Management Style and Principles in Thomas Cook

This report discusses the management style and principles used by the CEO of Thomas Cook, a travel and tourism company. It explores the democratic management style and the principles of authority and responsibility, equality, planning, organizing, and leading or controlling. The report also examines the organizational structure and culture of Thomas Cook, as well as the leadership style of the CEO. Additionally, it discusses the impact of power, influence, and conflicts on the company's activities, and the importance of motivation in enhancing employee performance.

Management style

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
A..................................................................................................................................................1
Determine management style and sate principles or functions of management that is used by
CEO?............................................................................................................................................1
Use appropriate corporate examples and literature.....................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Management style can be describe as the approach which is consider by manager of
company in order to influence and motivate employee. This will majorly affect on performance
as well as capability of staff members. It is crucial for company to consider effective and
accurate management style for performing business operations in correct manner (Rubenand
Gigliotti, 2016). Chosen company for conducting this report is Thomas Cook. This company is
dealing in is and conducting its business activities in travel and tourism sector. Respective
organisation is providing different types of products and services and administration to its
customers. Thomas Cook is established in year 1841 and it is a British company which is
providing its products and services to its customers. This company is providing its products and
services to all around the world. In this report style of management along with different principle
or functions of management are determine. This report will include information regarding
organisational structure for attaining higher performance and organisation culture impact on
employee is analysed. Leadership style which is consider by CEO of company is analysed as
well as effect of power, conflicts on business activities. In this different motivational approaches
is used in order to motivate employees. Apart from this different recommendations are provided
for improving business.
MAIN BODY
A.
Determine management style and sate principles or functions of management that is used by
CEO?
The style of management can be explain as the way that is consider by affiliation in order to
the administrators its business action. There are a couple of organization style that is consider by
company so in order to successfully carry out business activities in such as manner that
organisational goals is successfully accomplished. For the CEO of respective travel company it
is crucial to think about effective and potential style of management as per the requirements of
business and accomplish desired goals. The significant administrative style consist of
participative, autocratic, and democratic many more. It is essential to ECO of respective
company to perform business activities through democratic management style as this will have
major positive impact on business.
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 Democratic management style – This management approaches is consider as the
effective and suitable supervision style which will strengthen staff members of company
as well as providing them correct and accurate direction for accomplishment of business.
(Spigel, 2017). This is administration style wherein CEO of THOMAS COOK business
is thinking about staff member participation in dynamic procedure of business. For
example CEO is providing opportunity to employees for sharing ideas or suggestions for
important decision making. In democratic administration style CEO is considering about
commitments of laborers and taking fitting decision by contemplating different staff
people. By embracing democratic management style of THOMAS COOK company
will be able to take correct and accurate decision which as per the needs of business. This
organization style will incite make strong relationship with agents and redesign their
commitments for accomplishing business objectives.
Management function and different principles
There are various principle of the board that will give rules to directing business exercises
just as the executives association task. CEO of THOMAS COOK company is considering about
different principle and function while directing business task.
Principle of management
 Authority and responsibility – It refer as the management principle that support in
providing direction regarding accountability of work as well as responsibility of
conducting organisational activities (Rubenand Gigliotti, 2016). For example CEO is
providing task to employees and these employees are responsible for completion of task.
 Equality – THOMAS COOK CEO is focusing on providing equality in business between
employees so that each and every employees get fair and equal chance of performing
business task. As per equality principle all employees are treated equally in the
organisation with kindness.
Functions of management
 Planning – CEO of respective company planning each and every task according to which
employees have to perform job role and attain desired goal. Planning is the first function
of management and in this strategies to conduct organisational task in developed.
 Organizing – This includes management of various resources and functions of
organisation in order to attain desired objective (Waldmanand Jensen, 2016). For
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example CEO of THOMAS COOK company is organizing employees in significant
manner and provide accurate resource to completing task.
 Leading or controlling – It is important for CEO of respective company to lead
employees in correct direction as well as provide guidance to them for accomplishing
objective. CEO have to control the activities of staff member with the motive of
accomplishing desired goals of business.
B.
The arrangement of organisation can be characterized as a scheme that diagrams how
various tasks and exercises are allotted, facilitated, regulated and coordinated inside an
organisation. It is significant in light of the fact that an organisational structure manages the
workers by delineating the task to whom they need to answer. Organisational structure makes it
simpler for the administration or management activities to add to new situations just as an
adaptability inside the framework. By not having a legitimate organisation structure can prompt
disarray or confusion among the employess as manager won't realize whom are they expected to
report (Capello and Kroll, 2016). There are various types of authoritative structures like level,
framework, line and so on. THOMAS COOK has a level hierarchical structure, which implies
that there are just not many of the executives between the representatives of the organization just
as higher specialists. For example hierarchical organisational structure will lead to support
manager of respective company. As per this structure of business information flow in correct and
accurate manner and manager will be able to control activities of business.
