Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1. Compare different roles and characteristics of leader and manager.....................................1 TASK 2............................................................................................................................................4 P2. Role of leader and functions of a manager in different situations........................................4 P3. Different theories and models of approach...........................................................................5 TASK 3............................................................................................................................................6 P4. Approaches to operation management and roles of leader and manager..............................6 TASK 4............................................................................................................................................8 P6. Impact upon operational management and decision making by leaders and managers........8 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION Operation management plays a crucial role for every organisation. It is a significant part of management which deals with designing, controlling and organising the production process of product and services (Bahmani-Firouzi and Azizipanah-Abarghooee, 2014). The main aim of this report is to provide vital information related to operations such as efficient utilisation of resources as per customer requirement. This project will help in to understand about operation management. It contains roles and characteristics of manager and leader of Mark and Spencer company. It is a retailer in UK and has around 1380 stores in the world. It has a wide range of their own brand food, clothing and home products. It focus on managerial functions by using theories and concept. It also includes description about different approaches and importance to operation management. TASK 1 P1. Compare different roles and characteristics of leader and manager In Mark and Spencer organisation leaders and manager plays a major role to accomplish business objectives. This also sells women-wear, menswear, kids wear, beauty, home products and many more. They assist in guiding and understand how to improve their current position while performing their task(Bahn, 2013). The role and characteristics of leader and manger are described in detailed as: Leader These are the people who guides and direct their followers in accomplishing objectives of a business firm. They provide an appropriate information about desired vision to sub- ordinates so that they will their efforts in correct direction to achieve required targets properly. Leaders are responsible for making strategies and planning to achieve their objectives. This can be done through motivation, innovation, setting up of teams to perform in well manner. It is require at every stage of Mark and Spencer. They encourage and support their team members to attain their objectives on target(DeAnnaand et. al., 2010). Theroles of leadersare defined as follows: Provide instruction and guidelines:Leaders assist in providing instruction, guidelines and direction to their subordinates while performing their task. This will bring efficiency in their work and accomplish objectives within the targets. 1
Influence the behaviour:Leaders possesses s quality to influence the behaviour of an individual which help them to attain interest as well as work in effective manner. This makes leader work simpler and easily and enhance the working conditions of an individuals. Team building:The main purpose of leader is to engage people in their work. This can be done through building up of teams which can co-relate employees work to establish better working condition in a business organisation(Eyal and Haim, 2014). Characteristics of leaders Commitment towards target:Leaders provide commitment through which followers can obtain specific targets of business enterprise. If set objectives is not meant then company will not be able to get success in their field which can bring downfall in their business. It helps to work in a proper manner that can provide direction by leaders to achieve them. Confidence:It is an essential part of leader personality which boost other to follow the policies and strategies. Leaders confidence help their followers to perform their task on time with an effective manner(Hammill and Tanner, 2011). Manager Management is an art of doing work together more efficiently and effective manner. This creates business which help an organisation to earn profits. These are the person who design and manage work in a particular direction of pre-determined goals and objective of a business firm. For a successful enterprise it is necessary to accomplishment of goals, while developing or using relevant strategies to plan the work of staff for achieving business objectives. Manager distribute their task in various level for obtaining desired objectives(Handschin and Petroianu, 2012). The role of manageris discussed below as: Management of resources: Operation management plays leading role in managing both raw material and personnel. This helps in accessing the needs, hiring employees and planning for near future goals. Financial management: Manager helps in budgeting, controlling costs and keep tracking the records of financial statement. The general purpose of manager is to keep eye on sales reports, business forecasts which assist to attain business profits. 2
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Job Distribution: Mangers plays a vital role at a time of recruitment. This helps them in divisionofworkofemployeeswhichcanprovidethembetterefficiencyand effectiveness which can improve the overall productivity of Mark and Spencer company (Heizer and Barry, 2013). Characteristic of manager High level of patience:Manager has high degree to tolerate the things which are related to the work efficiency. This helps to employees while performing their task on targets which maximize the overall profit of a business firm. Power to reduce business danger:Manager has a power to reduce or minimize the risk and danger by doing forecasting and plan for future needs. This helps in determining the major uncertainty which are able to control by the managers of a business firm(Lind, 2013). Difference between manger and leader are defined as: LeaderManager Theyactasfriend,philosopherand guidetheirsubordinatestowork properly. Leadersplaysavitalroleof implementingthoseideaswhile performing them. Leaders focuses on people. Theyhelpinmotivatingtheir employees to do there work in well manner. Leaders have a power to communicate and influence their worker as per the terms of company. In this case, they build an effective plan of action for required task and control by taking corrective measures. Whereas, manager generate their own ideas for betterment of a business firm. However,managergetfocusedon things which they are using. Although, managersdirects the work to get done by their subordinates and workers. In case of manager, they communicate policies to leaders. 3
