Management Thought And Practice Assignment sample

Introduction Of Management Thought And Practice

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Management practises are effective values and working styles that an enterprise must have in order to achieve market stability and superior operations. For a strong reputation in the market that a firm can have, there must be good internal working that comes in with the help of correct management and quality of work. Maintaining the company's reputation and standards in the marketplace is critical in order for the company to achieve better working conditions and increased profitability.

Sainsbury’s is a public limited company and belongs from the retailing industry. Headquarters of this company is in London, United Kingdom and there are 1,428 outlets. The company is having a net income of £152 million as of 2020 and have 111,900 employees who helps in making sure that there is higher productivity, that fulfil the needs of the clients as well (Aluko and Knight, 2017).

The report consists of management approaches which the organization must use in order to be able to have a strong base for them. Motivation, team work and communication are few of the basic requirements which a company must have to make sure that they are having a strong working and position in market.

1. Support from operation management to achieve aims and objectives of an organization

Aim

To ensure that Sainsbury's is having a better working environment and implementing appropriate strategies to increase profitability and market value.

Objectives

• Increase staff motivation in order to increase productivity.
• To ensure that client demand is met in the marketplace.
• To obtain a competitive advantage and ensure smooth operation in the long run by employing the appropriate approaches and procedures.

Operation management is in charge of setting the company's objectives and goals ahead of time so that productivity and activities can be planned more successfully. All of Sainsbury's field operations and activities must be closely monitored to maintain the appropriate market value. Businesses must ensure that they have a proper understanding of operation management in order to have the proper operating and performance for improved levels of productivity. Relationships with suppliers must be maintained to ensure that they have cost-effective approaches and processes in place for the benefit of this company. Designing an effective environment can only be done when the company has the correct suppliers, which is beneficial for competitive advantage and less limits on the working environment (EKETU, 2017). Risks relating to suppliers are also taken, and this may be maintained if there is good and accurate information collection. Productivity and problem-solving must be present in order to ensure that operation management principles are followed in order to meet Sainsbury's aims. There would be an improvement in business growth, as well as a larger percentage of profit margins. Existing company programmes are being upgraded and worked on in order to ensure that their orientation is secure. The company's improvement must occur on time for them to achieve the best possible working performance, which is possible through effective operation management (Xiangqun and et.al., 2017). Operation management aids in the development of brand value and market management, both of which are advantageous in the long run.

This operation management approach also makes it easier for management to monitor and control the actions that contribute to the achievement of the organization's objectives and goals. Overseeing the actions is very important and right measures need to be taken as well. Sainsbury's uses non-renewable resources for manufacturing, which must be adequately replaced by renewable resources in order for the corporation to save money. This manner, the business will be able to ensure its long-term viability, and non-renewable resource waste will be reduced in the marketplace (Thomas, 2021). There are numerous processes for productivity, such as supply and distribution channels, that can be avoided by the organisation in order to achieve a cost-cutting strategy that is beneficial to profitability. Sainsbury’s is having a good reputation in market but there are a still a few areas for improvement and must be identified successfully. To be able to identify and uncover them, the organisation must utilise a variety of techniques such as SWOT, PESTLE, and others to understand the performance and make appropriate improvements. Sainsbury's management is experienced, so they will be able to make the internal working environment considerably healthier and safer for the staff to work in, resulting in increased profitability. Activities that have been planned must be carried out, but in order to do so, the organisation must be able to provide them with a thorough evaluation, which will be quite beneficial for the overall growth (Marshev, 2021). Research must be conducted prior to planning in order for the operation management to achieve the best results possible. Operation management entails having a good knowledge of how to work and ensuring the company's input and output in order to ensure the company's long-term viability.

2. Two management approaches

Communication and management of the direction in which the company operates will also be successful, resulting in higher standards. By preserving their market position, Sainsbury's has established a solid and balanced reputation. It is critical for the company to have the proper operations and working conditions (Tan and et.al., 2021). Maintaining the working environment is very important as the demands of the clients is also changes and increasing with time. Problem solving, motivation, teamwork, and so on are some of the management tasks and duties that businesses must consider in order to stay on track and obtain a competitive advantage. Quality work is critical for Sainsbury's long-term success, and it must be checked and regulated. This will ensure that Sainsbury's is also in charge of brand management in the market (WU and et.al., 2017). Performance must be met, and rising needs as well, in order for the business to achieve more profitability and sales in the market. The firm's operations will be structured in such a way that it will be able to fulfil the long-term objectives and goals that has set for itself in the market.

