Management Style, Principles, and Functions at THOMAS COOK
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This case study analyzes the management style, principles, and functions used by the CEO of THOMAS COOK. It examines the organization structure, culture, leadership style, effects of power and conflict, and types of motivation at THOMAS COOK.
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Contents INTRODUCTION...........................................................................................................................3 MAIN BODY..................................................................................................................................3 Examine the management style and state the principle and functions of management used by the CEO?......................................................................................................................................3 Analyze the steps taken with regard to organization structure in order to achieve high performance and state the organization culture at THOMAS COOK and its impact on the employees.....................................................................................................................................4 Describe the leadership style of the CEO of THOMAS COOK to enhance the organizational effectiveness.................................................................................................................................5 Analyze the effects of power, influence and conflict at the chosen firm.....................................6 Discuss the various types of motivation used at THOMAS COOK............................................6 Use appropriate corporate examples and literature......................................................................7 Recommendations........................................................................................................................8 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION Organization may be defined as a number of individuals who contribute their expertise and skills to execute various organizational activities. It is crucial for company to carry out various policies and strategies in order to achieve goals set (Reedy, 2020). There is a different theory of organization related to management and leadership that will promote operational efficiency in expanding. Business style control can contribute to increased results and team member skills for meeting objectives. This project report is based on a company that is Thomas Cook. This organization operates in the travel and tourism industries, and provides customers with different kinds of products and services. It is a British multinational travel company which was founded in 1841 and its creator is Thomas Cook. This report will include style of management data, and different managerial principles or functions. Different steps are evaluated for organizational structure to attain superior efficiency. Conflict is studied in various leadership models that are perceived by organizations to maximize market performance along with the influence of control. Besides that there are other forms of inspiration to be decided. MAIN BODY Examine the management style and state the principle and functions of management used by the CEO? The style of management can be defined as the type or method companies choose to conduct their business operations. There are many styles of management that are considered by the organization in needed to execute organizational tasks accordingly to accomplish business goals. Understanding appropriate management style and carrying out business activities appropriately is essential to the CEO of THOMAS COOK company. The main management style encompasses autocratic, progressive, participatory and many others. The CEO of THOMAS COOK calls the cooperative style of management for corporate activities. Democratic model of leadership is one of the most successful styles of management that can help and direct staff in a suitable manner. By following this management technique, the CEO of the relevant organization is able to take specific decisions and better develop
corporate activities. Democratic management style refers to the form in which THOMAS COOK Corporationās CEO or executives expect team members to be included with decision taking processes. Under this type of management, CEO acknowledges employee feedback and makes reasonable actions while consulting different staff members. This style of management will lead to strong relationships with company and increasing their inputs to achieve. Principle and function of management Management principles may be defined as the guidance and structure which will help the effective implementation of working practices. There are many concepts which will help THOMAS COOK CEO conduct different business activities correctly. The various principles the CEO of the chosen organization uses are ā Unity of direction- It strategic theory applies to establishing guidance for workers. THOMAS COOK CEO is of the view that one strategy or one head is important for growing corporate community. This will assist in supplying staff with the proper way to fulfill their job function (Howitt, 2019). Division of work- The Companyās CEO focuses on splitting large and complex tasks into simpler ones so that set organizational goals can be achieved in a timely manner. Work is divided amongst employees according to knowledge and competencies. There are several functions of management that is used by THOMAS COOK CEO. Planningā This Corporationās method is related to the scheduling set of actions and methods needed to perform business tasks. To schedule correct collection of activities for staff, THOMAS COOK's CEO finds this role o management. Organizing āIt focuses on business operations organizing and managing along with work performance. THOMAS COOK CEO organizes the tools required to take full production in the right way. Controlling āControlling organizationās reputation and tasks is essential to CEO. This would be one of the main roles used in the business THOMAS COOK to accomplish defined targets.
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Analyze the steps taken with regard to organization structure in order to achieve high performance and state the organization culture at THOMAS COOK and its impact on the employees. Organizational structure may be defined as the method or process practiced by the company to carry out different business operations (Thakhathi, le Roux and Davis, 2019). THOMAS COOK Company must better maintain corporate structure and carry out business actions accordingly. It has been decided that the corporate framework and community together with its workers would have a significant effect on companies. THOMAS COOK manager must adopt appropriate organizational framework to execute business operations and meet goals set. The business THOMAS COOK is built on matrix form. This structure combines functional and divisionalenterpriseframework.Thissortofcorporatearrangementisadvantageousfor improving company efficiency. THOMAS COOK Business Support System in team leader by granting greater flexibility. It is critical in keeping workers more responsive to their position and to their work. This structure of organization will lead to increased employee efficiency and results. This is successful in promoting creativity and in doing business dynamically. It was evaluated that corporate culture would have a significant impact on employees' ability and job fulfillment. Developing friendly and positive organizational culture to enhance the business is crucial for THOMAS COOK organization. Organizational culture may be defined as organizationās principles and beliefs around which various operations are carried out. The corresponding organizationalcultureis hierarchicallycentered.Both information and path flow in fixed format in this style of organizational culture. Culture geared towards hierarchy is well organized and easily managed by workers. This type of organizational culture leads to efficiency as well as worker stability to accomplish the necessary business task (Clark and Peck, 2019). This would have tremendous effect on the staff. THOMAS COOK Company's corporate framework and community is successful in maximizing workers' capacity to execute activities and help increasing efficiency and output of companies.
