ACCT1014 The Organisational Chart and their Responsibility

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The primary purpose of the paper is to focus on the organisational chart and their responsibility center to perform the activity within the market. The paper will also provide the focus on the environmental responsibility utilised by the firm to perform their activity in the field and develop working process.

1.1 Organisation background

Woolworths Limited is the primary Australian company that has the extensive retail interest throughout the area of Australia as well as New Zealand (Woolworthsgroup.com.au, 2018). By the term of revenue, this is considered to be the second largest firm in the country. It can be seen that Woolworths is one of the largest takeaways of the liquor retailer within the country. They are also the largest hotel as well as gaming machine operator as well as the 19^th largest retailer in the world. The company is having the workforce of around 205,000 and their revenue for the year 2017 was 55.669 billion Australian dollar.

1.2 Theme background

Environmental responsibility is the responsibility of the firm towards the natural resources that help to minimise the damage as well as it ensures the resources for the future generations. The responsibility of the firm within the field and also the environmental factor for maintaining the valuable process within the field.

1.3 Competitors

The major competitor of the firm is the Walmart, then the Coles group, Tesco and the Target Corporation. The competition level is high in the retail industry and for that, there are numerous other retailers who have got the valuable field within the field.

2.0 Business strategy 

2.1 Business mission

The business provides the valuable process within the retail sector that help to provide numerous working function within the field. The primary mission of the company in the market is to build the customers as well as store-led culture along with the team (Johnston, Stafford, Pierce, & Daube, 2017). They are also evolving the sustainable sales momentum within the food market. Another business mission of the company is to evolve of drink business for providing the value as well as convenience to the customers. They are also in the process of becoming the lean retailer with the help of the end-to-end process as well as the system excellence.

2.2 Competitive advantages

The major competitive advantage of the firm within the market is the ability for ensuring the freshness as well as the quality of their products with the help of effective supply chain management. It can be seen that the winning strategy of the company is too anchored within the sustainable competitive firm. The competitive advantage of the firm consists of a single strategy that is based on the low-cost leadership strategy along with the differentiation strategy within the firm (Bailey, 2017).

Another competitive advantage of the firm is to provide a high quality of products to the people and also to develop effective working function within the field. The company focuses on the food strategy to provide the most valuable and effective view of the growth as well as the efficiency of the product within the field (Okanga, & Drotski, 2016). The quality of products and the business process effectively provides the view of the development of business within the market.

3.0 Organisational structure 

3.1 Structure diagram and work unit type

Woolworths is having the numerous group and for that their organisational structure have also different variable within the field. The food group organisation structure of Woolworths Limited have the support system then the HR director as well as the Woolworths loyalty in the market. The organisational structure also provides an effective view on the Woolworths supermarket management team where the store's director, digital general manager, then support of the GM commercial within the market (Jie, Parton, & Chan, 2015).

The organisation is having the most effective and valuable process where a hierarchical structure is being followed by the firm to perform their activity in the market. The Woolworths management structure provides an effective view of the working process and the development of value within the field. There are 5 non-executive directors and a chairman and also the Group managing director of the business process. The entire management working function of the firm needs to provide their valuable process in the field (Shauki, 2016). The director of the supermarket then the Human resource managers and also the corporate service of the field needs to develop their business. The organisational structure of Woolworths Limited varies with the working process and the development process in the market.

3.2 Decentralisation

Decentralisation is generally referred to as the pushing down of the functional authority as well as the power regarding the decision-making to the very much lower level of the organisation. The degree of decentralisation in the organisation is associated with the costliness of the decision then the uniformity of the policy, size of the firm, history of the organisation, management philosophy, availability of the managers and the control technique (Devin, & Richards, 2018). This all effectively provides the view of the development process and the working function in the business. It can be seen that the degree of decentralisation of Woolworths Limited is quite effective in the market.

The costliness of the products, as well as the product quality, needs to be performed effectively within the field. It can be seen that the entire business process of the firm needs to be developed for the activity in the field. The size of the firm is quite effective for maintaining their products as well as service within the field (Zutshi, Creed, Holmes, & Brain, 2016). It can be seen that the entire process needs to be performed effectively to maintain the process in the field. History of the enterprise also helps to provide the valuable and suitable working function within the market to provide valuable business process.

3.3 Responsibility center

The responsibility center is the subunit or the part of the company for which the manager is having the authority as well as the responsibility. The organisation chart of the company provides an effective view of the determining of the responsibility centers (Klettner, Clarke, & Boersma, 2014). The four type of center within the firm is the cost center then the revenue center, profit center as well as the investment center. The revenue center of the organisation consists of effective managers of the financial department who effectively provides the view on the growth of revenue of the firm in the field.

