INTRODUCTION
Management is the function of any organization. It is function to dealing with the people. It is the process to manage and control of organizational policies, procedures and activities. It is to plan, organize, control and coordinate. Operations is the process of practical work in organization. It is the process of transforming the resources or data into the goods and services.
Tesco is a British multinational retailer headquartered in England. It is the third largest retailer in the world measured by profits. In this report, it will evaluate differences between leaders and managers, considering their roles and characteristics, explaining functions of managers. It will explaining the different approaches, roles, importance of the stores managers. It will assessing the outside factors affecting the operations management and decision-making. It will explain the roles and characteristics of the store manager of a company (Bolden, 2016).
TASK 1
(A) Differences and similarities between the leaders and managers
BASIS |
LEADERS |
MANAGERS |
Meaning |
A leader is the person who is influencing on achieving the goals. |
A manager is the person who is responsible for planning, organizing and controlling of an organization. |
Function |
A leader is leading and motivating to the subordinates. |
A manager is to managing whole organization. |
Focus |
They are focusing on leading to peoples. |
They are focusing on managing the process and procedures. |
Aim |
The aim of leader is to growth and development of subordinates. |
The aim of manager is to measuring the results (Roche, Haar and Luthans, 2014). |
Risk factors |
Leaders are minimizing risk. |
Managers are taking risk. |
Respond changes |
They are promoting to changes in policies. |
They are reacting on the changes in policies. |
Approaches |
They are setting up the direction for achieving the goals (Bold |