Leadership and Management Concepts (Part 1) Leaders and Operations Management (Part 2)
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Management and
Operations
Operations
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Table of Contents
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
P1. Explain and make a differentiate between leader and manager based on their roles and
characteristics.........................................................................................................................4
M1. Analyse and differentiate between the role of a leader and function of a manager by
effectively applying a range of theories and concepts............................................................7
TASK 2............................................................................................................................................8
P2. Presents the examples that shows how the role of leader and function of a manager are
applied in different business situational contexts...................................................................8
P3. Use different concept and models of conceptualisation in the operation management. And
also include situational leadership, systems leadership and contingency theory of leadership
................................................................................................................................................9
M2. Examine strengths and weaknesses to appraise different approaches to situations within
the work................................................................................................................................11
D1. Critically Analyse and Evaluate the different theories and approaches to leadership...12
TASK 3..........................................................................................................................................12
P4. Describe key approaches of operations management considering the role and function of
leaders and managers............................................................................................................12
P5. Describe the significance and value of operations management towards the business goals
..............................................................................................................................................13
M3. Evaluate how leaders and managers can improve efficiencies of operational management
to successfully meet business objectives..............................................................................15
TASK 4..........................................................................................................................................15
P6. Discuss the suitable elements of business environment that impact the decision making of
managers and leaders............................................................................................................15
M4. Analyse how these different factors affect the business environment and wider
community............................................................................................................................16
D2. Critically Evaluate application of operations management and factors that impact on the
wider business environment.................................................................................................17
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
P1. Explain and make a differentiate between leader and manager based on their roles and
characteristics.........................................................................................................................4
M1. Analyse and differentiate between the role of a leader and function of a manager by
effectively applying a range of theories and concepts............................................................7
TASK 2............................................................................................................................................8
P2. Presents the examples that shows how the role of leader and function of a manager are
applied in different business situational contexts...................................................................8
P3. Use different concept and models of conceptualisation in the operation management. And
also include situational leadership, systems leadership and contingency theory of leadership
................................................................................................................................................9
M2. Examine strengths and weaknesses to appraise different approaches to situations within
the work................................................................................................................................11
D1. Critically Analyse and Evaluate the different theories and approaches to leadership...12
TASK 3..........................................................................................................................................12
P4. Describe key approaches of operations management considering the role and function of
leaders and managers............................................................................................................12
P5. Describe the significance and value of operations management towards the business goals
..............................................................................................................................................13
M3. Evaluate how leaders and managers can improve efficiencies of operational management
to successfully meet business objectives..............................................................................15
TASK 4..........................................................................................................................................15
P6. Discuss the suitable elements of business environment that impact the decision making of
managers and leaders............................................................................................................15
M4. Analyse how these different factors affect the business environment and wider
community............................................................................................................................16
D2. Critically Evaluate application of operations management and factors that impact on the
wider business environment.................................................................................................17
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18
REFERENCES..............................................................................................................................18
INTRODUCTION
Management and operations is the significant concept which is related with the prominent
design and suitable controlling of the prominent process by considering the procedure of
manufacturing and redesigning the business operations and other commodities. It also tends to
consider the suitable roles and responsibilities in terms of making sure for the effective
operations of business by undertaking the suitable sources which are need to meet the demand of
customers (Filimonau and Delysia, 2019). The suitable concept is required in regard of having
effective manufacturing of prominent products. In this report, Cranswick is considered which is a
leading UK food producer and the provider of fresh extra worth commodities. Company is
founded in 1974 and headquarter in Hull, UK. Furthermore, report tends to cover details
regarding the role of leader and managers by considering the various situations which are helpful
in enhancing practical knowledge. Along with this, various approaches are also discussed
undertaking the operations management values and significance for the prominent functions and
suitable factors that are helpful in identifying overall market that leads to effect the decision
making of leaders.
TASK 1
P1. Explain and make a differentiate between leader and manager based on their roles and
characteristics.
Managers: They leads to work for suitable actions and undertake effective
responsibilities to have effective operations at each and every level. For this, managers also
develop suitable plans and strategies of company by undertaking the effective achievement of
goals regarding the growth and success (Yang and et. al., 2020). For this, suitable characteristics
and roles of managers are discussed as:
Roles of managers: Monitoring: The managers of Cranswick leads to perform several task in a day and for
this, monitoring plays an important role by the managers and management to ensure
regarding the suitable requirements and resources to perform effective task in prominent
way. Negotiation: Here, managers plays an important role to have proper negotiation from the
side of company undertaking the external environment and identification of internal
Management and operations is the significant concept which is related with the prominent
design and suitable controlling of the prominent process by considering the procedure of
manufacturing and redesigning the business operations and other commodities. It also tends to
consider the suitable roles and responsibilities in terms of making sure for the effective
operations of business by undertaking the suitable sources which are need to meet the demand of
customers (Filimonau and Delysia, 2019). The suitable concept is required in regard of having
effective manufacturing of prominent products. In this report, Cranswick is considered which is a
leading UK food producer and the provider of fresh extra worth commodities. Company is
founded in 1974 and headquarter in Hull, UK. Furthermore, report tends to cover details
regarding the role of leader and managers by considering the various situations which are helpful
in enhancing practical knowledge. Along with this, various approaches are also discussed
undertaking the operations management values and significance for the prominent functions and
suitable factors that are helpful in identifying overall market that leads to effect the decision
making of leaders.
TASK 1
P1. Explain and make a differentiate between leader and manager based on their roles and
characteristics.
Managers: They leads to work for suitable actions and undertake effective
responsibilities to have effective operations at each and every level. For this, managers also
develop suitable plans and strategies of company by undertaking the effective achievement of
goals regarding the growth and success (Yang and et. al., 2020). For this, suitable characteristics
and roles of managers are discussed as:
Roles of managers: Monitoring: The managers of Cranswick leads to perform several task in a day and for
this, monitoring plays an important role by the managers and management to ensure
regarding the suitable requirements and resources to perform effective task in prominent
way. Negotiation: Here, managers plays an important role to have proper negotiation from the
side of company undertaking the external environment and identification of internal
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environment from the employer side (Holmström and et. al., 2019). For this, people leads
to reach to managers in order to face any kind of issue by which managers leads to bring
higher authority of employees to have prominent solutions of the issue.
Characteristics of managers: Risk avoider: Managers tends to undertake safe path in order to work for the suitable task
rather than risky task. It undertakes the prominent features by which managers try to
undertake suitable way for the effective working system rather than going for the unique
one.
