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 Explaintheuseofmanagementaccountsandmanagementinformationsystemsin performance management............................................................................................................7
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, leadershipandmanagementconceptions,performancemanagementandmanagement 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
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best potential option to meet objectives, assist to identifies and mitigate possible risks of determinations, supports planning to address complexities occurring from decision making The importance of Manuel obtaining sufficient valid information to enable effective decision making etc. The importance of obtaining sufficient valid information to enable effective decision making Valid information refers to that information which is accurate, accessible and available, relevant, fit for motive and reliable (Hallinger, 2018). The importance of obtaining effective valid information to enable effective decision making that decision are formed based on all reliable components, determinations made are more effective to the circumstances, minimise the threats and unfavourable influence of decisions. The importance of Manuel aligning decisions with restaurant’s objectives, values and policies Theobjectiveofthebusinessistoopenthisrestaurantasatrendyfinedining establishment catering to young, urban professionals. The core values and policies of this business are to offer quality services also consider feasibility, core principles, standards, behavioural norms in conducting the establishment’s business. The importance of aligning decisions is to support the development of a explained organisational image and culture, assures consistency with the business plan of action, make sure accomplishment of business objectives, avoids issues among divisions, workers effectively acknowledge their participation to business execution and better employees engagement. Explain how Manuel can validate information used in the decision making To validate any information gathered from others, assure beforehand that the person was clear as to what data an individual was asking for. In term of establishing a new venture as a restaurant, Manuel can validate information that can utilised in decision making by determining its accuracy, checking relevancy and creditability of source. The individual can confirm accuracy throughtriangulation,lackofgrammaticalerrorsandmisspellings,sourcesstatedand comprehensive information (Hallinger and Hammad, 2019). In addition to it, the accuracy and creditability can be checked by determining the purpose of data, intended clients, believable source, evidence of quality control and experience or reputation. 2
Explain how Manuel can address issues that hamper the achievement of targets and quality standards There are several kinds of complexities that can affect the accomplishment of targets and quality standards of restaurant idea. These issues can be related to staff lacking the right competencies, limited physical assets, poor performance management, lack of communication of targets and standards, demotivated staff, ineffective leadership, unrealistic objectives and goals, lack of quality processes and activities (Castillo and Hallinger, 2018). The individual can address these issues through cause and effect analysis, group and one to one meeting to concur goals, problem solving teams, effective resource planning and allocation, utilise complexities resolving plan of actions, staff training and development, implementing and using quality management systems, objectives and rational aim setting. Leadership style and its sustainability & impact In scenarios 1 the manager of Software Company should accept autocratic leadership style because the employees are allowed to consult about the rules and regulations with leader. They are only followed those rules that are framed. In 2 scenarios, the manager is liable to consider situational leadership style as per performing its duties and responsibilities as per situation. The supervisor also provides direction as per situation so that employees can do well. In 3 scenario, the person should follow participative leadership and provide a chance to employees to make contribution in decision making but final decision is take by scientist. Analyse theories and models of motivation and their application in the workplace There are several methods of motivation that can be applied business venture in working environment. The explanation of some motivational theories is defined as under: Maslow Hierarchy of Need theory- It is a motivational concept that is developed by Abraham Maslow with the purpose of workplace motivation. If the company will apply this concept in working environment then they can motivate employees by fulfilling their needs, requirements organised in a hierarchy, lower order needs fulfilment before higher order necessities. With the assistance of this concept then needs such physiological like food, clothing and shelter’s needs, safety such as financial, personal and physical security need, love & belongingness like friendship or social interactions, self esteem such as respect, confidence or achievement and self actualisation like personal growth, innovation and learning etc., can be fulfilled in effective manner with purpose of employee motivation. 3
