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Operation Management Assignment: TESCO

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Added on  2020-06-06

Operation Management Assignment: TESCO

   Added on 2020-06-06

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MANAGEMENT AND OPERATION
Operation Management Assignment: TESCO_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Differentiating between the roles of a leader and the functions of a manager..................1M1 Analysis and differentiation of roles of leaders and managers........................................3D1 Critical analysis of theories of leadership.........................................................................3LO 2.................................................................................................................................................3P2 and P3 Application of role of leader and manager in the organisation.............................3M2 Evaluation of strengths and weakness of approaches......................................................5LO 3.................................................................................................................................................6P4 and P5 Role leaders and managers play in the operations function of an organization....6M3 Operational management importance in acquiring objectives of businesses...................7LO 4.................................................................................................................................................8P6 Assessment of factors within the business environment that impact upon operationalmanagement and decision-making.........................................................................................8M4 Relationship between leadership and management affects the business environment....9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONObjective of the report is to study management and operations within an organisation. Itis a process of managing and administering business operations in order to produce qualityproducts and services for the customers. It is essential to organize business activities efficientlyso that objective set by the company could be attained. When functions of the firm are wellstructured and organised, it helps in improving its performance as well. Therefore, managers andleaders play an important role in management of business operations (Arora, 2013). To studymanagement and operations within a corporation Tesco company has been selected. Roles ofleaders and mangers in carrying out various tasks of the firm will be studied in the report. Tescobasically deals in providing food products in United Kingdom. Factors affecting businessenvironment will also be covered.LO 1P1 Differentiating between the roles of a leader and the functions of a managerTesco is a multinational company headquartered at England in United Kingdom. Theybasically produce grocery items and it is third largest company in context of profit generation.Management of the company is very efficient which has contributed in its success and growthacross the world. Good communication skills possessed by leaders helped in motivatingemployees which ultimately increased work efficiency. Managers have clear vision about thegoal of the company and accordingly work is organised by them so that maximum profits couldbe generated. Difference between roles of manager and a leader is discussed below:LeadersIt is the job of leaders to ensure that employees complete their assigned task within giventime period . They also look upon the efforts given by team members in acquiring objectives ofthe company (Anderson and et.al., 2015). Work could be enhanced by leadership skills whichhelps workers in motivating them to put more efforts so that best possible outcomes could beattained. They inspire people in turning their vision into reality. They engage people in variousactivities so that they can learn new things and their creativity gets increased.Manager They are basically involved in the designing and management of various activities of thefirm. They manage work and employees with the aim of fulfilment of set targets. Strategies aredesigned by them so that accordingly functioning of the organisation could be carried out.1
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Company policies and regulations are framed by them. Within any venture, there are severaldepartments such as finance, production, manufacturing, etc. for which managers are assignedwho carry out managing work. They also keep track on the performance of the staff membersand accordingly appraisals are given which helps in motivating them. It is the responsibility ofmanger to formulate plans for improving performance of the employees.Table 1: Comparison between a leader and a managerLeadersManagersLeaders are engaged in managing work andcommunicating with the employees so thatemployees could be told about the goals of thecompany (Berenguer and et.al.,2015).Managers are basically involved in theorganizing and managing work and employeesof the company. They communicate with highlevel authorities and set objectives arecommunicated to the team leaders and even tothe employees directly according to thesituational demand.Set targets and goals are communicated to theemployees by leaders.They are responsible in planning objectives ofthe venture.Managers provide direction to the leaders inwhich business operations should be carriedout in order to attain maximum profits.The direction in which organizational workshould be carried out is set by managers. Theydirect leaders.They motivate employees to give the bestpossible inputs in their work so that workefficiency increases.They encourage employees and leaders to workharder. It helps in improving performance ofthe organization.Leadership skills helps in inspiring people towork harder.Managers are responsible in designingstrategies for the company which is utilized inexecution of organizational work (Brown,Bessant and Lamming, 2013). They are responsible in putting targets andobjectives into action. Strategies and planframed by manager are implemented byleaders.They formulate various ideas and concepts forbetterment and advancement of company.Their focus is on employees of the firm.They are focused on acquiring objectives of the2
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