TABLE OF CONTENTS INTRODUCTION.......................................................................................................................1 TASK 1.......................................................................................................................................1 1. Introduction and management structure of M&S.............................................................1 2. Roles and characteristics of a leader and a manager........................................................1 3. Functions of manager in various management theories...................................................2 4. Role of a leader and functions of manager in different situations....................................3 5. Importance of leadership theories for growth and success...............................................4 6. Strengths and weaknesses of leadership theories.............................................................5 7. Impacts of leaders and managers on the organisation......................................................6 TASK 2. Operation management of company and their various key approaches..........................7 2. Roles and responsibilities of manager and leader............................................................8 3. Importance and value of key approaches to operations management...............................8 4. The way managers and leaders effectively improve operational efficiency to meet business objectives successfully........................................................................................................9 6. Critically evaluating how operations management manage factors affecting wider business environment......................................................................................................................11 7. Conclusion and recommendations.................................................................................11 CONCLUSION..........................................................................................................................12 REFERENCES..........................................................................................................................13
INTRODUCTION Management Operations (MO) refers to control and design the production process of goods and services. To improve productivity of business and efficiency of working people, MO plays an important role. Marks & Spencer is the selected organisation for present report which is a large retailer that deals in clothing, home furnishings and food products. It has many outlets around the world. Given study will describe about the roles and characteristics of a leader and a manager.Furthermore,itwillshowfunctionsofmanagerindifferentsituationsofthe organisation. This report will also explain the impacts of leadership theories and importance of MO. This study will explain the management structure of Marks and Spencer TASK 1 1. Introduction and management structure of M&S Marks & Spencer is one of the large retail organisations dealing in clothing, food, gifts and home ware. It started with a slogan "Don't ask for the price, it’s a penny," in each of its market. They have established many stores around the world among which 350 are simply of food. Marks & Spencer, for selling of its products, used supermodels for a short period of time. Because of its optimism, it has received huge praise. It has gained confidence for the design and quality of its product in earlier time and also, it has faced a tough competition with other growing firms. Marks and Spencer follows a flat organisational structure in which they have the functions of middle level management so that direct contact with the lower level management can be established. To make more involvement of the workers in decision making process, M&S has adopted this type of management structure. Through this, top level managers can make a direct communication with the lower level management. Workers of lower level management can be made easily understandable about the plans and policies of top level themselves. Also, workers can easily communicate about their problems and suggestions to top level. This will remove chances of misunderstandings and chaos in the organisation. 2. Roles and characteristics of a leader and a manager Role of a leader To achieve the organisation's goals and objectives, proper guidance is necessary to the workers and this guidance is given by the leader of M&S. Leader is a person who leads his 1
followers for better improvement of the firm. Leader gives positive result by using his own intelligence and personality. Role of a manager Manager of Marks & Spencer is responsible for managing the activities of production. The efficient and effective use of company's resources is determined by the manager. Managers also act as a motivator who motivates their sub ordinates in achieving the determined objectives. Managers are also helpful in increasing the communication level among all the employees of the firm. Characteristics of a leader Character defines the true picture of a person. Leaders of M&S have a character of positive attitude which is helpful in achieving goals of the organisation in an efficient manner. They are well committed to their work for the organisation which is an inspiring tool for other persons and their followers. Characteristics of a manager Manager of Marks & Spencer is a highly experienced person and is proving to be a effective asset for the company.Managers have a quality of quick adoption of changes occurring in the organisation and thus they are flexible to change. This quick adoption of changes will lead to quick framing of decisions according to changes occurred. 