Importance of Business Management and Leadership

Business Management and
leadership

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK...............................................................................................................................................1
1 Key theories of leadership, perspectives and its application in sports direct..........................1
2 Management and leadership styles that enable Sport Direct to grow......................................2
3 Application of team working principles which impacts management and leadership styles..3
4 Sports direct effectively Facilitate their change process, what changes they are gone through
.....................................................................................................................................................5
5 ethical and value-based considerations and challenges? challenges enabled them to develop
to meet their objectives?..............................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business management is important for growth and development of organisation. In this
process leadership play vital role when they implement several theories. Leaders motivate
employees so they can give their hundred percent to company. This assignment is based on
Sports direct International Plc which is organisation of retail industry founded in 1982. founder
of same firm is Mike Ashley as well they are dealing in sporting goods. This store is famous for
their ethics, retail model, leadership and approaches to management (Goetsch and Davis, 2014).
Because from a single store they convert in 600 in short term duration. Best example of
leadership and business management is sport direct enterprise and all these description is given
below. Report mainly through light on key theories and effective management styles used by
Sport Direct for growth and success.
TASK
1 Key theories of leadership, perspectives and its application in sports direct
There are several leadership theories which is used by given company for their business
expansion is given below:- Democratic leadership style: in this equal opportunities of each and every staff member
has given so they can take part in decision making as well can take their own judgement.
Instead of this such leadership style says that decisions must be taken after suggestion of
employees working in same company. Because judgement can take organisation to its
high as well at low also.
 Recruitment style: for this process there is requirement of professional who is competent
and educated. Given enterprise focus on workforce so they placed right person at right
place according to their education, skills and knowledge. If company have talented staff
then they can easily achieved their goals and objectives. They don't accent on prompt
technologies and some other processes. By hiring right person in administration they can
build good management team (Goleman, 2017). They also follow all legal and moral
activities in company so that no unfair things can be done in the organisation. When
proper employees as per requirement are chosen they can reduce the annoyance
complaints from customers.
Management and leadership both term is different from each other. Their differentiation is given
below:-