TESCO jatin kapadiya

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    Motivational theory in practice at TESCO

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    About Tesco Began in 1919 with one man named Jack Cohen

    First store opened in 1929

    Now has more than 2200 stores world wide

    Including Hyper markets & Tesco Express Outlets

    Their net profits are 3.4 billion pounds

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    Continued Tesco is one of the largest retailers & has a workforce

    of 468000 employees

    To meet the growing requirements Tesco needs

    A motivated and a flexible staff who are well trainedto recognize the needs of the customers

    Tesco provides support to all the employees of differentroles across different levels

    From a customer assistant at the store to departmentmanagers

    Also from warehouse employees to logistics staff

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    What is motivation ? Motivation may stem from personal interest or from

    external factors such as praise or a reward

    Other motivating factors includeAppreciation of hard work

    A sense of achievement

    Responsibility & Empowerment

    Opportunity of advancement

    A sense of challenge and enjoyment

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    Benefits of a motivated workforce Will work harder and achieve grater output in less time

    Will result in reeducation of labor costs

    Requires less supervision

    Demonstrates pride in work

    All this results in a great customer impact

    They tend to make lesser mistakes cause accidents and getinvolved in a conflict

    They are also likely to show grater loyalty & lessabsenteeism

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    What if the workforce is

    unmotivated ? They can negatively affect the quality of work & how

    efficiently the employees carry the jobs

    Which will result in the opposite effect if theworkforce is motivated

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    Tesco appreciates the uniqueness of the staff

    It also supports them by

    Flexible working with a work /life balance Free or reduced rate health benefits

    Discount gym memberships

    comparative salaries

    Staff discount

    Company share options

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    Tesco believes in trust and respect

    It also values its employees by providing realistic

    goals and interesting environment which results inmotivated employees

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    Taylors motivational theoryAccording to Taylor people purely worked for money

    He explains that with the car industry example

    WORKERS were paid piece rate in which they werepaid for every item produced.

    DIFFERENT KIND OF REWARDSMONETARY OR

    NON MONETARY TERMS

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    LIFESTYLE

    BREAK-THISOFFERS 4-12WEEKS OFF WORKAND GUARANTEESTHEJOB BACK AT THE

    END

    CAREER BREAK-THIS ALLOWS STAFF

    BETWEEN 6MONTHS AND 5YEARS AWAYFROM WORK WITHRIGHT OF RETURN.

    PENSION SCHEME-THIS AWARDWINNING SCHEMEPROVIDES CLEARLYDEFINEDLONG TERM BENEFITS

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    CONTINUED Internal factor:

    it may desire to learn a new skill.

    It would reward the indiviuals. External factor:

    Sales target and incentives

    COMMUNICATION:

    is a very important factor for motivation

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    CONTINUED Strategic career planning:

    it would help staff EXTRA ORDINARY. It would help

    to provide or come up with different talented skills. 360 degree feedback:

    Feedback is gathered frompeers customers & managers as well

    As stake holders

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    MASLOW THEORYSELF-FULFILLMENT

    SELF-ESTEEM

    SOCIAL NEEDS

    SECURITY NEEDS

    BASIC/PHYSICAL NEEDS

    Personal development plan,talent planning

    Appraisal system,360 degreefeedback

    Team work and groupworking

    Security foremployee as wellas pension

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    HERZBERG theory of motivation SATISFIERS: MOTIVATING employees enrich person job

    &may contribute to perfomance.

    ACHIEVEMENT

    RECOGNITION

    WORK ITSELF

    RESPONSIBILITY

    PROMOTION

    GROWTH

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    CONTINUED.

    Hygiene factors:

    The absence of this might cause

    demotivation.eg. Delegation. For authority of task.

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    CONLUSION MOTIVATION PLAYS AN IIMPORTANT ROLE IN AN

    ORGANISATION.

    MOTIVATION HELPS THE EMPLOYEE T PERFORM WELLAND BOOST HIS

    CONFIDENCE.

    MOTIVATION HELPS TO ACHIEVE THE GOALS AS WELL ASCAREER

    PROGRESSION.

    EMPOYEE MOTIVATION IS AN IMPORTANT TASK FORMANAGERS.

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    THANK

    YOU