Operation Efficiencies of Tesco : Assignment
Added on -2020-07-23
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Management andOperations
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Comparison of roles and characteristics of leaders and managers....................................1P2 Application of leader's role and function of a manager in a situation...............................3P3 Theories and models in management................................................................................4P4 Various Approaches to operations management and the role of managers and leaders . .6P5 Importance and value of operation management and its role in achieving objectives......7P6 Factors that affect operational management and decision making...................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONManagement in business is defined as the process of controlling and managing theresources in such a manner that organisational objectives are fulfilled. The management isresponsible for integration of all business functions to achieve a expected outcome. Differentsizes of the business organisation determines size of management as well. Operationsmanagement focuses on achieving operational efficiency and attainment of goals of theorganisation in a profitable manner(Akkerman, Farahani and Grunow, 2010). This assignmentfocuses on the operation efficiencies of the TESCO. Company is one of the leading retail chainsin the United Kingdom. This assignment will focus on the roles and responsibilities of leadersand managers in organisation. Models and theories which are applied to sustain growth in thecompany will also be described here.TASK 1P1 Comparison of roles and characteristics of leaders and managersBoth; leader and manager play a crucial role in the functioning of business. Leaderfocuses on the providing vision to its employees whereas the manager is focused onimplementing and executing the policies which are formulated by the leader (Barratt, Choi andLi, 2011). TESCO is catering the grocery, foods and clothing needs of people at a single place.The association with major companies help in enhancing the brand value of the company. Theworking environment of organisation supports development and innovation. To promote thesame the management of the company has formulated the policies which endures developmentand participation of all the employees. Constructing policies will not fulfil the objectives,organisation requires effective leaders and managers to ensure that organisational goals areachieved along with their personal and professional development.A leader in organisation is a person who is responsible for the achievement oforganisational objectives. He is that powerful figure which directs people towards theorganisational objectives. The leader opts for policy of leading to make sure that the employeesare influenced and followed the leader. Contrary to that managers are the individual who usetransactional form of leading which promotes the use of power and money in order to get thework done from the employees (Differences Between Being A Leader And A Manager, 2016). Heestablishes goals for each employee which they have to achieve in specified period of time.1
(Source: Difference between a leader and manager, 2014)The difference between a leader and manager is stated in the table below:GroundsLeaderManagerDefinitionLeaders are the person wholeads team by example. Thefans see him as a role mode. Manager are the people whoensure that task assignedshould be fulfilled withminimum risk.followingThe leader focuses on creatingfans and promoters rather thanfollowers. Managers carry a bunch ofpeople who follow him due tothe fear of position. RiskLeader take risks. Managers focus on completingthe task with minimum risk.InnovationThe leader focuses onalternative or creative ways ofaccomplishing a task (Binderand Edwards, 2010). Managers follow the rule bookand are often orthodox when itcomes to innovation.Long term visionLeaders think for long term.They promote a long term goalin the organisation. Managers focus on fulfilmentof short term objectives.2Illustration 1: Difference between a leader and manager
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