Leaders: These are people who leads to provide prominent guidance and assistance to
their workers in order to face any other situation. In regard of this, leaders lead to make proper
use of human resources to make things effective and potential by keeping them motivated
(Abideen, Mohamad and Fernando, 2020). Here, every team member effectively undertakes their
leaders in terms of having proper guidance and support to make them competent. Here, every
leader need to offer suitable guidance in terms of making them more competent and some of the
effective characteristics are mentioned as:
Role of a leader: Motivator: Here, leader plays an important role in order to motivate and make sure that
the effective team member is satisfied and happy with its subordinates in order to work
with full potentiality for their clutch and also subsidize towards the effective objectives
and goals of Cranswick. Delegation of duties: The team leader need to be known about the prominent ability of
respective as their duty is to assign effective duties and jobs which are being directed in
order to achieve objective of Cranswick.
Characteristics of manager: Change agent: Leaders are the one who tends to undertake creative ways to work over
the old ways that represent the characteristics and features towards leading the team.
Furthermore, Cranswick need to undertake suitable changes in order to make their
individuals in comfort zone by undertaking suitable changes to get align according to it.
Manager’s function:
There are various functions which are being performed by manager towards the growth
and success of company. Some of the functions are mentioned below:
to reach to managers in order to face any kind of issue by which managers leads to bring
higher authority of employees to have prominent solutions of the issue.
Characteristics of managers: Risk avoider: Managers tends to undertake safe path in order to work for the suitable task
rather than risky task. It undertakes the prominent features by which managers try to
undertake suitable way for the effective working system rather than going for the unique
one.
Leaders: These are people who leads to provide prominent guidance and assistance to
their workers in order to face any other situation. In regard of this, leaders lead to make proper
use of human resources to make things effective and potential by keeping them motivated
(Abideen, Mohamad and Fernando, 2020). Here, every team member effectively undertakes their
leaders in terms of having proper guidance and support to make them competent. Here, every
leader need to offer suitable guidance in terms of making them more competent and some of the
effective characteristics are mentioned as:
Role of a leader: Motivator: Here, leader plays an important role in order to motivate and make sure that
the effective team member is satisfied and happy with its subordinates in order to work
with full potentiality for their clutch and also subsidize towards the effective objectives
and goals of Cranswick. Delegation of duties: The team leader need to be known about the prominent ability of
respective as their duty is to assign effective duties and jobs which are being directed in
order to achieve objective of Cranswick.
Characteristics of manager: Change agent: Leaders are the one who tends to undertake creative ways to work over
the old ways that represent the characteristics and features towards leading the team.
Furthermore, Cranswick need to undertake suitable changes in order to make their
individuals in comfort zone by undertaking suitable changes to get align according to it.
Manager’s function:
There are various functions which are being performed by manager towards the growth
and success of company. Some of the functions are mentioned below:
Planning: It is the main role of manager which is to create plan in order to meet the goals
and objectives of company. It undertakes allocating useful resources of employees and
delegate responsibilities in order to set actual timelines and standards for completing task.
In context of Cranswick, their manager plays an important role in terms of planning
suitable roles by continuously checking the progress of team and also leads to forecast
things to maintain clear image of company.
Organising: It effectively represent the organisational skills of manager in order to make
effective arrangement of the staff members for smooth running of an organisation. In this
context, Managers of Cranswick develop internal process and structure for their
employees and teams which is best suited for the particular task and keeping it effectively
organised for the daily operations.
Controlling: This function is useful to make sure that all the functions are effectively
work in order to achieve success of company. For this, the managers of Cranswick
effectively monitor the performance of employees, quality of work, efficiency and
reliability of the projects which are completed in an effective manner. Hence, with the
help of controlling, the manager of Cranswick make sure the suitable goals of business
and tends to make proper changes accordingly.
Directing: In this function, the managers tends to effectively provide guidance and
proper direction to their employees in order to perform their job role by making them
comfortable and confident in order to take command for their team members on the basis
of daily task. In context of Cranswick, their managers lead to include effective projecting
to develop strong sense of direction at the time of developing goals and communicate
new process for the products and services.
Leader’s role:
Adair’s action centred leadership model
With the help of this model, eight roles are described regarding the success and growth of
company by undertaking the SMART goals to have clear objectives, this model has three
suitable factors of leading undertaking team, task and individuals in order to achieve success and
growth. Hence, the prominent roles that are being performed by the leader of Cranswick is
discussed as:
and objectives of company. It undertakes allocating useful resources of employees and
delegate responsibilities in order to set actual timelines and standards for completing task.
In context of Cranswick, their manager plays an important role in terms of planning
suitable roles by continuously checking the progress of team and also leads to forecast
things to maintain clear image of company.
Organising: It effectively represent the organisational skills of manager in order to make
effective arrangement of the staff members for smooth running of an organisation. In this
context, Managers of Cranswick develop internal process and structure for their
employees and teams which is best suited for the particular task and keeping it effectively
organised for the daily operations.
Controlling: This function is useful to make sure that all the functions are effectively
work in order to achieve success of company. For this, the managers of Cranswick
effectively monitor the performance of employees, quality of work, efficiency and
reliability of the projects which are completed in an effective manner. Hence, with the
help of controlling, the manager of Cranswick make sure the suitable goals of business
and tends to make proper changes accordingly.
Directing: In this function, the managers tends to effectively provide guidance and
proper direction to their employees in order to perform their job role by making them
comfortable and confident in order to take command for their team members on the basis
of daily task. In context of Cranswick, their managers lead to include effective projecting
to develop strong sense of direction at the time of developing goals and communicate
new process for the products and services.
Leader’s role:
Adair’s action centred leadership model
With the help of this model, eight roles are described regarding the success and growth of
company by undertaking the SMART goals to have clear objectives, this model has three
suitable factors of leading undertaking team, task and individuals in order to achieve success and
growth. Hence, the prominent roles that are being performed by the leader of Cranswick is
discussed as:
Defining the task: Here, the individuals and teams tends to have task which is being
ploughed for having and describing the clear objectives by considering SMART criteria.
Planning: It effectively need for having the suitable search for alternative which is best
for having effective performance to their functions with others undertaking the factors
like, open minded, unique, innovative and so on. In this, possibilities should properly
planned and also tested in an effective manner.
Briefing: In this context, briefing is considered as the primary leadership as it is
important in order to create prominent atmosphere to promote team-working and
motivation among the individuals of company.
