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Importance of Operations Management in Achieving Business Objectives

   

Added on  2023-01-18

12 Pages3334 Words67 Views
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Management and
Operations
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INTRODUCTION
Management is the process of planning, administrating, directing, dominating and
coordinating the business operations and activities so that the business concern of the firm can
run and malfunction effectively. Operation management is the administration of business
concern actions to bring forth the advanced extent of skillfulness possible within a company. It is
obsessed with change over substantial and labour into the goods and services as efficiency as
possible to maximize the profit of a company. It can be a process of effective management of
resources which are used by the firm in business operations like workforce, technology,
equipment etc. This report is supported on ASDA which is a British supermarket retailer and
headquartered in West Yorkshire, England (Bromiley and Rau, 2016). This firm was founded in
1949 and operating its business 633 locations with grocery and general merchandise products
and financial services. This report will discuss about function of leader and purpose of
administrator in various ascertains and postulation of several conceptions or models of approach.
Further, will explain about the key approaches of operation administration and the grandness and
value of operations administration in accomplishing business objectives. The business
environment which create effect upon operational management and determination devising by
leaders and managers will also determine.
TASK 2
P2. The role of a leader and the function of a manager in different situations
There are several role which are played by the leader of an organization in different
situations of it for instant, when the firm make innovation in the business, use new technologies
and make changes in the policies of the firm etc. Apart form it, managers of the firm also play
their important role by formulating strategies accordant to the innovation, new technologies and
others so that employees can work effectively. In context of respective organisation which is a
grocery firm sop that are various changes are generated in the firm as per the changes in trends
and consumers needs regarding its business operations and products & services (Chevalier and
et. al., 2015). In these kind of situations, the leaders and managers of ASDA play diverse role in
the different situations of the company which are generated in the firm due to make trading
operations and actions of the organisation. Some of them are characterized as under:
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