logo

Management of George Weston Ltd: SWOT, Environmental Constraints, Organizational Structure, Motivating Employees and Controls to Evaluate Progress

   

Added on  2022-10-15

11 Pages2456 Words133 Views
 | 
 | 
 | 
Introduction of
management
Management of George Weston Ltd: SWOT, Environmental Constraints, Organizational Structure, Motivating Employees and Controls to Evaluate Progress_1

Introduction of management 1
Contents
Introduction............................................................................................................... 2
SWOT-Formulating Strategies........................................................................................ 2
Environmental Constraints............................................................................................. 3
Stakeholders.............................................................................................................. 4
Organizational structure and Design................................................................................. 5
Motivating employees.................................................................................................. 7
Controls to evaluate progress.......................................................................................... 7
Recommendations....................................................................................................... 8
References................................................................................................................ 9
Management of George Weston Ltd: SWOT, Environmental Constraints, Organizational Structure, Motivating Employees and Controls to Evaluate Progress_2

Introduction of management 2
Introduction
George Weston Ltd is one of the Canada’s major company signifying largest food and
drug retail businesses through Loblaw and Weston Foods. The company was established in
1882 and currently having 200,000 employees which makes it the largest private sector
employer. The report is going to address management of George Weston Ltd comprising
SWOT, environmental constraints, stakeholders analysis, organizational structure and design,
motivating employees and controls to evaluate progress.
SWOT-Formulating Strategies
Strengths
Employment: George Weston Ltd has employed over 6500 employees in more than 60 sites
in Australia and New Zealand.
Brand image: The company is having bigger brand image with the popular products like
Weston milling, Tip Top, Jasol, KrCastlemaine and more.
Expansion: George Weston Ltd has expanded business overseas in the countries like
Australia and New Zealand. The company is liable for a range of activities comprising
manufacturing, innovating, marketing, selling and distributing products.
Large economies of scale: The company has attained large economies of scale as it is able to
produce more units of goods on the large scale with the less input costs.
Weaknesses
Rising competition in Australia: The rising competition in Australia is creating problem for
the company.
Managing internal labour issues: The company has to manage internal labour issues. It puts
impact on the production of the organization (Gürel & Tat, 2017).
Pressure of the perishable nature of the home produced goods: The consumable nature of the
home produced goods put pressure on the inventory costs.
Management of George Weston Ltd: SWOT, Environmental Constraints, Organizational Structure, Motivating Employees and Controls to Evaluate Progress_3

Introduction of management 3
Opportunities
Growing middle class: Growing number of middle creates opportunity for the company as
they are likely to buy products of the high brand which are offered by the George Weston
Ltd.
More focus on the diet food: The trend of diet food is continuously growing because of the
enhancing preferences of the consumers. Therefore the company can add more product line to
its category.
Expansion of its current product line: In order to attract customers, the company can add
more products. The expanded and new current product category is always appealing to the
customers (Phadermrod, Crowder & Wills, 2019).
Threats
Higher amount of the competition with other kinds of food chains: The increasing number of
the companies producing home goods has created competition to the company.
Higher raw material costs: The higher material costs has increased the manufacturing cost of
the company. Therefore the profits of the company suffer.
Environmental Constraints
Political factors: The new government policies have role in improving the investment in the
services sector. George Weston functions in the several nations and forms policies based on
the specific country’s retail industry requirements. The company has attained political
constancy in the current markets (Nevitte, 2017).
Economic factors: The increasing liberalization of the trade policy assists company to
capitalize into the provinces which are off-limits to the company. The unstable altercation
rates impacts to the George Weston investment plans in both short term and long term.
Social factors: The presence of the customers offers higher preferences to the experimental
products than the out-dated value offer in the services sector. The company can influence this
tendency to form products which offer improved customer experience.
Management of George Weston Ltd: SWOT, Environmental Constraints, Organizational Structure, Motivating Employees and Controls to Evaluate Progress_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents