Strategic Analysis & Strategy Formulation
The report has been prepared for the strategic analysis for the board of directors of Tesco based on the external and internal strategic analysis followed by strategy formulation by using strategic management tools and models. The external strategy analysis has been performed by PESTLE Analysis and Porter Five Force analysis whereas internal strategy analysis has been performed based on Value Chain Analysis and SWOT Analysis.
The discussion on the strategy analysis and strategy formulation highlights the key factors. The strengths of the company is its experience and the level of implementation of technology. There are certain aspects that have been the pain points i.e. the high debt levels and the competition. The strategies have been suggested based on which the weakness and threats can be reduced and thus increasing the sustainability of the company in the retail market.