Introduction to Management Assignment Solved

Introduction to Management 1
Introduction to Management
Student Name
Institution
Date

Introduction to Management 2
Table of Contents
Introduction......................................................................................................................................3
Overview of the Company...............................................................................................................3
Performance of Wesfarmers............................................................................................................4
Equality and Diversity in the Workplace.....................................................................................4
Motivation of employees.............................................................................................................4
Job security and family benefits...................................................................................................5
Excellent Organizational Culture.................................................................................................5
Recommendations............................................................................................................................6
Embracing diversity and equality in the workforce.....................................................................6
Application of motivation theories into practice..........................................................................6
Enhancing job security for employees.........................................................................................6
Conclusion.......................................................................................................................................7
Bibliography....................................................................................................................................8

Introduction to Management 3
Introduction
Australia is among the world's leading countries where equality and diversity of workforce in big
companies are enhanced. Fresh graduates and experienced workers in Australia target to work in
the country’s largest companies where employees are highly valued. Companies that treat
employees with respect and dignity attract the most competent employees from the competing
firms (Cortese, 2009, p. 40). The purpose of this assignment is writing a report about the best
places to work in Australia. To achieve this purpose, the report will refer to Wesfarmers- a
leading retailer in Australia by describing its values, services, employment policies, and
highlighting the ways in which other companies in the retail sector can emulate Wesfarmers to
succeed in the market.
Overview of the Company
Wesfarmers is an Australian based retail company started in 1914 and has grown to be among
the country’s largest listed companies. Wesfarmers’s diverse business operations range from
supermarkets, office supplies, department stores, home improvement, energy and fertilizers, car
production and export, chemicals, insurance, and industrial and safety products (Biddle, 2016, p.
3). In 2017, Wesfarmers was ranked as Australia’s 5th largest company in terms of revenue,
customer base, and headcount. Wesfarmers has over 200,000 employees in Australia and New
Zealand with approximately 500,000 direct shareholders in the country. The Company aims to
provide a safe and fulfilling working environment for the employees, rewarding creativity, and
good performance, and offering employees with growth and advancement opportunities (Keith,
2012, p. 60).