Leadership and Management Assignment - Sainsbury
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Added on 2020-11-12
Leadership and Management Assignment - Sainsbury
Added on 2020-11-12
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CONTEXT OF BUSINESS
Table of ContentsINTRODUCTION...........................................................................................................................31. A brief history and summary of the business and the rationale of choice..............................32. According to the research, discuss the vision, leadership style and management practicesand various strategies making use of various theories................................................................43. Analyse how the above have been achieved or implemented by the firm with specificexamples......................................................................................................................................74. Recommendations as an improvement (the proposed leadership styles, managementpractices and the various strategies that can be undertaken by this firm based on this research).....................................................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONLeadership is defined as the ability of an organisation to set appropriate goals andobjectives, take decisive actions and influence others for performing well. The individualshaving good leadership skills are considered as people who are capable for managing highresponsibilities (Amagoh, 2019) . In this following assignment, the company considered foeanalysing leadership and management practices is Sainsbury's. It is one of the largestsupermarkets of UK. This firm was founded in the year 1869 by John James Sainsbury. Theheadquarter of this company are situated in Holborn, London. In the following assignment thereis a brief history and summary of business of Sainsbury. It also includes vision of the company,leadership style and management practice and various strategies of the leadership andmanagement. In the end, these strategies are analysed and several recommendations are madefor the company's leadership and management practice. 1. A brief history and summary of the business and the rationale of choiceHistory- Sainsbury's is a retail sector company which is 147 years old. This company isdivided into three divisions including Sainsbury's supermarkets Ltd, convenience shops,Sainsbury's Argos and Sainsbury's banks. It has a support centre in Holborn city of London.Sainsbury started in the year 1869 with a small rented shop located in Drury Lane. Presently, thecompany has around 1300 stores across United Kingdom. The main reason for popularity of thisfirm is quality products and fair price. This company was started by this family and butter wasprepared by fresh milk of cows. In the year 1890, company used a slogan- “ Quality perfect,prices lower”. In 1882, the firm offered its first product to customers i.e. butter. Gradually itstarted selling other products like fresh meat, chicken, fruits, vegetables and in 1922 it becamelargest chain of grocers (Ardichvili, Cardozo and Gasparishvili, 2018) . In the period between1950 and 1960 Sainsbury focused on enhancing packaging and designing of their products. In1973, the company became J Sainsbury plc. The smaller shops of it were converted tosupermarkets. It started a joint venture with BHS called as Savecentre in te year 1977. Thecompany launched Sainsbury's bank in the year 1997 in partnership with banl of Scotland. Itbecame first retailer to convert food waste into bio-methane gas for generating electricity. Summary of Sainsbury- Sainsbury is a leading retailer of food supermarket. It wasfounded in the year 1869 it is one of the largest supermarket of UK. It is largest retailer of food
and wine according to analysis of nationwide industry surveys. The ratings of this firm arealways high as it offers quality services and products at a fair price. Along with this it hasreceived top ratings in advertising, marketing, management and overall financial performance. Rationale of the choice- In this assignment, Sainsbury is chosen for analysing andknowing the strategies that leaders of this firm follows to run successful business. It is amultinational firm that deals in retail sector (Chen and Lee, 2018) . This assignment will help toknow about management practices and leadership styles that this multinational firm implementsin order to manage it's operations. 2. According to the research, discuss the vision, leadership style and management practices andvarious strategies making use of various theoriesVisionA vision reflects the planning of an organisation to become successful over time. Thevision helps to motivate people to work hard and achieve goal mentioned as vision statement ofthe firm. Sainsbury is a multinational corporation of UK and it's vision is to become the mosttrusted retailer and make people will love to shop and work. In accomplishing this, the companyput efforts in giving best and quality services to it's customers at any cost (Church andWaclawski, 2009) . The company invests in shops, channels and collogues for giving theircustomers a good experience of shopping. Leadership style / management practise followed in SainsburyLeadership is defined as traits followed by managers and leaders to influencesubordinates for working in an effective manner. Leadership helps in guiding employees how towork properly. It also provides direction for an organisation. A good leader shows workers howto work effectively and perform roles and responsibilities in a right manner. It also involvessetting example in front of staff members to be excited and work well to attain their goals.Moreover, a leader motivates it's employees in every situation and help it's team members towork hard and attain success (Conger, 2018) . Management style is the ability of leaders andmangers to handle all business operations and functions of the company. The different type ofleadership style and management practises followed in Sainsbury are described below-Autocratic leadership/ management styleAccording to this style of leadership and management style, managers make decisionsunilaterally. They do not consult subordinates while making organisational decisions. This leads
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