Identify the component activities for an organisation TESCO then evaluate the performance objectives used by each and critically examine and suggest ways in which the performance could be improved?
The performance goals are quite important for the success of the company. Management of the company, need to adopt and implement strategies that would improve the production and management process. There are multiple types of jobs that are performed at the workplace, and such tasks have to be planned and evaluated. The significance of different departments at the workplace cannot be overlooked by the management. Thus, planned operation management in the company is vital for cost effective and successful outcomes.
The report has been prepared on the most successful and leading company “ Tesco.” The company identifies the quantifiable goals and objectives for measuring the performance. The majority of tasks or goals is linked with fund resources, projects accomplishment, and improvement accuracy through which best services can be provided to the clients. The management handles issues related to quality behavior and consistency (Bakewell & Garbutt, 2005)
Planning and organizing efficient operations and networking
Tesco is one of the leading companies that sell multiple products to the customers from different parts of the world. The goal of the company has been to focus on quality and cost effective services to the clients. Effective planning with proper monitoring in the company deals with the methods that would increase the quality and other parts of the services. With the methods, the company can gather certain information about different activities related to business operations. Tesco focus on selling consumer products and render after sales services to the clients. Information about the customer preferences and ability of the customers to pay price for various products sold by the company is analyzed. Such information helps in increasing the level of performance and sales for the company. Through this process, the company focuses on implementing re-orientation plans through which the staff and people can be motivated to move for long term in the future. (Caralli, 2004)
With the help of research, different dimensions of quality has been important for the product called as reliability, performance, durability, features, service and quality etc. Thus, Tesco also applies different methods to deal with the quality and other factors for customers. Regular approach and continuous improvements help Tesco to increase the quality needs and requirements. (Bernard, 2005)
Planning is the major key factors that influence the company’s performance. Through planning, Tesco deals with the issues associated with human resource management, production, quality methods, and others. Operational activities include handling supply chain management system and evaluating the quality of the products. The company focuses on planning for strategy implementation through which the operational activities are implied. Such factors are quite important for introducing changes in the operational activities and increasing the quality of performance. Through this process, the company develops and implements the right strategies that improve the production and distribution of goods and services to the clients. Issues associated with the demand and supply variations could be managed by proper planning system. It is vital to gather the effective and essential data that would help the management in implementing the strategies of planning. Strategic planning also helps the management to deal with long term goals and short term objectives of the company. With regards to planning, the management of the company needs to differentiate the long term goals and measure the past performance that impacts on the future performance of the company. (Cassidy, 2006)
The performance management basically concentrates on developing and implementing steps that would enable the company to monitor the steps. In this method the parameters for quality check and evaluation is introduced by the management. Evaluation is done to analyses the challenges and introduces effective steps through which the quality of services can be monitored. Through corrective steps, an attempt is made to maintain positive relationship with the clients. Strategies adoption introduces quality and it depends on the business activities. The operational skills and techniques measured by the company need proper analysis and it will help to improve on the quality associated with the production activities. Through effective planning process, the process associated with goods procurement, distribution of goods on a timely manner, and others are evaluated. (Davey, 2013)
Performance management for the company also concentrates on adopting the best step through which the wastages are decreased. This will also reduce the cost of production.
The issues associated with quality control needs to be measured and this will help the management in dealing with challenges that directly impact the company’s performance. Tesco aims to render services to clients from different parts of the globe. Thus quality is one of the important factors that are strongly worked upon by the management. In this process, the parameters that would improve the quality of the products is determined and communicated with the employees. In order to improve the performance, the quality control process is introduced by the management. (Heracleous, 2003). The requirement to improve the process of quality check and control has to be developed and followed by the company. This way, the company can also work on following aspects such as:
Tasks effectiveness and communication among the team members between different departments for tasks performance has to be developed. To implement the effective methods for quality check, companies with huge operational activities is a difficulty. There is a need of corrective measures that should be taken to develop the changes through which the products could be sold to the clients. Standard methods of operation have to be developed and measured by the company. This has to be done in a different approach and also it depends upon the product as well as its nature. The introduction of changes in control process is quite a difficult task and the staff members of the company are required to follow the rules and meet the expectations discussed by the management. This depends on the evaluation of the task and therefore, certain limitations and challenges are required to be assessed carefully like the performance of the company, products goals and standards, rules and policies determined by the management, other specifications etc. (Fairholm, 2004)
The company plans to introduce effective measures for quantitative checks. This could be done with the help of increase in sales and reputation of the company. The strategies need to be very clear to check the quality of the products in the company. The tool has not been introduced for competition analysis and policies measures for improving the activities of operations and other measures.
