Business Strategy BO1BSRE301 ENVIRONMENTAL ANALYSIS OF WESFARMERS LIMITED Introduction – Wesfarmers a diversified corporation Established in 1914 as Western Australian Farmers Corporative with its diverse business has grown into largest listed companies in Australia. The business varies from supermarkets and departmental stores ( Coles, Coles express, Kmart, Target), home improvement and office supplies (Office works, Bunnings), Coal production and export, chemicals, energy and fertilisers (QNP, Kleenheat etc.), industrial and safety products (Wesfarmers Industrial & Safety, Blackwoods etc.). It is one of the largest employers in Australia, employing 200,000 and shareholder base of approximately 500,000. Wesfarmers have captured an enormous
Wesco International is one of the largest hay exporters in the state of Washington. Founded in 1971, it was originally a wool exporter but made the transition to agricultural products with a specialty in hay distribution in 1973. Don Schilling, the owner and President of Wesco Int. has been with the company for over two decades and has seen the ups and downs in the industry. We chose to do our second project on Wesco because one of the group members, Eli, is an employee at Wesco International. We were able to tour the facility and interview Eli’s boss Jordan, and get a great inside look into the daily operation of Wesco.
Sapient is a business consulting and technology Services Company based in Cambridge, Massachusetts, that was founded in 1991 to specialize in client/server application development. Sapient was one of a group of companies (along with firms such as Cambridge Technology Partners and i-Cube) that sought to differentiate themselves from traditional consultants by offering strong technical skills and application development to enable companies to get business value out of technology within fixed-fee/fixed-time contracts and by focusing solely on client's success to achieve long term goals and objectives. In the mid-1990's, Sapient recognized the potential of Internet and started to offer Internet solutions to its clients. Sapient was one of the few e-business integrators from the dot-com era that recognized offshore opportunities early on. It invested in global delivery capabilities in India starting in 2001.The Company has been through significant changes over the past five years, including significant shifts in its client base, offshore staff mix, and target contract size, but the focus on its purpose, core values, Internet enablement and related technologies is unchanged.
Morrisons was founded over 100 years ago, as a stall in Bradford market. It has been a family business for most of the time since. Under Sir Ken Morrisons 55-year leadership, until he retired in 2008, the company grew steadily from market stall to superstore. With over 450 stores, it is now the fourth largest food retailer i...
The first assigned reading was a case study of Customer and Enterprise Services (CES) Division. It is the back end customer service & support provider for majority of the insurance companies in the United States. The issue they faced was the demoralization of their work force. A lackadaisical quota based approach to work was prevalent among most levels due to the archaic & heartless management & leadership approach in place. The case study analyzes CES’s transformational process to counter this issue. The seeds of this company wide transformation were sown through the personal transformation of John Parker, Vice president of CES while it underwent the transformation. I think the story shows the importance of leadership in such an undertaking,
Corporate Employees Our goal is to be one team, focused on delivering the ultimate guest experience. This is done through an engaging work experience and efforts to make our company an employer that attracts, develops and retains high performing and engaged employees. Enactus Together with Enactus Canada, Tim Hortons is shaping generations of entrepreneurial leaders who are passionate about advancing the economic, social and environmental health of Canada.
Spokane Industries has contracted Franklin Electronics for an 18 month product development contract. Franklin Electronics is new to using project management methodologies and has not been exposed to earned value management methodologies. Even though Franklin and Spokane have worked together in the past, they have mainly used fixed-price contracts with little to no stipulations. For this project, Spokane Industries is requiring Franklin Electronics to use formalized project management methodologies, earned value cost schedules, and schedules for reports and meetings. Since Franklin Electronics had no experience with earned value management, the cost accounting group was trained in the methodology in order to bid for the project.
(Arnold, 2003) These competencies are directly or indirectly associated with the human resource and employees of the company. Due to these policies and strategies, Cole has been successfully running more than 749 stores all over Australia while sustaining and retaining their employees. This has been evidently proved since Coles inception, to reach out to a number of consumers and creates a regular and substantial cash inflow for generating high profits in the industry. (Langley,
However, RLK’s competitors are downsizing and outsourcing R&D and exploiting on the cost advantages. If RLK decides to invest more money into R&D and should the new product stall on launch, they face the danger of becoming bankrupt.
* Forecasting the demand for employees * Implementation and review The first stage of HR planning that Woolworths will need to consider is the use of the Labour stock take. The purpose of the labour stock take is to find out exactly how many staff that the company has available to them after taking into consideration the number of staff that are leaving the company and the quality of the staff available to the company. When using a labour stock take, Woolworths should use a combination of job analysis and performance review, the use of a skills audit will be of little benefit to the business as this method assesses the skills and qualifications of the employee and little qualification is needed to work in the retail area that the business operates in, a combination of the performance review, this involves looking at the performance of all the employees within the organisation in order to identify staff potential and to identify where staff have more training needs. This will enable the business to.
Along with useful cost containment another strategic issue for BHP that goes parallel is” efficient workers recruitment”. BHP must do more to win this issue of being the ‘employer of choice inside Australia’. This means is putting programs and efforts to give financial rewards for performances. Workers need to feel a good sense of belonging and also leading to financial results and also increasing the organization placement in markets.
Woolworths is one of the biggest retail group in Australia. Its motto is to provide fresh food to customer with in an affordable price. The company procures goods from the manufactures and also produces few products from their manufacturing plant. With its corporate office in Sydney it operates all the distribution channels, petrol sites and support centres. It has a trusted food, liquor and general merchandise brands.
The major players of retailing industry include Coles , Franklins and 7-Eleven. Obviously, Coles and Franklins are the major competitors of 7-Eleven. Coles is a full service supermarket operating 431 stores throughout Australia, its offers
However, this company consists a lot of brand for their all products. For example, Cocopie, Golbean, Mum’s Bake, Lot100, Koko Jelly,
Shiller (2003) believes that stakeholder theory suggests that corporate stakeholders are divided into external stakeholders and internal stakeholders. External stakeholders include investors, creditors, customers and the government. Internal stakeholders include managers and employees and so on. Woolworths Company's stakeholders in the process of canned processed foods are as followed:
The food and staples retailing is an increasingly competitive industry. The market giants (competitors) are Coles (owned by Wesfarmers) which has 741 stores across Australia and plans to add 70 m...