Impact of Digital Technology on Management and Leadership
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This paper discusses the impact of digital technology and application of classical management theories and leadership styles in three restaurant chains in central London known as Hazev, Haz and Taz. The report reviews the management and leadership style in the organization, internal and external impact of the use of digital technology, and more.
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Running head: IMPACT OF DIGITAL TECHNOLOGY ON MANAGEMENT AND LEADERSHIP Impact of Digital Technology on Management and Leadership Name of the Student Name of the University Author Note:
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1IMPACT OF DIGITAL TECHNOLOGY ON MANAGEMENT AND LEADERSHIP Table of Contents Introduction......................................................................................................................................2 Application of Classical Management theories...............................................................................2 Application of leadership styles.......................................................................................................3 Review Management and leadership style in the organization.......................................................3 Internal impact of the use of digital technology..............................................................................4 External impact of the use of digital technology.............................................................................4 Conclusion.......................................................................................................................................4 Reference.........................................................................................................................................6
2IMPACT OF DIGITAL TECHNOLOGY ON MANAGEMENT AND LEADERSHIP Introduction The notable determination of the paper is to focus on the impact of digital technology and application of classical management theories and leadership styles in three restaurant chains in central London known as Hazev, Haz and Taz. This Turkish based restaurant chains have numerous cafes, bars, large restaurants all over Europe serving both American and Turkish cuisine. This paper will be discussing the implementation of the classical management theories and the leadership styles which are adopted by the different types of managers of this restaurant chain (Donget al. 2017). The role of the leaders and their leadership styles will be presented in the paper as well, along with that the report will also review the management and leadership style in Hazev, Haz and Tas. The impact of digital technology on the external as well as the internal management styles will be also discussed in the paper. Application of Classical Management theories The classical management theories are successfully used in the chain of restaurants in order to improve the efficiency and productivity of Hazev, Haz and Taz. The outlines of the classical theory are very much suited for the restaurants. The theory outlines which are aligned with the hotel chains are discussed below. ďˇHierarchical structure: The different layer of stakeholders of this organization such as the primary shareholders of the organization, the different managers of each store, team leadsofeveryoutlet,externalstakeholdersoftheorganizationcanbemanaged effectively using this classical theory (Tepperet al. 2018). Training schedules and employeeproblemsareaddressedinaprofessionalmannerusingtheclassical management theory. ďˇSpecialization: The bigger tasks of this organization are successfully broken into smaller fragments which are very much easier to be managed and monitored (Hawkins 2017). The concept of multi-tasking is possible in this organization after the financial manager and the marketing manager ďˇIncentive schemes: The role of the marketing manager is very much important for maintaining the employee turnover in the series of chains.
3IMPACT OF DIGITAL TECHNOLOGY ON MANAGEMENT AND LEADERSHIP Application of leadership styles The finance manager and the restaurant managers applied different types of leadership styles in the working environment of this chain of hotel so that the productivity of the organization is achieved (Rante and Warokka 2016). The different categories of leadership styles which are adopted by the different managers of this organization are the transformational leadership styles and democratic leadership styles. Thetransformational leadershipstyle helps in encouraging all the employees of this organization as they can present their opinion and review about any changes required in the system or any types of changes faced by them. The democratic leadership styleshelp the managers of this organization to deal with the decision making process such as the selection of the raw and the appropriate business strategy (Hochet al. 2018). The sense of responsibility of the democratic leaders is very much important to deal with the cross-cultural conflict issues faced by this series of restaurants. All the organizational leaders of this business organization follow most these two above discussed leadership styles so that the mission and vision of the organization is achieved. Review Management and leadership style in the organization The management and the leadership style of Hazev, Haz and Taz are very significant for the growth and progress of the organization. The management style of this organization change hugely due to the application of digital technology such as Microsoft Office and other software tools. Effective management decisions is now possible as the exact needs and requirements of theconsumersaretrackedusingvarioussocialmediaplatformswhichisasignificant contribution of the digital technology. The use of automated systems such as the Digital POS system in this organization is very much useful for the marketing managers of this organization. The role of the finance managers are very much important for analyzing the point of sale of this organization. Strategic decision which are taken by the manager helps in creating new business opportunities for this organization (Drucker and Koontz 2016). All the guest accounts of the consumers are managed by the finance manager as it helps in improving the profitability of the organization. The management decisions are also very much important for minimize the cost associated with each of the business processes of the organization. At the same time, it can be said that the leadership styles followed in this organization are important for this organization to have a competitive advantage over the other similar organizations in central London. Special
