Analysis of Leadership and Management at Prime Furniture

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Added on  2023/01/06

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This report examines the roles and characteristics of leaders and managers within the context of Prime Furniture, a UK-based furniture company. It differentiates between management, which involves efficient business activity administration, and operations, which focuses on administrative tasks to achieve organizational objectives. The report explores the evolution of management concepts, including management by objectives, and then compares the roles of managers, who focus on planning, organizing, directing, and controlling, with those of leaders, who inspire and motivate employees. The report highlights management functions such as planning, organizing, and staffing, and discusses leadership theories like transformational and transactional styles, contrasting hard management skills with soft leadership skills. The report concludes by emphasizing the integral roles of management and operations in business activities and their impact on society.
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MANAGEMENT AND OPERATIONS
Prime furniture
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Table of content
Introduction
Difference between the roles and characteristics of a leader and
manager
Conclusion
References
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Introduction
Management refers to mange all the business related activities in an
efficient manner with the help of various managerial functions such as
planning, organizing, directing and controlling. Whereas operations means
to manage all administrative tasks to achieve organizational objectives.
The organization that has been taken in this presentation is Prime
furniture. It is UK based company that offer a variety of traditional and
modern furniture to consumers. This presentation will cover, difference
between the roles and characteristics of a leader and manager in context of
organisation.
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Difference between the roles and characteristics
of a leader and manager
The concept of management is
evolving rapidly as it has included
some new theories such bas
management by objectives. AS per
this concept, organizational goals and
objectives should be formulated by
mutual understanding of both
managers and employees (Anderson
and Sun, 2017). It will help to
improve in performance of
employees and attain the objectives
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Manager
The person who undertake all
the managerial and
administrative activities such
as staffing, controlling,
directing and many more is
known as manger. The aim of
manger is to manage all
business functions effectively
for the growth and success of
organization. Mangers of
Prime furniture ensures to
perform all activities in
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Leaders
Leaders are the person who
lead, inspire and show right
direction to followers. In Prime
furniture, leaders have potential
to guide and motivate
employees in order to enhance
their productivity. They are able
to make proper utilization of
human resources by guiding and
leading them.
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Comparison between the role of managers and
leaders:
Both are the key persons of an organization and helps in growth and sustainability of company(Navimipour and
Charband, 2016). They are responsible to formulate objectives and communicate it with staff members. The
comparison between role of managers and leaders are outline as follows:
Managers Leaders
Mangers formulate strategies and policies for the growth
and success of company.
Role of managers is to divide various task among employees
as per their potential and skills.
Mangers need to perform various managerial functions such
as planning, organizing, controlling within organization.
While leaders are responsible to apply those plans in an
effective manner.
Leaders of company are responsible to motivate, guide and
lead employees to complete a specific task.
Leaders encourage team members through monetary and non
monetary benefits to attain the goals of company.
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Management functions
The activities performed by mangers of Prime furniture in order to
enhnace work efficiency are elaborated as follows:
Planning: Mangers of Prime furniture execute proper planning,
formulate various strategies and policies to minimize the impact of
uncertain situations.
Organizing: This is an essential function performed by managers of
selected company. They divide the whole work within employees and
manage resources in an efficient manner.
Staffing: Human resources are key element of an organization. Top
management team of selected firm are responsible to recruit, select an
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Theories of leadership
There are several theories,
methods, style of leadership are
evolved over the years in order to
enhance capabilities of leaders.
Different leadership style such as
transformational and transactional
styles to guide and motivate
personnel have been adopted by
mange met team of organization.
Transformational method emphasis
on strict management by keeping
control over all the business
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Hard management skills and soft leadership
skills: Hard management skills
focus to keep control
over staff, not to delegate
them authority to perform
task. While soft
leadership skills stand to
inspire staff through
various ways such as
rewards, recognition,
acknowledgement and
many more. Managers
and leaders of Prime
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Conclusion
From the above presentation, it can be concluded that Management and
operations are the integral functions of company. It consist the comparison
of roles of managers and leaders and their impact on business activities.
Discussion has been undertake about value and approaches of operations
management, leadership styles and the influence of business activities on
overall society. Therefore, it give an in depth prospective about
management and operations related functions within organisation.
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References
Anderson, M.H. and Sun, P.Y., 2017. Reviewing leadership styles:
Overlaps and the need for a new ‘full‐range’theory. International
Journal of Management Reviews, 19(1), pp.76-96.
Navimipour, N.J. and Charband, Y., 2016. Knowledge sharing
mechanisms and techniques in project teams: Literature review,
classification, and current trends. Computers in Human Behavior, 62,
pp.730-742.
Cong, L., Zhao, F. and Sutherland, J.W., 2017. Integration of
dismantling operations into a value recovery plan for circular
economy. Journal of cleaner production, 149, pp.378-386.
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