Management and Operations - Assignment
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Added on 2020-10-05
Management and Operations - Assignment
Added on 2020-10-05
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MANAGEMENT ANDOPRATIONS
Table of ContentsINTRODUCTION................................................................................................................................3TASK 1.................................................................................................................................................31. Introduction of Toyota and it's management structure.................................................................32. Differences between management and leadership.......................................................................43. Different roles and theories of management and leadership in different organisational situations..........................................................................................................................................54. Strengths and weaknesses of different approaches of leadership and management....................55. Conclusions and recommendations on the impact of managers and leaders on TESCO............6TASK 2.................................................................................................................................................71. Introduction to the key operations of Toyota...............................................................................72. Roles and responsibilities of managers in the key operational functions....................................73. The key operational approaches to operations management and their value...............................74. External business environment factors that affect decision-making by leaders and managers...85. How operational efficiencies can be improved to successfully meet business objectives using appropriate management and leadership approaches.......................................................................96. Conclusions and recommendations for future improvements to be taken by the organisation.. .9CONCLUSION..................................................................................................................................10REFERENCES...................................................................................................................................11
INTRODUCTIONManagement is one of the most essential part of an organisation, as it use to managing thedifferent functions and also make their work properly. This help organisations by managing theirresources, through which their functionalities get performed in effective way. Manager is anindividual in organisation , who work to design plans and strategies form organisation so that theycan perform their activities. They also use to supervise the working of different elements, so thatthey can make future plans accordingly. Toyota is huge organisation of auto mobile industry in theworld, the head quarter of the organisation is at Japan. They use to provide different auto mobileproducts for different sections of society (Baboli and et. al, 2014). A study will take place in thisreport, which explain the roles of management and leadership along with their theories andapproaches. This will also explain the strengths and weaknesses of these approaches. The roles andresponsibilities in key operations functions of manager will also come in discussion, together withtheir approaches. Along with all this, a discussion will take place on the influence of external factorsover their decision making, along with how operational efficiencies can be improved to meetsuccessful objectives.TASK 11. Introduction of Toyota and it's management structure.Toyota is one of the biggest organisation in the world of auto mobile industry. It wasestablished at Japan in 1937 by Kiichiro Toyoda. Now they have their operations in all around theworld. Their head quarter is at Toyota City, Aichi, Japan, and they have around 364,445 employeesworking with them in over the world. The structure of management of Toyota have 3 level ofhierarchy, which has divided the power to making decisions of managers and employees, whichdepends on situation. Elements of hierarchy of Toyota are :-1.Global hierarchy : Here, company make decision for their regional heads, by which thepower of these managers of decision making get increased. This lead the managers to takefast and effective decisions for their outlet. This hierarchy of management has reduce thecentralisation of their system, as while making decisions, manager have to report for theirdecisions to central head present at Japan ( Bahmani-Firouzi and Azizipanah-Abarghooee,2014). And at last, major decisions related to them are still taken by their head quarter atJapan.2.Geographic division : In this, Toyota has divided the world in 8 different geographicalregions i.e. North America, East Asia, Japan, Europe, Middle East, Africa, Oceania, China,
Asia, Caribbean and Latin America. After which, Toyota has made head quarters at each andvery regions, which have power to take decisions according to situations and conditions.3.Product based division : It is the last segment of this hierarchy of Toyota. In this the divisionwas based on the variety of products offered by them ( Binz and et. al, 2014). For this,company has make division of products in Lexus international, Toyota No. 1, Toyota No. 2and Unit center.2. Differences between management and leadership.Leader is a person who work to set goals and objectives for their organisation, which theyhave to achieve in specific time period. Leader of Toyota have to be very much capable in studyingand verifying the different situations of organisation, and have to set goals according to it only.While on hand, manager is a person who work to design strategies and plans for organisation, sothat they can work according to it, and can achieve goals and objectives driven by their leaders.Comparison chart between management and leadership is a follow :-BasisLeadershipManagement MeaningLeadership is a skill of anindividual guiding individual orgroup of peoples.Management is a method usedfor providing direction to theiremployees.Emphasis onLeadership work for inspiringemployees, so that they canwork properly.Where as, management use tomanage operations of anToyota, to achieve differentobjective.Power Leader of Toyota have power tomake changes in organisation.Management have power tochange rules of organisation.Focus onThe main focus of leadership ison encouraging changes.Management has their mainfocus on making organisationstable.StrategiesProactive strategies for Toyotaare designed throughleadership.While, reactive strategies aredesigned by management( Johnstone, 2016).Formulation ofLeadership use to makeguidelines and principles forToyota.Where as, management is acollective result of policies andprocedures.ExampleIn Toyota, leadership takeManagement of them, make
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