This assignment analyzes the key elements of management and operations within Starbucks. It explores how the company sets goals and objectives, implements effective employee evaluations, leverages technology for productivity, and fosters a successful work environment.
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MANAGEMENT AND OPERATION (PROJECT 2)
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Table of Contents INTRODUCTION...........................................................................................................................1 PROJECT 2......................................................................................................................................1 TASK 1............................................................................................................................................1 2.1 Key approaches to operation management and role of leaders and managers......................1 2.2 Importance and value of operation management to achieve business objectives.................2 2.3 How leaders and management can improves efficiencies.....................................................3 TASK 3............................................................................................................................................3 3.1 Factors in business environment in which Starbucks operates and impact on decision- making.........................................................................................................................................3 3.2 Factors that impact on wider community..............................................................................5 3.3Applicationofoperationmanagementandfactorsthatimpactonwiderbusiness environment.................................................................................................................................6 CONCLUSION................................................................................................................................7 REFERENCES................................................................................................................................8
INTRODUCTION Management and operation play very important role in success of the business. In this way, organisation need to develop their operations and functions in effective manner to accomplish their targets. In this context, present report based on the Starbucks which is the largest coffee shop in UK market. For gaining insight about the enterprise, present report covers key approaches of management to accomplish roles of leaders and manager in the business. Furthermore, it assists to analysis effective results through developing effective functioning at workplace. PROJECT 2 TASK 1 2.1 Key approaches to operation management and role of leaders and managers Operation management of Starbucks is very important aspect which assists to make effective results in the business. In this way, the chosen organisation determines their standards that assists to increase revenue and profits to examine carefully. Each activity of the enterprise develop areas where profits can be increasing (Cotton, George and Joyner, 2013). Following are certain key approaches explains in which leaders and managers play different role: Six sigma:Six sigma is the important activity which include set of management techniques that enhance Starbucks performances in signifiant manner. With this regard, the chosen organisation can analysis their performances to develop performances at workplace. Further, manager play role to determine standard on which they making products and services. On the other hand, leader play role to distribute roles and responsibilities to each person to accomplish goals and objectives. Lean theory: Lean theory is important aspect that assists to eliminate waste material from manufacturing process. In this regard, overburden and loads can be reduce from customer perspective in term of products and services. In this way, leader of Starbucks require set clear vision so that objectives and goals can be accomplish in systematic way. However, manager must organise things that assists to create effective functioning at workplace. Queuing theory: Queueing theory is the mathematical approach that assists to make queues and lines of waiting. With this regard, model constructed to identify length and 1
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waiting in Starbucks. Hence, manager has role to set deadlines to meet their objectives and goals. Furthermore, leaders develop their participation to clearly defined effective results. Total quality management: This is the another important aspect in which principles develop in signifiant manner to accomplish goals and objectives. With this regard, every member committed to maintain their standards of work and perform several tasks for accomplishobjectives.Hence,managerhasroletomakesurethatrawmaterial effectively used to make final products and services in the business environment. However, leaders has role to provide effective results through assign duty and tasks. 2.2 Importance and value of operation management to achieve business objectives In this aspect, manager of Starbucks require develop functions and operations in business. Therefore, business activities includes planning, organising, staffing and controlling. These steps helps to lead with management to accomplish business objectives. It assists to accomplish goals of the Starbucks to create positive environment. Manager of the business also corporate with several actions that assists to develop results in business. With the help of different operation systems, manager need to work accordingly. Along with this, manager also need to assign roles and responsibilities through workers capabilities can be assessed. It involves different design system of products and services that are support to the environment. Following are certain importance and value of the operation management determines that assists to meet with goals and objectives of the business. Controlling and distribution system: Manager of Starbucks need to determine their participation in significant manner. In this way, each activity and distribution system assists to enhance profitability at workplace. Hence, it helps to lead with resources and developing profitability. Transformationalofraw-material:Inordertodevelopprofitability,operation managementalsoassiststoconvertraw-materialintofinishedgoods.Therefore, manufacturing process can be develops to manage profitability at workplace. As results, it makes effective functioning in Starbucks. Processdesign:Processdesignistheanotherimportantelementthatassiststo accomplish desire results with physical and chemical transformation of material. It is the 2