TASK 2 P2. Role of leader and functions of a manager in different situations Leaders and managers have two different personalities which try to resolve the issues and problems in well manner by using their skills, knowledge and experience. As Mark and Spencer has a wide range of products with various branches in different countries, through which deals in various circumstancesdue totheirtangledbehaviour, it requiresimpressive partand function of manager toresolutionissuesby manager consultant(López and et. al., 2015). Therefore,it is an important part of individualandpurposeof manger are asbelow: Decision making: Leaders and manager of an organisation plays a vitalpart while making decisions. They both have power to reveal their thoughtat a time of decision making. It is process thatrequisite exact content and collectionfordevisingan effectual opinion. This includesneededfacts and illustrationthat arenecessaryby a business firm forfast movingofan enterpriseoperation. This helps in to manage the issues and obtain an effective conclusion through their decision to a manager consultant of Mark and Spencer company(Mendis, Muttaqi and Perera, 2014).Manager has all the authorities to take decisions for different situations whereas leader has a role to make appropriate decision to provide accurate direction to employees. Training and development:This includes various actionwhich areplannedandcontrol byindividualas well ascoachconsultant of Mark and Spencer company to develop their skills, knowledge and experience of employees. Training and development helps in to engage their employees in their own work. Also, this assist in performing in better condition and enhancing their past performance. This helps them in achieving objectives and attain their goals on time.In these functional practices, manager has a role to monitoring requirement of training practices whereas leader play a important role in conducting training and learning sessions for their employees. Risk taking: Since manager and leaderare capable enoughto protectown enterprise perilin aproper waybyresolution big problemsand hindrance that can effect the company finance.This is an important part to get over from worst situationthat are observedby Mark and Spencer(Moghaddam, Seifi and Niknam, 2012).Managers are always taking risk while initiate new ideas and concept as a business objective. In order 4
to accomplish these objectives, a leader always provide guidelines and direction to their co-workers. Resolve issues:A major role of manager and leader is to get away from different obstacles and hindrance while keeping flourishing and cordial relations with their co- workers.The main aim of both these authorities is tomeasureandperceiveproblems which are getting faced by a business firm. Therefore, it is necessary to resolve issues and problems related to a business firm.These are the required skill in a manager and leader that they have implement in their working practices. Manger and leaders are always works to resolving issues and conflicts of employees. Management of time: Managers and leaders focuses on to manage duration of a business enterprise by assigning all tasks and activities in a proper manner to accomplish their goals on targets. This assist their employees to work on time and also, manages their work(Mohammadi and et. al., 2013).Manager implements some time bound regulations fortheiremployeestoaccomplishobjectivesinproperduration.Forthebetter applications of these practices, leader monitors activities of employees to manage time properly. Conflict resolution: In every organization there is enoughamountofworkerand individual, thereforeconflictmaydevelops link withthemthataffectthesituationof a organizationas well asassetinmarketplace. Hence, manager and leaders of Mark and Spencer try to act invarious styleby using their own capabilities on the basis of situational demand. P3. Different theories and models of approach Leadership is aprocess that helps to appearancequalityandpowerof an individual which lead to guiding theirgroup unittowardsright way. It paves a way to achieve objective related to Mark and Spencer. By using operation management theories it will help a business firm for achieving better results. These are briefly discussed in below as: Situational leadership:It is a style in which leader changes style according to a situation for the growth and development of an individual as well as a firm. This leadership can change for business and follower(Nakayama and Bucks, 2012). The effectiveness depends upon leader capabilities that an organization adopt. Therefore, operation team of Mark and Spencer company can adopt this style according to a circumstances.By the 5
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implementationofsituationalleadershippractices,MarkandSpencercanadopt numerous challenges that assist in providing opportunities to firm. The tough situations can be easily handled by leader for grabbing better options of success.Situational leadership theory states that leaders are taking decision or acting according to situation in order to cope up with current change. For instance; leader of Marks and Spencer change the roles and responsibilities of team members as per situation, on the basis of their skills, talents and experience for managing current circumstance. Along with this, sometime price of product fluctuate as per consumer buying behaviour as well as behaviour too. For example; some of the clients are very much polite while buying product but some are very rude due to which leader suggest their employees to react according to situation for handling complex situation. Contingency leadership:Inthis model, leader of an enterprise make