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Leaders and Managers in Business Operations's Management

   

Added on  2020-10-23

15 Pages3867 Words61 Views

Table of ContentsINTRODUCTION...........................................................................................................................2TASK 1............................................................................................................................................2a) Differences and Similarities between leader and manager their specific role andresponsibilities towards the organisation....................................................................................2b) Manager performing different functions according to the Henry Fayol principle.................4c) Different models and theories, including situational leadership, systems leadership andcontingency.................................................................................................................................5TASK 2............................................................................................................................................61. Different approaches in business operation's management to identifying the role of storemanager in TK Maxx..................................................................................................................62.Different role as a store manager in TK Maxx with example of an operation's manager........73. Importance of operations management at TK Maxx of Store manager..................................84. Identify factors that can have an effect on the operation's management for TK Maxx..........95. Factors impact upon your decision making as a store Manager in TK Maxx.........................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................111

INTRODUCTIONOperational management is a method to identify the actual requirement of businessoperations and functions. This system is deals with the controlling and designing of newstrategies for growth and development. They performing different function to increase theirvalue in marketplace. Manager is the important person to performs different roles to enhancetheir business all over the world. They influence or motivates to their employee towards theirgoals and objectives. This report discuss about the various role and responsibilities towards thebusiness operations and functions. Henry Fayol principle introduced for the development ofleadership style as well as management system. This report will determine different factors thatwould affect the operational management.TK Maxx is the fastest growing organization to use different technology to enhance theirbusiness all over the world. Store manager is plays important role for growth and developmentbecause they planning an innovative idea for increase their productivity and profitability inmarketplace.TASK 1a) Differences and Similarities between leader and manager their specific role andresponsibilities towards the organisationLeader- A Leader is the most important person to convince to their employee towardsthe growth and development. A Leader is good person who always influence or motivate to theiremployee towards the goals and objectives. They have ability to increase the business operationsand functionality all over the world. TK Maxx hire talented people who has capabilities andskills to understand the needs of customer. Manager- He is also very important person to handle all business activities andoperations in proper manner. A leadership quality is essential part of organization to gives alldirections to their employee (Kato, 2014). A leader has always concern about the goals andachievements of organization. TK Maxx is very popular organization to manage their businessoperations with the help of manager. They also take some important decision related the businessand employee. They have responsibility to provide guidance for employee and creating aneffective relationship between employee and organizations. Manager and leader always maintainthe relationship between them. For growth and development, they are playing an important roleto enhance their business as well as functionality. 2

LeaderManagerLeader makes a special vision- A leadermainly focused on specific vision toachieve their objectives. They inspire totheir employee towards the businessdevelopment. They try to turning fromvision to the reality.Leader always take risk- A good leaderalways try to take a risk in his work. Theyfail on their task therefore, they know howto manage the business planning andestablishing all over the world (Bealkowskiand et.al., 2015). Leader build relationship with employee-A good Leader always build an effectiverelationship with their employee. Theymotivate or influence to their employee fordevelopment. Leader always flexible to adopts a newtechnology to increase their business forgrowth and development. Manager makes unique goals- Manager isplanning an effective strategy to achievetheir objectives. They are mainly focused onmeasuring the business process and theirgoals.Manager try to control the risk- Manageris try to reduce the risk on the businessoperations. They avoid the problems andissues in the organization. It will promotetheir product in market effectively andefficiently. Manager build relationship with wholemanagement system- Manager coordinateswith the whole process and system. Theymainly focus on to analysis the wholebusiness process and work with theindividual goals and objectives (Chand andTung, 2014). Manager has focus on particular goals andobjective. It identifies the business need andplanning a new strategy according to thecustomer requirements. 3

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