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... 6a Performance management
Tesco’s needs to mange the performance of its employees effectively if it is to remain as the UK’s leading retailer and maintain a competitive edge. ...
A range of processes and techniques are placed within all Tesco stores and in the Tesco offices, which allow individual employees to know how well they are doing, and for managers to be able to monitor how well their subordinates are performing. ...
Tesco’s managers exercise control at an individual and organisational level through:
Planning by setting objectives and targets. ... 6ai Management by objectives
The process described above contributes to management by objectives, in which the performance of the individual and Tesco’s is consistently being measured against objectives and targets, which have been agreed jointly by managers and employees. ...
Objectives should be determined through discussions between Tesco’s managers and Tesco’s employees. ... Thus meaning that managers must make the effort to consult all employees regardless of their statue within Tesco, and employees should consult managers if they feel that they would like to make any further input. ... A Tesco’s director who just falls short of his or her target profit figure may in reality have performed very well because, because Tesco may have been operating in the face of a major economic downturn.
Approximate Word count = 915
Approximate Pages = 3.7
(250 words per page double spaced)
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