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Knowledge of Management Principles and Skills

University: UKCBC College London

  • Unit No: 3
  • Level: Undergraduate/College
  • Pages 16 / Words 4000
  • Paper Type: Assignment
  • Course Code: D/601/1743
  • Downloads: 1
Question :

The manager is the one who is responsible for the task of the company. It is important that there is the development of a manager by requisite skills and knowledge needed for effective business practice. This unit will help the learners to gain the knowledge of management principles and skills to review managerial potential.

  • understand the practice and principle of the management behavior
  • review the potential of own as the prospective manager.
  • Show the managerial skills in the business and service context.
  • Create the career development plan for the employment in business and service context.
Answer :

INTRODUCTION

The developing manager is a method that helpful for improve the skill and knowledge that are managed the business functions and operations with the help of manager. They have responsibility to manage the entire business activities in proper manner. This process involved in various fields and areas such as development and training program, development of social and traditional culture, leadership style etc. This report will discuss about the various management style that are maintaining the quality of services in market.

This report will discuss about the leadership style which are helpful for organisation to motivate or influences for the employee towards the growth and development (Welch and Welch, 2018). Communication is the medium to analyse the effectiveness of business operations and functions. Manager is plan an effective strategy to increase their growth and development.

TASK 1

1.1 differentiate various management styles

The tour and travel industry is the fastest growing sector to expands their business across the world. According to Thomas Cook and TUI, they offering a various type of services and product in marketplace. They are developing their skills to implements innovative ideas for growth and development. Manager has identified the resources that are required for the business process. These enterprises have various type of management style that helpful for manage the production of product in the organization and it also develops plans to increase the quality of product (Bain and Taylor, 2017). The competition level is very highly in market because there are lot of product available in market. Management style is important part of part that are applicable in both the organization to meet the objectives and targets as following:

Management style of Thomas Cook-

This is a leading organization which provide the high quality of service and product in marketplace. Management system and staff member are playing important role to maintain the development and design of services. According to analyse, it identifies that when this type of top organization always modify their management style according to the demand of customer. They mainly focus on provide the safety and security to their employee or also motivate to the staff member towards the goals and objectives (Wierenga and Pediatric, 2017). In this way, Employee has improved their skill and knowledge which are helpful for both organizational and personal growth. This organization is provides the direction to staff member to collecting all informations and feedback and further improve the planning and strategies of business development. Management style is the best approach to perform various tasks to increase the profitability and productivity in marketplace.

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Impact of Changes in Various Strategies of Marks & Spencer and Asda

Management Style of TUI-

This is the most one important organization in the tour and travel industry in UK that provide the best quality of services to their customer (de Villiers and Maroun, 2017). In this organization, the manager and leaders are providing the training and development program to increase their capability. Manager is collecting all the necessary information that are required for growth and development. They are making plan to developing an effective design to delivered the best quality of services to the customer. With the help of approach, it developing two communication process and structure design that shows the specific role and responsibilities of employee and manager.

1.2 leadership characteristics

A good leader has quality use the style for growth and development. Leader is important role in the organization because they have ability an ability to easily managing the business operations and functions. This is very helpful for growth and development to increase the sales and productivity. There are important leadership characteristics described in given below:

Transformational characteristics-

This is the important leadership characteristics that are helping to employee to changing their development process and use new strategy and planning for development and growth. A good leader always putting innovative idea in the business process. The organization is facing many challenging issues and problems at the time of implementation so that it required for leader to take feedback after the execution. In this way, it easily identifies the condition of innovative strategy (Doherty and Shung-King, 2018). This leadership style is provides the customer satisfaction and Launch a new product that are helpful for development.

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Strategy leadership characteristic-

This leadership is based on to always innovate new idea and putting this idea in the product development. They are not limited and try to increase their brand value across the world. An efficient skill are always creates bridge between the employee and management so that they have more possibility in the innovation and development. The manager should be handle all the business deals with the client so that they know about the market trends. They start the new strategy to launch an efficient product in marketplace.

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