This report discusses the roles and characteristics of leaders and managers in an organization, with a focus on General Electric. It also explores management theories and the difference between hard management skills and soft leadership skills.
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MANAGEMENT AND OPERATIONS 1
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INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................4 Roles and characteristics of leader v/s manager..........................................................................4 CONCLUSION................................................................................................................................8 REFERENCES................................................................................................................................9 2
INTRODUCTION Operations management is defined as a study of business activities and practices in order to evaluate information related to working manner of employees as to ensure accomplishment of task time effective manner. It is a process in which labour resource and raw materials get converted into finished products with an aim to generate value from them (Caniani and. et. al., 2015). This process of transformation allows entity to accomplish their goal of earning high profitability and consumer base in a well effective manner. Present report has been conducted on General Electric. Company operate their functioning as renowned organisation in USA with having strong culture of shaping leaders from within in. In these report formative discussions has been made on roles and responsibilities of leaders and managers. In addition to this project include management theories and Theory of leadership along with hard management skills and soft leadership skills. TASK 1 Roles and characteristics of leader v/s manager Manager is defining as an individual who hold the responsibility to manage activities and functions within organisation (Reim and. et. al., 2016). In addition to this managers also hold responsibilities to direct employees within organisation towards entity goals. Leader is termed as a person who effectively motivates, inspire and guide individuals or group towards performing their task with great efforts. Leader provides formative guidance and supervision to workforce within an organisation with an aim to utilise their talent as to accomplish organisational objectives. Difference between leader and manager Leader creates vision and manager creates goals: Leaders within an organisation have responsibility to define roles to each and every individual in a team and motivate them towards company goals in a well defined manner. Leader possesses ability to encourage behaviour of individual. Henry Lawrence Culp Jr effectively understands the difference between growing and winning. In addition to this they aim towards ensuring that every individual within an organisation knows the expectation for winning. Leaders provides organisational workforce by providing them great motivation in order to increase their existing performance. While on the other hand, manager possess formative authority to set goals 3
and manage organisational activities within company and make sure that functioning of company are going according to the set budget. Leader is a change agent while manager maintains status-quo: Leader is considered as a proud motivator as with the use of their tactics and creativity they encourage and influence behavioural characteristics to influence within organisation with an aim to increase their performance. They effectively foster change in the organisation as to make entity compatible with change. This has been analysed that change effectively bring uniformity if it gets introduced in organisational workplace in a well-defined manner. While, managers in General electric mainly aim towards implementing such reforms and structure that aid entity to perform their activities (Johnstone, 2016). By implementing such reforms and structure aid entity to perform their activities in better manner. Leader is unique, manager imitates: Leaders are defined as a creative and innovative person as they regularly comes up with innovative and unique believes as well as ideas in order to persuade employees to adapt changes on dynamic basis. For this, they provide effective motivation to each and every individual in order to increase their performance. While in context with managers of General Electric this has been analysed that they take use of copied traits and style of successful individuals like, Jack Welch and his successor Jeff Immelt rather than two developed by their own. Leader takes risk while manager controls it: Leaders are the individual have daring nature towards undertake risk with aim to provide welfare to employees and organisation. GE, Ceo Henry Lawrence Culp junior once said that when you are growing it is very easy to think that you are winning. Thus in order to grow it is essential to undertake regular changes. While on the other hand, managers of General Electric take use of those systems as well as techniques that aim towards minimise risk to a great extent. Similarities between manager and leader Both supervise team: Both managers and leaders provide formative supervision to the individuals or group as to perform their activities in organisation as to direct them towards effective accomplishment of organisational objectives in time effective period. Both of them have responsibility to offer formative supervision to employees in order to increase their performance level and fulfil corporate goals. 4
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Both evaluate personnel: Leaders and managers of General Electric engage in the process of constant evaluating behavioural conduct and performance of their employees in order to make sure that they are directed towards organisational goals in a best effective manner. Along with both of the personals effectively identify end output in order to analyse the difference between desired as well as actual performance. Both are responsible for outcomes: Leaders and managers of General Electric have formative aim which is to accomplish organisational goals with great profitable results. Both of them have formative responsibility to fulfil organisation objectives. Function of manager according to Fayol Managers perform different type of functions in an organisation with the motive to provide effective assistance to individual in order to effectively manage all the operations in organisational processes (Shabanpour-Haghighi and Seifi, 2015). In General Electric manager have responsibility to perform five essential functions that are only stipulated by Fayol: Planning: Planning is a most important function in which manager is required to formulate plan as well as procedures by evaluating needs of employees and organisation. In addition to this they are responsible to take important decision on the behalf of organisation as to accomplish organisational objectives. In General Electric managers evaluate every essential and required need of employees and department and formulate plan accordingly with proper decisions. Organising: This is another most essential function that has been undertaken by manager of General Electric. In this function manager hold the responsibility to manage all the activities that are laid down in plan and identify the requirement of resources and funds in order to make sure that laid objectives must done in a well effective manner. Commanding: Inthismanagerseffectivelyengageintheprocessofdirectingandcommanding employees according to the predetermined objectives. In this managers of General Electric by 5
