Assignment Organizational Structure Culture

Added on - 28 May 2020

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Running head: CORPORATE OR ORGANIZATIONAL CULTURECorporate or Organizational CultureName of the Student:Name of the University:Author’s note:
CORPORATE OR ORGANISATIONAL CULTURE1Executive SummaryThis report focusses on organisational culture of Woolworths.It is seen that the company’scorporate culture is one of the dominant drivers of company’s success. A good corporate culturealso helps the business firm to retain the advantageous position in the retail sector of Australia.Abrief overview of the respective company is discussed in this particular study.It has been noticedthat this company mainly sells vegetables. However, it also sells other goods like DVDs,magazines, beauty products and pet supplies.It has been noticed that a work-friendlyenvironment is being provided to the skilled employees working at Woolworths. Integrity andtransparency is maintained throughout the work culture of Woolworths. It is seen that consumer-driven approach has been followed in the working procedures of this multinational retailer ofAustralia. In order to sustain its comparative edge in the market, this company seems to haveprioritized its goals and objectives. Expansion of drinks business is one of its aim. Establishing astore-led culture is its another objective. It aims to become the lean retailing firm via end-to-endprocesses as well as system excellence.It has been observed that efficient employees receiverewards like retirement funding as well as educational assistance from this particular businessorganization. Not only this, funeral cover, guaranteed pay, variable pay, healthcare, annual CEOawards and discounts are the other rewards which are given by Woolworths to its efficientemployees. In addition to this, disability benefits are provided to people with disabilities.Itexamines the various factors responsible for impacting the organisational culture is discussed inthis specific study.Different factors such as mentality as well as interests of people,management style as well as leadership style. nature of business and mission along with visioncreates an effect on organisational culture. This report focusses on the role of organisationalculture on the company’s success and corporate culture of Woolworth are discussed in thisparticular study. Apart from this, different issues faced by work culture of this company are
CORPORATE OR ORGANISATIONAL CULTURE2covered in this specific study.Communication issues, absence of leadership and absence ofmanagement are the issues that are faced by this multinational company of Australia.This studysheds light on various strategies such as free snacks , free gym memberships, adoption ofparticipative style of leadership that will resolve the current problems faced by Woolworth.Therefore, it can be concluded that a good organisational cultural determines the success of thecompanies.
CORPORATE OR ORGANISATIONAL CULTURE3Table of ContentsIntroduction......................................................................................................................................2Background of Woolworths.............................................................................................................2Corporate culture of Woolworths....................................................................................................2Factors influencing corporate culture..............................................................................................3Impact of corporate culture on organizational success....................................................................5Issues of Organisational Culture......................................................................................................6Ways of improving corporate culture..............................................................................................7Conclusion.......................................................................................................................................8References......................................................................................................................................10
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