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Operational Management Report

   

Added on  2020-09-03

12 Pages3051 Words55 Views
Management Operations

Contents

IntroductionThe operational management have a very significant part ineffective handling ofbusiness operations of company in better way. The suitable handling of the various operationswill help in the rise of the productivity and profitability that help in the increase of the revenue ofa business firm (Luo and et.al., 2017). This report will effectively cover the better handling of thevarious operations at Aldi. It is the retail firm that works in UK. This report will cover thevarious roles and the functions that are been performed by the managers and leaders of the citedfirm. Besides it will cover the various operational contexts that will help in the better increase inthe productivity and profitability of the company. Other than this, various operational theoriesare been taken into effective context, along with the various key approaches and various factorsthat will help in the better handling of different factors laying impact on the operationalmanagement of the company (Mohammadi, Soleymani and Mozafari, 2014).LO1P1 Define and compare various roles and characteristics of a leader andmanager. The management and operations pays a very significant and effective role in the bettermanagement of the different operations that will help in the effective handling of the variousoperations that will help in the effective handling of the different operations that will help in theeffective management of the various operations that will lead to the better management of thedifferent operations in the company. The better handling and the management of the differentoperations will lead to the effective increase in effectiveness of firm to manufacture and generaterevenue for the company (Bahmani-Firouzi and Azizipanah-Abarghooee, 2014.). Besides this,the better management of the different operations helps in the effective rise in the differentoperations that will help in the significant rise in the operational efficiency of business firm. Theeffective management is operations which will help in the better rise in the operational efficiencyof cited business entity. It is the effective handling of the different operations in an organizationthat will help in better increase in the productivity and profitability of the company. Besides this,it will help in the effective increase in the revenue generation of the company. On the other hand,leadership is the effective trait to influence people to get the specific job done. This will help inthe better execution of the different operation of the organization that will lead to the efficient

increase in the efficiency of the employees of the firm due to better guidance and the motivationthat is been received by the leaders in the firm. The managers and leaders will have a significantand efficient duty in better management of businessfunctions which will lead to suitablemanagement of various operations of the cited business firm and fulfill their requirements in aneffective and significant manner (Albrecht and Dasigi, 2016). Besides this, they will look afterthe better execution of different work processes that will lead to suitable increase inmanufacturing capacity and the revenue generation for cited business entity. The managers willeffectively see through the better management and managing of different business functionswhichwill support an effective increase in productivity and help in meeting demands ofcustomers and stakeholders of the firm. Besides this, it helps in the better management of thevarious policies and procedures at Aldi. The leaders will look after the effective execution ofdifferent business activities and policies which are been followed in firm. Besides this, they willlook after any sort of issue that occurs at the workplace and will try to find out the effective andsignificant solution to it in order to maintain the sustainability and profitability of the company.LO2P2 What is the role and function of managers and leaders in various situational context atan organization. Various effective roles and functions are been taken into the effective consideration by the leadersand managers at Aldi. Other than this, the effective handling of the different operations will besignificantly been taken into proper consideration for the better rise in the productivity and profitability ofthe business firm. Other than this, the better handling of the different operations will help the firm toimprove the quality of the products and services that are been delivered to the customers in an effectiveand significant manner (Keahey, Riteau and Timkovich, 2017).it helps in the better growth of thevarious operations and helps in the significant rise in the satisfaction level of clients. Some majorsituations that are been taken into the significant consideration by the leaders and managers of thecompany are as follows:Budget allocation: The mangers and the leaders will significantly see through differentbusinessfunctions in a better way. This will help in the better management of different functions and willsupporteffectivehandling of different type of organizational objectives that will lead to thesignificant requirements of the budgeting. The effective handling of budget will help in theefficient execution of the different sort of operations at the cited business firm. The managers in

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