their decision by considering internal and external factors that are interlinked with each other. It is also consider as situational leadership because claims that none of best and suitable for a leading company. Thus, contingency leaders may adopt their own style while dealing with any situation(Neck and Manz, 2010).For Mark and Spencer, these kind of learning practices can be a better option in which leader can provide quality directions and guidelines to firm to opt a better option between contingency.Business is full of risky situation because there is a maximum chance of fluctuation in external and internal factors that affects the operating system of an association which enforce an organization to design their policies and plans accordingly. For instance; fluctuation in currency rate of nation enforces leaders to consider this before entering into any future contract. Along with this, sometime legal bodies also enact some necessary new laws which act as an obstacle for the company during making a business relation with foreign country. Hence, leaders make decision as per these changes for coping with changes. System leadership:This theory is primarily concerned with system and policies of firms while deals with any situation. It style believes in following norms, rules and regulation that are implemented by higher authority to run a business in more effective manner. Therefore, it is also known as systematic model of leadership.On the basis of these theories, leader of Mark and Spencer can provide justification for appropriate situation so that they can manage system and policies of firm for the employees.It means, leaders are 6
liable for considering necessary rules and regulations during their leading. For example; leaders of Marks and Spencer always consider employment rights and authorities before taking any action against staff members as well as follow formal rules for taking major steps. As a result, they always make decision by following necessary provisions which set in the rule book of a company. By using above leadership style it helps in determining the nature of a business as well as includes the situation that may raise at a time of expanding or any disputes. This is helpful in maintaining business position into market. TASK 3 P4. Approaches to operation management and roles of leader and manager Operational management is a systematic process that requires effective and skilled managers that take corrective measures in achieving goals of Mark and Spencer company. It is will bring an effective and efficient labour while using different approaches to operation management(Niknam, Meym and Mojarrad, 2011). Therefore, appropriate key approaches of management and operation are as: Six sigma: This approach is a set of tools and techniques for improving their process. Basically it is obtain by firm to enhance the quality of output by eliminating causes of defects. It helps manager and leaders for minimum utilisation of resources which canturn into as prosperity in Mark and Spencer company. Thus, main motive is to minimize production time, pollution by satisfying needs and demands of customers.Mark and Spencer can implement this strategy in their business procedure by enhancing quality of their products by better utilizing resources. Major implementation of this theory can provide better outcomes by reducing defects. With the challenges of achieving accelerated growth in the highly competitive financial service sector,M&SMoney’sleaderswantedtostreamlineoperationswhilemaintaining—and enhancing—customer service. In almost 2003, as it prepared to offer a brand new credit card to replace its traditional store card, M&S Money decided to explore use of Six Sigma methods to execute critical operational and service improvements. Using Six Sigma methods, an application redesign team explored all aspects of the process: handling of incoming applications, review and approval, new card delivery—even the design of the application form itself. 7
Just in time: According to this model, firm trying to complete their task and activities in given time period. Basically it is a inventory strategy whose main motive is to minimize its cost and also, reduce manufacturing time period. This helps manager and leaders to do their work on settargetswhich bring effectiveness among co-workers.Mark and Spencer organisation can implement Just in time approach in their business procedure by analysing demand and requirement of their customers and by providing similar services to them. Through this, they can reduce wastage and additional cost of production.M&S was going through a significant change as part of its IT strategy, including replacing its core ERP system with SAP. Key to their strategy, they needed an integrated forecasting, ordering, and allocation solution that would work with their new ERP implementation. The perishable nature of a large portion of its inventory within a complex and changing supply chain. – Lengthy lead times for certain inventory items (e.g. grocery products). Total quality management: Main motive of this is to maintain quality of Mark and Spencer Company by emerging different ideas and methods for improving work quality and services. Basically quality is one of indispensable part for every firm for their effectiveness and useful purpose. It will guide managers and leaders to keep their standard of quality maintained well.Therefore, it is used for maintaining their quality.For Marks and Spencer, these kind of approaches can be beneficial because customers of the organisations are always demand for the quality products and services. Through this, they can build positive relationship with customers by managing quality in their products.An organization aim to improve things for the better and closely with suppliers to develop high quality and innovative products that are only available at M&S. Products An association operate rigorous quality management systems which have been developed with our suppliers. These operate on a precautionary principle and are supported by a range of on-site audits and product testing. Suppliers are required to meet a range of quality, safety, environmental and social standards. Company also operate a system of public recalls when required.M&S is committed to not using solid plastic micro beads in M&S own brand personal care products and working with our suppliers to remove them from branded products sold in M&S stores. 8