DescribetheleadershipstyleoftheCEOofTHOMASCOOKtoenhancethe organizational effectiveness. Leadership relates to the manner in which people are inspired and driven to execute activities in the appropriate way (Cox, 2019). There are various types of leadership style that organizationscanusetoimproveoperationalefficiencyandexecuteorganizationaltasks effectively. There are distinct types of organizational style that THOMAS COOK Company CEO can utilize. Style of leadership applies to the method or actions deemed in the appropriate manner by the corresponding company's members to handle or lead employees' performance. FindingthecorrectandappropriateleadershipstyleisimportantfortheCEOofthe corresponding company to improve corporate productivity and performance. THOMAS COOK corporation's CEO calls the approach of participatory and leadership styles. Both of these are efficient and optimal leadership methods that will positively impact company and its workers. Participative leadership style Participatory leadership style is the method by which THOMAS COOK agency members are expected to handle company workers and guidance. Under this leadership model and CEOseekteammemberfeedbackthroughcorporatedecisiontaking.Organizingis important to raise employee productivity in carrying out company activities in the necessary manner. Participating client chief can engage in the corporate challenge with staff and assist them in carrying out tasks in a more productive way. THOMAS COOK CEO analyzes workplace opinions before agreeing whether this contributes to organizational satisfaction. It is often advantageous for enterprise because it would be easier for the corporation to take the correct and acceptable choice when evaluating different factors. Participatory leadership is critical in creating strong employee relationships and motivating them to work in the proper way. Transformational leadership style Itisastyleof leadershipinwhichmembersmotivateandempowerworkersto accomplish the necessary organizational function (Hs and Backhouse, 2020). Transformation leadership is an effective style of leadership for motivating and transferring employee skills and capabilities to carry out tasks in the required way. Transformation leaders encourage and
motivate their workers to take control of their job responsibilities without micro management ā they believe trained staff. It's a part of leadership aimed at giving staff more space to be inventive, look to the future and find innovative solutions to problems. Staff members on the effectiveimpactwillalsobeprimedandviaadvisorshipandmentoringinbecoming transformation rulers themselves. THOMAS COOKās CEO calls transition leadership style as well as winning confidence from workers to improve workers' needed skills. It should be viewed as the ideal way to improving the efficiency of workers by strengthening their expertise and other abilities to more successfully execute company activities. Analyze the effects of power, influence and conflict at the chosen firm. Control, disagreement and power have been calculated to have a significant effect on the company as well as effect employeeefficiency (Topa and Karyda, 2019). To carry out organizationaloperations,itisessentialforTHOMASCOOKorganizationtoconsider appropriate control. Power can be defined as a per capacity or authority to take essential business decisions. It is important that control is exercised by correct and appropriate individual because that can impact client efficiency and profitability. Power and dispute would have a huge effect on workers' corporate culture and efficiency. It will change people's actions inside the company, whichcanhinderthecapacitytoexecuteoperationalactivities.TheTHOMASCOOK corporationwantstoexaminespecificallytheconsequencesofcontrol,leverageand disagreement with the business as that can have a significant impact on workers and their results. There are multiple kinds with power in the organization and the decision - making processes will be affected. For THOMAS COOK company, expert capacity should be of vital importance because this will assist in supplying workers with appropriate and precise instructions for operational activities. Individual with experience should have full and detailed knowledge of specific activities and this would serve to provide staff with more relevant awareness for executingtasks.TheTHOMASCOOKCorporationtakesintoaccounttheconceptof participative leadership and change. This form of leadership would contribute to an impact on the respective organization staff. The leaders of the respective organization required skills and abilities to lead or participation of individuals in the proper way to carry out organizational tasks. Conflicts in organizations are very normal, but they have a detrimental effect on company.
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Right and effective measures to eliminate tensions within the organization are important for the company. Increasing disputes may result in preventing workers from developing work and building hostile work climate for workers. It would disrupt workers for productive jobs and impact organizationās efficiency. In order to resolve conflicts and other issues with form organizations, it is essential that the respective organizations create a friendly and positive working environment for employees. Therefore it is clearly established by this that the strength, degree of authority and disputes would have a significant impact on employees in carrying out business tasks and skill. Discuss the various types of motivation used at THOMAS COOK. Motivation is one of the company's important factors that can have a significant effect on workers' performance and skills. To addition to inspire workers, it is important the management or CEO of THOMAS COOK Company find appropriate and productive motivating strategies. Maslow ladder in having among the most important incentive principle (Tourish, 2020). This will lead managers to consider correct motivation methods to affect employee and their ability to perform business tasks in the proper manner. In the sense of THOMAS COOK organization, Maslow motivational theory is mentioned below: ļ·Physiological theory- This necessity can be defined as human's first and fundamental need. This form of need requires food, water, shelter and other essentials that are essential for an individual's existence. Workers' physiological requirementscan be fulfilled by providing basic needs that are needed during organizational work. Full fulfillment of this need will result in THOMAS COOK institution's motive staff. ļ·Safety needs- The necessity applies to people as the prerequisite of protection and security. Once the needs are met, a person will try to achieve security needs which include financial stability, freedom from oppression, social satiability, etc. It is essential for THOMAS COOK organizationās management aimed at providing staff with work stability and financial protection, as that would help employee morale. By achieving this need, the various individual cultures will be able to work effectively and productively towards the respective corporate objectives.
