INTRODUCTION...........................................................................................................................1 TASK 1............................................................................................................................................1 P1 Difference between leaders and managers........................................................................1 TASK 2...........................................................................................................................................3 P2 Role and functions of a leader and manager in different situations..................................3 P3 Situational leadership, systems leadership and contingency leadership...........................4 TASK 3...........................................................................................................................................4 P4 Key approaches to the operation management..................................................................4 P5 Importance and value of operations management in achieving Business objectives........1 TASK 4...........................................................................................................................................2 P6Factorswithinthebusinessenvironmentthatimpactoperationalmanagementand decision-making.....................................................................................................................2 CONCLUSION...............................................................................................................................4 REFERENCES...............................................................................................................................6a
INTRODUCTION Management and operation is a well defined business practice which is performed by organisations in order to gain high level of efficiency in the organisational function. This function includes converting raw materials And Labour force into finished products and services astogainmaximumamountofprofitability.Whileoperationmanagementholdsgreat responsibility to make sure that all the activities are conducted as per according to plan in order to accomplish timely delivery of work (Boyd and Dougherty, 2016). Operation management in an organisation is one of the most important factor that helps organisation to ensure that projects within company are conducted in successful manner there are different types of activities included in this process that are distribution of goods and services, and management of process that are mainly related to production and distribution present report has been conducted on British multinational grocery is retailer company Tesco which is headquartered in England, UK. Organisation was established in 1990. In this report format of discussions has been made on leaders and managers roles and responsibilities. Along with this project include different types of theories the help of accomplishment of organisational goals can be effectively done. TASK 1 P1 Difference between leaders and managers Operation management is related with managing the flow of working while communicating and collaborating with all the departments in an organisation to run a business successfully. Following reports is based on TESCO company, which is the highest retail and groceries stores that have expanded the business across the globe.The basic difference between leader and managers is the traits and skill which an individual possess to create a working environment. Leader:An individual which have good communications skills that leads, a group of people and motivate them to complete a specific task at scheduled time. Leader have both decision-making and authority power, while achieving short term and long term goals of a business. 1
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Manager:A manager is the person, who manages the workforce in the organisation. The key role is to distribute the responsibilities and authority to each individual so that they can present their innovative idea while performing the task. It helps in building, cordial relation with other employee in a work culture. Leaders and managers of TESCO, adopt different approaches while performing and completing the specific task required by the management of the company. Mentioned below are some difference between leaders and managers: Basisleadermanagers GoalsAleadercansethigher innovativegoalswhile communicatingeffectively with other individual (Plesser, 2014). A manager has a specific short and long term goals set by the management of the particular company . SkillsThe key skills of leader is to take higher risk, should have the listening power and create positivevisionfor accomplishment of goals. The traits of manager is they havedecision-makingpower, solve the problem and manage the workforce effectively in an organisation Roles and ResponsibilitiesThe role and responsibilities of leaders is to have clear, crystal communication in the team to produce the flow of working to achieve goals. Also motivate their team members The manager has to manage theoperationfunction, estimationofmanpower requirement,handling administrative departmentsin any company or firm. AuthorityTheleaderhasallthe authorities, when the work is beenperformed.Theteam membershastofollowand report to their leaders. Themanagerdistributesthe authoritypowertoeach individualinagroup depending on the assigned task and scheduled time. 2
As per the above table assessment, it has been analysed that some differences between a leader and manager of TESCO on the basis of the risk taking capabilities and generating innovative idea for successful growth and using competitive advantage for business. TASK 2 P2 Role and functions of a leader and manager in different situations The managers and leasers who are working in a large organisation have to deal with different situations in order to achieve their set business goals and targets. Tesco is having their operations at large scale thus they had to deal with different kind of situations which can affect their operational activities. There are different situations which can arise at work p[lace such as employee engagement, resolving conflicts etc. The role played by leaders and managers in order to handle different kind of situation at work place are evaluated below as: Employee Engagement:The engagement is building a cordial relationship between employee and the management of any organisation. The growth of relation in employee- employee, employee-employer, employer-employee at individual and group level in work environment. This gives an impact on the productivity of any business. In regards with TESCO, the role of leader and manager are very different. For instance, the leaders support and guide each individual if the problem arises in the flow of operation while improving their quality of work, also provide the accurate information through clear communication to the members in a team. On the other hand, manager, basic role is to distribute and manage the allocation of resourceswithoptimalutilisationoffactorofproductionswitcontextofland,labour, machineries and many more. The other role, is to create a culture where employee feel safe, motivated for performing a task (Fan and Zhang,2015). Beside from basic salary, the management should provide monetary and non-monetary benefitswhich will give a financial assurance to the layman in return of their efforts they are producing in working environment. Conflict Resolution:This is described as the state of disagreement among all the members of the group as they are not happy with the actions and the thinking of the other members who are there in the group. Tesco is having their operations at a large scale thus they are having conflicts among their employees. The management of conflict is described as the process in which all the members who are having conflicts come together and they share their problems in order to solve the problems thus giving an end to the situation. The leaders of Tesco had to take 3
