(Doc) Leadership and Management in a Global Context
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Added on 2020-12-18
(Doc) Leadership and Management in a Global Context
Added on 2020-12-18
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Business Report onApproaches to Leadershipand Management in aGlobal Context
Table of ContentsINTRODUCTION...........................................................................................................................31. FUNCTIONAL AREAS AND HIERARCHY OF MANAGEMENT........................................3REFERENCES................................................................................................................................52. COMMUNICATION CENTRAL TO LEADERSHIP AND MANAGEMENT........................6REFERENCES................................................................................................................................73. DRIVERS OF GLOBALISATION AND THEIR IMPACT ON BUSINESS ...........................8REFERENCES................................................................................................................................84. Comparison of Styles of Leadership or Management..................................................................9REFERENCES .............................................................................................................................10CONCLUSION..............................................................................................................................11
INTRODUCTIONLeadership and Management is most important part of any business that helps tomaximise the efficiency as well as to achieve organisational goals. None of the businesses atglobal or local can achieve its desire goals and objectives without leadership and management. Inthis present business report, functional areas of Allum and Sidaway Holdings Limited and itshierarchy management. Further, the importance of communication in leadership andmanagement. Moreover, the current drivers of globalisation will be deeply discussed in thisreport. Styles of leadership and management will also include in this report. 1. FUNCTIONAL AREAS AND HIERARCHY OF MANAGEMENTOverview of Allum and SidawayIt is a retail company which is located in England, United Kingdom. Allum and Sidawayis a multi-award winning independent jeweller have five unique stores of jewellery. Another keyproduct of Allum and Sidaway is watches. The revenue of company is £6 Million to £10 Million.Functional areas of Allum and Sidaway There are five key functional areas in Allum and Sidaway which are very important forsmooth functioning of organisation. It is also called as operational management of organisation.Here are the five main functional areas of Allum and Sidaway which are as follows-Human Resource Department- Human resource department is responsible forrecruitment of the eligible employees in Allum and Sidaway. They make policies and rules forthe organisation which followed by the all employees inside the organisation. They coordinatemany functions of the organisation.Production Department- Production department is responsible planning, directimng,organising, coordinating and controlling of the production functions of Allum and Sidawaycompany in such a manner that desired products could be manufactured in right time, in rightquantity and right cost (Functional Areas of Management, 2017). Financial Department- This is also the functional area of management and it isresponsible for cash flow in the Allum and Sidaway. Work of finance department consist withaccounting, cash management, investment, stock, debts, taxes etc. Marketing Department- The Marketing Department plays an important role inpromoting the business and mission of Allum and Sidaway. Marketing department is responsible
for promote the business and advertisement of the products which made by the organisation.They represent the image of the organisation in market.Sales Department-Sales department is responsible for making sales of the Allum andSidaway. They are responsible for create and maintain relationship with the customers. Withresponse to making relationship with the existing customers or new customers they grow thebusiness in effective way (BODDY D, 2016).Hierarchy of ManagementThe way in which the structure of company uses different level of authority as well asvertical link, or chain of command between subordinate and higher level of the company iscalled as hierarchy. In Allum and Sidaway, lower levels are controlled by higher level of thecompany.TOP MANAGERS- Top line managers such as board of directors, chairmen, president, vicepresident, managing director, CEO, general manager etc. They all are considers as a group ofmanagement which are responsible for overall main management in the organisation. They makethe small group of managers which manage overall organisation. Overall welfare of theorganisation done by them. They establish overall organisational goals and scheme for theirachievements.For example the big decisions inAllum and Sidaway are taken by the top level managers.Chairmen of the company decide the all big things such as formulation of strategic decision,policies etc. which relates to the external environment of the company. FunctionsExamine the goals of organisationMake policies to attain the goals.Furnish direction to the organisation. MIDDLE MANAGERS- Middle managers considers the head of department, head of task orproject, and head of different types of departments. They are responsible for the specific group.They make plans and strategies for run the small group and motivate them to work in effectiveway. For example in Allum and Sidaway n middle managers work for making the policies for thelower level managers and they are responsible for the internal environment of the organisation. Functions
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