logo

Leadership Management

   

Added on  2023-01-10

12 Pages3709 Words41 Views
 | 
 | 
 | 
Leadership Management
Leadership Management_1

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Explain the importance of Manuel defining the objectives, scope and success criteria..............1
The importance of Manuel analysing the potential impact of decision making..........................1
The importance of obtaining sufficient valid information to enable effective decision making.2
The importance of Manuel aligning decisions with restaurant’s objectives, values and policies
.....................................................................................................................................................2
Explain how Manuel can validate information used in the decision making..............................2
Explain how Manuel can address issues that hamper the achievement of targets and quality
standards......................................................................................................................................3
Leadership style and its sustainability & impact.........................................................................3
Analyse theories and models of motivation and their application in the workplace...................3
How is Tom’s role helping organisation to achieve its goals......................................................4
How did Daniel’s action contributed to the team and organisational objectives........................4
How did Mathew’s action contributed to the store’s objective...................................................5
Explain how managers ensure that team objectives are met.......................................................5
Analyse the strengths and weaknesses of each theories identified above...................................5
Assess how Adam’s skills is helping to make improvements to the company...........................6
Explain the distinction between output and outcome..................................................................6
Explain the features of performance measurement system.........................................................6
What are key performance indicators?........................................................................................6
Read the scenario and write mission, goal and objective of business.........................................7
Explain the possible operational constraints imposed by budgets in Greg’s aim........................7
Explain tools and processes for monitoring and reporting business performance......................7
Explain the use of management accounts and management information systems in
performance management............................................................................................................7
Leadership Management_2

CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................8
Leadership Management_3

INTRODUCTION
Leadership is all about getting people to comprehend and believe in the vision that is set by
the leader for the company and to work with the venture on accomplishing its aims and
objectives. Whereas management is more about managing and ensuring the day to day business
practices are happening as they should (Bush, Bell and Middlewood, 2019). In leadership, the
leader direct and guide employees to execute the assigned work and accomplish the goals of
business while in management, the manager frame plans and strategies so that workforce can
perform their work in systematic manner by considering them. This written document is based
on different concepts of leadership and management. The document will cover information about
decision making, leadership styles, motivation theories, roles & functions of management,
leadership and management conceptions, performance management and management
information systems etc.
MAIN BODY
Explain the importance of Manuel defining the objectives, scope and success criteria
The decision that is taken by Manuel is good and has large scope as the person decided to
open a restaurant with the objective of opening a trendy fine dining establishment catering to
young, urban professionals. This business objective, scope and success criteria of the decisions
are most crucial because the individual decided to open its restaurant in trendy area of the city
that is undergoing an urban renewal with upcoming young professionals as its occupants. When
the venture able to attract number of consumers then sales and profits will also increase which is
beneficial for the firm and the person can easily pay its rent of restaurant.
The importance of Manuel analysing the potential impact of decision making
Making determination is certainly the most crucial task of Manuel and often it can be a
very complex one. The person want to take better decision for the company, therefore, Manuel
must assure the individual has the effective assets to deliver the accurate outcomes. For instance,
to make effective determination, the person must be able to collect and determine reliable data,
observe any legal requirement i.e. does the work meet with ethical, moral and financial view of
the business, Therefore appropriately the standards the venture requires (Weiss, Tappen and
Grimley, 2019). The accurate decision making regarding opening a business of restaurant is
beneficial as it will assist in offering profits to the individuals. It is important as it finds out the
1
Leadership Management_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Leadership and Management: Decision Making, Leadership Styles, and Performance Management
|12
|3210
|68

Importance of Defining the Objectives, Scope and Success
|14
|4246
|489

Unit 73: Principles of Leadership and Management
|10
|2767
|64

Business Improvement (70) INTRODUCTION 1 TASK 11
|15
|4214
|90

Business Administration Introduction to Decision Making
|13
|4386
|444

Business Administration Assignment : Marks and Spencer (M&S)
|13
|4181
|30