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Lidl UK: Reducing The Price of Manufacturing Some Products

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Words: 1944 |

Pages: 4|

10 min read

Published: Sep 4, 2018

Words: 1944|Pages: 4|10 min read

Published: Sep 4, 2018

The functions of managers and the role of leaders make the corporation work in the required direction towards the fulfillment of the objectives of the corporation. There are many functions of management along with different traits and types of leadership that assist in the appropriate functioning of the functions of management. LIDL UK is facing the problem where the cost of certain products is increasing and the managers have to implement such strategies to handle the expenses of the products and to improve the sales. The operational department of LIDL UK is targeted to reduce the price of manufacturing some products and balance the increase in the other products. The managers can plan strategies such as find suppliers that can provide raw materials at a lower cost.

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  1. Controlling: the strategies formulated by the managers and the implementation of these strategies by the leaders of LIDL UK are controlled and monitored by the managers of the organization and the leaders verify the outcomes of the performance of the staff with the standards as laid down by the managers and guide the employees accordingly.
  2. Coordinating: the managers of LIDL UK, coordinate the functions of the corporation for better outcomes. The functions of different departments such as production department and the finance department also serve the company with the main benefit of getting the best products for the clients to the good quality at the best prices. The role of leaders in the event of coordinating the activities lies with the implementation of the finest practices in developing coordination in the activities with assistance from communication and good leadership skills.
  3. Staffing: staffing is the function of managers and the leaders are expected to obtain the best out of the employees that work inside the organization. LIDL UK recruits the staff and assigns the task based on the skills and capabilities of the employees.The leaders carry on motivating the staff and allocate the task in line with the abilities and to communicate using them to fix any problems alongside evaluating their performance.
  4. Directing: the managers direct the task to be performed to the employees and the staff of LIDL UK, but the leaders play an important role of creating a team and directing how the tasks should be completed and achieved.
  5. Organizing: the managers of LIDL UK organize and utilize the resources of the organization in an effective manner in order to achieve the organizational goals of the company. The role of the leaders is to allocate the resources in an effective way and to encourage and motivate the employees to perform and use the available resources for the best outcome.
  6. Planning: the important function of the managers of LIDL UK is to plan and set the goals of the company that complies to increase the revenues and the sales of the products. The role of leaders in LIDL UK is to communicate the roles set by the managers to the employees and to focus on the effort and motivation of the employees to accomplish these goals and objectives. P2 Examine examples of how the role of a leader and the function of a manager apply in the different situational context The leader's outcomes are the achievements and the manager's outcomes are the result.

The approach to the task is different for the managers and leaders. The leaders simply look at problems and devise new and creative solutions using their charisma, they motivate and focus others to fix the problems and excel. The managers of LIDL UK creates strategies, policies, and methods to generate teams and ideas that combine to work smoothly. The leader is comfortable to take a crazy risk and on the other side, managers tend to be rational and under control. The characteristics of a leader are that they motivate and inspire employees to reach their high potential. Leaders are very focused on change and they are able to lead their teams through change management, rather than manage them through it. Among the key characteristics of the manager of LIDL UK is quite basic in the sense that he had been given the authority by the type of his role. He has to focus on daily tasks and manage the activities of others and also ensure the work gets done. Both leaders and managers assist people. However for a leader individuals are the main reason, the cause of whom an endeavor is taken on, a vision attained or a task completed.

For a manager, individuals are primarily a way to achieve a substantial accomplishing task or completing a project. Management has the meaning of directing and controlling a small group of a number of people for the purpose of coordinating and harmonizing that group towards accomplishing a goal. Leadership describes the power of a person to influence, motivate and enable others to contribute towards the effectiveness and success of the organizations of which they are members. “Leadership is doing the right things, management is doing things right.” – Peter Drucker P1 Define and compare the different roles and character of a leader and a manager The organization I have to choose is LIDL UK. The initial LIDL UK opened the doors in 1994 and just over two decades later, they are in possession of over 650 stores and ten distribution centers across Great Britain employing 20.000 people. LIDL UK tries to provide to their customers with the greatest quality products at the best possible prices and work closely with the British suppliers to create this possible.

Management and operations are focused on designing and controlling the method of production and redesigning business operations in the production of services and goods. It involves the responsibility of ensuring that business operations are efficient when it comes to using as few resources as needed and effective when it comes to customer requirements. It is about managing a complete production system that is the procedure that converts inputs like raw materials, labor, and energy into outputs in the shape of goods and services. Management and operations are focused on designing and controlling the method of production and redesigning business operations in the production of services and goods. It involves the responsibility of ensuring that business operations are efficient when it comes to using as few resources as needed and effective when it comes to customer requirements. It is about managing a complete production system that is the procedure that converts inputs like raw materials, labor, and energy into outputs in the shape of goods and services.

