Management and Leadership Analysis for TESCO Company Essay

Management and Leadership Analysis for TESCO Company - Essay Example But in terms of foreign establishment, it is recommended that TESCO should apply Behavioral Leadership approach along with its Task Performance and Maintenance Performance categories. Democratic style of leadership is recommended in general conditions but to counter the high internal and external threat, autocratic leadership style would beneficial to TESCO. TESCO plc is a UK based international grocery and general products retail chain. With respect to worldwide sales and UK market share, Tesco is the largest British retailer that currently has profit greater than 03 billion pounds while at the same time it is 3rd largest global retailer based on revenue, after United State’s Wal-Mart and France’s Carrefour. Presently TESCO is operating 923 grocery stores and approximately 240,000 workers. During the last decade, the company has expanded its network to new UK supermarkets in new territories. Moreover, from 1994 to 2004, the company had launched its operations in 12 international markets including Central Europe and Asian markets. TESCO’s internationalization has direct repercussions on its operational management. It includes a variety of planning, retail designing and process, operational management and controlling, stock management, and human resource management. Several internal and external factors have created serious implications for TESCO during recent years. Along with other UK and US markets, TESCO has also been affected by the global recession and has economic concerns through the credit crunch. Rising prices of raw material used for food and non-food products has created an overall negative impact on profit margins. As far as market competitors are concerned, United State’s Wal-Mart is a persisting threat for TESCO that may take over the market with respect to profit and share.