It is crucial for respective company executive to follow powerful tree level formation for
driving organisation action and achieve desired goals. Respective company relies upon Matrix
business format structure. This kind of organisational structure can be describe as mix of
different types of functions as well as divisional activities of company. This sort of structure of
business is useful for improving implementation of organisational task and activities. This kind
of business structure of respective travel company support in partner by giving progressively
rules and regulations for conducting task. For example staff member of respective business are
well aware regarding their job role and responsibility. They are functioning business task with
full capabilities with less errors. This is noteworthy in making workers increasingly mindful
towards their duty and employment job. Respective organisation arrangement will timely growth
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carrying out capacity of business as well as profitability of organisation. It is practical in
enlightening advancement as well as innovation with in THOMAS COOK company.
It has been determined that hierarchical organisational customs will provoke have straight
impact on capacity or potential for employees for accomplishment of business. It is basic for
respective travel organization to become considerate and positive multi level and formal culture
in order to overhaul carrying out of business task. traditions of business can be speak to as the
characteristics and belief of business on that different activities are conducted. THOMAS COOK
company culture depends on proper hierarchical chain so as to expand business execution as well
as capabilities (Patterson, Zibarras and Ashworth, 2016). In this kind of organisational customs is
significant in communication of task as well as directing employees to conduct different
activities in organization. For example when employees of THOMAS COOK company is well
aware about their job role and conducting business operation accordingly will lead to increase
performance of business. Through positive and friendly organisational culture all employee will
be motivate to work in effective and efficient manner in order to accomplish desired set of goals.
In this systematic system is situated in the culture all around controlled and effectively have
power over the staff members of respective company. This type of customs of respective
organisation is focussed on effectiveness just as dependability of workers to lead business task in
required way. It will prompt have critical effect on representatives. Hierarchical structure and
culture of THOMAS COOK organization is compelling in upgrading workers capacity to
perform assignment and backing in improving business creation and execution.
C.
Leadership style can be describe as approach which will have affect on as well as spurring
various other individual in order to conduct activities in effective or efficient manner. It is a way
in which kind of Leadership approach can be used in proper way through organization with the
motive on increasing and enhancing performance of business task as well as viably guide and
direct employees of business. It has been determined that several kinds of leadership approaches
that is utilize by the respective travel company CEO. Leadership style can be describe as the
method or approach that is consider by individual of separate organization to the board as well
as lead workers to execute task in required way. It is important for CEO of respective
association to consider accurate and exact Leadership style in order to upgrade authoritative
adequacy and proficiency (Dalkir, 2017). Respective travel company CEO is taking into
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consideration about supportive and transformational style. These type of leadership styles are
considered as powerful and effective leadership approaches which will have positive effect on
business and its workers.
 Transformational Leadership - Transformational direction can be refer as approach
through which a person in guiding and supporting in order to rouse as well as inspire staff
member or workers to advance and transform their skills which will directly lead to
increase persons capability and enhancing their competitive skills for successfully
accomplishing desired goals of organisation. This is sophisticated way in which leaders is
focusing on developing different skills with in worker as well as transform skill in
worker possession and autonomy in the work environment. Transformational leaders will
move and inspire their workforce without micromanaging activities. For example, They
focus on increasing trust of employees in order to prepared worker to take authority over
choices and transform employees skills or capabilities to attain desired goals of
THOMAS COOK. It is a leadership approach which is known for transformation of
individual skill in such as manner that their capability level is increased and develop
creative for looking to the future
 Supportive leadership – This type of leadership approach is refer as a specific
Leadership style for business for providing assistance to employees. Supportive
leadership style is consider by CEO of THOMAS COOK as it includes building trust,
motivation, and helping partners beat the difficulties they experience (Conforto and et.
al., 2016). Leaders will be able to increasingly strong of their groups should attempt to
energize collaboration, focus on individuals' connections, and furthermore show duty. For
example supportive leader are providing complete direction and assistance to its
employees. This will increase company to respective company to perform task in
required manner. Strong leaders are the individuals who are eager to concentrate on
distinguishing what changes and backing is required to guarantee the prosperity of their
group and convey an exclusive requirement of execution by reducing any unnecessary
issues or situation. CEO is focusing on making a supportive business environment, by its
tendency gives a teaching way to deal with employees in order to performance as well as
earn more profit.
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D.
THOMAS COOK company will be majorly influenced and affected by the power,
influence as well as conflicts’ with in the organisation. It has been determined that it is crucial
for CEO or supervisor of respective travel company to take into consideration of different
elements such as power, influence of other along with conflicts’ in organisation in order to
increase business performance. Organisational culture and performance of staff member will be
significantly influenced by power or conflicts. This will have significant effect on capacities and
capability of THOMAS COOK organisation in order to conduct organisational activities
noteworthy way. Employees will lead business exercises according with the impact of intensity,
impact and clashes of association. THOMAS COOK firm will have the option to build business
exercises by upgrading the effect of intensity and impact in positive way. Power can be
portrayed as the position and control that is held by top administration (Capello and Kroll, 2016).
Intensity of take choice and controlling authoritative exercises will lead to have huge effect on
respective company just as execution of workers. In separate association capacity to take
significant choice is hold by CEO. This will influence potential and capacity of workers to
execution organisational activities. For example THOMAS COOK organisation is considering
expert power while conducting business operations. This power will lead to support employees
and give correct and accurate advices to employees of conducting business activities.
