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Managing People in Organisations Assignment

   

Added on  2020-10-05

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Managing people in organisations
Managing People in Organisations Assignment_1

Table of ContentsINTRODUCTION...........................................................................................................................31. Different types of motivation theories and their application to an organisation ...................42. Comparison and contrast of management and leadership styles and their uses....................73. Factors influencing individual’s behaviour in TESCO...........................................................9CONCLUSION .............................................................................................................................12REFERENCES................................................................................................................................1
Managing People in Organisations Assignment_2

INTRODUCTIONFor any organization to attain success in long term it require to have an efficient andeffective management in all its business operations and functions. Management forms the corefunctions of an organization which is the ability of a manager to getting work done from people.In an organization the most critical task of a manager is to handle its work force, it is becauseemployees from the most valuable assets of firm who serves as a source of knowledge, skills andcreative ideas utilizing which a company achieves its objectives and generate maximum output.Managing personnel includes formulating those policies, procedures and strategies that helps inestablishing cordial relations, better coordination between all members from top level to downbelow subordinate and develop their capabilities to respond and absorb changes introduced inresponse to changing environment dynamics (Al Ariss Cascio and Paauwe, 2014). TESCO is the third largest retailing multinational brand in terms of profits across theglobe dealing in groceries and other general merchandise . This assignment will discuss about various motivational theories that are applied byTESCO, along with advantages and disadvantages of each one of them and its impact onorganization Further, it will discuss about various management and leadership styles that can beadopted by an organization to enhance its employees efficiency along with advantages anddisadvantage of them. Moreover it will also define various factors that influences theperformance of an individual in an organization.Overview of TESCO:TESCO is one of the biggest supermarket dealing in a variety of food and non food lineslike groceries, stationary, electronics, seasonal items like garden furnitures etc. It was establishedin 1919 with its headquarters in UK, Cheshunt which is registered on the London stock
Managing People in Organisations Assignment_3

Exchange. It has a team of around 476,000 employees who are managing its 6553 stores in morethan 15 countries worldwide. The main objective of TESCO is to create sustainable long termgoal by diversifying its business operations in global market for which it is of vital importancefor TESCO to manage its employees by giving them proper direction to complete their task inbest possible ways and providing them with necessary training to enhance their skills andknowledge required to fulfil their present and future job responsibilities. The key role of managerhere is to motivate, inspire and lead its employees to work with best of their abilities and to aligntheir personal goals with organizational aims so that they put their best efforts in achieving themwithin specific time frame. 1. Different types of motivation theories and their application to an organisation In today's dynamic business environment its become crucial and critical for a firm to copeup with numerous environment factors impacting its profitability and sustainability in market. Insuch scenario an effective enterprise is considered the one who has an edge over its businessrivals and who is able to successfully manage its hard elements consisting factors like structure,system and strategy as well as soft elements comprising skills, values, style and employees in anefficient and coordinated manner. Employees being cornerstones the most valuable resourcesforms core competencies of a firm. It is because they represents the face of a company, firstperson with whom a customer interacts and make perception about an organization. Thus, it is ofutmost importance for a company to maintain cordial relations with them (Bolden, 2016 ). It canbe achieved by encouraging them by understanding their needs and using appropriatemotivational methods to work hard with best of their capabilities to achieve organizational goalswhich are in alignment with their personal objectives. Some of the theories of motivation arementioned below:-
Managing People in Organisations Assignment_4

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