Organisational Theory and Practice

Organisational
Theory and Practice
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................4
Explain management style, principles and functions of management used by retail firm CEO.4
Discuss various steps taken by CEO according to their organisation structure for achieving
higher performance and cultural change bought by CEO...........................................................5
Explain the leadership style used by CEO of relevance company..............................................6
Analyse the effects of power, influence as well as conflict at the chosen firm..........................7
Discuss the different types of motivation used at chosen firm...................................................8
Corporate example and literature review for justification........................................................10
Provide suggestion based on discussion & debate which increase organisational performance.
...................................................................................................................................................10
CONCLUSION .............................................................................................................................11
REFERENCES..............................................................................................................................12
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INTRODUCTION
Management style refers to a method which helps in managing organisation employees
and different activity (Adeoye and Adekunle 2020). It includes different functions of
management such as planning, organising, staffing, directing and controlling use for successfully
achieving organisational goal. This report is related to Wal-Mart, which is an American retail
company launched in 1962. Its headquarter is in Bentonville, Arkansas, U.S. It has around
11,510 stores established all over the world. It deals in almost all types of products such as
electronics, movies, clothing, pet supply, home improvement, jewellery, health and beauty. It
also deals in serveries such as pickup today, financial service etc. In context of selected firm its
leaders use different management styles for properly controlling and managing its resources and
workers. CEO of Wal-Mart (Doug McMillon) follow different management theories for facing
different situations and effectively achieving organisation goal. This report include different
management styles, functions and motivational theory used by CEO of selected firm for
managing their workforce. Every leader in an organisation have its own different style for
managing their employees properly. In relevance of chosen firm, transformational leadership
style is used by their leaders for enhancing skills of their employees. So that they work with their
full efficiency and achieve organisational goal.
MAIN BODY
Explain management style, principles and functions of management used by retail firm CEO.
Management style: In context of company, their CEO (Dong McMillion) use different
management styles for managing different activities and human resource in an organisation.
They use authoritative management style, which means providing a long term goal and direction
to their employees for smooth functioning of organisation. Because of this style their employees
are focusing on a clear direction. They are felling free and comfortable while performing any
task. Another important management style used by selected firm is affiliative management style.
CEO of selected firm use this management theory for creating a good relationship between
manager and employees in an organisation. By using this theory manger focus on avoiding
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conflicts in organisation. Which helps in smooth functioning of business (Ayman and Lauritsen
2018).
Principles of management: It play an essential role in an organisation. CEO of selected firm
use different principles given by Henri Fayol. Which helps him in managing all its internal
activities of an organisation. Principles used by selected firm in organisation are discuss below:
 Division of work- In context of company, their CEO use this principle for enhancing
productivity and efficiency of their employees. In this principle all work is divided into
teams which reduce stress level of their employees. It will enhance their workers
accuracy and speed (Martínez-Costa and et. al. 2019).
 Discipline- It is consider as core value of any management. Which helps selected firm to
enhance performance level of their employees. Good behaviour of employees helps them
in building their careers.
 Unity of direction: This principle of management used by selected firm for their workers
to work for a specific goal and task which will make their work simple and help in
achieving organisational goal.
Functions of management: In context of selected firm their CEO use five important function of
management for properly managing their human resource and different activities of an
organisation. These are discuss below:
 Planning- First important function of management used by CEO of selected firm is to
make a clear plan that helps in achieving organisation goal. This plan includes all actions
and strategies which are used for smooth functioning of organisation.
 Organizing- It refers to a process which help CEO of selected company to established a
relationship between workers to work with their full efficiency towards achievement of
specific plan
 Staffing- It refers to selecting a right person at a right job in an organisation. For success
of any organisation its important that their employees have good knowledge and skills
(Holweg and et. al. 2018).
 Directing- This function of management involve guiding and motivating employees
towards achievement of organisation goal. In context of selected firm, their CEO use
different techniques to motivate their workers towards achievement of specific plan.
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