalent in a given situation can significantly affect the change management process. While the theoretical background to the change management process is an important aspect of understanding how change can be brought to any given...
13 Pages(3250 words)Essay

Project leadership and change management plan

...PROJECT LEADERSHIP AND CHANGE MANAGEMENT PLAN al Affiliation Analysis of the processes involved in the management of change and projects Farnsdale Department Stores needs a complete overhaul to assist in increasing the number of sales. Change management is one of the approaches that will change ways of operation in the firm. Project management involves the application of various business principles to achieve project objectives (Blake and Bush, 2009). Project leadership, on the other hand, entails the comprehension of individuals in the attaining of goals in business...
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Leadership and Change Management for FREE!

Contact Us