Controlling: Here, the leaders must have effective leadership to get enhanced result for
the effective resources. It also tends to accomplish self-control and prominent system
with the help of monitoring skills.
Evaluating: In this, the leaders tends to be quite good to assess prominent consequences
in order to evaluate the overall performance of team for effectively appraising their
individuals and judging them.
Motivating: It undertake the effective principles of motivation that helps in encouraging
others regarding the selection of motivated individuals and also leads to set real targets by
undertaking the progress through providing fair rewards.
Organising: In this, good leaders are capable to organise their team and undertake
suitable process and structure. By undertaking the leading change required effective
purpose to effectively organise the functions of company to achieve proper result.
Setting an example: Here, the leaders of Cranswick need to set effective examples for
their workforce and team in order to enhance their overall performance and functioning.
M1. Analyse and differentiate between the role of a leader and function of a manager by
effectively applying a range of theories and concepts
Differentiation between the manager on the basis of their roles and characteristics
Basis Managers Leaders
Risk avoider/Risk taker Managers are risk avoider who
leads to do their job with old
methods.
Here, leaders are risk takers by
bringing fresh ideas for their
work and bring best outcome
ploughed for having and describing the clear objectives by considering SMART criteria.
Planning: It effectively need for having the suitable search for alternative which is best
for having effective performance to their functions with others undertaking the factors
like, open minded, unique, innovative and so on. In this, possibilities should properly
planned and also tested in an effective manner.
Briefing: In this context, briefing is considered as the primary leadership as it is
important in order to create prominent atmosphere to promote team-working and
motivation among the individuals of company.
Controlling: Here, the leaders must have effective leadership to get enhanced result for
the effective resources. It also tends to accomplish self-control and prominent system
with the help of monitoring skills.
Evaluating: In this, the leaders tends to be quite good to assess prominent consequences
in order to evaluate the overall performance of team for effectively appraising their
individuals and judging them.
Motivating: It undertake the effective principles of motivation that helps in encouraging
others regarding the selection of motivated individuals and also leads to set real targets by
undertaking the progress through providing fair rewards.
Organising: In this, good leaders are capable to organise their team and undertake
suitable process and structure. By undertaking the leading change required effective
purpose to effectively organise the functions of company to achieve proper result.
Setting an example: Here, the leaders of Cranswick need to set effective examples for
their workforce and team in order to enhance their overall performance and functioning.
M1. Analyse and differentiate between the role of a leader and function of a manager by
effectively applying a range of theories and concepts
Differentiation between the manager on the basis of their roles and characteristics
Basis Managers Leaders
Risk avoider/Risk taker Managers are risk avoider who
leads to do their job with old
methods.
Here, leaders are risk takers by
bringing fresh ideas for their
work and bring best outcome
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for them.
Monitoring/Motivation Here, managers tend to
undertake the overall
performance and suitable
monitoring of the
environmental conditions.
In this, leaders lead to
motivate their staff members
to accept and adjust things
according to the changes and
other prominent conditions
(Waleczek and et. al., 2019).
Theories It undertakes the prominent
theory of leadership
considering situational, system
and contingency.
It includes various
management theories like
behavioural, bureaucratic and
many more.
TASK 2
P2. Presents the examples that shows how the role of leader and function of a manager are
applied in different business situational contexts
Leaders and managers need to have separated term from one another undertaking the
responsibility, duty and ability that leads to many-sided from each other. Along with this,
leadership and management plays a crucial role by considering various situations by which both
of them work as per the innovative factor. Therefore, in regard of undertaking the concept of
prominent situation leads to exercise things in prominent way.
Situation 1: New product launch
It represents that organization launch a new product by considering the innovative ideas
and suitable techniques. In this is the overall objective of cranswick is to enhance their product
portfolio by maintaining competitive position in market.
Role of leaders
Leaders tends to have suitable objectives regarding the members of the team to achieve
objectives considering the launch of its product. In this the leading role of a leader is to keep
their employees inform considering the upcoming alteration and also responsible to keep their
staff members encouraged towards the adoption of changes (Hashemi-Petroodi and et. al., 2020).
Monitoring/Motivation Here, managers tend to
undertake the overall
performance and suitable
monitoring of the
environmental conditions.
In this, leaders lead to
motivate their staff members
to accept and adjust things
according to the changes and
other prominent conditions
(Waleczek and et. al., 2019).
Theories It undertakes the prominent
theory of leadership
considering situational, system
and contingency.
It includes various
management theories like
behavioural, bureaucratic and
many more.
TASK 2
P2. Presents the examples that shows how the role of leader and function of a manager are
applied in different business situational contexts
Leaders and managers need to have separated term from one another undertaking the
responsibility, duty and ability that leads to many-sided from each other. Along with this,
leadership and management plays a crucial role by considering various situations by which both
of them work as per the innovative factor. Therefore, in regard of undertaking the concept of
prominent situation leads to exercise things in prominent way.
Situation 1: New product launch
It represents that organization launch a new product by considering the innovative ideas
and suitable techniques. In this is the overall objective of cranswick is to enhance their product
portfolio by maintaining competitive position in market.
Role of leaders
Leaders tends to have suitable objectives regarding the members of the team to achieve
objectives considering the launch of its product. In this the leading role of a leader is to keep
their employees inform considering the upcoming alteration and also responsible to keep their
staff members encouraged towards the adoption of changes (Hashemi-Petroodi and et. al., 2020).
Moreover, leaders ensure that the develop suitable ways for their workforce in terms of
motivating and engaging employees in collective way.
Functions of managers
Managers are playing an important role at the time of introduction new product in the
market as the manager of cranswick develop suitable plan regarding the launch of product and
making arrangements as per the required resources. Along with this they also have the effective
plans to direct Their employees in terms of performing their responsibilities in order to launch
new product by considering budget as well (Tönnissen and Teuteberg, 2020). Lastly the suitable
performance is also measured in order to launch new products by accomplishing prominent
objectives.
Situation 2: Conflict handling
Conflicts are the basic component for the daily operations and functional of an
organisation like cranswick. In regard of this very situations arises which are required to have
proper vision and Management to dissolve them properly.
Role of leaders
Leader plays an important role regarding the conflict situation and also have suitable
bargaining among the parties who are indulged in conflict by considering the top level
management of cranswick and other team members. In this leaders are accountable to connect
with other parties and also accountable to bring peace by resolving issues of an organisation.
