What Is The Management Culture Of Tesco

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Tesco plc is founded by Jack Cohen in 1919. Tesco is now the biggest supermarket chain in the UK with market shares of 30% compared to that of its competitors Asda 17.1% and Sainsbury 15.9%. In 1997, Tesco Ireland was formed as a designed international growth of Tesco group. It now controls 28% of Ireland’s grocery market and its entire strategic conclusion is being taken from the UK. Tesco’s profit margins in Ireland are the company’s peak in the world according to retail business forecaster in London. – source?

Tesco is one of the UK’s largest retailers and one of the world’s leading international retailers. Tesco have reached this position through consistent focus on their strategy for growth and offering their customers excellent value, alternatives and expediency. Tesco aim to be as strong in non-food services as they are in food services. Their example of non-food services includes electrical, home entertainment, clothing, health and beauty, stationary, cook shop, soft furnishings and seasonal goods such as barbecues and garden furniture. Tesco has introduced further retailing services to their customers such as financial products, personal Finance, Internet shopping and telecommunication (tesco.com, 2014).

Management culture

Management culture is an important aspect in organizations, for example, Freemantle suggested that “a festering deficiency in management culture is that managers are not really concerned about people until they become a problem” (Mullins, 1999, page).
For the purpose of this report management culture is define as: the approach, experience, attitude, psychology and both personal and cultural ethics and values of an organization.(Mullins, 1999) It is a way of life that colleagues in the work place i...

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...t for a new cycle by signifying weaknesses of the company in the past implemented strategic plans (Hociben el al 1999).

Conclusion
In summary, there are three main levels of management in an organization; a management culture makes an organization work more efficiently and effectively. Levels of management are distinct from levels of analysis of constructs their relationships, and levels of measurement. In describing levels of analysis of constructs, have noted that the concept of level is not necessarily a hierarchical one. In contrast, levels of management refer to hierarchical echelons within an organization. Planning is one of the core functions of management; Strategic management can be considered as a set of conclusion and measures taken by business management in discussion with all levels within the company to decide the long-term actions of the company.

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