ļ·Social needs- Social need for others can be described as needs of relatedness. Total social support is necessary for a human and this involves a person's family, friends and otherrelationships(MaleandPalaiologou,2019).TomotivateTHOMASCOOK employees, managers should carry out various organizational activities that will lead to the development of a strong relationship with employees. It has been analyzed that when workers have strong relationships in the organization, they will feel inclined to achieve in the followers achieve. ļ·Esteem needs- This need has to do with self-esteem, reputation, accomplishment etc. This is one of a person's necessary factors and an enterprise should involve staff in meeting these needs. It consists of a personal status or wealth that involves a company's career in society or institution. THOMAS COOK organization appreciates staff members in carrying out organizational tasks for their great efforts and achievements. This will lead to an enhancement of the employee image as well as assistance for increased job appreciation needs. ļ·Self actualization needs- It is the last need according to Maslow theory of necessity, have to correspond to the recognition of the capability and ability of the individual. To achieve this require individual emphasis on the self-full filaments as well as the quest for personaldevelopment.OrganizationTHOMASCOOKwillprovideitsstaffwith incentives to pursue personal development. It is essential for the respective company to give workers different forms of recruitment incentives, such that workers may attain self- actualization needs. Use appropriate corporate examples and literature It has been decided, according to Rucky Karuna Tejavath 's opinions, that there are many corporate activities that can have an influence on company performance and effectiveness. Business capabilities can be defined as the behavior or set of actions to be carried out within the company for the purpose of achieving goals (Dougherty and Natow, 2019). Organizational activities are important for the integration of beliefs and principles within the cultural and behavioralorganization.ItiscriticalforTHOMASCOOKorganizationtoadoptsound
management practices to achieve the company's goal as well as to impact staff efficiency. Important major organizational procedures. Developing and drawing up a clear management strategy that is completely compatible with corporate conceptual argument. Communicating anticipated results together with the organization target that should be accomplished is important for managers. Employee performance management and oversight of their productivity to attain business objectives. Providing preparation for workers and is necessary by staff members to fulfill the company's obligation or demand. Recommendations Based on the aforementioned review of multiple facets of the enterprise, there is a guideline that will enable THOMAS COOK Companyās management or CEO to improve their corporate efficiency. Consideration of this suggestion is important for managers in order to enhance the safety of businesses and attain set objectives. Here are different approaches and suggestions that would help the company of THOMAS COOK. Increase employee engagement- To raise the degree of employee interest in organization, THOMAS COOK Company is recommended. This would have a significant effect on corporate successandworkplaceskills.Organizationsshouldfindvariousapproachestoimprove workplace participation and conduct corporate tasks appropriately. The respective business should start employees' points of view and strategies while making important organizational decisions. This can contribute to workplace satisfaction as well as helping businesses build a innovative and successful market growth plan. Employee engagement will lead to increased relationships between the organization and the company. Use innovative technology- There are growing forms of modern and emerging technologies in the industry (Barnes, 2019). THOMAS COOK Company is advised to recognize creative
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technologies when carrying out its business operations. This would have a huge effect on the company and the willingness of workers to control it. Consideration of increasingly modified and sophisticated technologies can improve client efficiency in business operations. This platform would also assist workers in successfully executing operational activities and make corporate operations simpler for workers. Updated development framework and applications are designed according to market requirements and can improve operational efficiency. Provide training to employees- Training and development is a very integral part of the company which will boost employees' abilities and skills. It is important for the business organization to provide its staff members with timely coaching so that they can meet the business expectations. Training will help to enhance the necessary skills so that employees can use latest tech and organizational system adequately. This would serve to insure that workers require a range of skills that are important to meeting desirable company objectives (Zaleska and Kondraciuk, 2019). CONCLUSION This may be inferred from the above report that the company comprises of specific activities and responsibilities that are important to the accomplishment of the company's necessary goals. Management activities and the engagement of workers can be profoundly affected by thenatureandphilosophyofcompany.Therearemanyformsofmanagementand leadership styles that organizations need to understand in order to better organize and steer workers. This would have a direct effect on organization's effectiveness and profitability. It was decided that control or disagreement within the company would have a direct effect on employees' success and skills. Besides this, it has been established that there are increasing motivating influences which can affect employees' behavior.
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