Management in 10 Words


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He joined Tesco when he was 23, became the company's first marketing director and was responsible for the introduction of the highly successful Tesco Clubcard. He was knighted in for his services to food retailing and has received many industry honours and awards, including Sunday Times Business Person of the Year in and a Lifetime Achievement award from Retail Week in He also serves as director of the Liverpool Enterprise Partnership. He is a champion of education and has recently invested in a video-based online teaching tool for GCSE students.

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Married with three children, he enjoys sports, reading, theatre and architecture in his spare time. For the latest books, recommendations, offers and more.

Management in 10 words

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Terry Leahy

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Management in 10 words

View all. Goals have to cause excitement, and perhaps a little fear. When companies lose sight of their values, they start to make decisions based on short-term gains.

Successful execution depends on clear decisions, simple processes and defined roles. Think of them as a framework that fosters innovation and individual responsibility within organization.


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The silo builder is the enemy within. It means stripping out unnecessary processes.

Management in 10 words

Lean eliminates waste. Find out why people are buying their products, not yours. Be authentic.


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