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CEO retail sectori Mike Ashley

   

Added on  2022-12-30

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CEO retail sectori Mike Ash-
ley
CEO retail sectori Mike Ashley_1

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
A). Examine the management style and state the principle and functions of management used
by the CEO Mike Ashley of Frasers Group Plc..........................................................................1
B). Analyse the steps taken by the CEO the change in organisation structure in order to
achieve high performance and state the change in organisation culture brought about by the
CEO Mike Ashley of Frasers Group Plc and its impact on the employees................................3
C). Describe the leadership style of the CEO Mike Ashley of Frasers Group Plc to enhance the
organisational effectiveness.........................................................................................................5
D). Analyse the effects of power, influence and conflict at Frasers Group Plc (Mike Ashley).. 6
E). Discuss the various types of motivation used Mike Ashley..................................................7
F). Use appropriate corporate example and literature to provide justification............................9
G). Suggestions / recommendations (strategies) would Mike Ashley needs to implement to
increase organisational performance...........................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
CEO retail sectori Mike Ashley_2

INTRODUCTION
Organisational theory as well as management practices is undertaken as the common theme
for intent of determining business problems and various advantages. Moreover, this type of
aspects assists to maximise effectiveness, productivity and development opportunities of
business. The key intent of such analysis is to determine the management as well as leadership
activities which aid to develop affirmative atmosphere at work area. Also, the theories analysis
identifies leadership and management practices of entity which assists to accomplish targeted
goals (Bamber and Stefani, 2016). The company that is undertaken for this report is Frasers
Group Plc, which is a British retail group which was founded by CEO Mike Ashley. So, in
respect of retail sector, the topics which are going to be discussed in this report are the functions
as well as principles of CEO (Mike Ashley) in Fraser’s group plc. Its decisions to maximise
performance and culture of business as well as leadership style of their CEO. Moreover, this
would also cover the affect of power, influences and disputes and effectual practices of
motivation utilised through entity. Apart from this, the different literatures for providing
recommendations for company are also discussed in this report.
MAIN BODY
A). Examine the management style and state the principle and functions of management used by
the CEO Mike Ashley of Frasers Group Plc.
Within entity, management plays crucial role which aids them to define the personality of
managers into various circumstances (Clegg, Kornberger and Pitsis, 2015). Moreover, in respect
of Frasers Group Plc whose CEO Mike Ashley, their management assist in maintaining as well
as guiding staff for attaining targets of company. The several style of management as well as
their activities and principles are ascertained underneath:
Management style Directives: As per this style, manager anticipates compliances from it subordinates.
Moreover, manager undertakes threats as well as executes discipline into respective
management style. Authoritative: Manager who has an authoritative approach that tends to renders much of an
overreaching image to its staff instead than precise orders.
1
CEO retail sectori Mike Ashley_3

Affiliate: Respective styles promote unity as well as strive for building healthy relations
among higher authorities as well as subordinates. Moreover, the key intent of manager who
executes this particular style are probably do not enjoy disputes as well as they promote
healthy atmosphere. Participative: The managers who comply respective style are welcome reviews from whole
colleagues, aspects overall viewpoints as well as they reward team work. Pacesetting: Respective style highlights higher standards of administrative who anticipates
the employees for following them as well as monitor as an illustration.
Coaching: Person who comply respective type concentrates upon longer term professional
growth activities of staff:
Within respect of Frasers Group Plc, their CEO Mike Ashley may comply the style of
management as an Authoritative, participative and others (Understanding the role of employees
in managing corporate reputation – Sports Direct Case Study. 2018).
Principles of management Division of work: This is undertaken as the much essential management principle that
CEO Mike Ashley delegate task among staff through determining its competencies as
well as abilities. Authority: This required that CEO Mike Ashley has power to develop decisions in respect
of business entity.
Discipline: Within an entity, discipline should be upheld, but processes for performing
may fluctuate as per circumstances (An Introduction to the Principles of Management.
2021).
Functions of management: Planning: Respective management function aids CEO Mike Ashley to ascertain the
course of actions which they may undertake for attaining pre-determined objectives.
Therefore, this may described that planning assists in facilitating clear manner as well as
means for attaining specified organisational objectives (Dalkir, 2017). Organising: It applies to co-ordinate as well as handles various operative activities as
well as services. Moreover, organising whole resources as well as guidance is essential
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CEO retail sectori Mike Ashley_4

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