Evaluation of Performance Against KPIs and Impact of Organisational Culture and Diversity on Tesco’s Performance

EVALUATION OF PERFORMANCE AGAINST KPIS AND IMPACT OF ORGANISATIONAL CULTURE AND DIVERSITY ON TESCO’S PERFORMANCE
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Table of Contents 

1.... Introduction. 3

2.1 Return on Sales. 3

2.2 Operating Expense Ratio. 4

2.3 Market Growth Rate. 5

2.4 Return on Assets. 6

2.5 Current Ratio. 6

3.0 Impact of Organisational Culture and Diversity on Performance. 7

3.1 Organisational Culture at Tesco. 7

3.2 Recognising and Rewarding in Organisational Culture. 8

3.3 Social Responsibility in Tesco’s Culture. 8

3.4 Diversity and Inclusion in Corporate Culture. 9

3.5 Leadership and Culture of Organisation. 10

4.0 Recommendations for Improving Performance. 11

4.1 Deep Inclusivity in Tesco’s Culture. 11

4.2 Broader Diversity and Inclusion. 12

4.3 Focus on Customers and Adapting Local Markets. 12

5.0 Conclusion. 12

References List 14

1 Introduction
An organisation’s strategic management reflects its recent position and strategy to determine its efficiency and capabilities. This paper revolves around Tesco Plc; it is known for its competitive behaviour compared to its competitors, such as Carrefour and Sainsbury. Tesco has utilised different technological advancements to improve its strategies and operations while reducing costs. The organisation has expanded its business operations globally, with over six thousand stores and over 520,000 workers. Considering the positive future implies that the organisation’s competitive advantages align with its environment. It is essential for maintaining market competitiveness to ensure sustainable growth. Tesco’s strategic management revolves around different factors, from technologies to efficient operations and adapting cultural aspects in its global presence. These aspects have enabled the organisation to manage its resources and capabilities, through which it has become a formidable player in the retail sector.
2.0 Key Performance Indicators for Tesco
This section of the paper provides a set of quantifiable measurements for understanding Tesco’s performance. These measures help the organisation to determine its strategic, financial, and operational efficiencies. Below are some of the KPIs estimated and discussed for the considered organisation.
2.1 Return on Sales
It is also referred to as a net profit margin and helps measure the profit levels generated for the revenues. This estimate provides the percentage of actual profits earned to determine the organisation’s efficiency (Parmenter 2019). The formula used for this measure is:
Return on Sales= Net ProfitRevenues×100
Return on Sales
2023
2022
Net Profit
744
1483
Total Revenue