Unit 35 Developing Individuals Teams and Organizations (GC01631)
Table of Contents
Introduction.
Overview of the Tesco PLC
An analysis of continuing professional development and the requirement for individual and organizational development
Meaning of continuing professional Development
Features of CPD.
Difference between organizational and individual learning, training and development
Need of continuous learning and professional development to drive sustainable business performance
HPW and the contributes of HPW on engagement and motivation.
Meaning of High-performance work.
Importance of High performing working.
Different approaches of High performance working (HPW)
Collaborative working.
Effective communication.
Financial and non-financial incentive method.
Recommendation for improvements of High performance working of Tesco PLC.
Conclusion.
References.
Introduction
This assignment will prepare to understand the concept of continuing professional development and the requirement for individual and organizational development as well as a High-performance working system in the business sectors (Appelbaum and Berg, 2015). This assignment will prepare a case study of Tesco PLC. Tesco PLC is a supermarket that offers various types of services and it has the 3rd position in UK retail market (Tesco annual report, 2019). This research will focus on the difference between organizational and individual learning, training and development and the importance of continuous learning and professional development to drive sustainable business performance of Tesco PLC. This paper will mention the different approaches of High-performance working and recommendations for improvements of high-performance working in the engagement and motivation of the employees of Tesco PLC.
Overview of the Tesco PLC
This assignment will prepare a case study of Tesco PLC. Tesco PLC is a supermarket that offers various types of services and it has the 3rd position in UK retail market. Most of the products and services of Tesco plc are groceries and general merchandise (Tesco annual report, 2019). Welwyn Garden City, Hertfordshire, England, United Kingdom is the main branch of Tesco PLC. Tesco PLC plays an important role to reduce the unemployment problem in the UK and it has 6,569 shops and 476,000 staff all over the various courtiers in the world. Tesco Credit Card, Tesco Mobile, Tesco Home-phone and other food facilities are the common services of Tesco PLC (Tesco annual report, 2019). It has an online shopping service for the customers.
The profitability and growth of Tesco are increasing day by day. In 2018; the net operating profit of Tesco is £1,280 million. The net income of Tesco is £54 million in 2018 (Tesco annual report, 2019). Tesco always tries to arrange continuing professional development of the employees for maintaining high performance of the employees and satisfying the customers to earn the targeted goals (Tesco annual report, 2019).
An analysis of continuing professional development and the requirement for individual and organizational development
Meaning of continuing professional Development
Argandona (2016) mentioned that Continuing Professional Development can be defined as the process of identifying, planning, performing, reviewing and reflecting on the activities. All functions of Continuing professional development are performed to develop the professional skills of the individual and organizational development (Armstrong and Michael, 2011). The following diagram represents that, a person can run the continuing professional development by identifying the key factors for professional development, then making a plan about the continuing professional development and implementing the plan into action.
After that, the person needs to review the actual performance and taking corrective action for the better reflection of continuing professional development (Barney, 2014). Becker and Gerhart (2017) stated that continuing professional development is a continuous process of developing individual and organization skills in respect of the professional activities of a firm. Continuing professional development helps to improve the professional knowledge of employees of the firm on a continuous basis, not a temporary basis (Armstrong and Michael, 2011).
Figure: Continuing professional development Source: Argandona (2016)
Features of CPD
Chi and Lin (2011) stated some of the features of the continuing professional development process are described below:
Documented process: Continuing professional development is regarded as a documented process of developing individual and organization skills in respect of the professional activities of a firm (Chi and Lin, 2011).
Self-directed: Continuing professional development is self-directed not directed by others. It is directed as a continuous basis for developing the professional skills of individuals (Chi and Lin, 2011).
Focus on learning experience: Continuing professional development plan is prepared on the basis of the individual learning experience, training and development (Chi and Lin, 2011).
Help to set development plan: Continuing professional development helps the individual and organization to set the development plan of professional skills.
Formal and informal learning: Continuing professional development is established by the combination of formal and informal learning (Chi and Lin, 2011).
Difference between organizational and individual learning, training and development
Conger and Kanungo (2017) said that organizational learning is the learning process by which individuals learn something in an interactive and collaborative way. In the process of organizational learning, employees are sharing the information among themselves to make a new decision or understand something interactively (Den and Verburg, 2017). Organizational training and development is similar to organizational learning by which all individuals get the facility of training and development programs of the firm.
On the other hand, Individual learning can be explained as the process of learning something by the individual solely (Evans and Davis, 2018). It is the personal knowledge and experience of a person gaining from the internal and external environment of the firm. Hall (2015) mentioned that Individual training and development is similar to individual learning by which individual gets the facility of training and development programs of the firm…………………….