Management and Operations in Industry

Understand Management and
operations in Industry

Contents
INTRODUCTION...........................................................................................................................3
LO 1.................................................................................................................................................3
P 1 Difference between Leaders and Managers..........................................................................3
LO 2.................................................................................................................................................5
P2 Roles of leaders and functions of manager applied in different situations.............................5
P3 Different theories of leadership along with strengths and weaknesses..................................6
LO 3.................................................................................................................................................8
P 4 Key approaches to operation management and role of the leaders and managers................8
P 5 Importance and value of operation management...................................................................9
LO 4...............................................................................................................................................12
P 6 PESTLE Analysis of ASDA-..............................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................15

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 Leaders Managers
Definition They possess a skill to motivate
people so that they can get the work
done and achieve the goal. They also
play a role to prepare others and
inspire them. By effective
communication they share their
ideas and by their set of skills they
Manager is the person who has a
staff under him who follow their
instructions and report to them. They
are the in charge of some operations
assigned by the company. They
control the factors of risk which are
involved in the assigned project to

make other people follow their
direction.
them. So that the company can easily
and risk free attain their goals.
Risk Leaders of ASDA are the ones who
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.
Managers of the ASDA are the ones
who analyze the risk 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. Managers
are the people who control the
problem instead of embracing them
and creating a mess for the company.
Relationships and
structure
Leaders of ASDA follow the
instructions and vision so that they
can maintain the relationship with
them. 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.
Managers 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 Leaders of the company have the
authority to take major decisions for
the company. They are considers to
be as transparent and authentic.
(Huq, Chowdhury and Klassen,
2016)
Managers of the company have to
follow the instructions and directions
which have been given by the
leaders of the company. 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
for the lower lever of management
such as appointing change, hiring or