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Approaches of Operations Management

   

Added on  2021-02-21

17 Pages6066 Words33 Views
Business DevelopmentLeadership ManagementProfessional DevelopmentCalculus and AnalysisEconomics
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Management &Operations
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Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1: Role and characteristics of leader and manager....................................................................3M1: Analyse different role of leader and functions of manager..................................................5D1: Critically analyse different theories of leadership................................................................5TASK 2............................................................................................................................................6P2: Examine the role of leader and manager in various situations..............................................6P3: Apply different models and theories.....................................................................................7M2: Strength and weakness of different approaches...................................................................8TASK 3............................................................................................................................................8P4: Approaches of operations management................................................................................8P5: Importance and value of operation management.................................................................10M3: Evaluate the measures to improve the efficiency of operational management..................11D2: Critically evaluate the application of operation management.............................................11TASK 4..........................................................................................................................................11P6: Factors within the business environment that impact upon operational management........11M4: Different factors that affect the business............................................................................13CONCLUSION .............................................................................................................................13REFERENCES .............................................................................................................................14
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INTRODUCTIONManagement and operations refer to the administration of the adequate business activitiesthat is used to produce best possible efficiency by transforming the resources into the valuablematerial and gain maximum profit out of it (Al Shobaki, Amuna and Naser, 2017). This is aneffective part of business that include activities like planning, organising as well as supervisingthe operations by implementing suitable business strategy. Within this report the discussion willbe made on Corus company which is the part of steel making company known as Tata Steelwhose headquarter is in London, United Kingdom. The steel making plant of Corus is operatedin various countries like Wales, and England. This report cover topics like various roles of leaderand function of manager along with their application. Demonstrate the role that leaders andmanager play within operations function. Further, determine the relationship between leader andmanagement in contemporary business environment.TASK 1P1: Role and characteristics of leader and managerLeader is responsible to inspire and encourage the members so that they perform theirrespective tasks willingly and help to attain the business objective. Within Corus company theyare basically responsible for turning out vision into the reality by thinking beyond the limit andengaging employees effectively. RoleLeader on the basis of leadership trait helps the employee to integrate their personal goalswhile accomplishing the organisational goal (Clarke, 2012). This develop the urge amongthe employees to coordinate their effort and attain shared objective.Leader maintain the interpersonal relationship amongst the employee and between theemployer and employee which further reduces the chances of conflict. CharacteristicsLeaders tend to have optimistic attitude where they work and expect for the best possibleoutcome. Along with that they exploit the opportunity by managing the situationeffectively. Their listening and problem solving ability help them to share the good bond with theworkforce of Corus company.
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Managers are basically responsible to conduct the managerial activities by forming alink between the firm as well as stakeholders which include customer, employee, society,government and so on. The managers of Corus company usually analyse external environmentand control the situation in order to meet or exceed the pre planned objectives. RoleManagers are responsible to undergo the best possible strategy that can lead toprofitability of business. Along with this they maintain the liaison between internal as well as external contact bymanage the balance between the various networks (Czarniawska, 2012). CharacteristicsThe manager have the capability to manage their time successfully due to which Coruscompany is able to prioritise all their tasks and make sure their staff perform theiractivity within confined duration.Further, the manager are capable enough to delegate the project to concerned authority byallowing staff to achieve productive result. DifferenceBasisLeaderManagerFocusWithin Corus company theleaders on the basis of theirforesight vision aims tosuccessfully grow and developthe organisation by adoptingand promoting the changes.So due to motivation fromleader the employees of Coruscompany apply innovativetechnique such as develop thebest possible specification inthe steel and sell it atcompetitive pricing. This canfinally help the company toManager usually organise andmake favourable decision byadopting the changes in order toenhance efficiency. This assistthe Corus company by bringingnew product as well as servicesin the market. As the wholeprocess require huge investmentdue to which the respectivecompany's manager follows leanproduction technique tominimise the chances of wastageand reduce the manufacturingcost associated with the
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