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MANAGEMENT & OPERATIONS
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Table of Contents INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................3 P1 Attributes and Roles of Managers and Leaders of M&S..................................................3 TASK 2............................................................................................................................................6 P2: Roles of leaders and functions of managers in different situations.................................6 P3: Various models and theories of approach including leadership styles...........................6 TASK 3............................................................................................................................................8 P4: Key approaches to operations management....................................................................8 P5: Importance and value of operations management in achieving business objectives.......9 TASK 4............................................................................................................................................9 P6: Business environmental factors that impact upon operational management...................9 CONCLUSION..............................................................................................................................12 REFERENCES..............................................................................................................................13
INTRODUCTION The organisation and coordination of the activities of a business in order to achieve the definedobjectivesofacompany.OperationsManagementisabranchthedealsinthe management of various operations and processes performed in an organisation.The company taken for this assignment is managers and Spencer which is big retail organisation in UK.The main focus of the report will be on the functions and roles of managers and leaders in order to improve the performance of a company. Usingdifferentleadershipthesis, theauthorityof managers and leaders has been discussed.It will also include the significance of operations management anddiscuss the pros and cons of different thesis and the factors of business environment that effect operations management and decision making of leaders and managers. TASK 1 P1Attributes and Roles of Managers and Leaders of M&S Marks and Spencer is one of the UK's leading retailers organisation that deals in clothing, home products, and luxury food products. Thecompany was foundedin 1884 by MichaelMarks and Thomas Spencerin Leeds.The organisationbelieves in delegation of authority as it delegated the power of taking decisions to lower level employees also so that the greater use of employees skills can be done.(De Roover 2017).The structure defines that the organisation believes in their employees and encourage their participation in the working of organisation and a proper communication is there in between them. Leader:A leader is the person who has extensive knowledge and who knows how to lead people in times of need. Leader is the person responsible for designing and managing the work structure for accomplishing the desired goals and objectives of the company. They monitors the work andexecution of the task bylower level employees.Leaders have their influence on others that make others to do what the leader wants from them to do. Managers:Theyare the persons whodirects and controlsthe operationsdone by employees for the achievement of desired goals and objectives of the company. There are a variety of departments in M&S directed by various managers like project, line, departmental, etc. Theyprovideguidance and support to team membersfor the successful accomplishment of the task given.(Du, Bhattacharya and Sen, 2010). Distinction between Leaders and Managers
LeadersManagers Leaders achieve the objectives of M&S with the help ofthe people following him. Managersachievestheobjectivesofthe company by the people working for him. Leaders provide uniqueness in their ideas to their followers in order to complete the task. Managers simply follow the ideas and way of working of others in orderto complete the work. Leaderisclearlydefinesthevisiontohis followers and inspires them to work. Managersfocusonsetting,measuringand achieving goals. Role of Leader: In order to execute the given taskefficiently, leaders plays a important part in an organisation by following ways: Motivation:A true quality of an leader is to motivate employees for achieving individual as well as organisational goals with improved performance and productivity.The main role of leader is to motivate employees and encourage them to perform in better managers. Therefore it is must for a leader of M&S to implement necessary policies and techniques to encourage the members for contributing their maximum efforts. Communication:Communication and coordination between employees and teams are necessary for achieving desired goals. The main role of leader of M&S isto enhance the communicationwiththeteam members and upper authoritiesin relation to tell about the needed changes or addition in the policies and strategies of working in the organisation. This will help the employees to work accordingly that will increase their job dedication and the work given will be perofrmed more effectively. Team Building:A leader emphasizes on performing as a team rather than as individual which leads to improved productivity. The role of leader in M&S is to develop team and promote collective working.Team workenables theworking of the employees and also improves the task performance as they will be able to sort out their doubts with others. They will get many ideas and may apply the best among them.(Grant, Wong and Trautrims, 2017). Roles of Managers:
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Executing plans and policies:This is the duty of managers to executeeffective plans and strategies developed by upper authorities.Managersshould inform employees about such plans and strategies so that the employees can perform according to thechanges made. ProvidingApprenticeships:Managersshould evaluatethe work of the employees and degree of accuracy and relevancy in their work.Whenever needed, the employee must be provided with sufficient knowledge and guidance from them and also various training related to the changes made are to be provided to employees in order to enhance their skills that directly helps in achieving the goals of M&S. DirectingandControlling:Theycontrol and regulates all business operations and activities in a effective managers which helps them in achieving the desired goals and objectives (Groves, Frater and Stokes, 2011). Characteristics of leader Positive attitude:Leaders carry a positive attitude in their words that makes their followers to owkr in every situation. He influences in a positive way to his followers even in difficult situations that also motivates which in return provides better results in terms of productivity and innovation. Motivator:Leaders are good motivators andinspire his followers and give sufficient reason for the accomplishment of the task. They communicate with team members to collect their feedbacks and suggestionsso that proper changes in the existing policies can be made. M&S needs to consider opinions and feedbacks of employees for increasing their motivation towards the work assigned to them(Hoi, Wu and Zhang, 2013). Characteristics of managers Delegation:It is the duty of the manager to take those actions which help in achieving the organisational goals faster. So accordingly the manager delegates the power to take some decisions to the employees in accordance with the work provided. This will increase in the speed of the work as the employees do not need to ask for small things from the manager. Plan Every Step:A good manager always plan ever step. He decides about the tasks when to performed and how to perform and from whom to be performed. It shows very clearly about the steps to be taken in order to fulfil the given work. So the level of confusion decreases with the help of manager.
