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Impact of Disruptions to Old Business Model and Leadership Challenges in Woolworths during COVID-19 Pandemic

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Added on  2023-06-10

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This report outlines the impact of disruption to old business model and the leadership and management challenges faced by Woolworths during COVID-19 pandemic. It also describes the responses of organizational leadership with critical evaluation, impact on staff and the strategies used to deal with the identified problems, and suggestions on how the leadership should prepare for next twelve months.

Impact of Disruptions to Old Business Model and Leadership Challenges in Woolworths during COVID-19 Pandemic

   Added on 2023-06-10

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Business Management
Impact of Disruptions to Old Business Model and Leadership Challenges in Woolworths during COVID-19 Pandemic_1
Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
a. Explaining and quantifying the impacts of disruptions to the old business model..................3
b. Discussing leadership and management challenges................................................................4
c) Describing the responses of organizational leadership with critical evaluation......................5
d) Impact on staff and the strategies used to deal with the identified problems..........................6
e) Explaining why and how the leadership should prepare for next twelve months...................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................1
Impact of Disruptions to Old Business Model and Leadership Challenges in Woolworths during COVID-19 Pandemic_2
INTRODUCTION
Business management refers to the coordination and the proper organization of the
business activities. By having the proper management, it helps the company to grow in the
market. The current assignment is based on the Woolworth and this is the Australian company
having supermarket and grocery stores. The current report will outline the impact of disruption to
old business model and the leadership and management challenges faced by the organization.
Further this report will outline the response of the leadership with the challenges. This report will
also outline the impact on staff and strategies and recommendations to dealt with this problem.
MAIN BODY
a. Explaining and quantifying the impacts of disruptions to the old business model
As the Covid-19 pandemic came upon activation in the world it had major impacts to all
the organizations which were not prepared. During that time period Woolworths experiences was
also very similar to all the other business. Being a supermarket organization this company very
quickly started to experience delays with some stock and deliveries of their products
(Seetharaman, 2020). This was due to the disruption caused by the Covid-19 pandemic on the
supply chain of the organization. The result of this was seen on the stores in which they reduced
availability of some products at the point throughout the day before they receive their next
delivery.
The impacts of the pandemic started to show its peak as the lock-downs were
implemented due to isolation and blew out costs in the grocery (Woolworths statement on
COVID-19 impacts on stock availability, 2020). The shortage of the grocery lead to the increase
in the prices of the products. This is one of the largest companies in Australia which was had a
fall of 6.5% to 7.6% of profit. The business model of this company at that time was of a basic
supermarket retailer. It was the time during which the company has just started to adapt to online
deliveries of the groceries to the customers.
This pandemic was the reason for changing the external environment of the organization.
All the political, social, economical and technological changes took place at once. There were
development of future trends of business in which the retailers had to adopt online deliveries in
the market. This is going to be the factor which has been said to be the factor which is
responsible for the creation of the organizational operations (Carracedo, Puertas and Marti,
2021). The post covid-19 agendas are considered to be the factor which are related to the ways in
Impact of Disruptions to Old Business Model and Leadership Challenges in Woolworths during COVID-19 Pandemic_3

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