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Developing Leadership and Management Skills

   

Added on  2023-06-10

9 Pages3040 Words92 Views
FinanceLeadership ManagementProfessional Development
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Developing Leadership and Management Skills
Developing Leadership and Management Skills_1

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Analysis and comparison of leadership and management...........................................................3
Management is directing and controlling the organization or group of one or more people that
contribute to accomplishing organizational goal.........................................................................4
Key performance index/ indicator ..............................................................................................5
Organizational leadership and management performance...........................................................6
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
Developing Leadership and Management Skills_2

INTRODUCTION
Leadership and management are the basic things which helps the organization in problem
solving and making decision at current time, meeting management needs, managing organization
and improving communication. It also shows how it helps the organization to bring changes by
improving the decision-making and how effectiveness helps overall organization in improving
the performance of organization. There are some basic leadership style – Autocratic, democratic,
transformational and transactional leadership. Some management theories are Fredrick Tylor's
scientific management theory and Gregor's theories of X and Y. Headquarter of Tesco is in
welwyn Garden city, England. CEO of Tesco is Ken Murphy, Founder of this successful
company is Jack Cohen. They have more than 3,36,000 staff working and have around 4673
stores worldwide and 4008 stores in UK and Ireland (Tesco PLC - Statistics and Facts, 2022).
Main objective of Tesco is to deliver the daily use products at very affordable price range and
provide variety of product under single roof to make people's living easier and better quality of
living. It was founded in 1919, East End of London. Giving description about sales structure of
the company and shows how these helped to reach and bring company to be one of the biggest
and widest spread company to be most profitable in this segment of supermarket as
demographically and geographically using the data given.
MAIN BODY
Analysis and comparison of leadership and management
Leadership is the action that leads the people and organisation. Beginning with the
theories of leadership that supported the Tesco to reach the place where it is right now.
Academic theories of leadership that has be put by the company Tesco in their organization are
Transactional theory and transformational theory. It helps in generating new ideas and allows
employee to work with creativity. Leadership helps and influence the individual employee to
work with full effectively and efficiently Leadership is very important part to carry management
to the next level. (Aiello and et.al., 2020).
Leadership theories
Transformation theory:- transformational theory brings openness to new thinking, gives
commitment to actively attentive, trusting the team members and here leader works with the
team to identify that change is needed or not. Creates the vision to guide the changes through
Developing Leadership and Management Skills_3

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