3. Functions of manager in various management theories Management theories refers to the guiding rules which guide the employees towards achieving organisation's goals and objectives. These theories contain a set of general rules and procedures which are needed to be followed by the employees.Scientific theory of management- This theory of Fredrick Taylor explain about the improvement of economic efficiency and labour productivity. According to him, money is a simple tool through which workers can be motivated. According to this theory, worker should be paid on the basis of their efficiency. They therefore introduced “differential piece rate system”. The managers of M&S have to check improvement of the workers on frequent basis. They have to motivate their followers and give proper guidance to improve their efficiency so that they can gain the advantage of this Differential Piece Rate System. Administrative theory of management-Henry Fayol is the founder of this theory. According to scholar, the interaction of management with its people is explained in this theory. 2
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This theory is based on five basic elements which are planning, organising, commanding, coordinating, controlling. Managers of Marks & Spencer commands their sub ordinates to work according to the orders of top level management, to achieve the set objectives they try to motivate them so that their efficiency and productivity can be improved. They also compare the actual performance with standard performance and take necessary steps which are needed for the improvement of performance of the workers. 4. Role of a leader and functions of manager in different situations 1.Planning-It is the first function of manager of M&S. For instance, the company has to install a new machine, so the manager has to first make a plan for investing in machines, from where to buy, give training to the employees and many more. Also, leaders of M&S has to guide their followers regarding its usage and proper implementation. 2.Organising-After making plan, manager of M&S has to organise required resources for new machines. Leaders have to communicate with the top level in organising the required funds for new machines. Managers has to check purchase records and sales records for the estimation of required funds. 3.Staffing-For example, M&S has to start a new venture in the retail industry, managers has to make a plan regarding the number of persons required and then take interviews and select the most appropriate candidate for the post. Leaders of M&S guide their followers in making estimates for the required number of candidates and conducting interviews. 4.Controlling-Managers of M&S has to control the wastage of the resources in cases of theirmisusebytheirsubordinates.Leadershastodirecttheirsubordinatesforworking efficiently without wasting the resources. 5.Directing-Managers of M&S direct their followers in achieving the determined objectives. They take necessary steps for the improvement in the work of employees in case of their dissatisfied work. 3
5. Importance of leadership theories for growth and success Illustration1: Situational leadership Source: (Situational leadership theory..2018) Situational Theory-is helpful in the growth and success of Marks and Spencer as it is easy to understand. Leaders adopt style and increases the development of the employee which is helpful in growth and success of enterprise. System Theory-For growth and development of M&S, system theory is helpful as it gives a base for control and a lawful action plan which clearly determines work to do for the employees. Activities are coordinated which each other which helps company to grow. 4
Illustration2: System leadership Source:(Systems Leadership,2018) Illustration3: Contingency leadership Source:(CONTINGENCY THEORY OF LEADERSHIP,2018) Contingency Theory-Through this theory, flexibility is achieved in the functions of M&S. Leaders adopt their style according to the changing situations this is helpful in completion of work along with overcoming the challenges. 6. Strengths and weaknesses of leadership theories Situational theory Strength- According to this theory, leaders of M&S working together to achieve the organisations' objectives are more beneficial. Working together definitely gives positive results to the company and this will increase the success of the company. 5
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Weakness-There are chances of building up of confusion, misunderstandings and distrust inM&Sassituations areconstantlychanging.Becauseofthisemployees'efficiencyis decreased. System theory Strength-Focus is made on multiple dimensions, through which uniformity is achieved in M&S. Equality is made for every situations. Weakness-Decisions get delay because of its impractical nature. One particular style of working is not focussed in M&S. Contingency theory Strength-Opinions of employees of M&S are given importance. Flexibility in task culture is achieved. Weakness-Empirical testing is not possible for M&S and also proved to be complex for practising. 7. Impacts of leaders and managers on the organisation Impacts of leaders-Positive leaders helps to create a positive environment. Leaders of M&S encourages their followers positively to work efficiently. This will automatically improve their morale and they can generate better results for the company. As they are able to improve their performance they gain trust of their seniors towards them and through this communication level between them is improved. Through strong communication company's objectives are clearly known to them. Impact of manager-Managers of M&S influence their subordinates directly as they are in direct contact with them. Managers motivate their followers to work efficiently for the organisation. Motivated employees will give better result and productivity of the enterprise will be improved. Training to the employees by managers is helpful in increasing the efficiency and reducing the wastage of company's resources. Bothmanagersandleadersplayacrucialroleinimprovingtheorganisation's performance. By motivating and inspiring followers to work with efficiency and productivity, they are able to achieve goals. 6
