Not Found (#404) - StudentShare. https://studentshare.org/business/1870042-module-3-case-assignment
Not Found (#404) - StudentShare. https://studentshare.org/business/1870042-module-3-case-assignment.
Module 3 Case Assignment Module 3 Case Assignment Whole Food market is an organization that deals in wide variety of foods. The supermarket food chain is based in America and mainly deals with organic foods. The company that started as a small business enterprise has now expanded to many parts of America. In addition, it is a publicly traded company. It has purchased several small firms in order to be a big one. The success of the company lies within specific strategies just like any other business organization (Cameron & Green, 2012).
The company has climbed the ladder of success to be operated in other parts of the world. For instance, it acquired seven Fresh and wild stores to enter the UK market. This paper focuses on the use of the Nadler-Tushman Congruence Model to analyze the Whole Food market case study. According to the model, there are four key components that determine the effectiveness of an organization. The components include culture, structure, people, and tasks. They perform an important role both in the internal and external perspective of a company.
The components have to work in a union in order to produce end results that are efficient and effective. Though there are distinguishable from one another, the organization depends highly on them to form a smooth system of operation. In case the components do not agree with another, the resulting friction has a negative impact on the overall performance on the company (Burke, Lake & Paine, 2009). Consequently, productivity of Whole Foods market is affected. Congruence analysis is a useful tool for making strategies and policies in the organization.
In the economy today, Whole Foods Market is classified among the most successful companies in the industry in which it operates. The organization implements the appropriate strategies to ensure that it achieves its goals and objectives. Just like any other organization, Whole Foods Market is not exceptional in terms of obstacles and challenges facing the industry. Success of the company derives from how it deals with the challenges. Proper mix of the individual components of the model has enabled the organization to formulate accurate focus regarding market situations (Burke, Lake & Paine, 2009).
For instance, instilling a perfect culture in employees with goal-focus has functioned to increase productivity in all departments of the organization. Some recent challenges have had a negative impact on the objectives of the organization. Some of the obstacles to success experienced by the company include the downtrodden economy, competition within the food industry, and difficulty in acquisition of territories. In order to deal with the challenges, it is essential and recommendable for the organization to come up with responsive mechanisms in order to deal with the situations (Cameron & Green, 2012).
The perspectives of responding to such issues are in line with devotion to the community, motivation of workers, environmental responsiveness, healthy growth model, and high quality standards. The company has done a great deal in in enabling strong ethical practices, provision of high quality goods and services, and building a good reputation in the industry. it relies on its ore values of caring for the community. As such, it is able to provide foods with high health standards. Whole Foods market does a great job in providing the market with natural and organic products such as fresh seafood, bakery items, wine, meat, and produce.
Strategies of the organization are in line with satisfying the needs of the market with perfection and overall quality. Differentiation strategy is the most appropriate strategy for the company in terms of Porter’s Generic Competitive Strategies. The strategy deals with expansion of the company in response to distinct groups in the market (Sharma, 2007). Focusing on each market segment independently helps the company to improve efficiency in responding to the needs of customers. Managing the competitive market situation requires the company to include value added impressions on its products and services.
They design product and service elements according to every market segment to recognize every type of customer. Differentiation comes along with various advantages to the organization. The strategy concern the people component of the model. It is considerable to note that the organization charges different prices in different regions. There are a number of factors that determine pricing system in a community. As a result, it is able to compete favorably with the use of differentiation pricing strategies.
Differentiation gives the company an opportunity to perform research in order to find out needs of different market segment (Nieuwenhuizen, Rossouw & Badenhorst, 2008). As a result, it is able to produce products that accurately respond to specific groups in the market. Customers feel recognized and appreciated when the company can respond to a variety of their needs. It is considerable to put the key environmental issues into account while implementing inputs of the organization in terms of the three categories which include resources, environment, and history.
Some of the environmental factors that affect the organization include motivation tactics, management, technological inputs, and financial factors among others. In order to achieve its objectives, the company has to ensure that the inputs are adequate and appropriately included in the system. The company needs to inject the inputs in accordance with differentiation strategy. Since consumers have different needs in the market segments, it would be recommendable to use different inputs in trying react with the competitive market situation (Burke, Lake & Paine, 2009).
As a result, Whole Foods is able to initiate a competitive advantage in the industry. Inputs are critical to the success of the organization. It has to have a good structure that coordinates well with other factors. The components mutually interrelate with another to form a smooth system. Employees have to be motivated towards achieving goals of the organization. Organization and flow of work should be implemented properly (Cameron & Green, 2012). In addition, factors of production should be properly incorporated.
Every business organization has goals and objectives in their industries. For them to achieve the goals, selection of strategies should be effective. Whole Foods should use differentiation strategy as an approach in managing competitive market situations. As a result, it would conveniently grow beyond its competitors and attain some of its goals. References Burke, W. W., Lake, D. G., & Paine, J. W. (2009). Organization change: A comprehensive reader. San Francisco: Jossey-Bass. Cameron, E., & Green, M. (2012). Making sense of change management: A complete guide to the models, tools and techniques of organizational change.
London: Kogan Page. Nieuwenhuizen, C., Rossouw, D., & Badenhorst, J. A. (2008). Business management: A contemporary approach. Cape Town, South Africa: Juta. Sharma, R. R. (2007). Change management: Concepts and applications. New Delhi: Tata McGraw-Hill.
Read More