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Leadership & Management Concepts

   

Added on  2023-04-10

16 Pages3320 Words359 Views
Running Head: LEADERSHIP & MANAGEMENT CONCEPTS
rolls-royce
Leadership & Management Concepts

LEADERSHIP & MANAGEMENT CONCEPTS
Table of Contents
Introduction................................................................................................................................2
About Rolls-Royce.....................................................................................................................3
Management structure at Rolls-Royce.......................................................................................3
Roles played by Managers and Leaders.....................................................................................5
Roles of management and Leadership in different organizational situations............................8
Theories that support growth and sustainable performance of the organization.....................10
Recommendation......................................................................................................................12
Conclusion................................................................................................................................13
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LEADERSHIP & MANAGEMENT CONCEPTS
Introduction
A leader is an individual who encourages his supporters or followers to accomplish a
predetermined objective. He is an individual with a vision and instigates his followers so that
it turns into their vision (combined goal). A leader executes some of the imperative tasks as
an organizational representative; thus, the fact is tacit that a leader is necessitated at each and
every aspect of the organization (Mabey & Knights, 2018). Detailing the role of a manager,
the role of a manager extends to setting, computing and accomplishing the goalmouths.
Managers part an imperative role to keep the situations in control and instigate the employees
to accomplish their goals. The managers can control and direct the employees in a way they
want, they are responsible to make sure that the employees are giving expected output; the
managers have the authority to hire & fire the employees if they do not provide output
expected by the company. Managers are accountable for upholding the vision and mission of
the organization (Bertocci, 2009).
The purpose of this report is to comprehend the prime differences between the role of a
manager and the leader. The differences between management and leadership will be capably
demonstrated by portraying the management and leadership in Rolls-Royce. Rolls-Royce is a
well-regarded British automobile manufacturer which is the subsidiary of a renowned
German company BMW (Millett, 2018). Rolls-Royce holds an upright management and
leadership style; it is one of the prime factors contributing to the company’s success.
Growth and sustainable performance are intended by every organization; the report
deliberates about several theories that support organizational growth & sustainable
performance as well. Lastly, the report will highlight all the behavioural and characteristic
that should be upheld by an efficient manager and leader of an organization to elevate the
organizational performance and to uphold the vision & mission as well.
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LEADERSHIP & MANAGEMENT CONCEPTS
About Rolls-Royce
Rolls-Royce is a prestigious organization and it has endured itself in the prominent names in
engineering throughout the globe. Rolls-Royce was established by Henry Royce in the year
1884; initially, the company was established as a mechanical and electrical business. The
company manufactured its first car in the year 1904; afterwards, in May Henry met Charles
Rolls who owned a company selling cars in London. Later, a covenant was produced that
different ranges of cars would be manufactured by Royce Limited and it would be entirely
vended by CS Rolls & Co, they were about to change the name as Rolls-Royce. The car
making business was handled by Henry, as his main interest were cars, whereas Charles’s
interests encompassed building aircraft engines as well (Rolls-Royce, 2019).
At the time of World War First, luxury cars were only afforded by a few people in the
society, so the company had to concentrate on aircraft engine manufacturing as well. And by
the World War Second, Rolls-Royce established a prospering business of aircraft engine
manufacturing. Soon after the war Rolls-Royce propagated & expanded into diverse market
segments, elevating the value of brand name. The company’s vision is to unceasingly
innovate to discover & deliver the preeminent solutions to the target markets (Rolls-Royce,
2019). The company thrives to discover the opportunities and challenges faced by the
customers. Rolls-Royce operates in Europe, Asia, North America and evolving its existence
in the Middle East. Currently, the company operates in Defence Aerospace, Power Systems,
Marine, Civil Aerospace and Nuclear Segment. Presently, Rolls-Royce has a strong customer
base which is extended over 120 countries, encompassing more than 350 airlines, 4000
marine clienteles, 70 navies & greater than 5000 nuclear & power clienteles (Parry, et al.,
2012).
Management structure at Rolls-Royce
Recently, Rolls-Royce detached a level of senior management as part of a rearrangement
programme. The company decided to restructure the management to enhance the harmony
and improve the operational excellence which would primarily aid in reducing costs and
elevate revenues (Foxwell, 2015).
The company primarily functions in five businesses with the presidents of Civil Aerospace,
Defence Aerospace, Nuclear, Marine & Power Systems in which chief executive has to be
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