Functions of managers
Here the functions of manager are to eliminate or reduce conflict why bargaining towards
the productivity and performance of an organisation. In this deletes to monitor and effectively
control situation and the managers of cranswick undertake deep examination of the situation by
finding reason behind the issue. In this the issue with managers is regarding the suitable
measurement for properly controlling to eliminate the impact of conflict in the functioning and
running of an organisation for the longer period of time (Albergaria and Jabbour, 2020).
P3. Use different concept and models of conceptualisation in the operation management. And
also include situational leadership, systems leadership and contingency theory of
leadership
The techniques of Operation Management lead to consider various tools models and
conceptualisation by applying it on the company to gain suitable benefits. For this the
motivating and engaging employees in collective way.
Functions of managers
Managers are playing an important role at the time of introduction new product in the
market as the manager of cranswick develop suitable plan regarding the launch of product and
making arrangements as per the required resources. Along with this they also have the effective
plans to direct Their employees in terms of performing their responsibilities in order to launch
new product by considering budget as well (Tönnissen and Teuteberg, 2020). Lastly the suitable
performance is also measured in order to launch new products by accomplishing prominent
objectives.
Situation 2: Conflict handling
Conflicts are the basic component for the daily operations and functional of an
organisation like cranswick. In regard of this very situations arises which are required to have
proper vision and Management to dissolve them properly.
Role of leaders
Leader plays an important role regarding the conflict situation and also have suitable
bargaining among the parties who are indulged in conflict by considering the top level
management of cranswick and other team members. In this leaders are accountable to connect
with other parties and also accountable to bring peace by resolving issues of an organisation.
Functions of managers
Here the functions of manager are to eliminate or reduce conflict why bargaining towards
the productivity and performance of an organisation. In this deletes to monitor and effectively
control situation and the managers of cranswick undertake deep examination of the situation by
finding reason behind the issue. In this the issue with managers is regarding the suitable
measurement for properly controlling to eliminate the impact of conflict in the functioning and
running of an organisation for the longer period of time (Albergaria and Jabbour, 2020).
P3. Use different concept and models of conceptualisation in the operation management. And
also include situational leadership, systems leadership and contingency theory of
leadership
The techniques of Operation Management lead to consider various tools models and
conceptualisation by applying it on the company to gain suitable benefits. For this the
considering theories like Situational management system and contingency theory are discussed
below
Situational Leadership: According to this concept it initiates the various dynamics which
is suggested by the leaders to develop suitable leadership style by analysing the overall situation
in order to have deep analysis and understanding. In regard of this Hershey’s Blanchard theory is
considered that has four suitable elements which are useful by the leaders to develop their
methods and approaches for the particular situation (Plaskova, Prodanova and Reshetov, 2020).
All of these elements represent the prominent track in which leaders of cranswick use suitable
implementation of situational leadership Theory. Direction: In this the leaders of company tends to direct towards the staff associates in
order to have suitable advertising team and considering new ones at the same time in
order to take entry within their team by having effective promotional plans for the new
product of cranswick. Moreover, leaders also tell suitable Expectations from their
employees regarding the job and performance of specific task. Coaching: In this leaders needs to engage staff members in order to sell their ideas by
bringing unique things and performing it in an effective manner. Delegating: In this leaders know about their members and also develop prominent set of
skills on the grounds of delegated task and authority.
Participative: It represent that work force and others subordinates leads to engage in the
decision making of company by having suitable achievement of innovative products and
proper motivation level (Nair and Reed‐Tsochas, 2019).
System leadership theory: This theory is obtained by the leaders in terms of bringing
effective changes in the environment by making things more flexible considering the potentials
of workforce. It is helpful in suitable ways by undertaking the large level of production and
operations for the huge product portfolio. It also represents the prominent set of services and
competences of the leaders by representing the power of leadership seeing the internal Orders
and expanded area (Chen and et. al., 2020). Moreover, the leaders of cranswick tends to
implement this style of leadership by having prominent operations in terms of serving to the
market. Cranswick needs to have suitable operations in terms of performing toward their market
by having proper development and bring effective opportunities for them regarding the
below
Situational Leadership: According to this concept it initiates the various dynamics which
is suggested by the leaders to develop suitable leadership style by analysing the overall situation
in order to have deep analysis and understanding. In regard of this Hershey’s Blanchard theory is
considered that has four suitable elements which are useful by the leaders to develop their
methods and approaches for the particular situation (Plaskova, Prodanova and Reshetov, 2020).
All of these elements represent the prominent track in which leaders of cranswick use suitable
implementation of situational leadership Theory. Direction: In this the leaders of company tends to direct towards the staff associates in
order to have suitable advertising team and considering new ones at the same time in
order to take entry within their team by having effective promotional plans for the new
product of cranswick. Moreover, leaders also tell suitable Expectations from their
employees regarding the job and performance of specific task. Coaching: In this leaders needs to engage staff members in order to sell their ideas by
bringing unique things and performing it in an effective manner. Delegating: In this leaders know about their members and also develop prominent set of
skills on the grounds of delegated task and authority.
Participative: It represent that work force and others subordinates leads to engage in the
decision making of company by having suitable achievement of innovative products and
proper motivation level (Nair and Reed‐Tsochas, 2019).
System leadership theory: This theory is obtained by the leaders in terms of bringing
effective changes in the environment by making things more flexible considering the potentials
of workforce. It is helpful in suitable ways by undertaking the large level of production and
operations for the huge product portfolio. It also represents the prominent set of services and
competences of the leaders by representing the power of leadership seeing the internal Orders
and expanded area (Chen and et. al., 2020). Moreover, the leaders of cranswick tends to
implement this style of leadership by having prominent operations in terms of serving to the
market. Cranswick needs to have suitable operations in terms of performing toward their market
by having proper development and bring effective opportunities for them regarding the
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expansion and enhancement of standards for the growth and success of company. It is beneficial
to enable and induce the brand equity in order to get prominent result.
Contingency theory: As per the theory around is no best method to direct team towards
the development as it is accommodating in terms of sympathetic the appropriate idea of
management approaches. It represents that there is no issue for the particular path by which the
leaders lead towards the overall growth and considered the effective working situation (Chapman
and Ellinger, 2019). In this the leaders of cranswick need to implement effective leadership style
by undertaking various factors and situations by identifying the prominent conditions and expert
skills. Along with this leader dense to undertake suitable leadership in an effective manner by
developing prominent relationship with the leadership style and situation.
M2. Examine strengths and weaknesses to appraise different approaches to situations within the
work
Situational leadership
Strengths Weaknesses
Situational leadership is more comfortable for
the leaders who prominently know how to use
it. Moreover, leaders are capable to use any
leadership style as they believe in given
situation.
