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Management and Operations Assignment- Hyundai

   

Added on  2020-06-06

14 Pages4547 Words122 Views
MANAGEMENTANDOPERATIONSsituational

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Comparison of different roles and characteristics of a leader and a manger.........................1TASK 2............................................................................................................................................2P2 Role of leaders and function of managers in different situations..........................................2P3 Theories and models of approach..........................................................................................3TASK 2............................................................................................................................................5P4 Key approaches for operations management and role of leaders and managers in Hyundaicompany......................................................................................................................................5P5 Importance and value of operations management in Hyundai for achieving businessobjectives....................................................................................................................................6P6 Factors which have an impact on operational management and decision-making by leadersand managers in Hyundai company............................................................................................7CONCLUSION................................................................................................................................7

INTRODUCTIONManagement and operations helps a company to design and manage new chance variableso as to get maximum performance. Their main duty is to deliver final goods and services totheir customers. Department's prime work is to convert raw materials into finished products sothat they can increase their revenues and profits (Akkerman, Farahani and Grunow, 2010).Leaders and managers are the most important elements in any organisation they both motivatetheir team members so that they give their best in the task they are performing. Hyundai is a bigcompany who manufacture cars like Sports cars, luxury cars, high performance cars etc. Thisreport includes different role and characteristics of leaders and managers which influence thefellow mates to perform in a better manner. New concepts and approaches which are adopted bythe company are also mentioned in this assignment. TASK 1P1 Comparison of different roles and characteristics of a leader and a mangerLeaders and managers both are very necessary for any organisation. Leaders are the onewho take their team along with him/her so as to achieve goals and targets in given specific time.Managers can be said as a person who manages and accomplish all the task given to them. Bothuse certain tools and techniques which assist them in performing in a better way. From the givenscenario it can be evaluated that the person has joined his first job six months back he wasmanaging the whole work even after all his team mates have gone home. This shows that he isnot being able to handle his team properly and task which was given to them was notaccomplished on time. Some of the traits of leaders and managers are given below which heshould acquire so that he can manage his work properlyRoles of a leader:Builds a Team: Leaders are the one who leads his team from the front. In anyorganisation their role are very important to perform any work. They motivates and encouragetheir teammates so as to accomplish their task in a given time period. Leaders must balance therelationship between other co-workers so that there is mutual understanding amongst them. Thisassist them to become more productive in nature that gradually enhances their business (Barratt,Choi and Li, 2011). So, it the prime duty of leaders to explain all their objectives and goalswhich they want to acquire. 1

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