The financial report that follows sets out to analyse and compare the current financial and
Market position of Sainsbury’s against Tesco.
The report covers five areas of financial and market review, namely;
• Situation Analysis
• Proposed Recovery Plan
• Investment Appraisal of recommended Investment Projects
• Risk Assessment
• Sources of Finance
Recommendations made within this report are made with the intention of increasing Sainsbury’s market share over the next 5 years.
Executive Summary Format / Template
Company needed to move from a Task focused to a Customer Service focused organisation and prepare for substantial future growth
Training Department established in 1998
Induction Training course designed using latest training methodology and technology
Fully developed in-house – 100% relevant to the company and the business
Induction Course requirements – task training, system training, product training and customer service training
Training Manual and keying instructions developed
Courses geared towards 80/90% knowledge retention
Coaching and Mentoring strategy in place
Policy of continuous improvement monitored by a process of on-going evaluations and assessments
Training Course Evolution – web based skills acquired – Intranet facility and online training
Tangible Commercial Benefit – a saving of xxxx over a three year period
References
http://en.wikipedia.org/wiki/Image:Market_Share_top_supermarkets.jpg http://www.igd.com/search/index.asp?sc=supermarket+value&ns=1 http://www.tescocorporate.com/page.aspx?pointerid=A8E0E60508F94A8DBA909E2ABB5F2CC7 http://www.sainsburys.co.uk/aboutsainsburys http://www.morrisons.co.uk/Corporate/Investors/ http://www.about-asda.com/inside-asda/our-history.asp http://www.investorcentre.tescoplc.com/ http://www.jsainsburys.co.uk/?pageid=204 http://en.wikipedia.org/wiki/Economy_of_the_People%27s_Republic_of_China
References: In analyzing the profit records of Sainsbury’s and Tesco over the same five year period (2003 – 2007) the shear gap is equally as alarming as the differences highlighted in sales.