This leadership tends to cause confusion in
company as they lead to change their approach
in order to address the needs of individuals.
Furthermore, this leadership style tends to
focus on short-term goals by overseeing the
long term goals.
Contingency leadership
Strengths Weaknesses
It is dynamic in nature for prominent changes
which are being made for the suitable situation
in order to make effective changes by
undertaking prominent policies according to
the overall situation. It is helpful for the
managers to enhance their decision making and
leadership skills.
It is being considered as the complex approach
as it represents suitable approaches which are
simple and also comes with the practical
implementation. It is being considered as the
reactive approach as it leads to handle
prominent situation which become hard for the
manager.
to enable and induce the brand equity in order to get prominent result.
Contingency theory: As per the theory around is no best method to direct team towards
the development as it is accommodating in terms of sympathetic the appropriate idea of
management approaches. It represents that there is no issue for the particular path by which the
leaders lead towards the overall growth and considered the effective working situation (Chapman
and Ellinger, 2019). In this the leaders of cranswick need to implement effective leadership style
by undertaking various factors and situations by identifying the prominent conditions and expert
skills. Along with this leader dense to undertake suitable leadership in an effective manner by
developing prominent relationship with the leadership style and situation.
M2. Examine strengths and weaknesses to appraise different approaches to situations within the
work
Situational leadership
Strengths Weaknesses
Situational leadership is more comfortable for
the leaders who prominently know how to use
it. Moreover, leaders are capable to use any
leadership style as they believe in given
situation.
This leadership tends to cause confusion in
company as they lead to change their approach
in order to address the needs of individuals.
Furthermore, this leadership style tends to
focus on short-term goals by overseeing the
long term goals.
Contingency leadership
Strengths Weaknesses
It is dynamic in nature for prominent changes
which are being made for the suitable situation
in order to make effective changes by
undertaking prominent policies according to
the overall situation. It is helpful for the
managers to enhance their decision making and
leadership skills.
It is being considered as the complex approach
as it represents suitable approaches which are
simple and also comes with the practical
implementation. It is being considered as the
reactive approach as it leads to handle
prominent situation which become hard for the
manager.
System leadership
Strengths Weaknesses
This approach leads to enhance the adaptability
of environmental changes in order to make
suitable adaption of needs for the overall
environment to make their decisions in both
macro and micro environment.
This approach tends to delay in the decision
making process and does not get practical
decisions. They also lead to make effective
classification for inter-relationship that can be
done in effective way.
D1. Critically Analyse and Evaluate the different theories and approaches to leadership
Hence, through above discussion it is being analysed that company tends to undertake
prominent approaches and theories which are helpful for them regarding the effective running
and functioning of company. For this, the suitable functions and roles are effectively described of
the manager and leader for having the suitable performance of company. In regard of this, they
lead to undertake various situations in order to work in suitable manner. In this context, suitable
models and theories are considered for having effective roles and functioning for both the
managers and leaders.
TASK 3
P4. Describe key approaches of operations management considering the role and function of
leaders and managers
It represents the suitable business conditions by which company has been gone through
regarding the several critical situations that are beings based on the suitable operations by
undertaking various approaches that leads to manage several activities. It depic the
implementation of both positive and negative way of Cranswick in order to represent the
capabilities of business to achieve things for effective changes by focusing the below ones: Total quality management: It represent the dominant process in terms of eliminating and
analysing the errors within the supply chain competence of employee’s production and
knowledge of customers. Along with this it leads to focus on the development of suitable
quality by delivering goods and facilities that leads to satisfy the requirements of
customers and lead them concerning the development of company (Wu and Olson, 2020).
Furthermore, in terms of cranswick their marriages offer prominent guidance considering
Strengths Weaknesses
This approach leads to enhance the adaptability
of environmental changes in order to make
suitable adaption of needs for the overall
environment to make their decisions in both
macro and micro environment.
This approach tends to delay in the decision
making process and does not get practical
decisions. They also lead to make effective
classification for inter-relationship that can be
done in effective way.
D1. Critically Analyse and Evaluate the different theories and approaches to leadership
Hence, through above discussion it is being analysed that company tends to undertake
prominent approaches and theories which are helpful for them regarding the effective running
and functioning of company. For this, the suitable functions and roles are effectively described of
the manager and leader for having the suitable performance of company. In regard of this, they
lead to undertake various situations in order to work in suitable manner. In this context, suitable
models and theories are considered for having effective roles and functioning for both the
managers and leaders.
TASK 3
P4. Describe key approaches of operations management considering the role and function of
leaders and managers
It represents the suitable business conditions by which company has been gone through
regarding the several critical situations that are beings based on the suitable operations by
undertaking various approaches that leads to manage several activities. It depic the
implementation of both positive and negative way of Cranswick in order to represent the
capabilities of business to achieve things for effective changes by focusing the below ones: Total quality management: It represent the dominant process in terms of eliminating and
analysing the errors within the supply chain competence of employee’s production and
knowledge of customers. Along with this it leads to focus on the development of suitable
quality by delivering goods and facilities that leads to satisfy the requirements of
customers and lead them concerning the development of company (Wu and Olson, 2020).
Furthermore, in terms of cranswick their marriages offer prominent guidance considering
the actions in which the staff members undertake the declining level of errors. For this the
part of leader is to focus on the development of quality and services to offer a prominent
thing to their patrons. Just in time: It depict that method which is helpful in order to keep pathway for the raw
resources from the supplier’s. In this the administration plan decline by undertaking the
consumption and improving the competence of an organisation. It leads to examine that
the suitable strategies in order to undertake the projecting excellence of manufacturing
(Pekkanen and et. al., 2020). In regard of cranswick their managers play an essential part
in order to uphold overall development regarding the performance and productivity
standards of employees by contribution bulk orders.
Kaizen: It assume the working organisation approaches by focusing on the overall
expansion for the processes of an organisation. It represents the prominent part for the
lean principle by declining the delay in decisions. In relation with cranswick the leaders
put emphasis on analysing the suitable reasons and communicate with their managers in
an actual way. For this the role of manager is to develop strategies regarding the
operations and development by considering the importance of directors to allocate roles
of workforce as per the strategy in order to develop as it is helpful to improve the overall
presentation and efficiency of company in prominent way (Kovacs and Moshtari, 2019).