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4IMPACT OF DIGITAL TECHNOLOGY ON MANAGEMENT AND LEADERSHIP training programs are given to the internal staffs so that they can provide better quality products to their consumers. The management of this organization plays a huge role during adverse business conditions such as recession and inflation (Mohiuddin 2016). The restaurant managers also need to deal with issues such as stress management, providing inventiveness, social skills and knowledge of the products. Internal impact of the use of digital technology The HR practices of this organization is improved significantly with the use of digital technology as better and quality resources are now readily available for the consumers. The categorization of the cuisines offered by this chain of restaurants is now available in the mobile devices for every stakeholder of this organization. New Turkish and Mediterranean cuisines are now made available for the consumers of this organization, the consumers of this organization can plan the entire cooking procedure with the help of their user accounts of the portal. The rating and review system of the consumers are also very much important for this organization to attract the potential consumers of this organization (Celikyilmazet al. 2017). The local and seasonal ingredients are now chosen by the consumers of this organization.Theautocratic management styleof this organization is very much important to improve internal management procedures. External impact of the use of digital technology The application of different categories of digital technologies such as the have a huge external impact on this organization. The performance of all the stakeholders of this organization is managed in a more professional manner with the use of the office portal which can be opened in the mobile devices of all the stakeholders of the business starting from the highest level to the lowest level. The use of digital technologies such as the Electronic Register System can be very much useful to manage all the processes of all the chain restaurants. The different customer service care facilities provided by this organization is also improved using the use of the chat box featureoftheorganizationalportals(Banksetal.2016).Theroleoftheconsultative managementstyle is very much important to deal with external management procedures.
5IMPACT OF DIGITAL TECHNOLOGY ON MANAGEMENT AND LEADERSHIP Conclusion The paper concludes the application of the classical management theory which is very much important to improve the efficiency and productivity of Hazev, Haz and Taz. The application of leadership styles such as democratic leaders and transformational leaders can be also determined from this report. The management style and the leadership styles which are currently used in this organization has been reviewed in the paper as well. The paper focuses on the impact of the digital technologies which affect the internal and external management style in terms of improved HR practices and managing the business records using the Electronic Register System. Thus, the report is very much useful for the directors of this organization to understand how digital technology has affected the management and the leadership styles in Hazev, Haz and Taz.
6IMPACT OF DIGITAL TECHNOLOGY ON MANAGEMENT AND LEADERSHIP Reference Banks, G.C., McCauley, K.D., Gardner, W.L. and Guler, C.E., 2016. A meta-analytic review of authentic and transformational leadership: A test for redundancy.The Leadership Quarterly, 27(4), pp.634-652. Celikyilmaz, I., Jogi, K., Khan, M.B.A., Ghosh, B., Joshi, M.G., Chinnappan, R., Gupta, R., Hagey, R. and Chanda, S., Visa International Service Association, 2017.Systems and methods to registermerchantsfordataprocessinginanelectronictransactionsystem.U.S.Patent 9,836,743. Dong, Y., Bartol, K.M., Zhang, Z.X. and Li, C., 2017. Enhancing employee creativity via individualskilldevelopmentandteamknowledgesharing:Influencesofdualâfocused transformational leadership.Journal of Organizational Behavior,38(3), pp.439-458. Drucker, P. and Koontz, H., 2016. Leadership and Management.Leadership. Hawkins,P.,2017.Leadershipteamcoaching:Developingcollectivetransformational leadership. Kogan Page Publishers. Hoch, J.E., Bommer, W.H., Dulebohn, J.H. and Wu, D., 2018. Do ethical, authentic, and servant leadership explain variance above and beyond transformational leadership? A meta-analysis. Journal of Management,44(2), pp.501-529. Mohiuddin, M.G., 2016. Decision Making Style in Islam: A Study of Superiority of Shura (Participative Management) and Examples from Early Era of Islam.European Journal of Business and Management,8(4).
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7IMPACT OF DIGITAL TECHNOLOGY ON MANAGEMENT AND LEADERSHIP Rante,A.andWarokka,A.,2016.Leadershipstyle,decentralisationandmanagerial performance: Does the management accounting system mediate the relationship?.Journal for Global Business Advancement,9(1), pp.79-89. Tepper, B.J., Dimotakis, N., Lambert, L.S., Koopman, J., Matta, F.K., Man Park, H. and Goo, W., 2018. Examining Follower Responses to Transformational Leadership from a Dynamic, PersonâEnvironment Fit Perspective.Academy of Management Journal,61(4), pp.1343-1368.