• Scientific management approach

Scientific management is a scientific research that aims to ensure that simplification, specialisation, standardisation, and efficiency are all present and accounted for. Not only must the company meet the expectations of its customers, but it must also meet the expectations of its employees, who assist them in achieving its goals. The study of methods and approaches is necessary so that the company's structure may be altered to ensure that everyone benefits. There are certain activities that the company must do in order to compete with Tesco, Marks & Spencer, and other retailers. Sainsbury's will need to train their personnel in order to adopt these strategies (Muldoon, 2020). This is a very systematic processing of actions, and it will ensure that working is simplified and that working experience and expertise in the workforce is specialised. Productivity must exist in the organisation in order to ensure that there are better goals and objectives that can be worked on, as well as proper planning. Client requirements must be taken into account as well, in order for the firm to gain a better reputation and increase the value of its brand.

• Human relation approach

The human relations strategy is a method that organisations can use to ensure that employees are involved in the decisions made by management. For this, satisfaction, communication, teamwork, motivation level, and other factors must be understood in order for the firm to have a better structure. It is critical to boost efficiency in response to increased demand, and businesses must do it on time. Companies must ensure that they have the appropriate value, which will aid in ensuring them a long-term viability. When employees receive the promised results from the organisation, they will have higher working standards as a result of their experience. For example, the Herzberg model of motivation can be utilised to increase the amount of work and processing done by existing employees in the company. To ensure that there will be improved main functioning and factors that can be easily reached, workforce achievement must be higher (Kabiru, 2020). Employees' beliefs and values must be higher in order to ensure that the company's physical and technological considerations are taken into account in the long run. Productivity and imagination making the involvement of the workforce be higher is also going to be there and that gets in unique attention of the company.

Sainsbury's must ensure that they are employing the proper management strategy, and the most appropriate strategy will be a human relations strategy, since it is for their employees. Because of the high level of competition that exists, Sainsbury's must increase labour productivity. Human relation approach will be an important aspect for the firm to have in order to increase operations. Products and services must be matched in order for the business to achieve higher levels of productivity and performance. In order to keep this under control, the company must ensure that they are taking the appropriate steps. For a company's growth to occur, the employees must be equally involved in decision-making, and a human relations approach will ensure that this occurs. Demands for products and services are increasing as the population grows, which Sainsbury's can meet if they have the correct internal working arrangements (Hosseingholizadeh and et.al., 2017).

3. Importance of motivation in the workplace

Motivation is a commitment that the entire workforce must have for the work for which they were hired in order for Sainsbury's to meet its goals. In the Sainsbury's market, there is a standard of working that can be maintained if their workforce is effective. The staffs put in a lot of effort, which needs to be recognised by the company in order to ensure that there is a decent work-life balance. This causes the organisation to focus on the employees' motivation levels and what they require to remain motivated. Performance must be enhanced, and they must ensure that they have better management, which is already in place (Thomas, 2018). The company must meet its established objectives and goals, and in order to do so, it requires a committed workforce to assist it succeed in the market. Long-term objectives necessitate high-motivated performance from the company's backbone, its personnel, in order for the activities to take place. Motivation in the workplace is required in order for the organisation to have a distinct identity that will last in the long run. Businesses will be able to set higher standards for themselves, which will benefit their entire brand value in the market. They must execute tasks and jobs on time and with quality when they are motivated by the responsibilities they are given and the environment in which they work. When employees have a high level of motivation, their commitment and job happiness must be present (Muldoon and et.al., 2020).

Sainsbury's employs a variety of techniques to motivate its employees. Physical and mental rewards are being offered in order to gain employee reinforcement, which is beneficial to Sainsbury's overall operations. Though this technique would necessitate good supervision and monitoring in order to ensure successful performance and that incentives are not given out based on personal or political considerations. Sainsbury's has always had a well-structured action plan, thus this strategy will be extremely beneficial to their total market advantage. Leaders must ensure that they have a strong team, and in order for a great team to exist, there must be a highly motivated workforce. Rewards and flexibility in the working environment is only going to make sure that there is good motivation level (Hague, 2017). Building amicable relationships can be beneficial in a variety of ways, and resources are being properly employed to assist the company achieve higher standards. Sainsbury's must make a financial commitment annually to ensure that employees are motivated in the way without thinking about money. Sainsbury's can use motivation theories to find stability and ensure that there is a good demand match for the clients who are present in the market. Businesses must ensure that their employees receive advantages such as health and safety, as well as benefits for their families, in order to gain their trust and enable it to operate effectively (Kerns, 2019).

4. Effectiveness of communication and team work support for business performance

Communication and teamwork not only allow the company to work at its best, but it also allows it to achieve a competitive advantage (DRAGOMIR, 2019). Sainsbury's should employ training as the most effective technique for achieving the desired results and ensuring that the organisation maintains proper communication in the long run. There is strong communication and interaction throughout training, which results in valuable information being passed on. Working performance will improve, and relationships for a healthier atmosphere will be established. Because of communication, every one of the staff will be conducting expert work, ensuring higher working standards. Employees can be motivated if they have a good understanding of how things work and can help the company maintain high standards in the market.

