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SBM4202 - IS Strategy Management & Acquisition

   

Added on  2019-11-12

17 Pages4159 Words152 Views
Running head: MANAGEMENT IS strategy of Woolsworth CompanyName of the Student:Name of the University:Author note:
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1MANAGEMENT Executive SummaryThe purpose of the summary is to state about a business firm and analyze its IS strategy andIT management. The organization chosen here is the Woolworths Company of Australia,which elaborates on the nature the business of the organization. The organization wasdescribed on the facts of its corporate governance. There are various committees, which carryout specific functional process in the field of IT and others. It follows a strict trading policy inorder to align itself with the guidelines of the organization. The governance structure is beingseen through its regulatory requirements in terms of technological process. Theimprovements for the Woolworths Organization are needed to be followed to make thecorporate governance of the organization to do better performances in future.
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2MANAGEMENT Table of ContentsIntroduction................................................................................................................................3Governance structure, process and policies...............................................................................4Governance structure.............................................................................................................4Governance process of Woolsworth group............................................................................4Governance IT based policies of Woolsworth group.............................................................6The corporate officers and their roles........................................................................................7Regulatory requirements............................................................................................................9Risk Management.....................................................................................................................11Improvements...........................................................................................................................13Conclusion:..............................................................................................................................14References................................................................................................................................15
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3MANAGEMENT Introduction Woolworths Limited in regarded as one of the companies having a vast retail interestthroughout New Zealand and Australia. It as well follows particular IT strategy to carry outtheir business with the implementation of the modern technologies to carry out their work(woolworthsgroup, 2017). It is the most attractive supermarket based on the program ofloyalty. It has the biggest chain of supermarket and it has its operations in 996 stores acrossthe country Australia. It is considered the second largest company of Australia. It hasspecialty in grocery, which focuses on delivering the best quality based products to thecustomers. It is the house of favorite brands of Australia and they are committed in giving thelowest prices to Australians every day (woolworthsgroup, 2017). The aspiration of the group,which makes the customers and team to work safely together and safety, is termed as animportant value and it makes sure that the business is carried out in a more systematic waythrough the implementation of the proper IS strategy (Van & Broos, 2012). The mission ofthe organization is to deliver the value and quality to their customers. In order to fulfill theneeds of the customers, the supermarket employ more than 21, 0000 team members whowould be in the position to serve 30 million customers across the brands every week. Woolworths is also a trustworthy business partner of the local manufacturers and farmers.The Woolworths store in the world, which uses the registers of cash, gives its customers itsprint receipts (woolworthsgroup, 2017). To keep this nature of business in mind, it isimportant to discuss the structure of the governance and its policies in the organization (Van& Broos, 2012). The important roles that are being played by the corporate officers in theorganization. Along with this, it is significant to point out the governmental policies andstructures, which reflects on the regulatory requirements. In what ways the organizationaddresses and mitigates risk. Lastly the impacts and internal changes in the organization,which might affect the working of the organization.
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