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New TESCO GROUP PROJECT
New TESCO GROUP PROJECT
Group members
1. Amiya Paul
2. Arindam Mitra
3. Rittik Bag
4. Sk. Asfaque Hossain
5. K.Kiran
6. Md. Samimuddin
7. Zeeshan Sowket
8. Karan Ram
Case summary
The entire case study shows us the success story of Tesco. They believe in not
only acquiring new customers but also hold the existing customers. The concept
is simple if they hold existing customers and if they keep acquiring their
business grows. This is the ultimatum for all business.
Tesco believes in the way of having good leaders will always lead to positive
outcome yielding better result.
Their leaders are of such a kind that the people who are working there gets the
utmost respect in every level and are treated equally henceforth producing the
best working atmosphere, this way motivation is done and rapid growth takes
place as performance is of top notch.
In this case study it is shown three leaders of the same company but of different
departments working and leading in different ways. Though their leadership
styles are different they have a couple of things in common as all of them
respect all work force that work under them all of them listen to all their
teammates and consult regarding planning, implementation and how work can
be done along with creative freedom.
Any team heading towards a proper goal must have a good leader Tesco does
not have a shortage of leaders that is the reason for success.
Case Study Answers
PART 1
Suppose we take two countries Japan and America for examples and both
have adopted separate styles of leadership. Each culture must deal with
questions that can be resolved according to a series of dimensions depending on
the degree of intensity within each of five dimensional variables measured
across a spectrum.
The most effective managers have always been the ones who modified
their behavior to fit the situation. Now there are situations that include
more and more people with different personal, cultural, and
organizational understandings. The organization will do better if the
leaders adapt to a behavior that’s likely to succeed rather than expect
people to adapt to him/her.
It would be nice if the leaders could follow a recipe for every
management situation that they face. Then they would know exactly
what to do. But that’s impossible. The leaders will be more effective if
you Observe, Ask questions, and then React based on that information
– a process called OAR
As a global leader, they will always be in learning situations.
Investigate and ask questions. Take notes on what surprises them,
what they did and how things worked. Make notes about how to do
things differently next time. The best managers keep asking and
learning for their entire lives.
There are certain parameters that the leaders gets encountered to
influence their decisions in the workplace. The four dimensions are:
Patterns; time; communication style; and formality.
Some people like to think about the results first and figure out how to
reach them second. Others like to have a more detailed plan in order to
reach outcomes. This is what is meant by thought patterns.
There are two extreme dimensions with respect to time: Those who
believe deadlines and appointment times are flexible, and those who
believe they should be fixed.
Communication style relates to how directly or indirectly a person
communicates. If your manager gives you feedback and it feels like a
slap in the face, this indicates a direct communication style. If you
have trouble understanding what the feedback is referring to exactly,
this is an indirect style.
Formality dictates how people feel about and react to hierarchy. This
is very important to understand in order to establish credibility as a
leader. Some individuals feel a manager is should make all the
decisions and deliver bad news. Others feel managers are there simply
to facilitate a team of experts and should leave the solutions to the
individual team members.
PART 3
Yes according to our understanding we believe we think that Tesco has most
certainly followed the appropriate style of leadership henceforth there success
story.
Stephen regards inspiring, guiding and influencing his staff as an important part
of his role. Sometimes he may need to inform his teams about a new in-store
innovation or corporate initiative. Even though this is a 'tell' situation, Stephen
aims to 'sell' the idea. He tries to ensure that staff understand why it is
necessary. If his people are able to give their opinions, it is more likely that they
will readily support the initiative.
If there is any alternative style that can be implemented for equal or better
success rate then our advice would be
1. Charismatic – charismatic leaders will inspire the entire workforce they
will give a positive vibe along with mutual respect and will listen to all
relevant opinions henceforth can be adopted by Tesco
2. Strategic – every situation during different time will need different steps
and different actions to be implemented for functioning strategic leaders
are an expert situational pioneers who is capable of of getting out of
sticky situations they can drive the company towards success.
Conclusion
We can conclude by saying that the most important element in building and
sustaining a business is a leader. A good leader can give the team a positive
outcome not only will the business grow but every individual in the organisation
will grow and learn even the leaders developing in both fronts will take place.
Acknowledgement
Thank you