P5. Describe the significance and value of operations management towards the business goals
Operational organisation is the important factor for business undertaking the various task
which are achieved in order to make their purposes and processes prominent for the company in
order to lead for the effective output and operational worth of an organisation (Yang and et. al.,
2020). This process is considered the prominent level of functions by undertaking that the
managers and their roles in order to keep staff members encouraged to watch their performance.
In regard of this the operations management considered the effective engagement of leaders and
managers to have the important practice for which two of the working units of cranswick are
discussed below Supply chain: It is the important issues for the procedures of cranswick it is concerned
with the arrangement of raw resources and offering goods to their possible patrons. It
represents the need of purposes that leads to manage and operate things prominently. It
part of leader is to focus on the development of quality and services to offer a prominent
thing to their patrons. Just in time: It depict that method which is helpful in order to keep pathway for the raw
resources from the supplier’s. In this the administration plan decline by undertaking the
consumption and improving the competence of an organisation. It leads to examine that
the suitable strategies in order to undertake the projecting excellence of manufacturing
(Pekkanen and et. al., 2020). In regard of cranswick their managers play an essential part
in order to uphold overall development regarding the performance and productivity
standards of employees by contribution bulk orders.
Kaizen: It assume the working organisation approaches by focusing on the overall
expansion for the processes of an organisation. It represents the prominent part for the
lean principle by declining the delay in decisions. In relation with cranswick the leaders
put emphasis on analysing the suitable reasons and communicate with their managers in
an actual way. For this the role of manager is to develop strategies regarding the
operations and development by considering the importance of directors to allocate roles
of workforce as per the strategy in order to develop as it is helpful to improve the overall
presentation and efficiency of company in prominent way (Kovacs and Moshtari, 2019).
P5. Describe the significance and value of operations management towards the business goals
Operational organisation is the important factor for business undertaking the various task
which are achieved in order to make their purposes and processes prominent for the company in
order to lead for the effective output and operational worth of an organisation (Yang and et. al.,
2020). This process is considered the prominent level of functions by undertaking that the
managers and their roles in order to keep staff members encouraged to watch their performance.
In regard of this the operations management considered the effective engagement of leaders and
managers to have the important practice for which two of the working units of cranswick are
discussed below Supply chain: It is the important issues for the procedures of cranswick it is concerned
with the arrangement of raw resources and offering goods to their possible patrons. It
represents the need of purposes that leads to manage and operate things prominently. It
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also undertakes the overall working Administration which is essential in terms of making
supply chain effective. Sales function: It represent in the suitable unit for the retail sector by considering the
prominent functioning of an organisation. In relation with cranswick they should have
work on the suitable sales and conspicuous group of incomes by the corporation.
Significance of operation management: Quality of product: It undertake the prominent of ranks of cranswick by considering the
things in best manner and also leads to maintain trust of customers considering the
operational activities and brand of an organisation. In regard of this total quality
management approach is productive and suitable that helps in making things qualitative
for the product at the lower cost and consider the effective profitability to the respective
company (Holmström and et. al., 2019). This method of actions administration tends to
enable organisation towards the accomplishment of prominent deals and success.
Customer satisfaction: It is essential in order to fulfil the prominent practices and
techniques party customer satisfaction as for this week lead to offer effective things by
considering just in time that leads to of a product within the given period of time and
achieve suitable standards of customers by undertaking the prominent demand which is
being fulfilled at the stipulated period of time.
Process design: This factor leads to focus on prominently defining the that what an
organisation need to achieve for their financial and other goals. This factor act as the
effective transformation of the vision, goals, and available resources of company which
are measurable to achieve the vision of company. In terms of Cranswick, at the time of
managing their operations effectively they need to considering suitable design of the
overall process by focusing over the objectives of company.
Capacity management: It represent the act of making sure that company tends to
enhance its potential activities and output of production under all the conditions. As it is
important at the time of managing operations by which Cranswick tends to achieve,
produce and sell their products within the given period of time.
How operation management add value to living standard
Global competition: Global competition permit organisation to purchase and sell their
services at the international level as it leads to open door to enhance the profitability for
supply chain effective. Sales function: It represent in the suitable unit for the retail sector by considering the
prominent functioning of an organisation. In relation with cranswick they should have
work on the suitable sales and conspicuous group of incomes by the corporation.
Significance of operation management: Quality of product: It undertake the prominent of ranks of cranswick by considering the
things in best manner and also leads to maintain trust of customers considering the
operational activities and brand of an organisation. In regard of this total quality
management approach is productive and suitable that helps in making things qualitative
for the product at the lower cost and consider the effective profitability to the respective
company (Holmström and et. al., 2019). This method of actions administration tends to
enable organisation towards the accomplishment of prominent deals and success.
Customer satisfaction: It is essential in order to fulfil the prominent practices and
techniques party customer satisfaction as for this week lead to offer effective things by
considering just in time that leads to of a product within the given period of time and
achieve suitable standards of customers by undertaking the prominent demand which is
being fulfilled at the stipulated period of time.
Process design: This factor leads to focus on prominently defining the that what an
organisation need to achieve for their financial and other goals. This factor act as the
effective transformation of the vision, goals, and available resources of company which
are measurable to achieve the vision of company. In terms of Cranswick, at the time of
managing their operations effectively they need to considering suitable design of the
overall process by focusing over the objectives of company.
Capacity management: It represent the act of making sure that company tends to
enhance its potential activities and output of production under all the conditions. As it is
important at the time of managing operations by which Cranswick tends to achieve,
produce and sell their products within the given period of time.
How operation management add value to living standard
Global competition: Global competition permit organisation to purchase and sell their
services at the international level as it leads to open door to enhance the profitability for
company. In regard of this, globalisation tends to enable international accessibility to the
suitable sources of cheap raw materials that tends to enable company to be cost
competitive in their own market. By this, it leads to add value to the operations
management of Cranwick because of the enhanced revenues that leads to generate
enhanced profitability for shareholders.
Competitive advantage: Competitive advantage is an attribute that leads to enable an
organisation to outperform among its competitors. It tends to permit company to achieve
effective margins which are being compared to its competition and generate suitable
value for Cranswick and its shareholders. For this, Cranwick achieve competitive
advantage through various marketing techniques which are useful to gain benefits and
market area for an organisation.
Better quality goods: Qualitative goods are beneficial in order to enhance the image of
company and gain competitive advantage for their better growth. In context of
Cranswick, they tend to offer qualitative products in order to attract large number of
customers which is beneficial for respective company to add value to their operational
management.
