MANAGEMENT AND OPERATION INTRODUCTION 1 TASK 11 P1 Role and characteristic of leader and managers 1 P2 Role of leaders and function of managers apply in different situations | 2 P3 Theories and models of leadership 3 TASK 25 P4 Key approaches to operation management 5 P5 Significance and value of operation management 6 P6 Factors that impact on business environment 7 CONCLUSION 9 REFERENCES 10 INTRODUCTION Operation management is the managerial areas which are responsible for the designing, planning and
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MANAGEMENT AND OPERATION
Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1 Role and characteristic of leader and managers.....................................................................1 P2 Role of leaders and function of managers apply in different situations................................2 P3 Theories and models of leadership........................................................................................3 TASK 2............................................................................................................................................5 P4 Key approaches to operation management............................................................................5 P5 Significance and value of operation management.................................................................6 P6 Factors that impact on business environment........................................................................7 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10
INTRODUCTION Operation management is the managerial areas which are responsible for the designing, planning and execution of the business activities. It is the tool that assist in converting the input into desired output. One of the key objective of the business is to utilize resources well without compromising with the quality (Antony and et.al, 2016). This principle supports the corporation in satisfying needs of consumers and enchaining profitability of the organization. Current report is based on the Marks & Spencer. It is the number one cloth retailer of United Kingdom. It offers quality fashionable cloths to consumers. Current study will compare role and characteristic of leaders and mangers. It will apply theories and models of situational, system and contingency leadership (Antony, 2014). Furthermore, it will explain significance of operation management in achieving business objectives. In addition, various factors which affect operational management will be described in this report. TASK 1 P1 Role and characteristic of leader and managers Manager is the person who takes charge to manage the business activities in the company. Individual is the responsible person for controlling and administrating the operations. On other hand leader is the employee in the organization who leads the group of people in the workplace (Blum, 2015). Leader has high degree of power to influence others. Managers and leaders both are essential part of business unit. They play significant role in the corporation. Marks and Spencer is the leading retail firm which operates its business across the world. It is essential for the firm that managers and leaders both perform their duties well and contribute wellinaccomplishingobjectivesoftheentity(BoltonandThompson,2015).Roleand characteristic of managers and leaders in M&S are as following: Role and characteristicLeadersManagers FeaturesLeaders of M&S always pays more attention on innovative ideasandcreativity.They think unique and always try to complete the task with the help of these unique ideas (Griep Managers can not take support ofinnovativeideasbecause theyareboundtofollow instructionofhigher authorities.Theyhaveto complete the task as per t set 1
and et.al, 2016).process. ConcentrationLeadersconcentrateson leading people and motivating them, so that employees can perform their duties well. ManagersofMarksand Spencerconcentrateson management of employees so that if they have any issue so managercanresolvethem (Hatch and Cunliffe, 2013). Vision and missionLeaders work to achieve long term vision. Managersworkformeeting the short term objectives. They make short term goal as per the currentsituationofthe business. ValuesLeaders motivates the workers so that they feel comfortable and perform their duties well. Theygivemorevalueto achievement rather than results (Henkin, 2016). Managers works for different values, they pay attention on results. TargetsLeaders of Marks and Spencer set activities in a manner so thatfutureobjectivecanbe achieved.Theydevelop coordinationbetweenteam memberssothattheycan perform well. Managers of M&S work for maintaininghealthy environment in the workplace. 2
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