Report on Developments in Practice of Management (Course Code: LM101)

This report provides a detailed analysis of developments in management practices. It begins with an introduction to management functions and then delves into Total Quality Management (TQM), exploring its concepts, benefits, and challenges, with a case study of Tesco. The report then examines the Just in Time (JIT) process, also known as lean process, and its role in aligning raw material orders with production schedules. It further discusses the impact of technological innovation on market competitiveness and consumer satisfaction. The report also addresses sustainability and environmental issues, highlighting the causes of environmental problems. Finally, it touches upon the concepts of post-capitalism and concludes by summarizing the key findings and emphasizing the importance of sustainable approaches and technological advancements in enhancing business growth and competitiveness. The report references several academic sources to support its claims and provides a comprehensive overview of the evolution of management practices.

DEVELOPMENTS IN
PRACTICE OF
MANAGEMENT

TABLE OF CONTENT
• INTRODUCTION
• Total Quality Management
• Just in time process
• End of capitalism and post capitalism
• CONCLUSION

INTRODUCTION
• Management is a composition of functions such as
planning, organizing, directing and controlling through
which organisation can utilise all resources effectively
and accomplish organisational objectives with
constructive approaches (Armstrong and Taylor, 2020).
The topic that is covered in this presentation is related to
management practices which are adopted by organization
for development. Development practices of management
are systematic approaches through which a business can
enhance efficiency and effectiveness of all employee's

TOTAL QUALITY MANAGEMENT
• Total Quality management (TQM) is a continuous approach
through which a business can gain long term success and meet
customer satisfaction. All employee's of an organization
involve in business practices and activities through which
they can enhance their products, services, process and
working culture of management.
• In context of Tesco, TQM strategies used by
organization helped business to improve performance of
department through which customer needs can be monitored
and customer satisfaction can be met

CONCEPTS
• Total Quality Management is a technique through which a business can enhance skills and
abilities of their employee's through which they can meet customer demand. This technique help
business in aligning customer demands with business goals and mange customer relationship
effectively. This approach also help business to increase their sales, revenue and market share
(Baumgartner and Rauter, 2017).
• TQM is a business practice through which a business can enhance employee involvement. It is
customer focused and process centered approach through which continuous improvements can
be done and decisions can be made on the basis of factual data.

CHALLENGES
• Several challenges faced by companies in implementing a successful TQM are stated below:
• Lack of commitment- Lack of commitment is one of the major factors which creates a barrier for an
organization in implementing total quality management strategies.
• Lack of training- Lack of training is one of the major challenges which creates a barrier for an organization
in analyzing training requirements and providing training sessions to all employee's (Hayes, 2018).
• Lack of resources- Lack of resources and inefficiency in managing all resources create a barrier for an
organization in implementing TQM strategies successfully in an organization.
• Poor and ineffective planning- Inability to plan and organize all activities of management creates a barrier
through which management cant implement a successful TQM strategy.

JUST IN TIME PROCESS
• Just in time or lean process is a management technique through which orders of raw materials
from suppliers can be aligned directly with schedules of production. With the help of this
method, manufactures can forecast customer demand accurately. This approach of development
help management to enhance efficiency and reduce wastage of all goods through analyzing usage
of raw material and delivering on basis of requirements which will also help in saving cost
(Haynes, 2015).
• Toyota propose their changes as planned experiments and encourage their employee's to
experiment frequently through which they can enhance their performance and use effective
strategies that can help in accomplishing organizational goals.

TECHNOLOGICAL INNOVATION AND FACTOR
OF CHANGE
Technological innovation help business to increase the market competitiveness through which a
business can gain success. These factors also enhance the living standards of individuals. Such
innovations in technology help business gain opportunities, enhance the quality of products
through technological advancement and bring quality products and services to market through
which business can gain success. Due to rapid change in technology, massive influence on
organization can occur and by adopting strategies which can be implemented by using digital
media platforms can help business to function and enhance their organizational productivity and
performance.

SUSTAINABILITY AND ENVIRONMENTAL
ISSUES
Business environment is a composition of all micro and macro factors which can affect the functioning of
organization. The effective scanning of business environment help organization in analyzing all
responsible factors which can influence operations of management. Sustainable business environment
help to shift renewable resources, protect ecosystem, avoid excess pollution and create inter-generational
decisions.
Causes of environmental problems
• Massive increase in population growth
• Inefficiency in utilization of resources
• Poverty

END OF CAPITALISM AND POST CAPITALISM
• Information Technology- it is a technological advancement through
which data can be stored, retrieve, transmitted and manipulated. It is a
management of computer based information system.
• In context of Tesco, it has helped company in reshaping economy,
values and behaviors through technological advancement. It helps
company to perform all assigned tasks and duties effectively and also
helps in reducing labor cost (Wilton, 2016). Technological advancement
have helped organizations in producing goods and meeting consumer
demand through which business can achieve consumer satisfaction.

CONCLUSION
• Development in management practices help business to enhance their business growth and use
environmental and sustainable approaches through which business sustainability can be
enhanced. TQM is a systematic approach through which employee satisfaction can be met but
there are several challenges such as inefficiency in resource utilization and poor planning can act
as a challenge. Just in time is a process which is used by organization which help management in
forecasting and supplying customer demand. There are several technological advancements
which help business to compete with other companies and manufacture products and services
which can help in gaining competitive advantage

REFERENCES
• Armstrong, M. and Taylor, S., 2020. Armstrong's handbook of human resource management practice.
• Baumgartner, R. J. and Rauter, R., 2017. Strategic perspectives of corporate sustainability management to develop a
sustainable organization. Journal of Cleaner Production. 140. pp.81-92.
• Hayes, J., 2018. The theory and practice of change management. Palgrave.
• Haynes, P., 2015. Managing complexity in the public services. Routledge.
• Kothari, U. ed., 2019. A radical history of development studies: Individuals, institutions and ideologies. Zed Books Ltd..
• Ledwith, M., 2020. Community development: A critical approach. Policy Press.
• Slack, N. and Brandon-Jones, A., 2018. Operations and process management: principles and practice for strategic
impact. Pearson UK