TASK2.Operationmanagementofcompanyandtheirvariouskey approaches Operation management of Marks & Spencer Operation management is related to various management of operations which help the organisation in increasing their productivity level. The following are the various functions performed by Marks & Spencer in order to increase their operational efficiency. Finance:Marks & Spencer ensures that the funds invested are properly utilised. For this they make financial planning so that they can utilise their funds at the right place (Jiménez-Jiménez and et.al., 2015). It helps them in satisfying their customers by delivering them with higher quality products.Operations:These functions are performed so that proper management of all aspects of organisation activities are covered. These aspects include planning, organising, directing & controlling. Design of the product:M&S designs products which are related to current market trends and demands ofcustomers. They ensure that high quality products are being served to according to customer's needs and choices. Key approaches of operation management Six Sigma– This approach of operation management is based on improving process by detecting various defects in existing process being followed in organisation (Landis, Hill and Harvey, 2014). Tools of Six Sigma include define, measure, analyse, design and verify. Total Quality Management –This approach lays emphasis on customer satisfaction by involving all employees of the enterprise in improving their product level by providing good quality products to their consumers. Through this approach, communication level among employees can be increased and total involvement of all employees will be improved. Products are made according to wants and choices of customers.
2. Roles and responsibilities of manager and leader Roles and responsibilities of manager 1.Manager makes various strategies to improve operation management and to increase efficiency of organisation which helps Marks & Spencer in utilising their funds at right place. 2.It is the responsibility of manager to manage inter-departmental communications to reduceconflictsandenhancetheefficiencyofoperationmanagementamongthe departments.ManagerofM&Shavegoodcommunicationskillswhichhelpsthe organisation in maintaining harmony among different departments. 3.Manager performs activities relating to planning, organising, directing and controlling. Management operations provides assistance to M&S in increasing their efficiency level. Roles and responsibilities of leader The main responsibility of team leader is providing motivation to team members in order to boost their morale so that they can work efficiently towards organisational goals (Bouazza, Ardjouman and Abada, 2015). M&S plays leadership roles by motivating their employees through incentives, promotions, appreciation which increases the efficiency of operation management. Leaderisresponsibletodelegateauthoritiestothoseteammembers,whoworks efficiently towards achievement of company's goal. M&S has distributed authorities to various team member which perform duties on behalf of the team leader. Leaders act as a philosopher and guide by providing knowledge and experience to their team member. Through operation management guidance is providedto employees to work effectively & efficiently. 3. Importance and value of key approaches to operations management Importance and value of six sigma It assists in reducing errors by using various techniques of statistical analysis. This approach of operation management is used under various industries to increase their efficiency level. Six sigma produces the value as it helps the organisation in continuous improvement of the product and services. It is important as the model will help the organisation in producing high 8
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quality products. It plays an important role in eliminating deviation and improving business processes. These techniques help the organisation by reducing their operating cost. Importance and value of total quality management TQM assist in reducing cost for the organisation, if it is applied throughout the period. It will help in increasing profitability for the firm. It produces value as it also helps in reducing defect arising in any kind of product manufactured or services rendered. This will increase their product quality and will attract more customers towards the M&S. Total Quality Management is important as it helps in boosting the morale of their employees by involving them in success of TQM. This will reduce employee turnover. It will also support in reducing cost of hiring. 4. The way managers and leaders effectively improve operational efficiency to meet business objectives successfully Manager’s role in improving operational efficiency Technology Advancement: -Managers can improve the operational efficiency of the organisation by implementing ways which leads to technology advancement. This will help Marks and Spencer in increasing their productivity level. Strategic planning: -Managers make proper planning and strategies in order to organise things in proper ways. It helps in increasing the operational efficiency of M&S. CoordinatingCommunication:-Itisthedutyofmanagerstocoordinate communication process fromone departmenttoanotherinorderto have smooth functioningoftheorganisation(Turner,2014).Thecommunicationprocessof departments will be strong then there will be fewer chances of conflicts which will helps the M&S in increasing their efficiency level. Training: -Managers of M&S provide proper training to their employees so that they can increase their efficiency in order to achieve business objective of the firm. Training help employees in gaining knowledge about various functions being performed in the establishment. Quality enhancement: -Manager of Marks and Spencer ensure that quality of the product should be enhanced so that customer are satisfied which will increase their market share as well as increase operational efficiency of the company. Leader’s role in improving operational efficiency 9