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Dynamic approach:According to this approach, Mark and Spencer trying to resolve their various problems into one by implementing different techniques and methods.This model is very much useful in completing task in a minimum duration by acquiring minimum uses of resources. Using this approach by manager and leader will bring a positive aspect on a business firm.By implementing dynamic approach, Mark and Spencer can competing easily with their competitors by providing them quality services in minimum time duration.M&S looked for a partner that leads with a people-first change management approach, a track record of managing complex Skype for Business rollouts and the right skills to implement Microsoft Cloud PBX. M&S chose Avanade, and Avanade delivered. Cloud PBX was introduced, providing true unified communications to M&S for the first time. Avanade first reviewed the telephony architecture and recommended a couple of key design principles that would drive simplicity, speed and lower total cost of ownership. The team then built a dynamic business change plan. As driving adoption was essential, Avanade focused on three key pillars of activity: preparing, executing and reinforcing change for specific user personas. System approach: This model is based on the rules and regulations that are implemented through higher authority of a business firm by considering necessary facts and figures. It is a most appropriate for creating free environment from discriminations and disparities on an individual as well as team.Using an appropriate approaches, leaders and managers of Mark and Spencer can enhance their working conditions and improve their existing performance. The role of manager and leader is essential part for each and every organisation. This helps in determining the objectives and growth of an organization. It includes integration of goals to sustain for longer duration, it require at every level, provide support to workers and many more. This also involves motivation, management of resources, team development, improves quality and self-development(Pinkerton, 2011). P5. Importance and value of operation management in achieving business objectives Operational management is very much essential while attaining goals and target of business enterprise by implementing various effective ideas and approaches for solving barriers. It is an indispensable for controlling whole system by delivering actual products and services into market. Therefore, there are number of reasons which shows importance of management operations is mentioned below as: 9
Appropriate use of resources: According to this, manufacturing department trying to allocate essential resources for developing whole organization at international level. Thus, there are number of things that are available to show importance are stated as follows: ◦Fulfilling needs and wants of domestic as well as foreign customers. ◦Maximisation of profits. ◦Maintain quality of their products. ◦Proper utilisation of resources. Revenue generating: Profit of a company is maximize by introducing new and advanced products to attract number of customers. This is a key to generate more and more revenue by inventing and creating ideas by modifying existing products of Mark and Spencer. Satisfied needs of consumers: Operational management is liable for producing goods on the basis of customer taste and preferences by considering their choice as well as trends which are in market. Attract mind of customers: All the products are manufactured by this department. Therefore, it is liable to produce different ideas of training their employees to capture eyes of customers. Important Roles of Operational function- Human resource– This is a most important division of an organisation which assist to managing functional activities of organisation in effective manner. HR manager of Mark and Spencer analyse requirement and need of organisation for the employees. After this, they conduct employment session for hiring desired and experienced candidate who aid in attaining business objectives properly. Finance– This is a most important division of a firm which manage funds and capital effectively for its better uses in future. In Mark and Spencer, finance executives also provide advises for the better investments in profitable areas. Asset management- Marks and spencer is a really very large association by having its branches across the international boundaries. As a result, company is having number of assets in their reserved which helps them in hard times. For example; workforce is a most tremendous asset that support an organization in attaining their set objectives or goals in a defined time frame. Therefore, management of staff members is essential for company by 10
implementing various rules and regulations as well as appoint head for understanding theirfeelings.Theseentirethingswillhelpinmanagingotherresourcesofan organization in much better manner by satisfying the employee’s needs and wants. Cost management-Marks and Spencer (M&S) claims that its push to become a digital- first business will save it £30m a year by 2021, achieved through operational efficiencies and simplified technology supplier relationships. The high-street retailer has begun a five-year business transformation programme,announced in November 2017, geared towards streamlining itsoperations and increasing business agilityin the face of growing competition from online retailers. By analysing all the above factors, it has been understood that operational bodies are playing really crucial role in managing entire business activities of Marks and Spencer which helps in gaining competitive advantage at marketplace. Along with this, easily control the possibilities of disputes between workforces by managing things in suitable manner. However, various activities aids in attaining set goals such as; conduct monthly programmes, sessions, events, outings, friendly conversation with staff members henceforth. TASK 4 P6. Impact upon operational management and decision making by leaders and managers Operational management relates with various capacities and variables that are required to work compelling approach to achieve their target on time. Therefore, Mark and Spencer focuses on needs of maintaining the values, ethics, beliefs and sustainability in business to improve customers and provide satisfaction towards their services. These impact upon operational management and decision making are as: Reality of global competition: This section includes the factors of global competition within an existing companies. By doing this, leaders and managers of Mark and Spencer should focus on their strategies which are used to develop competition among market. This also involves the strong persistence in this competitive world. To sustain for long term it is necessary to maintain reputation into global competing market. Dynamic growth of service sector: Continuous changes can bring an impact upon leaders as well as manager. If these both authority not able understand about latest technology and lack of knowledge will affect their work efficiency. This can led to a 11