TASK 2 P2: Roles of leaders and functions of managers in different situations These situations happened occasionally within the company. It is the responsibility of the managementtoidentifysuchmanagersinthesituationsforimprovingproductivityand performance of the employees. Stable situation-Managersneeds to analyse thesituationandevaluatewhether the employees are able to work in the particular situation or not. Leadersshould motivate their employees for working in different situations and be prepared for the harass situations also. managers and leader ofMarksand Spencer should needs to analyse the slow managers in payment policies particularly at an intervals of some 6-8 months. Stable toModerateSituation-These situations come across with themanagers very less. Trends and demands of the people in the clothing segment can be considered as stable to moderate.It changes frequently forwhich themanagersare needed to take appropriatesteps which should be implemented at operational level. Managers ofMarks & Spencers should adopt suitable strategiesthat can be applicable in various situations according to the changing behaviour of people.(Karnani, 2011). FastChanging Situation-In fastchanging situation, changes occur very frequently in the organisation. For example- technological managers such as launching of mobile application or any digital platform should be considered by the managers and leaders of Marks and Spencer. If employees are not accepting changes than it is required by managers to convey the importance of changes. Managers must properly and regularly use communication techniques for informing employees regarding the changes. P3:Different Theories and Models of Leadership Approach The use of various theories can be done in order to achieve the goals and objectives of M&S. The related are discussed below: System leadership:This leadership style enables the leaders in an organisatin to create the conditions where people at all levels can work productively to their potential.It uses sound principles about human behaviour to create models of good leadership. This leadership style is consist of four major components : an overall strategy, an actionable method, a set of supporting method strategies, processes, skills and knowledge which rests on the foundation of a model.The
top element of the framework is a strategy which provides an overall purpose and focus for the methodology. The core of the framework is an actionable development method – the Cognition- Systems Method (CSM) which links leadership action “in the moment” to individual and organisation development and ultimately long term performance. Supporting the method at the next level are an integrated set of action strategies, processes, skills and knowledge. At the base of the framework are general and specific systems models and methods as well as foundational assumptions based on a naturalistic world view. By following this leadership style, M&S can use the potential of its employees to the fullest. Situational theory:This is a leadership style that influences the behaviour of the employees. It is a timeless, repeatable framework for leaders to match their behaviour with the performance needs of an individual employee. It is based on the relationship between the leaders and followers that inflence the decision making process while accomplishing the task. This leadership style also helps in creating a common language of performance of the employees. Contingency theory:The theory emphasizes on the importance of both the leader's personality and the situation to which the leader is dealing. It means that the success of a leader depends upon the situation with which he is provided with. Certain factors come across that define whether a particular leadership style will be effective for the given situation or not. Ity is affected by factors such as personality of leader, the task with which he is provided and thwe composition of the group or the followers. In order to succeed, there must be a strong relation between the leader and the followers. Leaders must clearly define the tasks to be accomplishes and their outlines in order to avoid the confusion and for the task to be complete in right way. M&S can take out benefit from this theory by making the communication strong between the employees and the managers. Strengths and Weakness: Every theory have their own strengths and weakness in relation to the situation where they are applicable. So the strengths and weakness of the above explained theories are discussed below. These are: Contingency theory of leadership:Strengths:Contingency theory supplies data on leadership styles that could be useful to organizations in developing leadership profiles for human resource planning.
