Comparing Functions and Characteristics of Manager and Leader
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This article compares the functions and characteristics of a manager and a leader in different situations. It also discusses the application of various leadership approaches and models in operations management.
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................2 Comparing the functions and characteristics of manager and leader..........................................3 Role of a leader and functions of manager in different situations...............................................4 Application of various explanations and models of leadership approach....................................5 Formulation to operations administration and role of manager and leadership...........................6 Operations management objectives to be achieved....................................................................7 CONCLUSION................................................................................................................................8 REFERENCES................................................................................................................................9
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INTRODUCTION Management is a process of arranging activities in optimal way to accomplish tasks and achieve targets with the help of effective organizing, planning, controlling, directing and staffing functions. Operations management includes utilization of resources with the help of using material,staff,technologyandequipments.Itishighlyimportantwithinthebusiness organization in order to manage effectively, control and supervise goods, services as well as people (Perakis, 2020). The management and the leaders are the biggest asset for the company like Barclays. The company expands their business in the market area with the help of effective management and operational activities. The Barclay is the financial service organization which provides funds to the people of the UK. It is basically a kind of universal bank provides services like wealth management, banking, credit facilities, etc. The report will consist the concept of roles and characteristics of manager and leader in different situational contexts with the help of different approaches and theories. This report also highlightsthethoughtofvariousapproachestooperationsmanagementalongwithits importance and value in order to achieve business objectives effectively. MAIN BODY Comparing the functions and characteristics of manager and leader A leader is a candidate who tries their maximum in order to motivate the employees of the organization to move all of them towards the correct direction. The basic purpose of the motivation provided by leader to the employees is to enhance the productivity and overall performance of the candidates working in the company. It is defined as an ability which leads the overall system and from different staff members (Thomé, 2018). In an organization such as Barclay, the role of managers and leaders are different at different level in various departments. Both the leader and manager have different functions which ultimately help the organization to grow in positive direction along with achievement of customer satisfaction and felicity. The manager is responsible for managing the work in each and every situation. Manager shows the correct direction to their employees to walk on and help while increasing objectives and goals of the company. Manager is a person who is responsible for motivation and supervising the employees and to provide directions to the organization.
Different roles by manager and leader LeaderManager The role of the leader is that to take whole organization as a whole while doing the tasks in order to enhance the profitability of the company as well as to achieve organizational goals. Each and individual employee has to work together in a team or group to achieve the objectivesandbringsuccesstowardsthe company (Johnsson, 2017). The leader has to take caution about the work that it should be conducted by the members of the team towards the right direction and whether the company is getting any benefit from the activities or not. The major and basic role of the leader is to analysethebehaviouroftheemployeesat different level. Leaders of the Barclay give guidance to the employees of the organization to work in proper manner so that the staff membersareabletoenhancethebusiness image in the market and continuous improve at many stages. Theroleofthemanagerswithinthe organization is to manage each of the activity that are ongoing in the workplace and to ensure the continuation of tasks in the company. The manager of Barclay had to coordinate with each individual and also to take care of the assignedworktotheemployeesofthe institution.Manageristheonewhoare responsible to take complete care about the day todayactivitiesalongwiththeoptimum utilization of resources, activities and many more. The managers of the Barclay have to provide direction to their employees in order to maketheactivitiescompleteinappropriate way and within the stipulated time frame. In banking sector the accountability of time and costishighlyefficientandrequiredfull concentration and focus of employees. So, in order to achieve pre-defined goals of business activities, the Barclay managers ensure to give their 100% towards the completionof task efficiently (Dutta, 2017). The characteristics of the leaders of Barclay's are that they are significantly honest, confident, creative, motivator, caring, good communicator, good decision maker and highly committed towards their work. While the manager of the Barclay shows certain characteristics i.e. empathetic, responsible, having positive attitude, patient, responsible, reliable, specific and flexible in order to manage the employees of the organization (Strnad, 2019).