M3. Evaluate how leaders and managers can improve efficiencies of operational management to
successfully meet business objectives
From the above discussion, it is being identified that there are several approaches and tools
that are useful for company to improve their overall effectiveness and efficiency of the
operational management in order to meet their objectives and targets for business. In this context,
several methodologies are being identified to reduce waste, make sure quality of products and
also deliver within the suitable period of time. In this context, the operations management plays
an essential role to ensure the suitable quality of commodities by offering customer satisfaction.
TASK 4
P6. Discuss the suitable elements of business environment that impact the decision making of
managers and leaders
An organisation worked in a prominent way only when they have effective contribution
regarding the various components and operate in the market area by considering the several
number of factors that occur in the business environment (Abideen, Mohamad and Fernando,
suitable sources of cheap raw materials that tends to enable company to be cost
competitive in their own market. By this, it leads to add value to the operations
management of Cranwick because of the enhanced revenues that leads to generate
enhanced profitability for shareholders.
Competitive advantage: Competitive advantage is an attribute that leads to enable an
organisation to outperform among its competitors. It tends to permit company to achieve
effective margins which are being compared to its competition and generate suitable
value for Cranswick and its shareholders. For this, Cranwick achieve competitive
advantage through various marketing techniques which are useful to gain benefits and
market area for an organisation.
Better quality goods: Qualitative goods are beneficial in order to enhance the image of
company and gain competitive advantage for their better growth. In context of
Cranswick, they tend to offer qualitative products in order to attract large number of
customers which is beneficial for respective company to add value to their operational
management.
M3. Evaluate how leaders and managers can improve efficiencies of operational management to
successfully meet business objectives
From the above discussion, it is being identified that there are several approaches and tools
that are useful for company to improve their overall effectiveness and efficiency of the
operational management in order to meet their objectives and targets for business. In this context,
several methodologies are being identified to reduce waste, make sure quality of products and
also deliver within the suitable period of time. In this context, the operations management plays
an essential role to ensure the suitable quality of commodities by offering customer satisfaction.
TASK 4
P6. Discuss the suitable elements of business environment that impact the decision making of
managers and leaders
An organisation worked in a prominent way only when they have effective contribution
regarding the various components and operate in the market area by considering the several
number of factors that occur in the business environment (Abideen, Mohamad and Fernando,
2020). It also leads to consider the prominent decision-making for both the managers and leaders
and also have the managerial position by considering the responsibilities regarding the task
which is related with the growth of company. This factor leads to put major impact on the
decision-making of both leaders and managers of cranswick which are discussed below Corporate social responsibility: This component tends to get suitable identification in
market as it is the primary duty of an organisation towards the overall environment and
society in terms of having prominent operations (Tönnissen and Teuteberg, 2020). In
relation with Cranswick, they tend to have suitable obligations towards the overall
environment and society as well. Here, both leaders and managers leads to make suitable
decisions regarding the effective functioning of an organisation by which company can
fulfil their CSR respectively. Culture: It depict the suitable culture of an organisation by undertaking the prominent
values, behaviour and ethics regarding the effective communication by undertaking the
organisational believes and objectives in terms of having suitable operations (Waleczek
and et. al., 2019). In regard of this, both the managers and leaders of Cranswick leads to
make effective decisions considering the culture of company. For example, in Cranswick
they consider effective communication undertaking the hierarchical flow as by this, the
leaders and managers make suitable decisions according the overall performance of staff
members.
Sustainability: It is concerned with the suitable maintenance of resources at the
prominent level for the significant period of time. In relation with Cranswick, their
leaders and managers, leads to impose suitable decisions in regard of making prominent
operations for sustainable working for the longer period of time (Hashemi-Petroodi and
et. al., 2020). Along with this, it also leads to maintain effective elimination cost and
make proper use of resources with suitable maintenance of cost for the longer period of
time considering the effective operations.
M4. Analyse how these different factors affect the business environment and wider community
It is being identified that business environment consider several elements to provide
prominent products and services within the changing business environment. In this context, it is
being analysed that there are various external factors that should be considered for having
effective decisions regarding the growth and success of company. In this context, there are
and also have the managerial position by considering the responsibilities regarding the task
which is related with the growth of company. This factor leads to put major impact on the
decision-making of both leaders and managers of cranswick which are discussed below Corporate social responsibility: This component tends to get suitable identification in
market as it is the primary duty of an organisation towards the overall environment and
society in terms of having prominent operations (Tönnissen and Teuteberg, 2020). In
relation with Cranswick, they tend to have suitable obligations towards the overall
environment and society as well. Here, both leaders and managers leads to make suitable
decisions regarding the effective functioning of an organisation by which company can
fulfil their CSR respectively. Culture: It depict the suitable culture of an organisation by undertaking the prominent
values, behaviour and ethics regarding the effective communication by undertaking the
organisational believes and objectives in terms of having suitable operations (Waleczek
and et. al., 2019). In regard of this, both the managers and leaders of Cranswick leads to
make effective decisions considering the culture of company. For example, in Cranswick
they consider effective communication undertaking the hierarchical flow as by this, the
leaders and managers make suitable decisions according the overall performance of staff
members.
Sustainability: It is concerned with the suitable maintenance of resources at the
prominent level for the significant period of time. In relation with Cranswick, their
leaders and managers, leads to impose suitable decisions in regard of making prominent
operations for sustainable working for the longer period of time (Hashemi-Petroodi and
et. al., 2020). Along with this, it also leads to maintain effective elimination cost and
make proper use of resources with suitable maintenance of cost for the longer period of
time considering the effective operations.
M4. Analyse how these different factors affect the business environment and wider community
It is being identified that business environment consider several elements to provide
prominent products and services within the changing business environment. In this context, it is
being analysed that there are various external factors that should be considered for having
effective decisions regarding the growth and success of company. In this context, there are
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various frameworks that are being taken into consideration to analyse both external and internal
factors including culture, sustainability, CSR and so on in regard of surviving within market for
the longer period of time.
D2. Critically Evaluate application of operations management and factors that impact on the
wider business environment
From the above examination, it is being evaluated that it is important for company to
effectively consider various factors of business environment in context of effective functioning
of an organisation. In this context, suitable analysis of external factors is also important to
identify the concerning risk factor which is useful to make their position in business environment
for the longer period of time.