responsibilityinordertodevelopfriendlyenvironmentamongthegroupmembers.The employees in an organisation come together and work from a different background and culture thus there should be programmes organised in order to provide training to their employees thus minimising conflicts. Managers should formulate plans in order to resolve conflicts in effectual manner thus making employees happy with the working of business. There should be plans formulated in order to identify the reason behind the conflict and then there should be open communication among all the members in order to find out the main reason behind disagreement among all the group members. All member of the team should follow the rules and regulations in order to develop healthy environment at work place. Leaders at the work place plays the role of mediator in order to solve the difficulties which are faced by workers at Tesco. P3 Situational leadership, systems leadership and contingency leadership Situational theory of leadership:In this leaders are required to effectively consider situations as to undertake effective measures to overcome them. With the help of this skill leaders can able to modify working pattern in order to gain effective outcome. Thus, with the assistance of analytical skills leaders can select best effective leadership style in order to accomplish organisational objectives in flexible manner. Contingency approach of leadership:In this type of leadership approach leaders are required to control situations in order to control them on effective manner. Within this leaders are required to have clear set of objectives in order to guide employees towards task in an oriented manner. Systems leadership:In this form of leadership, leaders effectively transforms different types of organisational functions into system. As an organisation include different types of component within it that are fixed assets, equipments and information. Thus by treating organisation as a formative system leaders can effectively able to accomplish organisational activities in best effective manner. TASK 3 P4 Key approaches to the operation management Operation management is evaluated as the best practice of business which is linked with developingefficiencyandeffectivenessinanorganisation.Thisfactorislinkedwith development of labour efficiently in order to maximise the sale and profitability ratios of 4
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business. The team of operation management has the responsibility in order to keep a balance between the operating cost of the company and the revenues earned by them. Tesco is executing their business activities at international level and they are offering products to customers according to their requirement. The firm has developed plans in order to utilize the resources of the company in an effective and planned manner thus earning high profitability ratios. The productivity of firm has also improved because of effective us of business resource. The main approaches off operation management are evaluated below as: Lean production:This approach is described as s method of systematic manufacturing in which there is major focus on minimising all the wastage and enhancing the productivity and maintaining the quality of the overall products produced.This is the best method if firm wants to reduce their cost value and increase the value of the products which are designed by them. This approach requires effective involvement of all the workers in order to ensure minimal wastage thus making improvement in the working plans. The plans are also developed in order to ensure that there is proper communication among all the employees thus enhancing productivity. Just-in-time:This is described as the inventory management system in which the raw materials are aligned directly from the those who are supplying the materials according to the production scheduling. This strategy is used by business in order to reduce the waste thus increasing business efficiency of producing goods. This strategy is of advanced and high technology which results in scheduling and planning of various software’s which are useful in transformation process. There is schedule developed for every project and manger sets the deadline accordingly. Six Sigma:It is a technique, used for improving the quality of the product which are already launched in the market and attaining sales profits for the company and help in increasing shares. While sustaining the business in cut throat competition every organisation has to create a balance between price set of goods and increasing customer expectations by providing a quality in after sale services. In reference with TESCO, the management has adopted this strategy for improving the characteristics of commodity, generating the new leads by attracting potential buyers, which will create a sense of loyalty towards the company. This systematic step, build an opportunity for developing an effective customer relationship and also help to explore the business at national and international borders. 5
Rolesofmanagersinoperationmanagement-Themainroleofmanagersinan organisation is linked with making the employees familiar with the working environment by taking an induction section which states the brief about how the working will going to be executed at work place. Thereafter managers send the working of the employees to their respective team leads in order to ensure they are doing the right work at right time thus achieving the goals and targets of business effectively. Roles of leader in operation management- The main role of leaders at the work place is related with developing friendly environment at work place, decision making programmes where employees can share the problems faced by them This helps in ensuring productivity at work place. 6