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Weaknesses:This leadership style is not flexible in nature and very rigid to apply in the situations which changes frequently. System theory of leadership:Strengths:It focuses on multiple dimensions of management of M&S. Weakness:The relation between the leader and follower must be clearly defined but this theory does not define it at all. Situational theory of leadership:Strengths:This leadership style is very simple and is applied by most of the managers. Weakness:As the flexible approaches to leadership creates more focus on the immediate needs, so the long-term goals of M&S will lack behind, their fulfilment will not be done. These various leadership theories plays a important role in the development of a leader. The main theories of leadership are situational, contingency and system styles of leadership. TASK 3 P4: Key approaches to operations management Operartions Management is an important area in managing a firm, whether it deals in products or services. The principles or concepts of management and their implementation differs in these industries.(Luo, Meier and Oberholzer-Gee, 2012). There are some key approaches of operation managementwhich are discussed below: Totalqualitymanagement:Inthisapproach,strategiesareappliedinorderto continuous improvement of products or services, business processes and people involved in the given task. The focus is on the customers' needs by providing them goods at reasonable cost. It also emphasizes on the team work and mainly focuses on the way the tasks are accomplished. M&S can also use this approach in order to improve the quality of its products so that it may capture more market share. Just in time:It refers to making the availability of the goods as and when needed. This can be done with the help of maintaining proper stocks so that the demand may be completed unless depending upon the further production of goods. M&S should also do this by maintaining proper stocks so that at the time when goods are demanded they can be provided to the customers. It also encourages the efficiency of the organisation and also the qualities of the product are not sacrificed.
LeanProduction:According to this approach, the organisation must do the optimum utilisation of resources so that the wastage of the resources can be reduced and the productivity can be enhanced. In other words, it can be said that producing high volume goods by using the minimum resources is lean production. It will help M&S as it will reduce their cost of production and will also increase their efficiency. Six Sigma:It is a business management technique which aims at improving the quality of outputs by isolating and getting rid of the causes of defects. The main focus is on process improvement. This can be achieved with the help of five factors of Six Sigma. These are define, measure, analyse, improve and control. Working on all these factors can make the organisation closer to the perception of customers. M&S can also take benefits of this approach as it will reduce the chances of defects in the products and services. P5: Importance and value of operations management in achieving business objectives OperationManagementhelpsinensuringtimelydeliveryoftheproductsandto successfully turn raw materials into finished goods. It is concerned with various procedures and methods for implementing strategies and focus on improving performance and results. The operations management is focused on the development in design and improvement of the products(Pedrycz and Chen, 2015). Evaluations:It considers monitoring and bench marking of activities for eliminating inefficiencieslikeincreasedcostofoutput,noimprovementintheperformanceofthe employees, etc. Cost minimisation:It refers to reducing the costwhile producing products for the utilisation and allotment of available resources among various activities. M&S should need to be careful while manufacturing new or improved products because it cancause wastage of resources and increased cost of output. Human Resource Management and Financial Management:Financial management is very important for abusiness because without it, companies can't execute their financial plans. Same is with human resource as the managers should need to consider equal management of managers and managers.M&S company can hold managers opportunity by adopting this strategy. Better Performance:The performance of the company as well as its employees can be enhancedas operation management helps in boosting morale of the employees which will
increase their work productivity through motivating their employees. From this, M&S can improve its performance and productivity in efficient managers(Renz, 2016). Time management:Another positive factor ofoperation management which helps in managing time as it increases in efficiencyand productivity of work. Time management leadsto reducing the time needed to complete a task or it can be said that when less time is consumed as compared to earlier, it ensures that the level of the productivity is enhanced. TASK 4 P6:Impact of External Business Environmental Factors on Operational Management Business Environment refers to the sum total of all the internal as well as the external factors that affects the organisation whether in a positive or a negative way. Generally all businesses are effected from these various environmental factors as described below: Internal environment These factors lies within the organisation and can be controlled by the top authorities. These factors mainly controlled by the managers. Managers:It is the person who has the property rights of the business and the one who invested in the business. managers can be individuals or group of persons who established the firm and are sharing the profits among them. So they have the freedom to take decisions which can affect the internal environment of an organisation. Board of directors:The top level management of an organisation, is team of people who jointly oversees the activities of an organisation and interests of the shareholders. Employees:They are the base of an organisation. It is theworkforce without whom the company cannot sustain. Employees work hardfor thesuccess and growth of the company.. Managers need to maintain healthy relationship with their employees due to possibility of conflicts and issues which may arise among employees and will result in failure of business (Steurer, Martinuzzi and Margula, 2012). External environment These are the external forces that affects the business operations of a firm. These factors areoutside the control of an organisation.Company can overcome these factors by implementing suitable strategies and policies.For checking the effect of different external factors on the working of an organisation, PESTLE Analysis is done. The following can be illustrated as under:
