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Management Thought and Practices

   

Added on  2023-01-09

12 Pages3692 Words84 Views
Business DevelopmentLeadership ManagementProfessional Development
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Management Thought
and Practices
Management Thought and Practices_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Q1) Management Roles and Functions that Rebecca Performs at Allstyles Departmental Stores
and Their Importance...................................................................................................................3
Q2) Management Theories that are Applicable to the Case Study..............................................8
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
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INTRODUCTION
Management relates to a dedicated set of principles related to the organising, planning,
directing and controlling the various operations and employees of a business organisation and
using such principles in a business organisation with the intention to achieve optimum levels of
performance and efficiency and also allowing for the business organisation to accomplish its set
organisational objectives and goals. Effective management is an essential business operation
that contributes immensely towards the overall success and profitability of the business
organisation in the consumer markets (Engwall, Kipping and Üsdiken, 2016). This report
analyses the case study of Rebecca, who is the General Manager of Allstyles departmental stores,
which is a large store that is located in the city centre. Allstyles departmental stores possesses 10
distinct departments that sell a wide array of goods to the retail customers such as clothing
apparels, furniture, carpets, electronic appliances etc. The case study showcases Rebecca
performing and fulfilling various important, essential roles and responsibilities which effectively
contribute towards the overall success of Allstyles departmental stores in the retail sector.
MAIN BODY
Q1) Management Roles and Functions that Rebecca Performs at Allstyles Departmental Stores
and Their Importance
As a General Manager of the Allstyles departmental stores, Rebecca is required to
perform various important, essential and key management roles and functions, as part of her
daily operations, all of which are highly important and significantly contribute towards allowing
for the Allstyles departmental stores to operate with increased performance and efficiency and
accomplish the organisational goals and objectives that have been created by the leadership and
senior management of Allstyles departmental stores. Through the six distinct clips of film that
are showcased to us in the provided case study, the main important and essential management
operations and roles that are performed by Rebecca at Allstyles departmental stores can be
effectively analysed.
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Communication and Coordination: One of the most important roles, responsibility and function
of a manager within a business organisation relates to effectively communicating the various
business strategies and plans that have been created by the leadership and senior management of
the business organisation to all the employees, managers and administration of the business
organisation, allowing for the business organisation’s diverse sets of employees, management
and operational departments to be able to work and cooperate together in a cohesive manner,
allowing for the business organisation to be able to operate towards optimum performance and
efficiency metrics and achieve its organisational goals and objectives. Rebecca performs the vital
communication and coordination management functions as is evidenced by her conducting a
dedicated meeting with all the departmental managers of the Allstyles departmental stores, where
she explicitly communicates and explains to them the promotional and pricing strategies that
have been created by the Allstyles departmental store’s leadership and senior management and
are required to be effectively implemented by the managers as part of their operations within
Allstyles departmental stores (Bastas and Liyanage, 2019). This is an immensely important
management role of Rebecca, as without effectively communicating and explaining to the other
managers of Allstyles departmental stores about the promotional and pricing strategies that are to
be implemented across the retail organisation, the management of Allstyles departmental stores
cannot effectively implement the promotional and pricing strategies that is created by its
leadership, organisational wide and reap the rewards that such promotional and pricing strategies
offer.
Setting Objectives: Another major management role and responsibility relates to designing and
setting organisational objectives and goals for the business organisation and its employees. The
objectives of a business organisation and its individual employees pertain to the measurable and
specific results that the business organisation and its employees are required to achieve in order
to conduct their operations in a successful manner. This is also an extremely important
management function and role within a business organisation as without having explicitly
created goals and objectives to work towards, the business organisation cannot hope to make
operational progress and work towards successfully operating within the operational industries
(Barry, 2017). Rebecca performing this key management role is showcased to us in the case
study through her planning and meeting with senior executives from the head office of Allstyles
departmental stores in order to effectively negotiate and agree to the sales objectives and targets
Management Thought and Practices_4

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