Essays on Strategic Business Management - Woolworths Assignment

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The paper "Strategic Business Management - Woolworths " is a great example of a business assignment. Woolworths has grown since 1924 when it was started in Sidney. Every company has the desire of achieving certain specified organizational objectives. Every company has a purpose of existence that is spelt in the mission and vision. The set objectives seek to achieve the organization goals. Woolworths since its formation in Australia it has grown with the guidance of set objectives to achieve the current position in the market. Strategic goals are responsible for attaining the growth and sustainability of the company.

Without having a clear vision of what it wants in the market Woolworth would not have reached where it is in the market. The strategic goals are responsible for acting as the driving force in the daily operations of the company. Curving out a unique position in the market is very important for the growth of the company. Some of the strategic goals pursued by Woolworths are discussed in the following section of this paper. Sustainability Woolworths like any other company would not like to see its resources being depleted.

Human resources, natural resources, and technology are all important in ensuring the perpetuity of the company. The company has to be in a position of attracting highly qualified staff and offering them the deserved salary and allowance. The goals of sustainability are very important in making the company attain organisational objectives (Barney, 2007, p. 57). The organization has to ensure that there is continuity in activities that it engages in. the growth prospective have to go beyond a year or two, but consider a generation. The company has to focus on the strategic long term attainment of goals.

While the company pursues other short term goals it cannot overlook the importance of long term goals. The resources in the company have to sustain the daily operations of the company within and without the company. Sustainability policy ensures that the company is not overwhelmed by functions or operations that can lead to its demise. The organization uses available strategies to ensure the attainment of sustainability.

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