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Management - Organizational Structure - Desklib

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Added on  2020-06-06

Management - Organizational Structure - Desklib

   Added on 2020-06-06

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Table of ContentsINTRODUCTION...........................................................................................................................1Organisational chart ...................................................................................................................1Strategic plan of the company: - ...............................................................................................2Mission and vision of Coles – ....................................................................................................2Role of IT aligned with business objectives – ..........................................................................3WORK HEALTH AND SAFETY CODES OF PRACTICES........................................................3WORK HEALTH AND SAFTEY CODES OF PRACTICE..........................................................4WHS REPORT ...............................................................................................................................7WORKPLACE SUSTAINABILITY ..............................................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
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INTRODUCTIONDue to enhancement of corporations, there has been raised the amount of informationthey need to handle. In this sense, organisations are being faced several challenges as to knowthe financial status of the firm, situation of labour force (Hu and et. al., 2011). Coles is one ofthe largest supermarket and retail service chain in Australia. It was founded in 1914 and theoverall revenue of the firm is A$33.00 billion. There are over 100,000 employees are currentlyworking in Coles thus it is essential for the company to manage workforce effectively.Furthermore, the assignment is based upon how organisations have to manage its workforce byfulfilling all laws and regulations. Organisational chart An organisational chart outlines the internal structure of the firm; its a most commonvisual depiction which represents that how an organisation will works. The organisationalstructure of Coles involves roles and responsibilities of individuals. It is essential for thecompany to follow a flexible structure in which all departments can easily interact with eachother and take imperative business decisions (Kent and Zunker, 2013). There are severaldepartments which are involved in organisational chart of Coles, such are defined as under: - Finance department – The role of this department is to manage cash flows and ensureabout that company whether firm has enough funds to complete day to day paymentactivities. Along with this, finance department of Coles is also liable for credit policies ofthe firm for buyers and ensure that organisation is paid on time to its suppliers. Human resource department – The prime role of this department is to manageworkforce in the best possible so as to gain maximum utilisation of available resources.It encompasses recruiting and selecting well qualified employees, organising training anddevelopment programmes for employee benefits (Dundon and et. al., 2014). Marketing department – It is the responsibility of the marketing of the firm is increaserevenue and market share by promoting firm among target audiences. In Coles marketingmanagers promote products and services of the company so as to attract customers topurchase them. Information technology department – The term IT means to stores, distributing andprocessing information. Information technology , IT has helped the organization to work1
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in more efficient management, conceive complexity, to inquire about problems andgenerate new products and services. Strategic plan of the company: - Strategic planning is one of the important task for every business entity, it providesdirection to all working activities and tasks within organisation. Here, Coles is required toformulate a strategic plan so as to manage workforce efficiently and effectively. It is alsoassistive for companies to take day to day decisions, evaluate progress and changing approacheswhen moving forward (Hu and et. al., 2012). Below mentioned strategic plan of Coles: Identification of goals and objectives – While formulating a strategic plan, managementis required to determine goals and objectives which they want to attain. Here the prime goals andobjectives of Coles is to increase customer satisfaction, maximise employee retention, redefinesales strategy, solidify brand identify across platforms etc. Analysis – afterwards, there should be conducted internal and external analysis of thecompany so as to demonstrate those factors which will affect firm's future market position.Situational analysis helps in gaining information which will shape to the next two stages. Internaland external analysis should be done so as to recognise business needs as a sustainable entity. Strategy formulation – In this stage, management of Coles should formulate aneffective strategy so as gleaned information. Find out required sources are accessible to accessdesired goals and objectives (D'Arcy, Herath and Shoss, 2014). Strategy formulation alsoconsidered all issues or barriers are faced by the firm and how to reduced them. For example-Coles should prepare strategy for welfare of its employees so as to attain and retain for long time.Implementation – Regulation of a successful business strategy is a crucial for everyventure. It entails with action stage of strategic management process. At last the overall plan isimplemented by the management and visualise it over the organisation. Mission and vision of Coles – The vision statement of Coles is to be one of the largest retailing industry of Australia byfulfilling all corporate social responsibilities. The mission statement of the company is togenerate develop an innovative business which provides high quality products and services thatdeliver value to target audiences. In order to achieve its mission and vision, Coles is trying tosave money and time and getting relevant information of external environment. 2
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