Management and Operations Report: Theories, Skills, and Leadership

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Added on  2023/01/18

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This report provides a comprehensive overview of management and operations, focusing on leadership theories, management functions, and the differences between leaders and managers. It explores various management theories, including Management by Objective and Classical Management Theories, highlighting their impact on organizational performance and employee motivation. The report delves into different leadership styles such as transformational and transactional leadership, as well as the Action Centred Leadership model. It also examines the significance of both hard and soft leadership skills in achieving organizational goals. The content further discusses the functions of management, offering insights into planning and organizing within a business context, and emphasizes the contribution of effective leadership and management to achieving organizational objectives. The report concludes with references to relevant academic sources.
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Management and
Operations
(LO1)
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Content
Introduction
Management Theories
Difference Between leaders and managers
Functions of management
Theories of leadership
Action Centred Leadership
Hard and Soft Leadership skills
Conclusion
References
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Introduction
Management is the set of activity with the help of which the
companies achieve their organisational objectives. While an
operation is a function which is performed in the organisation
that helps them to carry out and manage the routine activities of
the businesses efficiently.
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Management Theories
Management theories are the
general rules with the help of
which they manage the
organisations effectively.
They can efficiently guide the
employees working in their
organisation to achieve their
targets.
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Management by Objective
Management by Objective is a strategic model which aims to
improve the organisational performance by defining all the
goals and objectives which are agreed by both the employees
and the management. It will improve the communication
among the employees of ASDA and the employers but it is a
time consuming procedure.
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Classical Management Theories
In this management theory it is believed that the employees
have just two needs physical and economic needs. They do
not take into consideration the social needs of the employees.
Such theories are suitable where hierarchical structure is
followed.
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Behavioural theory
As per this theory the mangers have to understand the
behaviour of the employees which helps them to motivate
them. They are treated as the resources of the organisation,
along with this their social and psychological needs are also
considered.
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Difference Between leadership and
management
Basis Manager Leaders
Definition A manager is the one who has the power
the control and manage the employees and
the activity of the organisation.
Leaders are the one who has the ability to
influence the followers to motivate them
to achieve their targets.
Personality styles They are rational which helps them to
solve the problems easily.
They are generally comfortable in taking
the risk.
Focuses The focus of the managers is on managing
the work at the workplace.
While their focus is on the leading the
group and guiding the people.
Role Their role is to manage the operations and
the activities.
The role of the leaders is to encourage the
employees.
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Functions of management
Management has to get the work
done from others for which they
have to undertake various
functions. Various functions are
performed by the management of
ASDA such as :
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Continue…
Planning: In this the mangers of ASDA formulate various plans by
identifying various objectives which they have to achieve in specific time.
Organising: In this they allocate the resources which are helps by ASDA
among various tasks and activities which they have to perform.
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Theories of leadership
Various theories of leadership are
used by leaders to motivate the
employees in ASDA. Some of
them are trait theory, contingency
theory, transformational theory etc.
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Transformational leadership
In this style of leadership the leaders
considers the values, beliefs and the opinion
that they have. With the help of this the
employees can be provide various
opportunities that can motivate them to
consistently perform.
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