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Management Policies and Leadership Style

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Added on  2021-01-01

Management Policies and Leadership Style

   Added on 2021-01-01

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Assessment 2
Management Policies and Leadership Style_1
Table of ContentsINTRODUCTION...........................................................................................................................1ASSESSMENT 2.............................................................................................................................11) History of company............................................................................................................12) Management policies, leadership style and various strategies for development of people13) Strategies and policies which are implemented to achieved stakeholders interests...........34) Recommendations for improvement..................................................................................5CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................7
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INTRODUCTIONLeadership style and management polices are an essential part of every organisation,companies show various leadership style and management policies in order to achieve itsorganisational goal (Breugelmans and Campo, 2016.). Leadership style is type of style which isused by a leader to motivate his team and help them to achieve their organisational goal alongwith their individual goal. This report contains the various leadership style used by a UK retailerin order to meet stakeholders interest. It also contains the various management policies andpractices used in an organisation, and use of various management theories to develop strategiesto survive in a changing environment. To understand the various types of leadership style andmanagement policies a retail business Morrisons PLC is used in this report.ASSESSMENT 21) History of companyMorrisons PLC is a UK based fourth largest retailer headquartered in Bradford WestYorkshire, England. It was founded by William Morrisons in 1899 as an egg and butter stall inRawson Market. It began its expansion in 1952 when Ken Morrison took charge of company, itopened a small shop in city centre, which was the first self service shop. Morrison became apublic limited company, and listed itself on London Stock Exchange in 1967. It started itsacquisition in 2004 by acquiring Safeway, a British supermarket chain at that time which owned479 stores, giving Morrisons a large presence in southern part of England. The selected companydeals in a supermarket which provides various products such as groceries, fresh meat, vegetables,fruits and various other households product. In the year 2016 company owned approx 498 superstores spread all over England, Scotland and Wales. It provide fresh and quality food throughtheir own manufacturing facilities in England with the help of its highly committed, trained andskilled professionals. It also started their online store which meets requirements of approx 11million customers, to remain ad survive in this competitive environment they offer product atlow price which helps customer to save their money everyday.2) Management policies, leadership style and various strategies for development of peopleVision statement: Vision statement is a road map designed by a company which showsthat what company wants to become by new transformational initiatives, in order to achieve itsvision statement company sets a defined direction for its growth (Nisbet and Shucksmith, 2017).1
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