1 / 16

The External Environment

The External Environment. Defining the External Environment. External Environment Those factors and forces outside the organization that affect the organization’s performance. Components of the External Environment

seymour
Télécharger la présentation

The External Environment

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The External Environment Commercial Economics Lectures 3-4

  2. Defining the External Environment • External Environment • Those factors and forces outside the organization that affect the organization’s performance. • Components of the External Environment • Specific environment: external forces that have a direct and immediate impact on the organization. • General environment: broad economic, socio-cultural, political/legal, demographic, technological, and global conditions that may affect the organization. Commercial Economics Lectures 3-4

  3. Commercial Economics Lectures 3-4

  4. Parameters of Managerial Discretion Commercial Economics Lectures 3-4

  5. Logistic Function Organisation Commercial Economics Lectures 3-4

  6. Implications of the Systems Approach • Coordination of the organization’s parts is essential for proper functioning of the entire organization. • Decisions and actions taken in one area of the organization will have an effect in other areas of the organization. • Organizations are not self-contained and, therefore, must adapt to changes in their external environment. Commercial Economics Lectures 3-4

  7. The Contingency Approach • Contingency Approach Defined • Also sometimes called the situational approach. • There is no one universally applicable set of management principles (rules) by which to manage organizations. • Organizations are individually different, face different situations (contingency variables), and require different ways of managing. Commercial Economics Lectures 3-4

  8. Popular Contingency Variables • Organization size • As size increases, so do the problems of coordination. • Routineness of task technology • Routine technologies require organizational structures, leadership styles, and control systems that differ from those required by customized or nonroutine technologies. • Environmental uncertainty • What works best in a stable and predictable environment may be totally inappropriate in a rapidly changing and unpredictable environment. • Individual differences • Individuals differ in terms of their desire for growth, autonomy, tolerance of ambiguity, and expectations. Commercial Economics Lectures 3-4

  9. Current Trends and Issues • Globalization • Ethics • Workforce Diversity • Entrepreneurship • E-business • Knowledge Management • Learning Organizations • Quality Management Commercial Economics Lectures 3-4

  10. How Organizations Go Global Commercial Economics Lectures 3-4

  11. Current Trends and Issues (cont’d) • Globalization • Management in international organizations • Political and cultural challenges of operating in a global market • Working with people from different cultures • Coping with anticapitalist backlash • Movement of jobs to countries with low-cost labor • Ethics • Increased emphasis on ethics education in college curriculums • Increased creation and use of codes of ethics by businesses Commercial Economics Lectures 3-4

  12. Categories of E-Business Involvement Commercial Economics Lectures 3-4

  13. Distribution and Technology Organisation Commercial Economics Lectures 3-4

  14. Dimensions of Organizational Culture Commercial Economics Lectures 3-4

  15. Spirituality and Organizational Culture • Workplace Spirituality • The recognition that people have an inner life that nourishes and is nourished by meaningful work that takes place in the context of community. • Characteristics of a Spiritual Organization • Strong sense of purpose • Focus on individual development • Trust and openness • Employee empowerment • Toleration of employees’ expression Commercial Economics Lectures 3-4

  16. Benefits of Spirituality • Improved employee productivity • Reduction of employee turnover • Stronger organizational performance • Increased creativity • Increased employee satisfaction • Increased team performance • Increased organizational performance Commercial Economics Lectures 3-4

More Related