Role of a leader and functions of manager in different situations The role of a leader in organization is to take efficient decisions and provide motivation to the employees of the company. The decision is being taken after complete analysis of the market the latest trends and conditions (Bertoncelj, 2019). The administration can go through numerous situations such as stable, fast and slow. Moreover, there are various leadership styles that are being applied in the Barclays. In different situations the role of leader and function of manager are applied differently in the company. Different situations described as: At the situation ofsolving issues,Barclay company has its unique way of addressing problems. In any problem the managers of the company do not interfere directly rather than they just follow the standard process to resolve any issue (Jeyakumar, 2019). Due to this the approach of manager towards the issue leads extra time. On the other hand leader of the Barclay in the same situation involves on personal basis because the ultimate goal of the leader within the organization is to resolve the issue on priority basis. They get involved personally in both the external and internal issues that are associated with the business activities. Personal involvement of leader makes the whole procedure faster and it further helps in resolution of problems quite sometimes prior to the turning around time duration. At the situation ofchange managementin the Barclay, managers never proceed for any changes if it is not immediate for the betterment of the organization. Managers believe in long termchangeswithinthebusinessentity(Nétek,2019).Managersnevertakeriskwhile addressing change management on behalf of the Barclay company. Moreover, they are only involved in conveying the change that are going to be implemented in the company, but they are not at all involved in conveying the change to be implemented. On the other hand, leaders plays dominating role every time changes occur in the company (Zaccaro, 2018). They like to take risk at the time of changes occur in the company. Leaders of Barclays do believe in long term and short term changes which are in the favour of the employees and the company as well. In context of Barclay company, the leaders are usingsupportive leadership stylein order to form the work efficient. In this style, the employees are being backed up by leadership to make the work done in appropriate ways. The decision can be taken by the company leaders on the basis of requirements and perception of the team members which ensures the achievement of
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the pre-defined objectives of the Barclay. The tasks and projects within the company has been divided on the basis of talent and skills of individuals to get the desired outcome which is ultimately beneficial for the company. There are various changes arises in the internal and external business environment (Hales, 2019). The internal changes describe the changes within the company which helps the company in order to enhance the profit share and to sustain their position in the competitive environment while on the other hand the external changes include the changes that are not in the control of the company which includes the political, environmental, social, technological, legal and economic changes. These alterations bring new possibilities for the business concern in which leaders have to plan accordingly to avoid any risk. Similarities between roles of leaders and functions of managers in Barclay Managing and leading are the are two complementary and parallel qualities that are connected to each other. Disconnecting one from the other are next to impossible within any organization so as in Barclay as well. Leaders of Barclay inspire and motivate their employees whereas managers are responsible for planning, organizing and controlling those tasks for which the leader motivate their employees. Leader motivate their employees in order to set bigger and long distant target and manager connects all the pieces of the daily puzzle all together. Leadership roles by the leaders of Barclay has been done in order to getting people to believe in the vision that has been set for the firm and to work with the employees in order to achieve those goals while the managers are responsible for administering and make sure about the daily activities that has been done in order to help in achieving those goals with the proper combination of leaders as well as managers advices. Application of various explanations and models of leadership approach Leaders in the company helps the employees in motivating them after analysing their needs and demands (Cepel, 2019). However, the leaders also have to take decisions after the evaluation of external environment as well in order to make the Barclays profits from such kind of changes. The leadership styles are classified into different categories. The styles that are being chosen by the Barclay in order to maintain the leadership efficiently within the workplace. Various styles that are being adopted are:
Situational leadershipis a kind of activity in which the leader divides the work activities according to the skill and talent of individual employee. (Decisions) has been taken by the leaders of the Barclay after analysing the situations happening within the organization. With the help of this theory the leaders are able to find out the best answers and able to face the questioning that are arises within the company in order to fulfil the desires of employees or solve their issues according to the situations. The leaders give solutions in different manner to different employee after analysing the issues in detail.There are various factors available in the industry which can influence the organization negatively (McManus, 2018). For instance if there is any conflict arises in the organization, then the roles and responsibilities of individual has been changed accordingly. Such kind of decision taken by leaders helps in solving the conflicts on time and also in completion of project within prescribed time frame. Systems