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Management and Operation Assignment - Corus

   

Added on  2021-02-19

14 Pages4064 Words72 Views
Management andOperations
Management and Operation Assignment - Corus_1
Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................3P1............................................................................................................................................3TASK 2............................................................................................................................................5P2)...........................................................................................................................................5P3)...........................................................................................................................................6TASK 3............................................................................................................................................8P4............................................................................................................................................8P5............................................................................................................................................9TASK 4 .........................................................................................................................................10P6).........................................................................................................................................10CONCLUSION ............................................................................................................................12REFERENCES .............................................................................................................................14
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INTRODUCTION Management means to create, control and manage the set of business activities, forachievement of strategic objectives. In this regard, operations management has a vital role inmanaging various activities which are part of production of products and services. Leaders andmanagers are two vital components of managing a business enterprise. This report is based uponan organisation named, Corus which is a Tata Steel Group part and produces steel basically inUK and Netherlands (Boyd and Dougherty, 2016). In this report comparison between role ifmanagers and leaders are elaborated in detail. It also includes examination of examples howleader's roles and manager's functions applied in various contexts of an enterprise with theapplication of various approaches and models. It also includes operation management's keyapproaches, value and significance for the purpose of achieving business objectives. It alsocovers various factors and forces existing in environment of business that has affect overdecision making and operational management by managers and leaders. TASK 1P1Operation management is an administration of practices of business that create highefficiency level that is possible within an enterprise. In context of Corus, operation managementplays a vital role in improving efficiency of production which enhance overall profitability of anenterprise. In this regard, both leaders and managers plays significant roles to set goals andachieve them within specific time period. Leader- Leader is an individual that influence, commands, guide and lead a group ofpersons or an organisation. Leader is a person who is an inspiration to people and providesmotivation to them towards achieving goals of an organisation (Leadership v/s Management,2019). Leaders have effective communication ability by which they can easily communicatewith employees regarding objectives of a business. The role played by leader is to influence andmotivate employees towards achieving overall objectives of an organisation.
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Manager- A manager is a person who is responsible to control and manage all theactivities taking place in an organisation. It is the responsibility of managers to exercisefunctions of management in an appropriate manner. Managers are reliable and are available toemployees and provide them support whenever needed. The role played by manager is to controland manage all the business activities and to make sure that work is completed within aspecified period of time (Ellitan, 2017). Differences between manager and leader BasisLeaderManagerCharacteristicsLeader of Corus createsa long term vision foran organisationtowards achieving itsgoals and inspirepeople in order toconvert this vision intoreality. Leader of Corus arerisk takers and keep oninnovating new ideasfor the benefits ofbusiness (Eraki, 2015). On the other hand,manager of Coruscreate goals and focusto set, measure andachievement of theseobjectives. Whereas, Corus'smanagers avoid risksand they work tominimise risks existingwithin a businessentity. RoleThe basic role of leaderin Corus is to influencepeople and motivatethem to achievebusiness objectives. Another role of leaderis to set directiontowards achievinggoals of an enterprise.The role played bymanager is limited, thatis to manage andcontrol businessactivities.Manager of Corus isresponsible towardsmaking plans regardingachieving objectives ofbusiness.
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