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Partnership of John Lewis and Tesco Plc - Essay Example

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Summary
The study "Partnership of John Lewis and Tesco Plc" argues the similarities and the difference between both firms can be overlooked by analyzing their culture and management style. The latter is analyzed by assessing the social and community responsibilities of both organizations…
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Partnership of John Lewis and Tesco Plc
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Extract of sample "Partnership of John Lewis and Tesco Plc"

John Lewis Partnership & Tesco Plc John Lewis partnership is a UK chain of super stores and supermarkets, owned by a trust on behalf of its employees. Tesco plc is a publicly limited company which has many retail outlets around the globe. Tesco plc is quoted on the London Stock Exchange and is considered as the third largest retailer around the globe. Although the nature of business of both Tesco plc and John Lewis partnership may be same to some extent, the operation is a bit different. The similarities and the difference between both the organizations can be overlooked by analyzing both their respective culture and management style. This management style and culture is analyzed by assessing the social and community responsibilities of both the organizations. As with any company, both the organizations have put a great focus towards their corporate social responsibility. Both the organizations have worked immensely towards the building of society and shown great care towards the environment in which they operate. The only difference between the two organizations is the fact that Tesco plc operates around the globe whilst JLP has just to focus on its UK market community only as it operates over there only. Both the companies are heavily involved in volunteering and fundraising for charities and other local communities. Besides the community, the company has kept a great focus on the environment in which they operate. Both the companies are heavily involved in contributing a great deal towards the environment, both of these companies have a major focus on reducing their carbon footprints, Tesco has kept a long term view in this perspective, it aims to be a zero carbon business by 2050. Both the companies have kept huge objectives for themselves with respect to the environment in which they operate. Minimizing packaging and diverting waste from landfill, commitment towards responsibility development and creating awareness amongst their customer about environmental issues has been a common objective between both the companies. Tesco, on the other hand has a very large focus on the environment because of the fact that it is a global organization. Tesco has kept its objective much more target oriented as compared to JLP e.g. it aims to plant 950,000 trees in Thailand, reducing carrier baggage use by 70% and 20% in UK and Japan respectively. As Tesco is a large organization, it has to cater to all the countries demands and has to focus within every country in which it operates so that it does not lose its appeal and goodwill created amongst its customer. This focus onto the environment is considered to be one of the major steps in creating greater goodwill amongst the customers of both the organizations. Tesco, as opposed to JLP has been really focused on to the climate change factor. Tesco knows that the climate change factor has been highly debatable these days and that is the reason that Tesco has aimed to create awareness amongst its customers about the climate change factor and how the reduced usage of packaging material and high focus of green recycling can help in contributing towards a better climate and environment. As far as the products are concerned, Tesco offers a wide variety of products as opposed to JLP. But as for the method of sale, both the companies have kept great quality standards within their products. Both the companies have ensured that their respective products are of the greatest value to their customers. Proper laws are also followed while selling off these products. Both the companies tend to ensure their customers that the products being offered are produced responsibly. The companies have kept special focus and great relationship with their suppliers as strong bondage with these suppliers ensure long term growth for both the company as well as the suppliers. The companies also have a great focus towards their customers as customers are the only people that generate funds for the company. Both the companies have had a great approach of offering best value, service and choice to their respective customers. The difference here is that Tesco has to cater to many different markets hence different customer. Hence to cater to their demands, Tesco has to offer proper products that serve the appropriate taste of the different markets in which they operate. With a committed workforce of 472,000 employees, Tesco has had a special approach towards their employees as well because greater employee satisfaction also results in creating goodwill. The company offers great working atmosphere to its employees with the greatest amount of training as well. Both the companies are operating in the retail industry and both have many similarities as well as difference within their working style and this is hugely because of the fact that the size of the organization is very much different from each other. (JLP, 2011; Tesco plc, 2011) Works Cited John Lewis Partnership (JLP), Our responsibilities, 2011 http://www.johnlewispartnership.co.uk/Display.aspx?&MasterId=c489c8d5-be4b-483a-a3f8-65d3ab5688b1&NavigationId=1254 Tesco plc, Corporate responsibility, 2011 http://cr2010.tescoplc.com/ Read More
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