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Management and Operations of Aldi - Assignment

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Added on  2020-10-04

Management and Operations of Aldi - Assignment

   Added on 2020-10-04

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MANAGEMENT ANDOPERATIONS
Management and Operations of Aldi - Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Defining and comparing the roles and characteristics of leaders and managers in Aldi........1M1 Different theories and approaches of leadership...................................................................2TASK 2............................................................................................................................................3P2 Application of role of leader and manager in different situational context............................3P3 Theories and models of Approach and reflecting on the role of managers and leaders.........4M2 Strength and weakness of different approaches to situation.................................................5TASK 3 (Presentation)....................................................................................................................5P4 Key approaches of operational management..........................................................................5P5 Importance and value of operations management in fulfilling objectives.............................5M3 Evaluating efficiency of operational management in Aldi...................................................5TASK 4............................................................................................................................................5P6 Factors impacting operational management and decision making.........................................5M4 Impact of factors on business environment of Aldi..............................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
Management and Operations of Aldi - Assignment_2
INTRODUCTIONIt is important for the organization to have effective operation strategies for bettermanagement and higher growth. Aldi is one of the biggest consumer product companies that isfunctioning in UK. The report makes comprehensive discussion on defining the roles andresponsibilities of managers and leaders who are working in Aldi. Further, it discusses regardingdifferent situations and their roles in attainment of objectives. Various theories of leadership willalso be discussed such as, situational, contingency etc. Moreover, the report focuses on differentfactors of business environment that has direct effect on decision making process of leaders andmanagers at Aldi. In the end, in order to make the knowledge of stated subject concrete, a briefdiscussion will be made on various internal and external environment factors that can affect thefunction of Aldi.TASK 1P1 Defining and comparing the roles and characteristics of leaders and managers in AldiThe Organizational structure is the hierarchy that is followed by the entity for flow ofcommunication, division of rights and responsibilities and other lines of authority. Theorganizational structure followed by Aldi is hierarchal based where a manager of everydepartment is responsible to take care of its subordinates. The structure is beneficial in decisionmaking. A person can pursue the characteristics of both leader and manager. However, there arecertain differences between both of them. Some of these differences are discussed below:Definition: A leader possess the characteristics of a dominant personality who lead others byhis skills and achieve the objectives of an enterprise as well. However, on the other hand, amanager is the one who is given responsibility by the management to administrate and insertcontrolling functions in the organization (Mendis Muttaqi and Perera, 2012).Leaders create vision and managers create goals: A leader posses the characteristics ofconverting the vision into reality. They tend to motivate the employees working at Aldi toachieve something big. However, in contrast to this, managers are made so that they can getthe goals achieved from the employees of Aldi which has been made by top levelmanagement. They control the situation of the organization in such a manner that theobjectives of Aldi are achieved.Innovation: The most essential attitude possessed by a leader is to have innovative andcreative ideas in their mind. They are considered as agents of change. However, in contrast to1
Management and Operations of Aldi - Assignment_3

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