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Management and Operations Assignment - Corus

   

Added on  2021-02-20

16 Pages5327 Words93 Views
Management and Operation

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1PART 1............................................................................................................................................1Definition of leaders and managers.............................................................................................1Similarities and difference characteristics between modern leaders and managers....................1Roles of management and leadership in organisational situations with use of theories.............3Role of the leader and function of a manager in different situational context............................4Application of situational, system leadership and contingency theory.......................................5Strength and Weaknesses of different approaches to leadership and management ...................6PART 2............................................................................................................................................7Introduction of Corus using its knowledge of key operations in order to win new business.....7Key operational functions and roles and responsibilities of managers for these functions........8Importance and value of Corus' operations management in achieving business objectives ......8Impact of external business environment factors that affects decision-making by leaders andmanagers.....................................................................................................................................8Improvement in operational efficiency in order to meet business objectives using managementand leadership approaches...........................................................................................................9Recommendations for future improvements...............................................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONManagement and operation of the business basically involves the planning and executionof different strategies in order to make the business run smoothly(Nakamura and et.al., 2015).Present study is based on the company Corus that is a steel making company and now is a part ofTata Steel group, founded in the year 1999. Report will include definition of leaders andmanagers with similarities and differences of modern leaders and managers. Further report willanalyse the different roles of management and leadership with respect to organisational situationswith the use of different theories. With the help of examples report will examine the role of aleader and function of a manager in different situational context. Situational leadership, Systemleadership and contingency theory will be applied in the report and strength and weaknesses ofdifferent approaches will be assessed. Further report will include the reasons of Corus using keyoperations to win new business and also details of these operations with roles of managers and inthese key operations. Report will evaluate impact of external business environment factors ondecision making of leaders and managers and at last report will evaluate the appropriatemanagement and leadership approaches in meeting business objectives. PART 1Definition of leaders and managersAccording to Hu and Judge (2017) Leader is a personality that influence its workingpeople in order to achieve the business goals on time and effectively. Leaders at Corus arehaving a vision, they inspire their followers and help them in making strategies in order toachieve the goals. According to Banks And et,al., (2018) Leader is a person that is superior in positionwithin the field in which they work and have high degree of control over the workers. According to Block (2016) Manager is a personality that is having particular skills inorder to control and administer an organisation so that staff members can work effectively. According to Winston (2018) Manager is a person who plays an important part inmanaging the organisation by planning, organising and having control on the business strategiesby giving right direction to the working people(Brown And et.al., 2019).1

Similarities and difference characteristics between modern leaders and managersLeaders and managers at Corus have different characteristics that somewhere matches toeach other and also differs in many ways.Similarities between the modern leaders and managers at Corus are as follows:-Change implementers:- In order to brining change both modern leaders like Ratan Tataand its managers works with the employees and make them motivated to deal with thechange.Honesty:- Modern leaders like Ratan Tata and its managers are honest with theiremployees and work for benefit of organisation and employees. Decision makers:- Modern Leader Ratan Tata and its managers are decision makers thatis to make the task effective they make decision accordingly, they never hesitate to makeeffective decision.Difference between the modern leaders and managers:-Modern Leaders ManagersVision oriented:- Modern leaders likeRatan Tata at Corus are vision orientedthat is the reason he acquired Corus andis having huge market share.Protect staff:- Ratan Tata alwaysprotects and motivates the staff in orderto achieve the organisational goals.Listen Actively:- Ratan Tata is an openminded leaders who listen to each andevery idea of the employees working inCorus(Chiu, Balkundi and Weinberg,2017). He also involves the staffmembers in decision making. ThoughCorus is acquired by Tata steel, helistens to people of different culturalbackgrounds.Process oriented:- Mangers at Corusare process oriented and have focus onefficient work of the employees.Protect self:- Managers priority is toprotect themselves and their job. Listen selectively:- Managers at Corusalways listen to selective staff in orderto make decision. They feel they areself sufficient in makingdecisions(Jarvis and et.al., 2019).Avoid risk and conflicts:- Mangers atCorus prefer to avoid risk and they donot want to get involved in any sort ofconflicts. Focus on objective and concern onoutput:- In order to influence the2

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