Organizational Culture and the Structure of Woolworths
Added on 2021-06-17
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Running head: ORGANIZATIONAL STRATEGY OF WOOLWORTHSORGANIZATIONAL STRATEGY OF WOOLWORTHS Name of the Student Name of the University Author Note
ORGANIZATIONAL STRATEGY OF WOOLWORTHS1 Executive SummaryThe report is based on the analysis of the generic strategies, the culture of the organizationand the structure that has been implemented. The organization that is taken into considerationis Woolworths which is an Australian organization that its operations in the retail sector. Theways by which the company operates in the industry with the help of the Porter’s Genericstrategies is analysed in the report. The organizational culture and the structure is analysed inthe report. The discussion depicts that the culture and the organizational structure areinterlinked each other. The issues that were faced by the company were solved with the helpof changes in the organizational structure.
ORGANIZATIONAL STRATEGY OF WOOLWORTHS2Table of ContentsIntroduction....................................................................................................................3Generic strategy implemented by Woolworths..............................................................4Organizational culture of Woolworths...........................................................................7Formal structure of Woolworths..................................................................................10Conclusion....................................................................................................................12References....................................................................................................................14
ORGANIZATIONAL STRATEGY OF WOOLWORTHS3IntroductionWoolworths is an Australian organization which operates in the retail sector of thecountry. The organization has acquired the second largest position in the retail sector ofAustralia. Woolworths has also become a huge takeaway for the retail of liquor in Australia.The first store of the organization was opened in Australia in the year 1924. The companyhad started its operations with a capital of 185,000 Euros. Woolworths then went on tobecome one of the largest organization in the retail market of Australia and has shownimmense growth in the next few years (Woolworths.com.au. 2018). The company startedgrowing from the year 1920 and opened a second store in Sydney which was followed by thestores in Perth and Brisbane. Woolworths further opened a Big W discount based departmentin the year 1970. The organization opened its variety stores by removing the variety productsfrom the supermarkets. The process of opening the online stores was completed in the year1989 (Woolworths.com.au. 2018).The organization currently operates more than 900 stores all over Australia and theemployee base consists of 115,000 members in the different areas of its operations.Woolworths is known in the market for working closely with the farmers and the growers sothat they are able to provide the best products to the customers. The organization is famous inthe retail sector for the fresh products like fruits and vegetables that it offers to the customers.This has given the title of “Australia’s fresh food people” to Woolworths. Woolworths hasthereby become one of the most innovative type of retailer in the Australian retail market.The report will be based on the various strategies that have been formulated by Woolworthsfor its operations in the market (Woolworths.com.au. 2018).
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