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Management and Operations Assignment - Abbott Risk Consulting Ltd

   

Added on  2020-10-05

17 Pages4769 Words277 Views
MANAGEMENT ANDOPERATIONS

Table of ContentsTASK 1............................................................................................................................................3P1: Different roles and characteristics of a leader and a manager ........................................3M1: Analyse and differentiate between the role of a leader and manager by the application ofvarious theories.......................................................................................................................5D1: Critically analyse and evaluate the different theories and approaches to leadership......5TASK 2 ...........................................................................................................................................6P2: Role of a leader & the function of a manager apply in different situational contexts....6P3: Theories and models of approach...................................................................................7M2: Analyse the strength and weakness of different approaches..........................................8TASK 3 ...........................................................................................................................................9P4: Explain the key approaches to operations management .................................................9P5: Importance and value of operations management..........................................................10M3: Evaluate how leader and manger can improve efficiency of operational management tomeet business objective........................................................................................................10D2: Evaluate operations management and factors that impact business environment.........11TASK 4..........................................................................................................................................11P6: Factors within the business environment that impact upon operational management ..11M4: Analyse different factors that affect the business environmental.................................13CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................14

INTRODUCTIONManagement and operation includes planning, organizing as well as supervising theprocess of production and manufacturing of goods and services. Here, organisation createshighest efficiency by converting raw material or resources into desirable output. In this reportdiscussion will be made on Abbott Risk Consulting Ltd which has developed an internationalreputation for its engineering, safety and risk management services. This report contains topicslike different role and characteristics of leader and manager and application of the role of leaderand manager in different situational context. Furthermore, discussion will be made on keyapproaches to operations management and importance and value of operation management inachieving business objective. Lastly, discussion will be made on various factors within businessthat impact operational management and decision making by leader and managers (Al Shobaki,Amuna and Naser, 2017).TASK 1P1: Different roles and characteristics of a leader and a manager Manager: Manager are one who manages and control the management as well asworking of organisation in order to fulfil objectives of company. They have expertise knowledgeover their field due to which they support organisational system by delegating responsibilities toemployees at various level of organisation.Role of manager: The manager of respective company formulate future plans as well as strategies for theprofitability of company. Additionally, managers role is to make sure various function like operation andmanagement function are carried out in an appropriate manner to attain the objective oforganisation (Clarke, 2012).Characteristic of manager : Managers are imaginative thinkers due to which they formulate effective decision andpolicies by benefiting both management as well as employees.Manager of Abbott Risk Consulting Ltd remain committed towards the success oforganisation due to which they control the operations of respective company.

Leader: Leader conduct activities like mentoring and training to motivate its employeesin order to achieve the target of organisation (Czarniawska, 2012). They basically set the goalinspire othersand evaluate their performance effectively. Role of leader : Role of leader in Abbott Risk Consulting Ltd is to motivate the employees to performtheir task on the basis of need of corporation. Another role includes resolving conflict or issues within team mates to maintain theirefficiency and productivity.Setting clear vision about the purpose of organization and influence employees to acceptthe changes by fulfilling their personal as well as organization objective (DRURY,2013).Characteristic of leaderLeader has an ability to lead the whole team in favour of organisational goals.They have problem solving skill due to which they makes a good bond with theirfollowers to face complex situation significantly. Difference among leader and managerBasisManagerLeaderMeaningManager basically managesand control overallmanagement of organisation(Dutta, and et.al., 2013).Leader influences thebehaviours of employees bymotivating them to attain theshared objectiveFocusesThey focuses to plan, manageas well as control managementactivities of respectivecompany.Their main focus is toencourage the team membersto work according to theobjective of organisationRoleThe role of manager withinAbbott Risk Consulting Ltd isto manage the operations ofselected company to achievethe targets of organisation. Their role is to encourage staffto make them feel confidentand carry on task on the basisof desires of respectedcompany.

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