CONCLUSION
Hence, it is analysed that the operations management is an effective practice which is
helpful for company in order to bring effective outcome from the suitable operations and process
in order to have prominent measures. It represents the prominent analysis of the important
operations management approaches and practices which are helpful to every staff member and
other responsible parties. It leads to enable company to bring best and competent to gain
prominent competition and innovative market position. Along with this, operations management
is the concept of an organisation which consider the effective vision and proficiency in
operations as it important to take suitable actions regarding the development of functions.
factors including culture, sustainability, CSR and so on in regard of surviving within market for
the longer period of time.
D2. Critically Evaluate application of operations management and factors that impact on the
wider business environment
From the above examination, it is being evaluated that it is important for company to
effectively consider various factors of business environment in context of effective functioning
of an organisation. In this context, suitable analysis of external factors is also important to
identify the concerning risk factor which is useful to make their position in business environment
for the longer period of time.
CONCLUSION
Hence, it is analysed that the operations management is an effective practice which is
helpful for company in order to bring effective outcome from the suitable operations and process
in order to have prominent measures. It represents the prominent analysis of the important
operations management approaches and practices which are helpful to every staff member and
other responsible parties. It leads to enable company to bring best and competent to gain
prominent competition and innovative market position. Along with this, operations management
is the concept of an organisation which consider the effective vision and proficiency in
operations as it important to take suitable actions regarding the development of functions.
REFERENCES
Books and Journals
Abideen, A.Z., Mohamad, F.B. and Fernando, Y., 2020. Lean simulations in production and
operations management–a systematic literature review and bibliometric
analysis. Journal of Modelling in Management.
Albergaria, M. and Jabbour, C.J.C., 2020. The role of big data analytics capabilities (BDAC) in
understanding the challenges of service information and operations management in the
sharing economy: Evidence of peer effects in libraries. International Journal of
Information Management, 51, p.102023.
Chapman, K. and Ellinger, A.E., 2019. An evaluation of Web of Science, Scopus and Google
Scholar citations in operations management. The International Journal of Logistics
Management.
Chen, J.M and et. al., 2020. Decision-making in cruise operations management: A double-hurdle
approach. Research in Transportation Business & Management, 37, p.100524.
Filimonau, V. and Delysia, A., 2019. Food waste management in hospitality operations: A
critical review. Tourism management, 71, pp.234-245.
Hashemi-Petroodi, S.E and et. al., 2020. Operations management issues in design and control of
hybrid human-robot collaborative manufacturing systems: a survey. Annual Reviews in
Control.
Holmström, J and et. al., 2019. The digitalization of operations and supply chain management:
Theoretical and methodological implications.
Kovacs, G. and Moshtari, M., 2019. A roadmap for higher research quality in humanitarian
operations: A methodological perspective. European Journal of Operational
Research, 276(2), pp.395-408.
Nair, A. and Reed‐Tsochas, F., 2019. Revisiting the complex adaptive systems paradigm:
Leading perspectives for researching operations and supply chain management issues.
Pekkanen, P and et. al., 2020. Building integration skills in supply chain and operations
management study programs. International Journal of Production Economics, 225,
p.107593.
Plaskova, N.S., Prodanova, N.A. and Reshetov, K.Y., 2020. Dealing Operations as a Means of
Improving the Efficiency of the Financial Management of a Production Company.
In Complex Systems: Innovation and Sustainability in the Digital Age (pp. 61-70).
Springer, Cham.
Tönnissen, S. and Teuteberg, F., 2020. Analysing the impact of blockchain-technology for
operations and supply chain management: An explanatory model drawn from multiple
case studies. International Journal of Information Management, 52, p.101953.
Waleczek, P and et. al., 2019. On the dynamic bundles behind operations management and
research and development. European Management Journal, 37(2), pp.175-187.
Wu, D.D. and Olson, D.L., 2020. Pandemic Risk Management in Operations and Finance.
Springer International Publishing.
Yang, L and et. al., 2020. Operations management of wind farms integrating multiple impacts of
wind conditions and resource constraints. Energy Conversion and Management, 205,
p.112162.
Books and Journals
Abideen, A.Z., Mohamad, F.B. and Fernando, Y., 2020. Lean simulations in production and
operations management–a systematic literature review and bibliometric
analysis. Journal of Modelling in Management.
Albergaria, M. and Jabbour, C.J.C., 2020. The role of big data analytics capabilities (BDAC) in
understanding the challenges of service information and operations management in the
sharing economy: Evidence of peer effects in libraries. International Journal of
Information Management, 51, p.102023.
Chapman, K. and Ellinger, A.E., 2019. An evaluation of Web of Science, Scopus and Google
Scholar citations in operations management. The International Journal of Logistics
Management.
Chen, J.M and et. al., 2020. Decision-making in cruise operations management: A double-hurdle
approach. Research in Transportation Business & Management, 37, p.100524.
Filimonau, V. and Delysia, A., 2019. Food waste management in hospitality operations: A
critical review. Tourism management, 71, pp.234-245.
Hashemi-Petroodi, S.E and et. al., 2020. Operations management issues in design and control of
hybrid human-robot collaborative manufacturing systems: a survey. Annual Reviews in
Control.
Holmström, J and et. al., 2019. The digitalization of operations and supply chain management:
Theoretical and methodological implications.
Kovacs, G. and Moshtari, M., 2019. A roadmap for higher research quality in humanitarian
operations: A methodological perspective. European Journal of Operational
Research, 276(2), pp.395-408.
Nair, A. and Reed‐Tsochas, F., 2019. Revisiting the complex adaptive systems paradigm:
Leading perspectives for researching operations and supply chain management issues.
Pekkanen, P and et. al., 2020. Building integration skills in supply chain and operations
management study programs. International Journal of Production Economics, 225,
p.107593.
Plaskova, N.S., Prodanova, N.A. and Reshetov, K.Y., 2020. Dealing Operations as a Means of
Improving the Efficiency of the Financial Management of a Production Company.
In Complex Systems: Innovation and Sustainability in the Digital Age (pp. 61-70).
Springer, Cham.
Tönnissen, S. and Teuteberg, F., 2020. Analysing the impact of blockchain-technology for
operations and supply chain management: An explanatory model drawn from multiple
case studies. International Journal of Information Management, 52, p.101953.
Waleczek, P and et. al., 2019. On the dynamic bundles behind operations management and
research and development. European Management Journal, 37(2), pp.175-187.
Wu, D.D. and Olson, D.L., 2020. Pandemic Risk Management in Operations and Finance.
Springer International Publishing.
Yang, L and et. al., 2020. Operations management of wind farms integrating multiple impacts of
wind conditions and resource constraints. Energy Conversion and Management, 205,
p.112162.
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