Teammanagement:-LeadersofMarksandSpencerensurethatproperteam management should be maintained so that members of the team work according to the instructions being assigned by the Leader and there are fewer chances of conflicts among member. Motivation: -Leader provides motivation to their team member in order to boost their morale so that they work as a team for attainment of common goal of Marks and Spencer. This will provide assistance in increasing their efficiency. Open communication: -leaders play a role as Mediator in reducing communication barrier between members which help members in communicating various doubts relating to tasks with their team members. Time management: -Team Leader of M&S ensure that proper time is allotted for every task so that they are completed on time. Time management is the important factor of every organisation because it helps in completing the work effectively towards business goals.5. Impact of external factors on operational management decisions by leaders and managers External factors affecting operational decision making of the mangers and leaders of M&S are: oCompetitors –Competitors play a major role in influencing decision making process of operation management (Kerzner and Kerzner, 2017). Competition in the market is increasing day by day which affect various decision of mangers and leaders of Marks and Spencer such as decision regarding price of the product etc. oCustomers –Customers are the most important part of any business because they are end usersoftheproductsmanufacturedbycompany.Decisionsregardingoperation management which aretaken by mangers and leaders should involve various factors which affect customer’s satisfaction. Factors such as price, quality, taste and preferences etc. oSuppliers: -Suppliers of the products of M&S have a great influence on decision making of operation management because they are the people who supply raw materials for the product (Romiszowski, 2016).Managers & leaders while making decision consider these factors so that functions are performed smoothly. 10
oRegulators: -Regulators have an authority to control various practices performed under organisation. Government plays a major role in decision making process of M&S. Regulators formulate various policies in order to influence various decisions which are related to operation management of enterprise. 6. Critically evaluating how operations management manage factors affecting wider business environment Operation management manages day to day activities of the organisation for smooth functioning of business. External factors affecting business can be managed by the operation management by evaluating these factors in order increase operational efficiency. Managers of M&S perform various researches in order to evaluate the present market conditions so that they can analyse various opportunities and threats for business. In order to satisfy customer needs, managers perform activities in order to find trends being followed in the industry so that they can get knowledge about customer’s tastes and preferences (Ross, 2017). Marks & Spencer analyses market so that they can reduce the chances of risk. Operation management have a positive effects as ithelps in building a strong relation with suppliers so that raw materials are delivered on time. Company is involved in market research in order to know about substitutes' products of their competitors in order to gain competitive advantage. 7. Conclusion and recommendations From the above study, it has been concluded that Marks & Spencer has followed various approaches of operations management in order to increase operational efficiency of organisation. Furthermore, it includes theories relating to leadership and management theories. Moreover, it has included external factors affecting the business decisions. Following are the recommendations for future improvement:- Marks and Spencer should do financial planning in order to utilise the resources at right place. M&S should formulate policies which will help them in implementing various strategic planning. Firm should do market research in order to know about the opportunities and threats for organisation. 11
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For attracting more customers towards the brand, M&S should analyse tastes and preferences of consumers. CONCLUSION From the above report the management structure of Marks and Spencer have been concluded. Roles and characteristics of a manger and a leader with the functions of manager in various situations have been determined in the above report. Furthermore impacts of leaders and managers on the organisation is determined. Impact of leadership theories with its strength and weakness has been concluded in above study. Various key approaches to operation management have been concluded in above report. 12
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