Effective Workplace Management Strategies
Added on 2020-03-16
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Running head: MANAGEMENT STRATEGY1Management strategyStudent’s nameInstitutional affiliation
MANAGEMENT STRATEGY2Executive summaryThe Woolworth limited company is an Australian based retail company. It is the second largest company in Australia. The business ventures in different retail sectors such as supermarkets, liquor store, discount department stores, and hotels and pub. The company employs a strategic management plan that focuses more on the development of the employees. The business’s ideology on the strategy is that the company will perform well when the employees are performing at their maximum potential. The roles of the management, the HR department and the employees are outlined. Employee relations are the core of the strategy. Woolworths limited encourages the employees and the managers to interact and engage in problem-solving discussions. The strategy also involves a problem-solving procedure. The procedure is designed to resolve issues quickly and effectively. The success of the strategy is shown by the outcomes ofthe company. The increased productivity of labor increased customer relations and reduced rate of conflict are some of the fruits of the management strategy. The key issues that face the company is failure of some employees to finish their task and the lack of disciplinary guidance inthe strategy
MANAGEMENT STRATEGY3Management strategyIntroductionWoolworths Limited is an Australian based company. It has retail interest in Australia and New Zealand. The organization started in operations in 5th December 9124 in the basement of the old imperial arcade in Sydney. The company started as a single store. Woolworths was thefirst company to use cash registers that that print receipts for its clients. The organization operates through various retail sections; supermarkets, liquor retailing, hotels and pubs, and discount department stores. The organization has grown over the years to become Woolworth's limited companies. The list of the organization's companies includes; Woolworth supermarket, Woolworths online, food for less, Flemings, Thomas Dux Grocer, and macro whole foods market. Woolworths Limited is the second largest organization in Australia.Management StrategyA business is successful if all the right parts come toplay together. A good idea, an effective plan, a market opportunity, and a competent team.[CITATION Kev16 \l 1033 ]. Woolworthlimited employs a market strategy that is inclusive of the management and the staff. The management strategy focuses on the maximization of employee potential in driving the companyforward. The company invested heavily on the management. The managers must be skilled in many aspects of the business. They should particularly be skilled with the ability to share the organization’s vision to the workers in a manner that the workers can visualize the vision.[ CITATION Edw14 \l 1033 ]. Woolworth limited management strategy key focus is good employee relations. In any organization, the relationship between the workers and the employers and the relationships among the workers themselves is crucial to the wholesome functioning of the organization. Both labor and management are vital to any organization hence they should be well
MANAGEMENT STRATEGY4integrated. Employee relations are influenced by various factors which include: unions, communication, company culture, and wages. Any organization strives to ensure that that employees relate to the management as well as to which other in a friendly manner. Woolworth’s limited management realizes that it is essential that the employees work together as a unit and contribute equally to achieving the company’s objectives[ CITATION Omu14 \l 1033 ]. The management to that effect is pluralistic and not unitary. Under the pluralisticperspective, there are different beliefs, values and behaviors and the authority is not singular but rather there are opposing personnel to the authority. The pluralistic perspective embraces conflictand views it to be helpful if well controlled within an organization. The role of the management is to offer solutions and guidance regarding conflicting interests. The organization’s managementstrategy focuses on three key issues or perspectives.Reason why- the management ensures that it gives the employees the impact their work will have. The employees are told why the tasks they are assigned are important, how they will be of value to the customers and the company, and how the task will contribute to the achievement of the employee’s needs.Curiosity- the management often seeks the employees’ input in decisions concerning an area of interest. Instead of always giving orders, the directorate enquires from the employees what they think should be done.Trust- the company’s management allows employees to make decisions on their own regarding the job they are doing. The workers are allowed to organize themselves and carry out their jobs as they see fit.Woolworth limited is committed to employee performance and achieving the company objectives. The company success is based on inclusivity of every member of the organization
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