Wednesday, July 24, 2019
Business Intelligence Essay Example | Topics and Well Written Essays - 3000 words - 1
Business Intelligence - Essay Example The main thing here is not structure but rather the application of an integrated organizational system which is capable of aligning vital attributes necessary to leadership and accountability (Blumberg & Atre, 2003). In an economy where speed and adaptability can make or break a business enterprise much like TESCO, companies can only win and as a result, stay profitable through proper organization ââ¬âand keep on making profits. As TESCO grew over the years, it has become more complex, thus as a result, their capacity for quick response and adaptability to change gets stretched thin. As a supermarket, TESCO thus had to deal with a global playing field, since customers are separating into smaller compact units. Data cascades into TESCO, at the risk of being vague regarding meaningful information. Executives in this supermarket chain may find themselves scrambling to react. It is the organization which holds the key (Power, 2010). What will help TESCO set itself apart and become among the top performers is solely based on the quality of their decision making. The key to revive TESCO is to restructure their whole organization so that they will be able to make the most important decisions well while executing them quickly and consistently. It has frequently been found again and again that TESCOââ¬â¢s main rivals like Sainsbury, which announced UK sales growth to be 1.9% for the second quarter, is a worthy competitor since it has proved to be a decision-driven organization, founded on the pillars of effective decision making and flawless execution. TESCOââ¬â¢s governing body should take it into more consideration that making good decisions simply means being clear about which decisions matter most. This requires getting the right people to focus on those decisions at the right moment in time (Rud, 2009). In order to go back to the winning ways, TESCO will have
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