Organizational Structure And Effectivene | Report

Running head: ORGANIZATIONAL STRUCTURE AND EFFECTIVENESS
Organizational Structure and Effectiveness
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ORGANIZATIONAL STRUCTURE AND EFFECTIVENESS
Impact of the Company’s Structure on Management Innovation
The structure of a company plays a very important role in determining the operation and
management of the same. The framework are set in accordance with policies, programs and
purposes of the company. The threes simple ideas which constitutes the governance of the
company include fairness, collaboration and local sourcing. Dan Murphy has successfully
created a brand image with the help of its extensive range of offerings in the market along with
their retail outlets. It comes under the roof of Woolworth Limited which owns the super market
chain of liquor across Australia with over 226 stores. The company has made a recognizable
identity within the market by making liquor available in the market at the lowest prices. Dan
Murphy makes promise of beating competitors in the market and the price which they advertise
their products.
The strategies which are followed by the Woolworth’s group prioritizes the drivers of
growth and their stakeholders are esteemed highly. They aim at delivering high and positive
outcomes to the customers and stakeholders. The Board operates with the same principles of
increasing value by overall activity of the Company. The primary role of the board is to represent
the shareholders as well as uphold their interests. They also formulate strategy for the operation
which in turn enhance the performance and policy collectively. The board charter lays out the
responsibilities and function of the members of the board. This ensures that the authority is well
aligned with the management and overseeing the practices within the system (Gronum, Steen and
Verreynne 2016). The charter also look after the process and composition of the board. This, as a
result provides strong governance and the needed confidence to make investments in the market
in order.