Leaders of respective company have influencing abilities which will help with making
positive and sound workplace (Dalkir, 2017). Clashes or conflicts inside the business will lead
to have negative effect on association as well as affect efficiency of business. It has been
distinguished that there are different reasons that can prompt clashes or conflicts issues inside
THOMAS COOK and this will significantly influence dynamic procedure or activities of
business. For example conflict in business between different employees regarding work will lead
to affect the atmospheres of business. Clashes will lead upset business process and affect
business systems. It is vital for THOMAS COOK company to make right and compelling
decision so as to determine business conflicts and issues which affect business exercises in
required way. Positive and healthy competition between representatives will prompt make
positive fulfillment in association which will straightforwardly expand profitability of
association. While negative conflicts will influence working culture of business.
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E.
Motivation is considered as one of the fundamental part of business and it will prompt
have positive effect on association and capacities of representatives. It is important for supervisor
or CEO of THOMAS COOK organization to consider compelling and productive motivational
procedures so as to encourage employees (Lindon and Trodd, 2016). Respective company is
considering Maslow Hierarchy of needs as the framework to motive employees and boost their
performance. This theory of motivation is mention below –
 Physiological theory – This needs can be refer as the basic and essential need of human.
This kind of need incorporates food, water, cover and different needs which is significant
for endurance of an individual. Physiological requirements of representatives can be
fulfilled by giving premise necessities which is required while working in association.
Full filling of this need will prompt thought process representatives of THOMAS COOK
association.
 Safety needs – This need includes the necessity of security and wellbeing to person.
When premise needs are fulfilled an individual will concentrate on accomplishing
wellbeing needs which incorporates budgetary security, opportunity from dread, social
satiability, etc. It is significant for director of THOMAS COOK association to give work
wellbeing and budgetary security to its representatives as this will bolster in spurring
employees (Bowen, 2016). By achieving this needs representatives of particular
association will have the option to work all the more adequately and proficiently towards
objectives achievement of individual organization.
 Social needs – It is important for respective company to full fill the social needs or
requirement of employees. This will lead to encourage employees as well as boost their
capability to conduct organisational task in better manner. For example THOMAS
COOK company is conducting different activities of employees engagement in order to
meet with social needs of employees.
 Esteem needs – This need is identified with confidence, nobility, accomplishment of
takes and so on. It comprise of an individual status or renown which remembers notoriety
of an individual for personal or professional. For example THOMAS COOK association
needs to acknowledge employees performance for their extraordinary work and
commitment while performing task in effective and efficient manner (Pollack, 2015).
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This will prompt upgrade picture of workers in association just as help in expanding
regard needs of representatives.
 Self actualization needs – This need singular spotlight on self full fillment just as
looking for self-improvement. THOMAS COOK association ought to give chances to its
representatives of that they can look for individual and expert development. For example
It is significant for respective company to offer diverse kind of opportunities for
promotion to workers so self completion needs can be accomplish by individual.
Use appropriate corporate examples and literature
THOMAS COOK is a well established and known company which is providing its
products and services to large market area. this company is conducting business activities in
effective and efficient manner in order to attain the goal and objective of business. There are
different practices and activities that needs to be performed by employees in order to attain
desire goals and objectives. The major or appropriate corporate practices that is considered by
respective company are –
 Creating effective business manager in order to guide and direct employees to performing
organisational practices. This company use expert organisational culture in which
employees are guided or supported by expert advices for performing business task.
 Manager or leaders are considering effective style or approach for directing employees in
correct manner. Democratic management style and supportive leadership style will help
respective company to attain desired goals and enhance performance of business.
 Manager role in respective company is to communicate rules and regulations according to
which employees needs to perform (Alexander, 2019). This will support in providing
information about expectation of company form its employees.
Recommendations
There are several recommendations to the manager of THOMAS COOK company which will
lead to increase their capability and performance to conduct organisational task in more better
and effective manner. recommendations are mention below in detail.
 It is recommended to THOMAS COOK company to take a shot at its organisational
structure. It is important for respective company to enhance positive and kindness in its
organisation culture in order to motivate employees. Aside from this, the organization is
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additionally prescribed to improve correspondence inside the framework. For this, it is
critical to give compelling correspondence directs so employees in various divisions can
communicate with one another.
 It is important for respective company to motivate its employees, the management of the
organization is recommended to offer rewards, prizes or remuneration benefits. Because
of this, the employees will feel urged and increase to perform better. Weekly or monthly
gatherings ought to be directed wherein the director allots errands to the colleagues just
as audits their exhibition.
 It is recommended to THOMAS COOK company to build the degree of employees
engagement commitment in organisation. This will prompt have positive effect on
business execution and workers capacities. There are various ways that can be utilized by
association so as to expand worker commitment and direct association exercises
appropriately.
CONCLUSION
As per the above report it has been concluded that it is important for organisation to consider
effective and efficient leadership and management style in its business operation in order to
conduct task in better manner. Organisational culture and power will have affect over capabilities
and potential of employees. Motivation is essential part of business in order to increase
capabilities of employees.
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REFERENCES
Books and Journals
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