Leadership Management: Morrison's Cost Reduction Project Report

This report focuses on a cost reduction project undertaken by Morrison's, a leading UK business unit. The project aims to provide customers with quality products at lower prices. The report details the strategies, including wastage control, budgeting, and the adoption of new technologies. It emphasizes the importance of leadership in driving the project's success. The report also highlights the role of cost-benefit analysis, investment factors, and alternative evaluations in the cost reduction process. Furthermore, it discusses the significance of promotional campaigns and performance evaluations in enhancing productivity and profitability. The report also includes a discussion on negotiation matters with stakeholders. The report analyzes how the project is implemented and the impact of leadership on the project and the organization. It also highlights the importance of various factors in a cost reduction project.

The cost reduction project

Program summary
Project title is “cost reduction”
Such project is based on Morrison’s which is one
of the leading business units of UK. It offers wide
range of products or services to the customers at
affordable prices.
The main of Morrison’s behind undertaking cost
reduction project is top provide customers with
quality products at lower price level over
competitors.

Program objectives
Cost reduction
 Enhancement of operational efficiency
 Maximization of productivity and
profitability
Enhancement of customer base

 Leadership is that factors which help an enterprise in order to retain all
their personnel like a chain.
 It assists firm in connecting each other to work for a common objective
carried out by the firm. This project report is based on Morrison’s which is
one of the leading business units of UK.
 Such business unit offers wide range of products or services to the
customers at affordable prices. In this, I am working as an assistant
manager from the last two years.
 It will shed light on the manner in which plan can be prepared for
negotiating with the stakeholders.
 In addition to this, it will also provide deeper insight about the phases of
assignment considered for ensuring the better management of
programmes.

 Cost reduction or control strategy:
wastage and controlling cost to the large
extent
 Budgeting: Helps in exert control on
spending level

Adoption of the latest machineries
and other equipments
Employment of budgeting technique
Focus on the promotional aspect or
campaign

 Cost, enhancing efficiency and quality of the
products and services: Performance evaluation
, by making continuous assessment of actual
expenses in against to the budgeted figures
 Enhancement of productivity and
profitability: Advertising strategy will be used
developing awareness among the customers
regarding price or quality aspect

Negotiation matters are enumerated below:
 Cost-benefit analysis
 Investment factor
 Alternative evaluation for cost reduction
 Discussion about the ideas and benefits
pertaining to the implementation of cost
reduction project

Agnoletti, V. and et. al., 2015. Operating Room Leadership:
Who is the One. J Anesth Clin Res. 6(576). pp.2.
Appadurai, A., 2009. Higher Education's Coming
Leadership Crisis. Chronicle of Higher Education. 55(31).
Arnold, R., Fletcher, D. and Anderson, R., 2015.
Leadership and Management in Elite Sport: Factors
Perceived to Influence Performance. International journal
of Sports Science & Coaching.10(2-3). pp.285-304.