Management and Operations in Industry

Understand Management and
operations in Industry

Contents
INTRODUCTION...........................................................................................................................2
LO 1.................................................................................................................................................3
P 1 Difference between Leaders and Managers ..........................................................................3
LO 2.................................................................................................................................................4
P2 Roles of leaders and functions of manager applied in different situations.............................4
P3 Different theories of leadership along with strengths and weaknesses..................................6
LO 3.................................................................................................................................................7
P 4 Key approaches to operation management and role of the leaders and managers................7
P 5 Importance and value of operation management...................................................................8
LO 4...............................................................................................................................................11
P 6 PESTLE Analysis of ASDA-..............................................................................................11
CONCLUSION ............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
Operations management is the administration of business practices to create the highest level of
efficiency possible within an organization. It is concerned with converting materials and labor
into goods and services as efficiently as possible to maximize the profit of an organization. It
involves planning, organizing and directing day to day tasks in order to achieve daily tasks. It is
responsible for the maintenance and management of the organization of daily goals. ASDA
Stores Ltd trading as ASDA, is a British supermarket retailer, headquartered in Leeds, West
Yorkshire. The company was founded in 1949 when the supermarket owning Asquith family
merged with the Associated Dairies company of Yorkshire. Besides its core supermarkets, the
company also offers a number of other services, including financial services and a mobile
phone provider that uses the existing EE network. This report covers questions such as
Difference between Leaders and Managers, roles of leaders and functions of manager applied in
different situations, Different theories of leadership along with strengths and weaknesses, Key
approaches to operation management and role of the leaders and managers, PESTLE Analysis of
ASDA, importance of operation management.
LO 1
P 1 Difference between Leaders and Managers
Basis Leadership Management
Definition Leadership is concerned with a skill
which helps to motivate people so
that they can get the work done and
achieve the goal. It influences other
people to follow the direction given
by them. They also play a role to
prepare others and inspire them. By
effective communication they share
Management is the function which
helps to maintain the balance and
coordination in the company so that
they can easily achieve their desired
objectives. They are the in charge of
some operations assigned by the
company. They control the factors of
risk which are involved in the

their ideas and by their set of skills
they make other people follow their
direction.
assigned project to them. So that the
company can easily and risk free
attain their goals.
Risk ASDA follows a leadership theory
which derives them to never give up
and keep on trying out new things
even if they don’t get success
because they know with their
experience that sometimes it is
possible that their outcome won’t be
successful that does not mean they
will give up. They will keep on
trying so that they can achieve
success for the company.
Management of ASDA have a job to
analyze the risk which is involved in
any situation and figure out a way to
minimize the risk. So that whatever
moves the leaders of the company
take will increase the chances of
getting successful results.
Management controls the problem
instead of embracing them and
creating a mess for the company.
Relationships and
structure
Leadership theory helps to follow
the instructions and vision so that
the company can maintain the
relationship with their clients. They
also spend their most of the time
with them so that they can earn their
trust and work according to their
vision in order to deliver them their
expected outcome.
Management of the company make
sure to make a structure so strong
that they can achieve their goals.
They analyze all of the possibilities
so that they can attain the expected
outcomes. They enable a proper
coordination with the individuals in
order to achieve the objectives of the
company.
Authority Leadership has the authority to take
major decisions for the company.
They are considers to be as
transparent and authentic. (Huq,
Chowdhury and Klassen, 2016)
Management of the company have to
follow the instructions and directions
which have been instructed by the
leadership theories. They are not
allowed to take any major decisions
on behalf of the leaders for the
company though they have some
authority to take decisions which are