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Various Approaches to Operations Management and Leadership Theory

   

Added on  2020-06-04

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MANAGEMENT AND OPERATIONS
Various Approaches to Operations Management and Leadership Theory_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Various Roles and characteristics of a leader as well as a manager................................1TASK 2............................................................................................................................................3P2. The role and function of a leader as well as manager in different situations...................3P3 Different theories and models of approach related to leadership as well as Contingency4Contingency Leadership Theory .....................................................................................................5TASK 3............................................................................................................................................5P4 Various approaches to operations management and the role that leaders and managers play................................................................................................................................................5P5 Significance and value of operations management...........................................................6TASK 4............................................................................................................................................7P6 Factors with in business environment that affect on operational management.................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
Various Approaches to Operations Management and Leadership Theory_2

Various Approaches to Operations Management and Leadership Theory_3

INTRODUCTIONManagement is a crucial part of any business. A business cannot grow beyond a point, ifit is not properly managed. It is an effective tool to gain growth as well as success for company.There are various aspects of management which include proper managing the variousdepartments like marketing, finance, sales, HR, etc. Management of operations of a business in aproper and effective manner is essential for long term health of the Organisation. It is thus quiteimportant that management prioritises its working in terms of management of operations. Marksand Spencer is a multinational company having a wide range of operations in various countries.It deals in retail sector and having a strong brand name among customers and general people. Itis therefore important that Organisation hires good and capable managers who can managecompany in an effective as well as efficient manner. Marks and Spencer is not a small name inthe world of retailing and it is recognised worldwide among different segments of customers.The Onus is on Management of the company to retain this brand image and work to enhance thesame going forward by effective Policies as well as Procedures.TASK 1P1. Various Roles and characteristics of a leader as well as a manager.Both leader and manager play a vital role in overall success as well as growth of theorganization. Leaders is responsible to take company forward by taking crucial and effectivedecisions for growth and prosperity of company. The manager is responsible to implementvarious important decisions taken by the leaders of company. They are the one who control andmanage subordinates. It is quite important for any company be it small and big to have a goodleadership as well as managers in place who can develop and grow business in an effectivemanner going forward.Roles of a Leader:Representative of the organization: A leader is a person who represents firm in dealingwith a third party and therefore, he can be called as the face of company. He is alsoresponsible to make a connection between various internal activities of the organizationwith external environment of business. Some of the main roles of manager would includeconducting seminars, conferences various important meetings, etc.Motivating Employees: It is a crucial job of any leader of the organization. It is veryimportant that leader motivates the workforce of the organization so that they can help1
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