Organizational structure and goals

Organizational structure and goals
Report on Walmart functional areas

Running head: Organizational structure and goals
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Contents
Introduction......................................................................................................................................2
Human Resource Department..........................................................................................................2
Finance Department.........................................................................................................................3
Marketing and Advertising Department..........................................................................................4
Organizational structure...................................................................................................................6
Recommendations............................................................................................................................7
Conclusion.......................................................................................................................................7
References........................................................................................................................................8

Running head: Organizational structure and goals
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Introduction
The development of separate functional areas with specific goals contributes to the
success of an organization. Walmart is an American based multinational retail corporation that
runs departmental stores all over the world. The major functional areas of the company are
Human resource, Finance and Marketing (Walmart, 2019) . The report focuses on the
importance and purpose of these functional areas in the growth of the company and their
contribution to the achievement of organizational goals of Walmart. Proper suggestions are also
provided regarding the suitable organization structure for the company and its relation with
future success.
Figure 1: Walmart Retail Store in America
Source: (Redmond, 2015)
Human Resource Department
This department forms the backbone of the company because it is responsible for
controlling the activities of other departments as well. The functions of this department is to find

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opportunities, provide assistance in removing the risk associated with the retail store, achieving
sales goals, controlling the expenses, recruiting the talented staff from the Retail institutes and
providing them training (Farouq & Cherian , 2013).
In order to achieve the organization goal of Walmart, this department offers its
employees with discount cards that provide a 10% discount on products. It is valid in Walmart
stores all over the world. Bonus is also provided to the employees that achieve customer service
goals. In the year 2018 Us Walmart have received $800 million in bonuses. Health insurance
facilities are given to the workforce up to $1000. These activities and incentives motivate the
employees to perform better that ultimately results in Walmart success.
The HR department has a principal role in the Walmart organization structure because it
improves the productivity, offers suggestions to top management in human resource policies,
monitors the relationship between other departments (Roberts & Berg, 2012).
Figure 2: Doug Mc Million (President, CEO)
Source: (Walmart, Doug McMillon, 2019)
Finance Department
Its major function is to manage the inflow and outflow of cash of Walmart. Proper
functioning of this department is very necessary because it supplies finances to other