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negative impact on company reputation. Dynamic growth of service sector is necessary to compete with existing business entity which will increase their performance and enhancement of skills required by an individual(Pinkerton, 2011). Social responsibility issues: This aspect get affected by use of more production but do not focused towards society. It will bring an impact upon Marks and Spencer Company. As a result, leaders and managers have to contribute more in this case. This will increase the company reputation, bring customer loyalty and many more. It has a positive effect while performing social responsibilities towards consumers and their clients. Quality and customers services: According to this aspect, it focuses on quality assurance towards customer and consumer satisfaction is necessary. This assist in forming position into existing competitive world. As a result, leaders and managers focuses on increase in productivity of Mark and Spencer. By using qualitative product and fulfil consumers’ needs and wants will able to generate profit and increase their share market. Planning: This aspect helps in to improve the work efficiency and also enhance the performance of overall production. It is a central point of wanting to do the operation by arranging Mark and Spencer administration to take initiative for better and enhance performance while doing it. This increases the clients all over the world and also, bring efficiency in their work (Nakayama and Bucks, 2012). Controlling: To execute controlling process, it is need to make screen and control over planning as higher authority that leader and manager recognize there quality and boundariesofbusiness.MarkandSpencer,shouldmakecontroloverarranging procedures and take corrective measure to resolve their issues and problems. By doing this it is easier to compare the planned performance with actual performance of an organization. Internal factors of Marks and Spencer- Customers– They are the last buyer of business products and services. Customers always considering their attention toward organisational goods that provide them higher satisfaction.Anorganisationalgrowthanddevelopmentpracticealwaysbasison customer's buying behaviour. 12
Employees– They are the key strength of an organisation who provide their quality services to customers for the betterment of business growth. They always pay their maximum attention towards customer' demand to provide them higher satisfaction. External factors of analysis- Political factors –These kind of factors are based on governmental rules and regulations that a firm needs to implement properly for ethical working. For Mark and Spencer, it is required to working properly with strict rules so that they can working legally in a country. Economic factors– For a business organisation, it is required to provide serve their appropriate contribution in the economy development practices. Mark and Spencer always looking towards these practices and maximise employment opportunities for individuals. Social factors– These factors are belongs to organisational services that they provide in market by analysing customer's demand and requirement. Mark and Spencer create their own market by considering social practices positively in business operations. Technological factors– For a business organisation, it is required to implement technological practices. Through this they can enhance options for better opportunities. Future improvements- It is the world of huge competition where business needs to survive and exist. Actually Marks & Spencer lies within top 10. It is UK’s premier clothing, food, financial services retailer having the position of top 6. In recent years, retailers have been confronted with intense competition from their counterparts and, a few of them have somehow lost momentum. Marks & Spencer’s market share has dropped in 2004 to 11%, from 0.2%. Marks & Spencer do have various departments in which various department head controlling over business and getting the information from outside environment. They do have separate tasks and roles to perform and getting the things done through lower level managers. Marks&Spencerdohaveitsownidenticalnorms,values,beliefsandworking environment. They have to follows standardized rules and regulations to cope with cultural obstacles seen in an organization. 13
Needs to accomplish changes as per employees and customer demands in order to maintain a positive relationship between staff and company. As a result, it will help in attaining set target in a defined time frame. Opportunity to follow modern technology for enhancing their business performance as well as try to get engaged in new projects. CONCLUSION From the above report, it is concluded that operation management is a systematic process which helps in improving quality of products and services of Mark and Spencer Company. This department provide assistance in attaining goals with minimum utilization of resources, quality improvement and increase the profitability. This can be done by adopting six sigma method, total quality management and many more. It paves a way to achieve objective related to a business firm. By using operation management theories which helps in guiding and directing different approaches on business firm for achieving better results. It also, assist in decision making process by the managers and leaders of Mark and Spencer Company. This provide well and proper guidance to improve production which can increase total profits. 14
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