Herzberg two factor theory- This theory is framed by Fredrik Herzberg to motivate employees by providing satisfaction to their needs and demands. The main motive of this concept is to fulfil needs like job satisfaction, good working conditions etc. This concept consider job fulfilment and job dissatisfaction act independently of each other, inspirational components affect job satisfaction, hygiene factors influence job displeasureand both set of aspects that must be addressed toencouragestaff (Bhanot,2018). Byapplyingthistheoryinworkplace,the administration can motivate employees through motivator components like recognition and status, growth option for promotion, greater responsibility, stimulating work and sense of accomplishment. Another factor is hygiene factors like effective working conditions, job safety, relationship with administrator and subordinates salaries and other benefits. These are some motivational aspects that help in encouraging workforce. How is Tom’s role helping organisation to achieve its goals Tom is a manager at a large PR company and the person is trying to monitor which candidates the person should recruit to work on the venture’s new promotional line (Podsakoff and Podsakoff, 2019). To accomplish its objectives, operational and tactical planning to support plan of action and accomplish organisational objectives, assuring effective assets to meet planned action level, administrating employees and organisational execution to attain aims, managing modifications to avoid unintended unfavourable results, effective company’s culture and values to support plan of action, administrating budgets and improving operational processes and policies to support operational act and actions are some role that will assist Tom to achieve business objective. How did Daniel’s action contributed to the team and organisational objectives Daniel contributed in better manner in organisational aims. The person has quality and traits of effective leader as before performing about accomplishment of business objective, the person effectively determine execution record of each employee of last 3 years. So that the issue can be find out that restricted them to attain production goals and offer them effective training and development is according that so that they can accomplish their aims and objectives in effective manner or in set tome duration. 4
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How did Mathew’s action contributed to the store’s objective Mathew’s action contributed to accomplish the store’s objectives in effective manner. To attain the business objective the person design and create an action plan and fro the effective implementation, the person follow management functions like organising, planning, creating and distributing. With the help of creating function the person creating a vision then help of planning function the individual plan activities regarding accomplishment of aim (Parvin, 2019). Further, all the activities organise in effective manner and distribute information about action plan to all staff members so that set objective can be achieved in better form. Explain how managers ensure that team objectives are met A manager can determine that aims and objectives of the firm are accomplished and met by assessing the performance of teams and individuals, offering feedback or response to groups regarding their execution, resolving execution complexities with teams, assign and delegate work to groups and agree objectives and work plans with teams (Antonakis and Day, 2018). By monitoring and evaluating the work of team can also assist in ensuring that group accomplish its objective in set time frame. Analyse the strengths and weaknesses of each theories identified above Behavioural theory Strengths- This concept has successfully implemented in classical and operant situations. Systematic desensitisation is supported to classical circumstances and it is beneficial for treating phobias. Weaknesses- It concentrates too much on the nature side of the nurture debate. it recommends that all endeavour is learned but cognitive and biological components have been proved to influence behaviour. Trait Theory Strengths- This concept provides a brief knowledge and understanding of the leader factor in the leadership activity. Weaknesses- This theory is very multifaceted and there is a difference over which characters are the most essential for an effective leader. Contingency Theory Strengths- This concept is dynamic in nature so change as per circumstances and permits administrators to change the policies accordant to the situation. 5
Weaknesses- Contingency method undergoes from insufficiently of literature and it is not sufficient to say that a administrational activity based on the situation. Transformational theory Strengths- This theory assist leaders to create and manage change and also motivate continuous learning and development (Ellis, 2018). Weaknesses- It needs constant and consistent feedback and can direct to employee burnout. Assess how Adam’s skills is helping to make improvements to the company Adamhaseffectiveskillsthathelptomakedevelopmentstothefirm.Byusing transformational leadership style and competencies of this form the person assisting to devise improvements to the enterprise (Alhefiti, Ameen and Bhaumik, 2019). By suing skills of delegation, team building and decision making help in making growth and development Explain the distinction between output and outcome Outcomes and outputs both are highly differ from each other. Outcomes refer to those changes that are accomplished by performing an activity. There are some hard outcomes which are more observable and measurable. Soft outcomes refer to those