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Source: PESTLE Analysis,2016 Political Factors:The government sets some rules and regulations for companies in order to do business in their country. It is necessary for M&S to follow such rules and standards in order to establish their business in that country. M&S should chose suitable country based on stability and political condition of the government in that particular country (PESTLE Analysis, 2016). Economic factor:Such factors include economic growth, exchange managers, inflation managers,interestmanagersetc.whichdirectlyorindirectlyimpactsonthebusiness performance. M&S should implement suitable price and product marketing strategies for attracting potential customers where the customers don't worry about their economic conditions. Social factors:These are the factors that cannot be directly controlled but they affect M&S and its business strategies. The aspects needed to be taken into consideration in social factors are age, distribution, cultural aspects on business environment concerns. M&S core shops typically feature a selection of the company's clothing ranges and food hall. Technological factor:It includes factors likechange in thetechnology, automation etc. which affects decreases the efficiency of the organisation.If M&S lacks behind in this factor, than the cost of production of the company will be more and the company will loose its market share.Company shouldupdate itself according to the changing environment and the technology. Environmental factors:These involves factors that effects the environment such as emissions of harmful gas, disposing the wastes etc.. M&S has been able to cut down on carbon dioxide emissions by about 40 %. The company has also been accredited with efficient Illustration1: PESTLE Analysis
electricity usage, reduced gas leaks, and better waste recycling levels. They also encourage their suppliers to practise eco-friendly techniques and helped them to go green and achieve higher efficiency.(Vashneya and Gupta, 2017). Legal factors:These factors include health and safety, consumer rights and laws, product labelling and product safety. Like any other firm, M&S also had to deal with some legal issues whenever it may not take into consideration the legal factors in their products. In order to stay away from the government intervention in the business, it is necessary to mention all the contents and necessary details about the product on its labels so that the customer may get the knowledge of the ingredients used in making the product. CONCLUSION From the above given information, it has been concluded that operations management is an indispensable part of an organisation. It has many benefits which are studied earlier so the business must understand the importance of operation management and work accordingly. This will increase the improve the productivity level and the costs will be reduced and company will be able to provide the same goods at low prices to the customer. For achieving this level, the managers of the company must perform both the functions of managers as well as leaders. This will increase the morale and confidence of employees and the results will be more clear and in favour of the organisation. Also, it must be notified that the company can maintain and improve the qualities of its products and services by using various approaches to operation management which will also help in producing the goods in a cost efficient manner. Internal and external factors that surrounds a business affects in both positive and negative way so the company must work accordingly, identify the opportunities and reduces the threats.
REFERENC ES Books and Journals De Roover, R., 2017.The Medici Bank: its organization, management, operations, and decline. Pickle Partners Publishing. Du, S., Bhattacharya, C.B. and Sen, S., 2010. Maximizing business returns to corporate social responsibility(CSR):TheroleofCSRcommunication.InternationalJournalof Management Reviews.12(1). pp.8-19. Grant, D. B., Wong, C. Y. and Trautrims, A., 2017.Sustainable logistics and supply chain management: principles and practices for sustainable operations and management. Kogan Page Publishers. Groves, C., Frater, L., Lee, R. and Stokes, E., 2011. Is there room at the bottom for CSR? Corporate social responsibility and nanotechnology in the UK.Journal of business ethics.101(4). pp.525-552. Hoi, C.K., Wu, Q. and Zhang, H., 2013. Is corporate social responsibility (CSR) associated with tax avoidance? Evidence from irresponsible CSR activities.The Accounting Review. 88(6). pp.2025-2059. Karnani, A., 2011. CSR Stuck in a Logical Trap: A Response to Pietra Rivoli and Sandra Waddock's “‘First They Ignore You…’: The Time-Context Dynamic and Corporate Responsibility”.California Management Review.53(2). pp.105-111. Khan, F.R. and Lund-Thomsen, P., 2011. CSR as imperialism: Towards a phenomenological approach to CSR in the developing world.Journal of Change Management.11(1). pp.73-90. Luo, J., Meier, S. and Oberholzer-Gee, F., 2012.No news is good news: CSR strategy and newspaper coverage of negative firm events. Boston, MA: Harvard Business School. Pedrycz, W. and Chen, S. M., 2015.Granular computing and decision-making. New York: Springer. Renz, D. O., 2016.The Jossey-Bass handbook of nonprofit leadership and management. John Wiley & Sons. Steurer, R., Martinuzzi, A. and Margula, S., 2012. Public policies on CSR in Europe: Themes, instruments,andregionaldifferences.CorporateSocialResponsibilityand Environmental Management.19(4). pp.206-227. Vashneya, U. and Gupta, S., 2017. Economic Reforms Concept and Strategy.Journal of Management Science, Operations & Strategies (e ISSN 2456-9305).1(1). pp.1-4. Online PESTLEAnalysis.2016.[Online]Availablethrough: <https://www.business-to-you.com/scanning-the-environment-pestel-analysis/>.