Artificial intelligence, for example, modifies the techniques of processing and necessitates a significant amount of training in order for Sainsbury's to maintain a competitive advantage. Sainsbury's can apply the Tuckman theory of teamwork and other models to achieve the best working and performance. The company's branding must be visible in the marketplace in order for them to project the proper image to their customers and staff. To accomplish these adjustments, the organisation must ensure the workforce's motivation level, as teamwork and good interaction are required to meet the company's objectives (Veloutsou and Guzman, 2017). Because market rivalry is increasing, business performance must remain constant. As a result, it is critical for the organisation to have a proper understanding and appraisal of this element.

When there is strong communication, there will be clarity in duties and responsibilities, which will allow Sainsbury's policies to be followed efficiently in the long run. The size of the team will also have an impact on how they work, which is critical for the organisation. Change does not come lightly, and when the correct teamwork attitude is present in the workforce, the changes will be easier to implement. Management and leaders of an organization have to understand the workforce so that they would be able to make sure that there are right actions and improvement (Prasad, 2020).

Teamwork must be examined, monitored, and managed on a regular basis in order to identify the best communication and interaction for the best possible exchange of instructions. Inter-team activities are also required at Sainsbury's in order to ensure that all teams have a high level of trust in one another and that the company's overall productivity is not harmed (Tadajewski, Pressey and Jones, 2017). Meeting and encouraging effective teamwork with some motivation to ensure that communication and teamwork are improved, reducing job pressure. Teamwork aids in the sharing of experience and knowledge of the market that each individual possesses, ensuring that performance improves gradually. Individuals can receive assistance as well when there is good teamwork, which is prevalent in Sainsbury's. Software in the market changes over time, and only when staff is comfortable with it will the firm be able to progress internally. When there is good team working then they tend to help each other and make sure that there is a good exchange of knowledge as well which is included in it.

CONCLUSION

From the above report it can be concluded that there are a lot of approaches for management which an organization can follow but selecting the right one is very essential. Sainsbury's can employ the human relations approach to ensure a healthy working environment within the company. Though management must ensure that they have the right workers and that they understand them properly in order to ensure that proper procedures and processing are in place. The above paper concludes that management decisions should be in the best interests of the workforce and not imposed on them, and that employees should be rewarded for their contributions to the firm. Management has a lot of experience and knowledge, and they can make the procedures a lot stronger. Motivation, time management, teamwork, and communication are just a few of the areas that management can address when appropriate actions and improvements are performed in the business.

 

References

Books and Journals

Aluko, O. and Knight, H., 2017. From corner store to superstore: a historical analysis of Sainsbury’s co-evolution. Journal of Management History.

DRAGOMIR, C.C., 2019. THE IMPLICATIONS OF THE SCHOOLS OF MANAGEMENT THOUGHT IN THE BUSINESS PRACTICE OF THE COMPANIES. Review of General Management. 29(1).

EKETU, C.A., 2017. Management research: A thought on validity of positivism. MANAGEMENT RESEARCH. 3(11).

Hague, C., 2017. Challenging Institutions That Reproduce Planning Thought and Practice. In Encounters in Planning Thought (pp. 240-259). Routledge.

Hosseingholizadeh, R and et.al., 2017. A History of Educational Management Thought with Regards to International Experiences. Foundations of Education. 6(2). pp.128-152.

Kabiru, S.A., 2020. The contribution of management schools of thought to the development of public administration’s principles.

Kerns, C.D., 2019. Leading thought leadership: A practice-oriented framework. International Leadership Journal. 11(1).

Marshev, V.I., 2021. The Origins of Management Thought: From Fifth Millennium BC to the Fifth Century. In History of Management Thought (pp. 77-152). Springer, Cham.

Muldoon, J and et.al., 2020. Present at the Beginning: The Origins and Evolution of “Opportunism” in Management Thought. In Academy of Management Proceedings (Vol. 2020, No. 1, p. 12005). Briarcliff Manor, NY 10510: Academy of Management.

Muldoon, J., 2020. Certain Victory, Uncertain Time: The Limitations of Nineteenth-Century Management Thought. The Palgrave Handbook of Management History, pp.475-497.

Prasad, L.M., 2020. Principles and practice of management. Sultan Chand & Sons.

Thomas, J., 2018. Sustainability Concerns, Digitisation and Globalisation: Impact on Marketing Thought and Practice (No. 287).

Thomas, J., 2021. Impact on marketing thought and practice. Corporate Social Responsibility and Sustainable Development: Strategies, Practices and Business Models.

Veloutsou, C. and Guzman, F., 2017. The evolution of brand management thinking over the last 25 years as recorded in the Journal of Product and Brand Management. Journal of Product & Brand Management.

WU, Y.G and et.al., 2017. Thought on Practice Teaching of Material Chemistry Speciality and Its Function on Applied Talents. Guangzhou Chemical Industry. p.06.

Xiangqun, Y and et.al., 2017. Practice on teaching thought with “Theoretical-Virtual-Real” integration. Experimental Technology and Management. p.05.