which are less tangible and subjective.Outputs indicates to the result of activity and process, services, commodities that offered, facilities that offered by firm and outcomes associated to objectives. Explain the features of performance measurement system Performance measurement system indicates to a set of execution that evaluates used to quantify efficiency and effectiveness of actions. It can be an activity of that data which offers to find out effective plan of actions for accomplishing venture’s aims and align administration activities with strategic goals. There are several feature of performance measurement system such as it concentrates basically on results and connected to organisational aims and goals. It focuses on the most crucial execution measures that are reliable to the firm and able to make balance of monetary and non monetary execution measures. It offer relevant, accurate and consistent data over time. What are key performance indicators? KPIs are measurable values that a business uses in order to analyse how successful is at reaching its aims and objectives. By using these kind of tools the firm can determine the performance of the company. 6
Read the scenario and write mission, goal and objective of business Mission statement- The mission of the company is to become one of the leading restaurant groups in UK. Goal- The purpose of the organisation is to accomplish 15% of the market share in next 10 years. Objective- The objective of the company is to improve the customer focus and maximises the sales by 20% this year. Explain the possible operational constraints imposed by budgets in Greg’s aim Constraintsrefer to those limitationsthatprevent a company from developingand improving its execution and accomplishing its aims. Operational constraints that imposed by budgets in Greg’s aims are staffing and production. Staffing restricted in term of reduction in staff to improve staff numbers, restricted access to external expertise, lack o training and development options, staff attrition and staff capacity or demotivation (Rice, 2018). Production imposed due to lack on investment in machinery and technology, incapability to execute efficient quality declaration systems, insufficient supply of components and raw materials, incapability to accomplish new orders cause of restricted capacity and under operation of machinery. Explain tools and processes for monitoring and reporting business performance Business performance is defined as results in relation to aims, attainment of task evaluated against standards, actual vs. planned activity. There are several tools and process like planning and budgeting that can be used to monitor spending regarding objective and KPIs that can use to measure the execution and critical develop components (Kouzes and Posner, 2018). Balance scorecard can implement to determine financial, customer, internal process and learning or development in business performance. Benchmarking and customer relationship management tools and processes can be used to make comparison with extrinsic best activity, effective acknowledgement of the execution context and administrating relation with consumer, use technology and software applicants respectively for the growth of business. Explain the use of management accounts and management information systems in performance management Management accounts basically refer to accounting data, cash flow, statement of fiscal position, balance sheet, income statement and profit or loss account. Management accounts can be used in performance management to support decision making, assist to find out risk and 7
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complexities of actions, offers historical information to inform aim setting, provides data that is usedinexecutiondashboardsetc.Whereasmanagementinformationsystemrefertoa computerised information processing systems developed to support and enlarge the quality and effectivenessofbusinessoperationsandemployeesdecisionmaking(Bush,Belland Middlewood, 2019). MIS can use to store and administrate execution information, offers data to support performance evaluation and track growth of business. CONCLUSION Thishasbeensummarisedformtheabovementionedcontentthatleadershipand management both are effective aspect for the growth and development of a venture. There are several leadership and management functions and roles that assist in performing well. Different theories of leadership encourage employees to accomplish their set objective in improved manner. Appropriate utilisation of IT and MIS system help in offering effective data and storing relevant information about business venture. REFERENCES Books and Journals Bush, T., Bell, L. and Middlewood, D. eds., 2019.Principles of Educational Leadership & Management. SAGE Publications Limited. Weiss,S.A.,Tappen,R.M.andGrimley,K.,2019.Essentialsofnursingleadership& management. FA Davis. Hallinger, P., 2018. Surfacing a hidden literature: A systematic review of research on educational leadershipandmanagementinAfrica.EducationalManagementAdministration& Leadership,46(3), pp.362-384. Hallinger, P. and Hammad, W., 2019. Knowledge production on educational leadership and management in Arab societies: A systematic review of research.Educational Management Administration & Leadership,47(1), pp.20-36. Castillo, F.A. and Hallinger, P., 2018. Systematic review of research on educational leadership and management in Latin America, 1991–2017.Educational Management Administration & Leadership,46(2), pp.207-225. 8
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