Strategic Human Resource Management at Tesco Plc - 3561 Words

Gloucestershire business school | Strategic Human Resource Management at Tesco Plc | An analysis of Tesco’s strategic HR and employee relationship management | | Abdul Latif Sultan (s1010402) | 4/1/2011 | Standard APA referencing style used Reference list presented at the end of the paper Word Count: 3009 This paper has been submitted at the University of Gloucestershire in partial fulfillment of the Masters in Business Administration course module ‘Strategic Human Resource Management,’ under the able guidance of Dr. Xiaoni Ren and Jocelyne Fleming. Today’s competitive environment demands companies to pay serious attention to its human resource management because of the important role it plays in realizing a company’s mission,†¦show more content†¦Tesco deploys its strategies based on 5 elements: international retailing, growing its core UK business, growing in the food as well as non-food sector, developing retail services, and considering the community as the heart of its operations. The 5th element was added recently in 2007 (Tesco, 2010). Over the years Tesco has seen growth and consistency in sales and profits. They credit their management team, their strategy to invest in their employees as their catalyst in being successful. In 1985, Tesco announced the operations of its 100th superstore and in the following year it announced its plan to invest  £500 million in starting 29 more stores (Corporate Watch, 2004). The beginning of the next decade saw Tesco basking on the success of its petrol filling stations to become UK’s largest private petrol retailer (Corporate Watch, 2004). The company introduced the idea of developing new and different store concepts and better customer centric initiatives. In 1995 Tesco introduced a revolution in the food retailing market, the Tesco club (loyalty) card, which provided offers and other benefits to customers and also helping the company learn more about its customer’s shopping patterns and needs (Cheffey Smith, 2010). Other customer centric services included: Tesco Direct in 2006 (Cheffey Smith, 2010) which aimed at encouraging catalogue shopping and to rival Argos, the Baby-club for new parents, and theShow MoreRelatedHrm on Tesco3698 Words   |  1 5 PagesInternational and Comparative Human Resource Management Muhammad Rasool | Submitted By : Muhammad Rasool Student ID : L0288SASA1011 Module : International and Comparative Human Resource Management Semester : 6 Submitted To : Rajendra Kumar amp; Tatiana Pavlovsky [TESCO] | | Table of Contents S. No | CONTENTS | Page No. | 1 | Abstract | 3 | 2 | Introduction | 4 | Executive Summary | 3 | Background of the Tesco | 5 | 4 | MissionRead MoreHrm at Tesco4846 Words   |  20 Pages ANALYSING AND EVALUATING HUMAN RESOURCE MANAGEMENT INTRODUCTION The functionality of an organisation is primarily based on many competencies which determine how well an organisation performs. 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