central to chemical engineering which assists to bring several components in the chosen enterprise. Capacity management:Capacity management is the important process that used by manager of information technology. It possesses primary goals that helps to meet with current and future requirement of Starbucks. 2.3 How leaders and management can improves efficiencies InStarbucks,therearedifferentwaysthroughorganisationcanimprovestheir efficiencies that assists to make effective results. With this regard, leaders and managers can enhance productivity to achieve profits and revenue. Hence, targets can be develops through generates activities and profitability at workplace. Following are certain factors that impact on chosen business: Don't afraid for delegate work: It is the effective aspect that assists to make creative results in operation management. Therefore, each person need to delegate the roles and responsibilities for the business members. Along with this, Starbucks need to develop trust on workers to accomplish business goals with different roles and responsibilities. As results, people can participate to accomplish goals (Cotton, George and Joyner, 2013). Matching tasks with skills: In addition to this, manager of the chosen enterprise also require take roles and responsibilities as per the organisation efficiencies. Each person need to know about their skills and abilities to perform task in Starbucks. As results, the organisation able to get right member in the business. Keep clear goals:In respect to manage work performances, each and every task require attain in signifiant manner. Therefore, Starbucks easily accomplish their goals and objectives. They also need to focus on time-frame in which objectives and goals will be accomplish to maintain effective results. TASK 3 3.1 Factors in business environment in which Starbucks operates and impact on decision-making In respect to accomplish objectives of the business, there are several factors exists that affect to the organisation. With this regard, internal and external factors highly impact on the operations of firm to develop effective functioning. It can be categories in two aspects such as internal and external. 3
Internal factors:Value system: Value system based on the culture and norms that assists to meet with desired results in organisation. In this aspect, regulatory frameworks create major impact on Starbucks operations. In this way, rules and regulations required development to accomplish business objectives.Mission and objectives:There are different policies and priorities set and carried by Starbucks to operate functions in effective manner. With this regard, mission and objectives need to set so that outcomes develops and functions operate effectively in the business.Financial factors:Financial factors also included such as policies, capital structure and financial position that could be affect to business environment. Strategies also create impact on the business performances for ascertain effective results. Internal relationship: It is the another important aspect that improves profits in signifiant manner. Relationship between organisation with its shareholders, employees, etc. also create smooth functioning in business environment. External factors:Suppliers:Suppliers are those who responsible to provide necessary input within the enterprise. It will help to make creative results at workplace through goals and objectives will be done in significant manner.Competitors:Competitors are also known as persons who compete in the market through providing same products and services as Starbucks. In addition to this, they are also providing products and services to take proper competition through formulating policies and strategies. Market intermediaries: Market intermediaries also assists to promote business products and services through providing effective products and services to ultimate customers. Selling and distribution is another important strategy which create link with business about their customers. 3.2 Factors that impact on wider community In the wider community, there are several factors impact so that its functioning and operating activities reduced day by day. In Starbucks performances, it impacts in the following manner: 4