leadershiphas the qualities through which the leaders able to focus directly on results rather than procedure of completing the task. These types of activities are being planner earlier and the ultimate results have been matched with the desired outcomes. Barclay is the largest financial company having various departments and each department have their own goals and objectives pre-defined by the leaders (Suyono, 2018).It is a group of skills and abilities than an individual or the whole establishment utilises to enable and support the complete procedure of system level changes within the organization. System leaders in the Barclay apply this style of leadership into their working where collection of skills and attributes are required in order to take large scale actions for system change within the work place. Contingent leadershipis a kind of theory which centring on the assorted situations originated in the Barclay. Randomly issues have been picked and solutions are being found by the leaders of the company Barclay (Riaz, 2018). This particular strategy has been used by the team members of the organization in order to find out different paths to achieve organizational goals.This leadership style suggests the matching of best leader towards any specific situation which is based on situational aspect and the leadership style.According to business leaders within the Barclay, leadership styles has been utilised on the basis of situations. It is basically a combination of a leader own specific style of working and
leading people along with the requirement of alteration within that style according to the complete evaluation of the whole situation. Formulation to operations administration and role of manager and leadership (Approaches) has been used by the company Barclay in order to realize the business activity direction in better ways. These approaches assist while examining the state of affairs in the institution and take actions accordingly. Various kind of approaches are: Just in time approachis basically focuses on the production method within the Barclay.With the help of this approach the leader ensure the completion of production process on time with the completion of set marks. The JIT concept is about on time arrival of materials when needed and not on time accomplish of task.While the managers assist in acquiring the outcome which are set earlier via planning (Akhmetshin, 2018). The process can become just in time with reducing the wastage of resources and with optimum utilization of resources. In addition, the machines are being taken care to make the fabrication correct with the desired outcomes or results. Total quality managementis the procedure which helps the leaders and managers at the time of planning for a long period in order to achieve success. The success helps to sustain the Barclay for longer period in the market and helps in earning the profit (Walls, 2019). It also helps in maintaining the quality along with the price of products and services offered by the Barclay company.The role of leader within the Barclay is to motivate the employees in order to complete their work within the estimated time duration so that the quality of products has been sustained while the managers have to ensure the completion of work accordingtotheleadersdelegatedworkwithinpre-definedtimedurationbytheir employees along with maintenance of the quality of goods and services offered. Lean productionis the theory which illustrates that this the best method in order to use within the organization to get desired results or outcome. There are various factors that has been affects the final outcome. One of the most crucial factor which helps to get the desired outcome is to reduce wastage and do optimum utilization of resources up to the maximum level or potential. The managers are responsible for make the employees aware about the efficient and
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optimum use of resources and to reduce the wastage (Han, 2018). With the help of this method, the Barclay improves the productivity of the work and also help the employees to enhance or improve their skills. The role of leader within Barclay is to provide guidance to their employees and describe them the ways in which they achieve the situation in which the resources has been utilized optimally. Operations management objectives to be achieved In the Barclay, the value and importance of operations governance are to be appreciated by the managers and leaders in order to achieve the desired outcomes. In order to accomplish commercial enterprise objectives, Barclay uses certain measures in order to achieve business objectives: Enhancing revenue: The operation administration helps in increasing the magnitude relation of the profit. Increasing profit helps the organization in expanding the business in various areas and to capture another segment of the market as well (Shang, 2017). With the enhancement of profit margin, the Barclay is able to set new targets and effective strategies in order to achieve them. Trends in the market: With the continuous enhancement in the trends within the market space, company have to adopt certain measures which identifies changes continuously in order to sustain in the competitive world. These changing trends are important to achieve the position and work in order to attain the same. The Barclay also have to take steps according to these trends only so that the products and services has been produced in a way which satisfies the desires of consumers (Basheer, 2019). Moreover, it also resource in holding the employees working within the company for the longer period. Resource Utilizationhelps to achieve customer satisfaction. Companies should use their resources effectively and efficiently in order to sustain the level of resources for the usage of future perspective as well. Operations management give more emphasize on the resource utilization in order to reduce their losses and enhance their benefits while reducing the waste and to make the maximum benefits for the company. Customer serviceis another key element for operations management in order to ensure customersatisfactionthrougheffectiveoperations'managementpractices.TheBarclays
