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Six KPIs for an Entire Organisation? How Tesco Overhauled its Performance Management Framework
Tesco, the British-based international grocery and general merchandising retail group is the world’s third largest retailer by profit, with more than 6,500 stores and 475,000 employees. With an organisation of this scale, being able to communicate strategy and execution effectively is more important than ever. In this article, we’ll take a look at Tesco’s previous approach to performance management and see how the retail giant has massively streamlined its strategic objectives in recent years.Understanding Tesco’s previous “Corporate Steering Wheel” approachTesco used to use what it called a Corporate Steering Wheel for setting out strategic objectives. This performance management framework was [...]
Trainer
Bernard Marr is a highly experienced instructor who has designed and delivered internal training courses on business and tech trends for many of the world’s leading companies and government organisations. His previous training clients include the UN, the European Parliament, ICAEW, the Irish Management Institute, Oxford University, Vodafone, the Ministry of Defense, Cambridge University, T-Mobile, Siemens, Mars, Jaguar Land Rover, General Dynamics, the College of Policing, Toyota, and many more. Bernard is available for in-person and virtual training programs. Contact Bernard Why You Should Book Bernard Marr as Your Next Trainer Expertise Bernard Marr is one [...]
Consultant
Bernard Marr is one of the world’s most experienced consultants in the fields of business strategy, performance management, data and AI strategy, technology trends, and digital transformation. He has worked as a consultant for many of the world’s best known companies and government agencies, including the UN, NATO, Toyota, Accenture, Shell, Walmart, HSBC, UK Police Forces, DHL, Siemens, BP, central banks, NHS organisations, and many more. Reach out to Bernard A Selection of Bernard’s Consulting Services: Strategy and Goal Development Bernard Marr helps organisations identify what they want to achieve and what the key deliverables are, then helps [...]