logo

Developing Leadership and Management Skills

13 Pages3882 Words420 Views
   

Added on  2022-12-15

About This Document

This document discusses the analysis and comparison of leadership and management, key performance metrics of H&M, and the importance of leadership skills in organizations. It also provides insights into the quality of financial reporting in H&M. Get study material and solved assignments on Desklib.

Developing Leadership and Management Skills

   Added on 2022-12-15

ShareRelated Documents
Developing Leadership and
Management Skills
Developing Leadership and Management Skills_1
Developing Leadership and Management Skills_2
INTRODUCTION
Management is the organization of folks that make choices on how the commercial
enterprise can be run and worthwhile in all dimensions of the agencies or agency. In fact, those
people who are concerned in the preference making of the organisation and are referred to as the
control are responsible and responsible earlier than the strategic leadership within the
organisation (Jamieson and Donald, 2020). Management is the initiative and protection of an
investment portfolio inside the business enterprise in all the methods to fulfilment achievements.
This is the control in which the business enterprise offers with dealing of subjects in unique
sectors for enhancing the productivity and profitability in every vicinity of the agency of the
business enterprise. Management is best or artwork of influencing others or motivating a hard
and fast of human beings to the venture if you need to acquire the desires in the enterprise
corporations. Leader is the only who holds the characteristics of the management and is likewise
the person who conjures up others and directs them to do something super for not unusual
desires. People no longer only look at the leader but moreover they do this willingly and happily.
True chief takes his/her people with and jump ahead with the awesome morale and institution
spirit. For the completion of this assessment, H&M is taken into consideration. H & M Hennes &
Mauritz AB (H&M) is a Swedish multinational retail-garb corporation, acknowledged for its
fast-style apparel for men, women, young adults, and youngsters’ H&M (Hennes & Mauritz) AB
incorporates six independent producers: H&M, COS, Monki, Weekday, Cheap Monday and &
Other Stories. H&M’s format team creates sustainable fashion for all, constantly at the nice
price. The collections encompass the entirety from wonderful birthday celebration collections to
important fundamentals and functional sports clothing – for girls, guys, teens and children, and
for each season or event. In addition to clothes, footwear, bags, earrings, makeup, and underwear
there is additionally H&M Home – elegant interiors for kids and adults. As of November 2019,
H&M operates in seventy four nations with over 5,000 stores underneath the various employer
manufacturers, with 126,000 full-time equal positions. It is the second-largest global garb store,
at the back of Spain-based totally Inditex (Karagianni and Jude Montgomery, 2018). This
corporation turned into incorporated in 1947 and is situated in Stockholm, Sweden. This
assessment will discuss about the analysis and comparison of leadership and management as well
as key performance metrics of organisational sector/market/industry. Furthermore, it will explain
about the organisational leadership and performance in detailed manner.
1
Developing Leadership and Management Skills_3
MAIN BODY
Analysis and comparison of leadership and management
Management and leadership are critical for the shipping of correct services. Although
the two are similar in some respects, they can also comprise precise sorts of outlook,
skills, and behavior. Good managers want to try to be fantastic leaders and correct leaders,
need management talents to be effective (Bush, Bell and Middlewood, others and evolve
techniques for realizing the vision. They inspire people and are in a function to negotiate for
property and different resource to acquire their goals. Managers ensure that the available assets
are well prepared and carried out to offer the top notch results. In the resource limited and
hard environments of many low to middle-income international locations, a supervisor
need to additionally be a leader to accumulate pinnacle-rated consequences.
A manager is a member of an commercial enterprise company with the obligation of carrying out
the four essential features of control: making plans, organizing, main, and controlling. Most
managers also will be inclined to be leaders, however great if further they very well perform the
management duties of control, which encompass communiqué, motivation, presenting idea and
steerage, and provoking personnel to upward thrust to a better diploma of productiveness.
Unfortunately, now not all managers are leaders. Some managers have poor control tendencies,
and employees comply with orders from their managers because of the truth they are obligated to
perform that—not always because of the truth they may be brought on or inspired with the aid of
the leader. Managerial duties are normally a right a part of a interest description; subordinates
observe due to the professional choose out or designation. A supervisor’s chief consciousness is
to satisfy organizational dreams and goals; they normally do not take an lousy lot else into
attention. Managers are held answerable for their moves, further to for the movements in their
subordinates. With the call come the authority and the privilege to promote, lease, fire, concern,
or praise employees based mostly on their overall performance and behavior.
The primary difference among manage and control is that leaders don’t necessarily keep or
occupy a manipulate role. Simply placed, a frontrunner doesn’t need to be an professional
discern inside the agency; a frontrunner may be each person. Unlike managers, leaders are
determined because of their character, behaviour, and ideals (Sousa and Rocha, 2019). A leader
for my part invests in duties and obligations and demonstrates a excessive diploma of passion for
work. Leaders take a terrific deal of hobby inside the achievement of their followers, letting them
2
Developing Leadership and Management Skills_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Strategic Management: Analysis of H&M
|11
|3252
|63

Management and Operations - H&M
|19
|5784
|54

H & M Hennes & Mauritz AB
|12
|448
|388

The impact of change on behaviour and leadership in organisations
|14
|3980
|117

Challenges Faced by H&M in Digital Transformation
|9
|2642
|37

Retail Theory and Practice
|11
|3232
|48