takingadvantageofeffectivecommunicationcommandemployeeswithinpremisesof organisation as to accomplish objectives of organisation best effective manner. Control: Managers within General Electric hold one of the most important responsibilities which are to control the resources and activities and every essential aspect within an organisation. They identify difference between actual and desired outputs and further undertake use of strategies as to control organisation objective as to attain maximum output. Coordination: In organisation coordination play key essential role. In this process managers of General Electric make sure that there is effective compliance of policies and procedures by each and every employee in order to fulfil objectives in a desirable manner. Managers formulate proper coordinationandcooperationamongall thedepartmentsof GeneralElectricastofulfil organisational goals in a well defined manner. Leadership Theories Transformational leadership: In transformational leadership, leaders within organisation undertake the function related toinspiring,encouragesandmotivatingemployeesastofulfilorganisationalobjectives performance with high performance (Peng and. et. al., 2015). In contract with leaders of General Electric it has been analysed that according to the different situation leader take use of transformational leadership in order to bring creativeness and innovation within organisational premises. With this leader aim towards increasing existing performance of employees and perform their operations with additional efforts in order to fulfil goals of company with maximum results. In addition to this with the use of this form of leadership leaders can make employees feel independence that makes them to contribute more effectively in corporate goals. Along with this it has been identified that General Electric leaders believes that they can undertake best decisions in a workplace structure after getting training from their superiors. As a result, these employees give new solutions to old issues or problems. Transactional leadership style: Transactional leaders provide value to structure and orderorders at workplace.These leaders strictly abide all the regulation and rules and provide further command to employees that are require to be strictly abide by them. In this leaders are mainly self-motivated and perform 6
their operations withhigh passion.In context with General Electric this has been evaluated that leaders mainly take advantage of this leadership if they are about introduce new change or technology within workplace and are required to accomplish project in a short period of time with great effectiveness. Action-centred leadership: Action Centre leadership mainly include three elements that are individual, task and team. This model duly states that leader believes to achieve a task by effectively managing team and group while dealing individual who are the part of team (White, 2016). In context with General Electric leaders take use of action Centre leadership according to the situation. This model allows leaders to achieve task in an effective manner. This model also assists leaders to manage individual during fulfilment of task. Hard Management Skills v/s Soft Leadership skills Hard management skills: Hard skills are required by an individual as to ensure success of job role with the help of heard management skills performance of employees can be improved in a well defined manner. In this skills like legal knowledge, web designing, mathematics, computing programs are included that are required to perform a specific job. For example leaders of General Electric unit undertake use of legal knowledge as to ensure that the entire task is done under proper legal measures. As if activities are done according to the legal interest then it aid organisation to ensure maximum profitability without any legal penalties. Soft leadership skills: Soft skills include different type of skills required by a leader in order to increase employee’s sustainability for long period of time. In General Electric take feedback from employees and further motivate them in a best effective manner. Along with the use of soft leadership style leaders then company encourage employees to deliver best performance. Management Theories Management by objectives(MBO): It is strategic management model that aim towards maximizing overall productivity and performance of organisation by stating entity goals as well as objectives (López and. et. al., 2015). With the help of this theory General Electric can effectively ensure that work is aligned and initiated according to the corporate objectives. 7
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Classical Management Theory: By undertaking advantage of classical management theory General Electric possess the formative ideology which defines employees as a person who has economic and physical needs. This theory does not consider elements like social need for job satisfaction but rather than that advocate workforce specialisation, profit maximization, centralised leadership decision making etc. Behavioural Management Theory: This theory effectively aims towards fulfilling human dimension and the implementation of behavioural management theories. General Electric facilitates formative motivation and reducing conflicts, group dynamics as to fulfil organisational goals with maximum productivity CONCLUSION According to the above mentioned report it has been concluded that operation management act as a most important element within organisation in which leaders and manager play key essential role. In this leaders have responsibility to align employee’s behaviour characteristics and motivate them to perform their objectives in a well defined manner. Manager undertakes responsibilities,tocoordinatealldepartmentstowardscorporategoals.Inthisbytaking advantage of different leadership and management theories and approaches both the key personnel can fulfil the organisational aim to attend high profitability and productivity in well defined manner. 8
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Tian and. et. al., 2015. A hierarchical energy management system based on hierarchical optimization for microgrid community economic operation.IEEE Transactions on Smart Grid.7(5). pp.2230-2241. White, P.R., 2016.Public transport: its planning, management and operation. Routledge. 10