CIPD Level 5 Assessment - 5MDN Meeting Organisational Development Needs
Two learning interventions will be chosen for this study, beneficial for accomplishing set goals or objectives. Justification of methods would be provided along with reasons for eradicating other alternatives. Learning intervention design shall also be incorporated in the study that could effectively meet learning and development needs. Learning and development needs are an important component which helps in improving overall organizational performance.
Tesco Plc is a multinational general merchandize and grocery retailer having its headquarters in United Kingdom. On the basis of revenue margins, the firm is the second largest retailer across the globe. Tesco has about 6784 retail stores and has an employee base of approximately 500,000. There are some business subsidiaries of Tesco Plc such as Tesco Stores, Tesco Bank, Tesco Mobile, Dobbies Garden Centers, Tesco Ireland, Dunnhumby and Giraffe restaurants. The company has diversified into wide array of geographical regions. Learning and development strategy is adopted by the company and is inclined towards enhancing knowledge base and skills of employees. Training sessions are organized for employees in specific time interval. Employee retention policies are based on career development approach, performance based pay and encouraging team members to contribute their innovative ideas. Performance management policy forms an essential part of organizational functions.