The revenue of the firm in the recent years have reached the amount of 55 billion dollars that is eventually maintained by the financial and the revenue manager in the market. It can be seen that the profit center is also determined within the field of managers to provide their valuable working function within the market. In the retail industry, the responsibility center plays the vital role in the development of effective and valuable working process within the field (AO Dos Santos, Svensson, & Padin, 2014). Woolworths Limited is having the most effective organisational structure that describes the working function of the managers and the non-executive of the firm where they maintain the responsibility in the most valuable way.

4.0 Literature Review (Environmental responsibility)

The organisation needs to maintain effective sustainability in their products and their service to maintain the environmental responsibility in the market. Woolworths Limited maintain sustainability in their working function and also in the various products and the supermarket chain (Berning, 2014). In the recent world where the environmental protection is the biggest concern for the firm, they are effectively providing valuable and sustainable activity in the field. The organisation lives up to their strategy for developing the sustainability approach within the field to maintain the value of the firm. They are in the process for removing the single-use plastic bags from their various business and also they are announcing the commitment for not selling any of the plastic straws by the end of the year 2018.

The company is also in the process of removing the unnecessary packaging where almost 180 tonnes of production has been removed within the last 12 months (Morioka, Evans, & de Carvalho, 2016). This is one of the best processes that has been utilised by the company to maintain their environmental responsibility in the field. The organisation is also working on the effectiveness of reducing the carbon emission level from the business by almost 13%. The organisation has also identified the climate change as the primary issue that is relevant to the environment.

They are also planning for the diversion regarding the wastage of food in the field. The organisation is in the effective way to provide the valuable process for increasing the value and the environmental activity in the field (Cheng, Green, & Ko, 2014). The firm maintains their effective sustainability strategy within the field to maintain the responsibility of the firm within the market. The organisation has also introduced the green reusable shopping bags for the betterment of the environment and also to reduce the usage of plastic in the market.

5.0 Performance measurement and reward system

The Woolworths Limited remuneration committee is primarily responsible for the overall remuneration policy that is associated with the executive and the non-executive of the firm. The remuneration committee within the firm has effectively provided a valuable working function to develop the business process within the market (Grimmer, 2018). The performance level of the firm can be effectively measured with the help of valuable business process within the market.

The organisation is having the effective performance level within the field where they have achieved high revenue and also a high-income level in the field for the year 2017. The reward for the current year performance level in the field is to maintain the working function and in this, the short-term incentive provides valuable performance level of the firm. The short-term incentive of the company is paid for the performance of the employees and also it is based on the individual along with the business performance outcome (Sewell, Mason, & Venter, 2017).

In this system, the annual cash payment is being performed effectively to maintaining the value and the reward system within the market. The measure of the business performance is done with the help of sales, then EBIT, customer satisfaction, safety as well as the working capital. Te reward system for the long-term sustainable performance supports the effective and valuable reward system for the strategic business drivers as well as the shareholder's return (Price, 2016). This is one of the best reward systems that has been utilised within the field where the performance of Woolworths Limited is counted after every three years. The long-term incentive performance measure relative to the share price of the gateway to maintain their activity in the field. The return on the fund employed in the organisation needs to be created for the valuable process. 

6.0 Recommendations

The performance management and the working function of Woolworths Limited need to provide the valuable and effective development of the process. It is recommended to the firm that they need to enhance their sustainability as well as the environmental responsibility within the market. It is also suggested that the organisation need to keep their employee satisfied for maintaining their performance level as well as the revenue sector of the market. This is one of the most vital and the crucial activity to perform the valuable and most effective business process within the field.

7.0 Conclusion

The paper eventually concludes the fact that Woolworths Limited is having the effective performance level in the term of business and also in the term of highly essential working function within the field. The paper also provides the fact that business has eventually maintained their performance level and their environmental responsibility in the market to develop numerous and effective business process.

References

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Bailey, M. (2017). Absorptive Capacity, International Business Knowledge Transfer, and Local Adaptation: Establishing Discount Department Stores in Australia. Australian Economic History Review, 57(2), 194-216.

Berning, A. (2014). Sustainable supply chain engagement in a retail environment: the case of Woolworths food suppliers(Doctoral dissertation, Stellenbosch: Stellenbosch University).

Cheng, M. M., Green, W. J., & Ko, J. C. W. (2014). The impact of strategic relevance and assurance of sustainability indicators on investors' decisions. Auditing: A Journal of Practice & Theory, 34(1), 131-162.

Devin, B., & Richards, C. (2018). Food waste, power, and corporate social responsibility in the Australian food supply chain. Journal of Business Ethics, 150(1), 199-210.

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Zutshi, A., Creed, A., Holmes, M., & Brain, J. (2016). Reflections of environmental management implementation in furniture. International Journal of Retail & Distribution Management, 44(8), 840-859.