Management Practice and Theory: Evaluating Organizational Effectiveness of Woolworths Group Limited

Management practise and theory
Management practise and theory
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Management practise and theory
Introduction
The effectiveness of a company involves measures taken to measure and improve
future and current performance of a particular company. Organizational effectiveness refers
to the technique of measuring how organization is achieving its goals (Argyris,2017
p.89).Organizations have organizational effective groups which helps to carry out specific
activities involved in promoting organizational effectiveness. The groups carries out
examination of the organizational alignments between different areas and then coming up
with the apt measures to improve. It increases the overall trade-offs found between the speed
and quality of organizational activities. It comes up with strategies on running businesses. It
also facilitates and catalysing the capability building, designing organizational structures and
then directing human resource (Argyris, 2017 p.44).
Thesis statement
This paper typically highlights and discusses the purpose and scope of a specific
company’s operation. It also focuses on the criteria used by various stakeholders in
evaluating the organisation effectiveness. Also the implications existing from development of
an approach in its effectiveness have been discussed.
Purpose of the organization and the scope of operation.
In my discussion have used the Woolworths Group Limited. This is a big company in
Australia with the extensive retail interest in the country. The company runs more than 900
supermarkets and many grocery stores in Australia. It also runs hotels and give financial
services to the customers.
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Management practise and theory
Criteria to use in evaluating organization effectiveness.
In evaluating the effectiveness of the Woolworths Company limited I will use the
following criteria. All the criteria focuses on measuring the company’s performance.
Timeliness.
Evaluating the effectiveness in Woolworths based in timelines will be determined by;
 Cycle time .This involves the time used in performing a specific activity in the
company. It involves the issue of filling, shipping customer order and responding to
the orders in the company (Bagnoli & Megali, 2011 p.146).
 The wait time. This is time experienced by the customer waiting a service or a
product. An example is in a case of a customer waiting for an order to be accepted.
 Done on time. This focuses on issue of punctuality. For example, delivering orders at
right time and when expected.
Finance.
Evaluating the company’s effectiveness in field of finance I will consider;
 Evaluating those measures that are related to the profitability in the organization. The
incomes incurred in sale of products and other related activities which amounts to
profits (Bagnoli & Megalith, 2011 p.147).
 Evaluating use of funds by the management .Effectiveness will be based on budgets,
ability to provide adequate capital to accomplish projects and aspect of adhering to
time.
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