This report provides a comprehensive analysis of leadership and management practices within Zara, a globally recognized fashion retailer. It begins by differentiating the roles and characteristics of leaders and managers, emphasizing their distinct responsibilities in planning, organizing, staffing, and coordinating operational activities. The report then explores the roles of leaders and managers in various situational contexts, including stable, changing, and fast-changing environments, and discusses different leadership styles such as directive, supportive, participative, and achievement-oriented. Furthermore, the report delves into various leadership theories and models, including situational leadership, system leadership, contingency approaches, and management by objectives, highlighting how Zara utilizes these theories to achieve its objectives. The report also examines key approaches to operations management, such as Just-in-Time and Total Quality Management, and emphasizes the importance of operations management in achieving business objectives. Finally, it discusses the consequences of internal factors on decision-making and operational management within Zara, concluding with a synthesis of the key findings and their implications for Zara's overall success. The report is a valuable resource for understanding the complexities of leadership, management, and operations in a dynamic business environment.