Tesco is a multinational grocery and general merchandise retailer based in the United Kingdom. It is the largest retailer in the world by profits and the third largest retailer in the world by revenue. Tesco has a complex organizational structure that is designed to support its global operations and meet the needs of its diverse customer base.
The structure of Tesco can be divided into two main parts: the corporate structure and the operational structure. The corporate structure includes the board of directors, the executive team, and the various departments that support the overall direction and strategic goals of the company. The operational structure includes the various business units and regional divisions that are responsible for managing the day-to-day operations of the company, including the stores, distribution centers, and other facilities.
At the top of the corporate structure is the board of directors, which is responsible for setting the overall direction and strategy of the company. The board is made up of non-executive directors and executive directors, with the latter group including the CEO and other senior executives. The board works closely with the executive team, which is responsible for implementing the strategy and plans developed by the board.
Below the executive team, there are several departments that support the overall operation of the company. These include the finance department, which is responsible for managing the company's financial resources and reporting on its financial performance; the human resources department, which handles employee recruitment, training, and development; and the marketing department, which is responsible for promoting the company's products and services.
The operational structure of Tesco is divided into several business units and regional divisions. The business units are responsible for managing specific areas of the company's operations, such as its grocery stores, online retail, and financial services. The regional divisions are responsible for managing the company's operations in specific geographical areas, such as the United Kingdom, Europe, and Asia.
Overall, Tesco's organizational structure is designed to support its global operations and meet the needs of its diverse customer base. It is a complex structure that is constantly evolving to adapt to changes in the market and meet the changing needs of its customers.