INTRODUCTION
An organisation’s strategy is usually influenced by strategic leader as their position and personality gives them the dominance over the development of a strategy. Personal development is a strategic action in the planning procedure of daily business, where managers with their leadership traits and necessary knowledge or expertise try to attain strategic goals of an organization.
For this assignment I have chosen Asda which is the second largest retailer in the UK, and has been the largest subsidiary of the Wal-Mart family of companies since 1999. ASDA has 321 stores across the UK and Northern Ireland, 29 depots and more than 148,000 colleagues. These all help to generate more than £15 billion of turnover.
In recent years ASDA’s colleague’s involvement with the community includes working with local communities to raise money for charities. This has helped ASDA to improve the way in which it meets its mission, purpose and values. Asda – the UK’s second largest supermarket behind Tesco with a market share of 16.9 per cent versus Tesco’s 30.5 per cent – is entering a new era. (marketing week june 2013). ASDA, which is one of the most popular retailers in UK, needs a clear vision and mission to set the direction in which the company should be heading. The vision of this company is to become the best valued retail chains in UK through excellent customer service and respect for the individual. Being a senior manager at ASDA, it is my responsibility to analyze the
Asda’s business activities are that they sell goods and services such as clothing customer service, food, kitchen equipment etc.
Continual Self-Development is the approach where an individual takes prime responsibility and ownership for their own learning and development. This approach requires motivation and commitment in order to exploit learning opportunities and minimise the impact of weakness. A continuing self-development should be undertaken in partnership with the organisation and self-development should enhance the role held within the organisation. There are many benefits to be derived from continual self-development: improve performance and self-confidence; identify and develop specific skills and qualities; increase learning capacity; help achieve potential.
By reviewing and analysing the chart we can as employees identify where our areas of self development are needed.
| 1.1 Explain the importance of continual self-development in achieving organisational objectives1.2 Assess current skills and competencies against defined role requirements and organisational objectives1.3 Identify development opportunities to meet current and future defined needs1.4 Construct a personal development plan with achievable but challenging goals
(Please note: Task 1, 3 & 4 have been combined together into one report. Task 2 is separate and can be found on page 9)
ASDA is a public limited company and the second largest supermarket in the UK. ASDA founded in 1949 under the name of Associated Dairies and Farm Group. Asda offers various types of goods and service such as clothing, grocery, electronics, home furnishings and baby product (ASDA, 2014).
As Aldi has already established itself as a large discount supermarket chain with over 10,000 stores in 18 different countries including Australia (2001), and holds a large market share in the grocery world due to its business culture and market leading initiatives. This report aims to provide the ALDI board of directors with:
This assignment is based around a retail organisation. This organisation is in the fashion sector, primarily selling ladies fashion (although it does have some lines for men and children). The organisation has 34 stores, primarily based in the Midlands and South of the UK. It tends to employ significant number of students during the holiday period (to help cover staff holidays) and it always employs a number of temporary workers in the busy weeks leading up to Christmas.
This report provides a view on operations of SAINSBURY’S , the third largest supermarket chain across United Kingdom. SAINSBURY’S , in spite of being the longest standing retail chain has been facing stiff competition from rivals like TESCO , MORRISONS. The competitors seemed to have developed at a faster pace since SAINSBURY’S has been through a difficult time in recent years and TESCO is now twice the size in terms of turnover.
* External Context of Sainsbury’s belongs to the biggest supermarket leaders in UK. In other words, Sainsbury’s is part of big four ‘Asda, Tesco, Sainsbury’s, Morrison’s. The biggest rival today in UK market is Morrison’s, they booth fighting for a market but Sainsbury’s ram in a higher place. In Appendix 3, we can find concept of retail and types of functioning.
THE ASDA WAY OF WORKING ASDA, the grocery store chain that Archie Norman had just been hired to lead, teetered on the edge on bankruptcy.18 While ASDA had enjoyed a long run of success in the United Kingdom, upscale competitors and down‐market deep discounters had sharply eroded its customer base. Norman, an outsider to ASDA who had never run any retailing operation, believed that ASDA could not afford the luxury of piecemeal or incremental improvement. Everything about the organization—from the way they purchased and displayed products to the way store managers interacted with shop floor employees—would have to change. Everything Company Background
Marketing is all about identifying customers’ needs and wants. It also about putting the customer wants and needs at the centre of every department of the company. Asos is a company who has progressed throughout the years due to its marketing techniques.Asos is a global online fashion and beauty retailer which sells over 65000 branded and own label products through its website. The company ships for free
Self-development is also appeared in many works, especially in a context of an organization. Self-development is defined by Knowles (1975, p. 18, cited in Ellinger, 2004) as “a process in which individuals takes the
Personal development objectives are affected by organisations goals, as companies will want to steer their employees in a direction that should meet their corporate strategy and link into the mission statement. However, personal objectives and organisational objectives should tie in together and have a common goal, which should meet the needs of both participants (Dransfield, 2000). Although organisational objectives can hold a negative attribute to employee’s personal development, if the company invests time into employees PDP and employees can see that there is a plan in place for job promotion, then they’re more likely to keep their staff (Cotton, 2011). A future plan will add value to the business as it will improve employee’s skills and personal development strengths which will give a positive effect on the company performance.
A personal development plan helps an individual in identifying his potential and capabilities which he can utilize to achieve his future aims (Business Ball 2013). It