operations performance objectives mainly gives emphasize on the four aspects such as quality, cost, dependability and flexibility. Internal factors of the Barclay company which has impact on managerial decisions The internal factors impacts the internal environment of the company and thus completely in control of the business organizations which impact the success for the business activities. The role of Barclay's leadership is an important internal factor which affectstheorganizationwhiletakingdecisions.Theleadershipstyleaffectsthe organizational culture. Some cultural implications within the Barclay are: Value of employees The nature of candidates working Effectiveness of communication level Another factor isstrengths of employeessuch as if the employees are motivated, hard- working and talented. Then the company will able to produce better results as compared to unmotivated organization. Innovationalso helps the organization to keep up in their working in front of their competitors. Innovation majorly comes in the form of marketing and their innovative strategies within the Barclay. Lack of innovative ideas can generate risk for the company. Financial structureof the company is also acted as one of the internal factor that does affect the decision-making ability of managers of Barclay. For instance, changes in interest rates and being overly dependent over one customer could affect the overall business activities. External factors includes: Political and legal changesaffects the decisions of the Barclay taken by the managers and leaders. These alterations are the changes which are made in the logical argument being
obligatory within the organization and impact the preparation that is being done in the Barclay (Abutabenjeh, 2017). At this time, the leaders has the role to predict the future changes and managers fulfil its roles by managing and arranging the resources.Political factor that impact Barclay is that it affects its constancy and significance of foreign money centre banks sector within the country’s economy. Economic statusis a factor in which resources of Barclay help the leaders and managers in order to make correct plan of actions and to business towards the proper direction (Wolniak, 2019). The determination accompanying to the cost of the product and services offered by them to their customers and the investments done in Barclays are being affected by the profit and cash flows within the company.It highly affects the inflation rate, interest rate, saving rate, foreign exchange rate along with economic cycle that determines the collective demand and combined investment within the economy. Environmental factordoes affect the resources of the company within the Barclay are their manlike beginnings and production material. These resources are organized and managed in proper way in order to take its appropriate usage and to take the correct decision. The productivity and performance of the employees affect the operational management and decision within the Barclay which ultimately does not affect the environmental surroundings in bad manner.Before entering into new market, Barclay effectively evaluate the environment factors which highly affect the firm such as weather, recycling abilities, air and water pollution rules and regulations, laws regulations related to environment, attitude towards renewable energy and many others. Social trendsalso act as a factor as these trends are the ones that has to be analysed in the market properly and helps in evaluation of the desires of the consumers and the organization as well. The market trend if analysed properly bring success in the company and also acts vice-a- versa (Wolniak, 2019).Society’s culture and the methods of doing things impact the overall culture of Barclay in highly appropriate manner in an environment. In such way barclay’s company is abke to understand their consumers from given market and they design the marketing messages for foreign money centre banks industry customers. Technical changesarises within the outer environment on each new day. These changes has been adoptive by Barclay at the time when the leadership and administrators predict the changes that needs to be occurred within the company and at the time of development of plan for
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the future terms (Kaiser, 2018).Barclay did various technological enhancements in order to promote this factor as the technology highly affects on the products that has been offered by them within the society. It also impact on value chain structure in the financial sector. Stakeholderincludes consumers, providers, capitalist, etc. The investors are the persons who did investment in only when they get craved outcome in terms of coveted involvement and profit to be earned. CONCLUSION From the above report it has been concluded that the company Barclay uses centralized organizational structure in order to distribute the tasks and power among the employees of the institution.Thepowerisdividedamongthestaffmembersaccordingtotherolesand responsibilities of individuals. The roles of leaders and functions of managers are being described within this report is through the different theories and models which are utilized in the system Barclay. The importance of operations management has been effectively analysed within thecompany.Withtheefficienttheories,approaches,valuesandmodelsofoperational management, correct decisions are taken by the leaders and managers of the Barclay which ultimately helps in enhancement of profits. And due to the correct decisions taken by them the company is able to grow well and earn maximum profit. Finally, with the completion of report it has been analysed that the relationship between leaders and managers affects the business internal environment. Also, there are various factors which also affects the decision-making behaviour of the leaders and managers along with the operational management activities.
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