The organization I have to choose is LIDL UK. The initial LIDL UK opened the doors in 1994 and just over two decades later, they are in possession of over 650 stores and ten distribution centers across Great Britain employing 20.000 people. LIDL UK tries to provide to their customers with the greatest quality products at the best possible prices and work closely with the British suppliers to create this possible. “Leadership is doing the right things, management is doing things right.” – Peter Drucker Leadership describes the power of a person to influence, motivate and enable others to contribute towards the effectiveness and success of the organizations of which they are members. Management has the meaning of directing and controlling a small group of a number of people for the purpose of coordinating and harmonizing that group towards accomplishing a goal. Both leaders and managers assist people.

However for a leader individuals are the main reason, the cause of whom an endeavor is taken on, a vision attained or a task completed. For a manager, individuals are primarily a way to achieve a substantial accomplishing task or completing a project. Among the key characteristics of the manager of LIDL UK is quite basic in the sense that he had been given the authority by the type of his role. He has to focus on daily tasks and manage the activities of others and also ensure the work gets done. The characteristics of a leader are that they motivate and inspire employees to reach their high potential. Leaders are very focused on change and they are able to lead their teams through change management, rather than manage them through it. The leader's outcomes are the achievements and the manager's outcomes are the result. The approach to the task is different for the managers and leaders. The leaders simply look at problems and devise new and creative solutions using their charisma, they motivate and focus others to fix the problems and excel.

The managers of LIDL UK creates strategies, policies, and methods to generate teams and ideas that combine to work smoothly. The leader is comfortable to take a crazy risk and on the other side, managers tend to be rational and under control. Planning: the important function of the managers of LIDL UK is to plan and set the goals of the company that complies to increase the revenues and the sales of the products. The role of leaders in LIDL UK is to communicate the roles set by the managers to the employees and to focus on the effort and motivation of the employees to accomplish these goals and objectives.

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  1. Organizing: the managers of LIDL UK organize and utilize the resources of the organization in an effective manner in order to achieve the organizational goals of the company. The role of the leaders is to allocate the resources in an effective way and to encourage and motivate the employees to perform and use the available resources for the best outcome.
  2. Directing: the managers direct the task to be performed to the employees and the staff of LIDL UK, but the leaders play an important role of creating a team and directing how the tasks should be completed and achieved.
  3. Staffing: staffing is the function of managers and the leaders are expected to obtain the best out of the employees that work inside the organization. LIDL UK recruits the staff and assigns the task based on the skills and capabilities of the employees. The leaders carry on motivating the staff and allocate the task in line with the abilities and to communicate using them to fix any problems alongside evaluating their performance.
  4. Coordinating: the managers of LIDL UK, coordinate the functions of the corporation for better outcomes. The functions of different departments such as production department and the finance department also serve the company with the main benefit of getting the best products for the clients to the good quality at the best prices. The role of leaders in the event of coordinating the activities lies with the implementation of the finest practices in developing coordination in the activities with assistance from communication and good leadership skills.
  5. Controlling: the strategies formulated by the managers and the implementation of these strategies by the leaders of LIDL UK are controlled and monitored by the managers of the organization and the leaders verify the outcomes of the performance of the staff with the standards as laid down by the managers and guide the employees accordingly.

The functions of managers and the role of leaders make the corporation work in the required direction towards the fulfillment of the objectives of the corporation. There are many functions of management along with different traits and types of leadership that assist in the appropriate functioning of the functions of management. LIDL UK is facing the problem where the cost of certain products is increasing and the managers have to implement such strategies to handle the expenses of the products and to improve the sales. The operational department of LIDL UK is targeted to reduce the price of manufacturing some products and balance the increase in the other products. The managers can plan strategies such as find suppliers that can provide raw materials at a lower cost.

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Cite this Essay

LIDL UK: Reducing the Price of Manufacturing Some Products. (2018, May 09). GradesFixer. Retrieved March 19, 2024, from https://gradesfixer.com/free-essay-examples/lidl-uk-functions-of-management-along-with-different-traits-and-types-of-leadership/
“LIDL UK: Reducing the Price of Manufacturing Some Products.” GradesFixer, 09 May 2018, gradesfixer.com/free-essay-examples/lidl-uk-functions-of-management-along-with-different-traits-and-types-of-leadership/
LIDL UK: Reducing the Price of Manufacturing Some Products. [online]. Available at: <https://gradesfixer.com/free-essay-examples/lidl-uk-functions-of-management-along-with-different-traits-and-types-of-leadership/> [Accessed 19 Mar. 2024].
LIDL UK: Reducing the Price of Manufacturing Some Products [Internet]. GradesFixer. 2018 May 09 [cited 2024 Mar 19]. Available from: https://gradesfixer.com/free-essay-examples/lidl-uk-functions-of-management-along-with-different-traits-and-types-of-leadership/
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