Management should implement the plans in the correct approach and it is vital to deal with the materials procurement and methods of distribution. The company staffs play an important role in performance improvements and with this process, there could have proper execution of the tasks that has assigned to them. It is important to draft the plans and to motivate the employees for performance improvements. Tesco also has applied to high rewards and recognitions system for motivating the staff members to perform better for long term in the company. It is necessary to identify the communication system that could be followed by the management and there is a need to discuss the challenge so that corrective steps and actions could be taken to implement and introduce the change (Marr, 2006)
With the process of planning, the company defines the goals and objectives. It is necessary for the company to succeed in future. By proper execution of tasks, the management plans to deliver the correct set of actions that could be achieved within time. Therefore, the expected goals associated with the better customer services and improvements on quality have to be planned by different departments. (Jones, 2006)
In regards to the planning, the management describes the goals and objectives that are known to be the most important for the success of the business. By proper planning process, the management deals with the goals and objectives that are known to be the most important success for the business. By proper execution of the tasks, the management should ensure the achievement of set targets and goals on a timely manner. The expected goals should ensure the best customer services and quality improvements from multiple departments. With the effective monitoring process, the management evaluates the tasks by the management. It is important to deal with the existing system and this way, the management develops better plans for the task. There are issues with the process of evaluation and monitoring and the implementation of corrective actions and measures that could help the business to lead the difficult competition. Through proper evaluation, it is vital to gather the information that helps in objectives achievement of the company. (Kumar, 2015)
Major steps that could be met to improve the performance objectives for the company are as follows:
Proper inspection: In this step, the management could deal with the effective strategy for performance evaluation of the company. This way, it helps in analysis of the issues and meeting policies to overcome with the challenges.
Audit needs: The policies and strategies needs to be followed with respect to audit process. This will deal in focusing on strong strategies that could help in possibly the best plan that deals in business development.
Research and development: With this process, the company focuses on implementing effective steps of research and development in the introduction of best services for the customers. (Monden, 2011)
With the effective strategies, the performance could be improved with the following mechanisms such as:
Tesco actively depends on the performance in the work goals and the quality could be increased with the strategy effectiveness. The company can increase the transparency to deal with the new lines. This way, it could improve the materials and services. The design of the product as well as service is created with respect to meet the needs of the customers successfully. Tesco should try to meet the quality products to attract its customers and also it should try to deliver high volume of products and services to the customers. It also requires high cost and the planning as well as controlling of service is effectively important that should be concentrated for staff members to meet success and achievements. (Sherwood, 2007)
Tesco also should try to deal with growth and customer satisfaction and it should focus on customer needs effectively. Proper training is important that will lead the business into success and the company should try to commit flexibility in the work place so that the staff members could retain its customers with the high quality performance on operations. This way, it will deliver the maximum level of policies and standards to meet the company goals and aims. It will recruit more people to deliver quality and also it will decrease the overtime related conflicts. This way, the budget could be effectively managed. (Ward, 2002)
Conclusion
Business planning and monitoring are the major factors for success. Planning is the essential element for the company’s performance and it is possible with effective planning. The issues with human resources, production and other departments could be resolved with the help of planning and the company can determine the challenge that impacts the business performance. According to the facts and data, the management plans for effective policies through which the performance can be measured and for the improvements on the performance, the quality could be managed and the needs of the customers could be identified successfully. Methods involved for measuring the challenges should be planned with respect to the improvements on performance. This will focus the company to perform for improvements in the company. This will help the company to expand the business and offer the sustainable growth and development in the market. Organization should focus on quality as quality matters and improves productivity. This way, the company could gain the commitments and increase the sales as well as productivity with best quality and strong approaches. The performance will increase the business and long term future objectives for the company. It will also help the company to grow in the competitive edge. (Sharma, 2014)
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