Management and Operations in Firm : Assignment
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Added on 2020-07-23
Management and Operations in Firm : Assignment
Added on 2020-07-23
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MANAGEMENT ANDOPERATIONS
Table of ContentsINTRODUCTION ..........................................................................................................................1LO 1 ................................................................................................................................................1P1 Define the various kind of the description between the role and characteristics of leaderand manager............................................................................................................................1P3 Define the various kind of theories and models of the leadership approach.....................4P4 Description on the various approaches of the operation management and role of leadersand managers. ........................................................................................................................5P5 Define the significance and value of the operational management. .................................6P6 Describe the various kind of the factors which have impact on the operational managementand decision making. .............................................................................................................7CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTION The management and operation are very essential process in order to enhance the brandimage of the firm. This is organization is very helpful in order to run the business in smoothmanner. With the help of this kind of the activities the firm will able to earn productivity andprofitability. This will help in order to enhance the brand image of the business enterprise. Themanager plays effective role in direction to frame effective strategies and polices so that they allare able to manage the all things effectively and efficiently. The present report covering thefollowing activities which are as roles and responsibilities of the leader and manager, functionsand leadership theories. With the help of this all kind of organization is able to run theiroperation effectively. The leader and manager are the crucial part in order to frame the effectivestrategies of the company so that that firm will bale to carry the operation in the effectualmanner. In addition to this assignment will also discuss the models of the leadership to make thismore representative.LO 1 P1 Define the various kind of the description between the role and characteristics of leader andmanager.The leader and manager are the backbone to the organization. They need to perform theeffectively in order to generate higher profitability so that origination can also able to maintainits brand image in the market. With the help of the both the person they are also able tocoordinate the function in order to get the objectivity of the firm. The leaders are the person whoare able to encourage other employees in the organization so that they are also able to providethe best efforts and can do the things in the timely manner. In this manner the leader andmanager both play crucial role in relation to attend the profitability of the firm. The M&S is the global enterprise, this firm is having large competitor in the market. There is amajor difference in the role and characteristics of the leader and manager is that, The managerwork in manner to manage the all thing in the organization so that all worker can able to performtheir function in the managerial manner. The leader is the person who take effective steps inorder to leader the people in the corrective direction so that they can work in the moreresponsible manner. The various kind of the difference can be understood in the followingmanner are as- RolesleadersManagers1
characteristicsIn M&S the leader alwaysperform their role effectivewith the help of the innovativeideas so that firm can performthe task effectively. The managers of this firm alsofollow all the process of thebusiness effectively so thatthey are able to achieve thehigher amount of profitabilityand the productivity. VisionIn this firm the leader atehaving the long termobjectivity so that they are ableto perform the function in thewell coordination and effectivemanner. The manager of this firm arealso having the vision but thisall are based on the shortmanner. In this way they usedto work in the manner to attendthe current objective of thebusiness enterprise.TargetsLeaders of the M&S need toset the target so that they canframe the effective strategiesin relation to perform the taskeffective in the timely manner.The main motive of this firm isto earn high amount ofprofitability so that the brandimage in the market can bemaintained. Manager rare the responsibleperson in order to frame thetarget but they need to makethe good coordination betweenthe work to the firm so that theculture and bran image of theenterprise can be sustained. ValuesThe focus of the leader is needto give major focus on theachievement of the individualso that they are able to performthe function in the effectiveand efficient manner. In thismanner they can fellmotivated. The manager of the firm givemore preference to the resultrather than task. The individualcontrol them so that people tothe organization can follow therules and regulation of thecompany. 2
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