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Organizational Design of Ready Cash

   

Added on  2023-04-22

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Running head: ORGANIZATIONAL DESIGN OF READY CASH
ORGANIZATIONAL DESIGN OF READY CASH
Name of the Student
Name of the University
Author Note
Organizational Design of Ready Cash_1

1ORGANIZATIONAL DESIGN OF READY CASH
Introduction
Ready Cash is an organization that has its operations in two major business lines. The
first business line in this case is based on the sales of different second hand based goods and
also providing instant or short term based credits to the individuals. The organization is
owned privately and was established in the year 1957. At present Ready Cash employs more
than 700 people in different departments of the organization. More and more stores of the
organization are being added in different states in Australia. The growth based area of the
organization has also started increasing in the last few years (Ashkenas et al. 2015).
The essay will be based on the ways by which design can be developed for the
organization in for its future operations in the industry. The resource based and process
related needs of the organization will also be analysed and included in the design.
Organizational structure of Ready Cash
As discussed by Bai et al. (2017), the business model that has been followed by
Ready Cash is flat in nature and the organizational design has also been developed on that
basis. The organization mainly consists of different departments that operate under the
managers who are responsible for communicating with the employees. The communication
based process is important for the proper development of the future operations of Ready Cash
in the industry. According to Benzer et al. (2017), the managers or heads of various
departments are responsible for providing reports based on the operations of different
departments. The decision making based process is totally dependent on the reports that have
been provided by different departments regarding the operations. The goals and objectives of
the organization are also based on the ways by which Ready Cash is able to develop an
effective structure.
Organizational Design of Ready Cash_2

2ORGANIZATIONAL DESIGN OF READY CASH
Figure 1 – Organizational Design of Ready Cash
Source – Created by author
Roles, responsibilities and work structure of Ready Cash organization
CEO or management head of Ready Cash
As discussed by Dedahanov, Rhee and Yoon (2017), yhe CEO of Ready Cash has the
most significant responsibility in order to ensure the coordination between the different
departments. CEO has the responsibility of maintaining the position of the organization and
ensuring flawless performance of different departments as well. The plan which has been
developed by the organization for its future operations will be analysed and implemented in
an effective manner by the CEO. Consistency in the operations of different departments is an
important factor that is able to affect the work process of the CEO.
CEO
Finance
Department
Human Resource
Department
Sales Department
Operations
Department
HR manager Sales Manager Assets ManagerAccounts manager
Organizational Design of Ready Cash_3

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