P5 Importance and value of operations management in achieving Business objectives. Operation management is the area where controlling, creating a systematic framework for performing a work and merge all the managers in decision- making process, in context with managing the flow of raw materials for converting them into quality finished goods. They also focus on estimating the manpower requirement, stock inventories, requirement of updating the used technologies giving training to the staff for improving their performances. In reference with TESCO, the management have adopted various values which plays an important role for running the business effectively and are mentioned below: Optimal utilisation of resources:The resources are key element that produce the effective result for growth of business (Williams, 2015). In context with TESCO, the managers play an important role in allocating each resources efficiently in the work culture, so that it should not influence the flow of operation in the business. Improvement in productivity:The production department, give major emphasis on the result of profitability any organisation. In regards with TESCO, the management focuses on the quality of goods that should be delivered to the consumer. Mostly, the planning is being conducted at every level for improving the quality of product on the basis of feedback given by the existing customer. This process, will increase the satisfaction level of the individual who are consuming the product, also help in attracting new potentials buyers which in turn increase the market share. Planning and Forecasting:The planning and forecasting give an idea to the management in dealing with requirement of manpower, flow of funds, use of technologies and stock of raw materials to be gathered for the flow of operations in any organisations. In reference with TESCO, the managers collaborate and effectively communicate in a systematic manner for planning, taking into consideration the cost incurred for labour and manufacturing the raw material to be used. Maintenanceandreplacement:Theoperationmanagementmajorlyfocuson maintaining the technologies and equipment’s used in an operations. In reference with TESCO, the managers give emphasis on maintaining the technologies and repairing the failure in tools 9
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with minimal wastage of raw material. This will help the company to create a healthy environment in the world. TASK 4 P6 Factors within the business environment that impact operational management and decision- making. Business environment includes different types of factors that exist in internal and external environment that directly and indirectly affects organisation towards affecting decision making process. Mentioned below there are some certain internal and external factors: Internal factorsIt include essential element with the help of which board official members frames effective Framework that will impact on organisation working culture. There are different types of influencing factors that lead towards affecting decision making and operation management of organisation. Shareholders:shareholders are owner of organisation as the investor within company in order to gain maximum outputs. In context with Tesco, organisation of a policies and guidelines for the share holders in order to formulate decision making in best effective manner. With the help of this company attract attention of their shareholders towards gaining more shares in market. With the help of this organisation can effectively able to manage their operation management and can gain more liquidity in their funds. Employees:employers are one of the most essential elements in an organisation as they effectively contribute within organisation to accomplish objectives in best effective manner. Thus, Tesco organisation engaged employees in the process of decision making as to increase sense of belongingness within employees towards company. This further helps company to retain their employees for long term and use their expertise and experience towards organisational growth. Corporate culture:Culture includes essential factors such as believes, trust and norms all these elements are required to be effectively followed by employees. Tesco managers are required to formulate transparency in its working culture within which their workers can effectively perform their roles and responsibility. This will further increasing organisation profitability and can help them to make best decision. 9
Corporate ethics:ethics include moral values which are required to be abide. Tesco managers made their employees work in a positive culture with the help of which they can increase positivity in their behaviour. This will further leadtowards creating better workplace structure that facilitate high production ethics in decision making process helps leaders to treat all the employees without discriminate them on any ground. Corporate social responsibilities:responsibilities within these factors include roles that are played for society welfare and towards development for economy. Tesco performing operations with corporate social responsibility uplift organisational values in Marketplace. In addition with this with the help of CSR company can produce the goods and services in eco friendly manner. This will help to organisation to safeguard customer health as well as environment. This factor affects decision making process in organisation and government. External factors that includes those factors that are imposed through external environment mention below these factors are define Political factorchange in government via election process introduces new legislations and policies that are required to abide (Han, 2017). As Tesco is a multinational organisations and perform their operation in National and international level. Thus, they require to implement political factors in the decision making process as this may impact on their operation and project management. Thus with effective consideration of political factors may lead company towards ensuring long term sustainability. Economic factorelements within this include interest rate, tax rate and more these factors lead towards affecting Tesco organisational culture. Thus, company is required to formulate strategies with the help of which they can gain advantage of relaxation in borrowing, lending and taxations. Social factorsin this there are different types of elements that our tradition, culture and behaviour of population. All these factors affect organisation decision making in combine manner. Thus, Tesco is required to effectively considers behaviour and values of society as to effectively perform their organisational performance. 9
Technological factorwith the advancement in technology there are regular updating in this segment that it was affecting company decision making process. Thus, Tesco is required to adopt Advanced Technological measures in their working culture as with the help of this company can facilitate smooth process of company while ensuring the employees efficiency in context of utilising Machines. CONCLUSION As per the above mentioned report it has been concluded that operation management acts as a most important elements for an organisation for their growth and development. In order to effectively manage all the functions leaders and managers enumerative responsibilities are hold by them. In addition with there are different types of factor in micro and macro environment that impact on organisation overall performance and can impact decision making functions. As it are the important responsibilities of managers to make that decision by analysing organisation resources activities and strategies in an organisation’s. Leaders are responsible to encourage individual towards high growth and accomplishment of goals and objectives in well defined manner. Along with this report cover different types of theories with the help of which organisation can effectively able to perform their functions as to gain more developmental growth. 9
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