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Political factors: Political factors highly influencing to the business environment in order to change in many things. In this aspect, politics influence for the fund that available for operating functions and operations in market. With this regard, taxes, minimum wage rate, etc. elements included that highly impact on the functions and operations of Starbucks. For instance, changes in government, new priorities' administration system, etc. Economic factors:Economic aspect determines availability of salaries, training and equipments which is the important concern in order to plan. It plays very important role in Starbucks to create high growth in it. With the help of producing luxury items, Starbucks need to concentrate on local economy. Social factors:Social factors highly influence to the operations of chosen business environment. In this way, new product development create important role to develop effective functioning. With the help of conducting survey, the chosen organisation will easily perform several functions (Gullifer and Payne, 2015). Technologicalfactors:NewtechnologicalelementsassiststoStarbuckssothat awareness creates with ascertain effective functioning at workplace. In this aspect, the chosen organisation able to enhance effective functioning through enhancement in customer base (Fairhurst and Connaughton, 2014). Legal factors:At workplace of the chosen business, employee’s law is the important aspect that impact on legal system and affect to human resource planning. It also makes certain changes which could be implemented to perform functions and operations. Changes in the employment law also reflect to the company policy and implementation by higher management (Cotton, George and Joyner, 2013). Environmental factors:Environmental factors might be impact to the organisation to find out appropriate staff and changes in it that required for certain employees. In addition to this, Starbucks also required to protect the environment in effective manner. As per the plan of business, changes need to be make for development of the business (Steele, Mickle and Whitting, 2015). 3.3 Application of operation management and factors that impact on wider business environment Operation managementisvery important part that make successful resultsin the business. In this way, goals and objectives can be accomplish through following different activities that promote business operations. Actions are also taken that requires combination with 5
equipments, personnel, etc. (Moore, McKay and Veale, 2013). that delivers effective system in it. There are different elements which impact on the Starbucks performances to promote its products and services. They are classified as follows: Managerial standards: Managerial standards can be determines as factor that assists to motivatepeopletoaccomplishbusinessobjectives.Inthisaspect,technological employmentresourceshelpstomakelinewithjobdutiesthatoutlinedwithjob description (Gaskarth, 2013). Background of employee, educational level, etc. must be highlighted in job description so that managers of Starbucks can keep their expectations through assign them duty. However, in order to expect high, employee performances of the company can be diminish. Therefore, it impacts negatively on the business functions (Makowska and Spychała, 2014). Motivation: In order to get the better performances by employees, needs required to sort so that organisation able to check performances in effective manner. Motivation can be given in form of financial incentives, non financial rewards, etc. In addition to this, Starbuckscanalsoincludeopportunitiesforaccomplishprojectwhichleadsto management with involvement of tasks as well. With the help of effective motivation, productive workforce ascertain at workplace (Moran, 2013). Commitment:Employees also feel very happy to make commitment to determines successful operations and functions. In this way, better performances can be made with personnel system. Commitment means offering competitive advantages to develops benefits package and offer assistance for better performances. With the help of regular training schedule, Starbucks upgrade to make sure that technology available to perform work (Jo, 2015). Employee evaluation:Effective employee evaluation is the interactive process in which Starbucks create interactive process. Therefore, managers gives input on employee performances so that they are getting chance to learn many things. Managers are also creates a plan for upcoming new employees so that performances could be enhance easily (Raco, 2016). CONCLUSION From the above report, it can be concluded that management and operation consist very important role in success of the business. In this aspect, goals and objectives will be accomplish 6
in systematic aspect. In this way, Starbucks has been selected that deals in coffee shop and providing different types of products and services in the market. Therefore, goals and objectives will be develops through assessing factors including in it. 7
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REFERENCES Books and Journals Cotton, D.R., George, R. and Joyner, M., 2013. Interaction and influence in culturally mixed groups.Innovations in Education and Teaching International.50(3). pp.272-283. Fairhurst,G.T.andConnaughton,S.L.,2014.Leadership:Acommunicativeperspective. Leadership.10(1). pp.7-35. Gaskarth, J., 2013.British Foreign Policy: Crises, Conflicts and Future Challenges. John Wiley & Sons. Gullifer, L. and Payne, J., 2015.Corporate finance law: principles and policy. Bloomsbury Publishing. Jo, S.H.A.W., 2015. Between law and political truth? Member state preferences, EU free movement rules and national immigration law.Cambridge Yearbook of European Legal Studies.17(1). pp.247-286. Makowska, M. and Spychała, M., 2014. Organic Compounds Fractionation for Domestic Wastewater Treatment Modeling.Polish Journal of Environmental Studies.23(1). Moore, S., McKay, S. and Veale, S., 2013.Statutory regulation and employment relations: the impact of statutory trade union recognition. Springer. Moran, C., 2013. Ian Fleming and the Public Profile of the CIA.Journal of Cold War Studies. 15(1). pp.119-146. Raco, M., 2016.State-led Privatisation and the Demise of the Democratic State: Welfare Reform and Localism in an Era of Regulatory Capitalism. Routledge. Steele, J.R., Mickle, K.J. and Whitting, J.W., 2015. Preventing Injuries Associated with Military Static-line Parachuting Landings. InThe Mechanobiology and Mechanophysiology of Military-Related Injuries(pp. 37-68). Springer International Publishing. 8