Management Style and Functions of CEO in a Retail Firm

Organisation theory
and practice

Table of Contents
INTRODUCTION.......................................................................................................................................3
Discuss management style along with principals and functions of management that are used by CEO of
retail firm.................................................................................................................................................3
Discuss steps taken by CEO regarding change in organization structure to achieve higher performance
along with the changes brought in organizational culture and its impact over employees.......................5
C) Discuss leadership style of CEO of firm.............................................................................................6
Analyze effect of power, influence and conflicts within company..........................................................7
Discuss different types of motivation in organizational context..............................................................8
Use of corporate example and literature..................................................................................................9
Recommendations...................................................................................................................................9
CONCLUSION.........................................................................................................................................11
REFRENCES............................................................................................................................................12

INTRODUCTION
There are ample of theories as well as concepts are used in organization in order to attain
predefined goals. Managers and leaders are the key person of company who perform necessary
business function for betterment of organization (Alda and Ferruz, 2016). In the current report,
TESCO is taken into consideration that is a renowned supermarket company and has
headquarters in UK. It deals in variety of products such as food, clothes and more across the
world. Currently, it is working in nearly 13 countries at global level. Present CEO of company is
Ken Murphy who has been appointed in 2020. The present report is based on management and
leadership approaches that are being adopted by CEO of organization. It comprises management
as well as leadership style along with the functions of manager. Further, impact of power,
influence as well as conflicts over organization have also been discussed in present report. It
includes different methods that are used by managers to motivate employees. Lastly, some
necessary recommendations also included in the following report.
Discuss management style along with principals and functions of management that are used by
CEO of retail firm
Management style is the way that is used by a manager in order to attain predefined goals
and objectives in stipulated period of time. It is analyzed that managers need to take ample of
decisions on regular basis so management style demonstrates the way as per which managers
take decisions, organized task and exercise authority. Different style of management are
discussed as under:
Authoritarian management style: Here, managers provide clear direction to employees
and keep appropriate control over their activities. It is also known as directive management style.
Here managers have all the control and power of decision making (Anwar and et. al., 2020).
Visionary management style: In this manager are not involved on day to day task rather
they formulate vision in order to inspire, motivate employees. They make sure that staff
members get proper direction so that they can get success in career.
Transactional management style: Under this, managers provide rewards, bonus,
incentives to work force so that they get motivated towards organizational goals and objectives.

Main aim of this style is to enhance in overall productivity and efficiency of staff members by
motivating them on regular basis (Burns, Pösö and Skivenes, 2017).
Democratic management style: It is widely used style of management in which managers
motivate employees to take part in decision making process of company. It is also known as
participative management style.
It is analyzes that CEO of TESCO adopts democratic management style in which they
motivate employees to take part in organizational task in order to ensure higher growth and
success of company. Here, suggestions, thoughts of work force are hear so that organization is
able to provide better services to customers.
Principles and functions of management:
Planning: It is analyzed that Ken Murphy, CEO of TESCO believes in planning and
execute those plans in an effective manner. For this purpose, strategies, plans are prepare in order
to deal with future uncertainties (Chamberlin, Yasué and Chiang, 2018).
Organizing: It is also an important function of management. It is analyzed that
management of respective company organize all the activities as well as resources in such a
manner that will be beneficial for organization. So, they are able to make optimum use of
available resources.
Staffing: In this regard, managers hire potential as well as competent candidate who will
significantly contribute in organizational growth and success. They undertake efficient way to
screening candidates so that they can select most suitable applicant for vacant position.
Directing: Under this function, managers provide guidance, support as well as assistance to work
force on regular basis. It is also monitored that they motivate employees through monetary and
non monetary ways (Chukwusa, 2018).
Controlling: It is last but most crucial function where managers of TESCO keep proper
control over activities of human resources by comparing their actual performance with
predefined standards.