TESCOGroup 3

1 in every 7 pounds spent in UK in 2007 was spent in TESCO

TESCO offers their best deals in out of town shopping centers rather than their city center ones

TESCO is Europe’s biggest property company

Core business: Retailing in UK• Established in 1919

• 60% sales and profit from UK• As of 2008, they had stores in each pin-code of UK

3rd Largest• Over 5,00,000+ employees

• Largest online grocer

Diversified into• Clothes, consumer electronics, consumer financial services, internet

services et…

High Standards

Clear Goals

12 Countries

VISION

‘To be the most highly valued business by: the customers we serve,

the communities we operate, our loyal and committed colleagues

and of course, our shareholders.’

ELEMENTS OF VISION

What Tesco

aspires to be?

Wanted and needed around

the world

A growing business, full of opportunities

Modern, innovative and

full of ideas

Winners locally whilst applying

our skills globally

Inspiring, earning trust

and loyalty from customers,

colleagues and communities.

No one tries harder for customersWe treat everyone how we like to be treated

We use our scale for good.

TESCO’S VALUES SUPPORTING ITS STRATEGIES• To grow the UK core• To be a creator of highly valued brands• To be an outstanding international retailer in stores

and online• To grow retail services in all markets• To be as strong in everything we sell as we are in food

No one tries harder for the

customers

• To build our team so that we create more valueWe treat everyone how we like to be

treated• To put our responsibilities to the communities we

serve at the heart of what we do We use our scale

for good

Understanding the

stakeholders

Changing &

Serving societies

Core Purpose

Culture

IMPORTANCE OF STRATEGIC PLANNING

IMPORTANCE OF STRATEGIC PLANNING

We make what

matters better,

together

Grow UK core

Create highly valued brands

Outstanding

international retailer

both in stores and

online

Grow retail

services in all

markets

‘the three big

ambitions’

Building team to create

more value

Be strong in

everything not just

food

STRATEGIES EMPLOYED

TESCO’S VISION & VALUES AFFECTING ITS SUCCESS

To create new opportunities

for people

Using ‘options scheme’ to train staff.

Target=6% Actual=5.8%

To improve health and help tackle

global obesity crisisProviding

colleagues and

customers with healthy

optionsTarget=9.3

million Actual=9.5

million

We treat everyone how we like to be

treatedPositive

viewpoint to the question ‘I

am treated with respect’

Target=74% Actual=71%

Community-focused global

business

Reduction of CO2

emissions

For stores built both before and after 2006

variance=+1.4%

• Although corporate motives for going green are often similar, the approaches can be quite different

• Tesco is primarily carbon-focused and deals primarily with managing, reducing, and offsetting carbon or greenhouse gas (GHG) emissions

• The company, the world's third-largest retailer, has pledged to halve emissions by 2020