External Environment and Organization's Strategy
Introduction
The world seems to be changing ever faster, with the innovation of technological, economic and political forces reverberating around the world everyday. In the 21st century, management is becoming one of the leading key words on most of search engines such as Google, Yahoo, Go.com, Business.com, WebCrawler…Times are turbulent, and for managers trying to successfully run their organizations, not only do they have to master the technical skills but also make precise decisions at the right times and build up the appropriate strategies to achieve organizational goals. That is to say strategy is undoubtedly crucial for organization’s success, so what is strategy? Strategy refers to the plan of action that prescribes resources allocation and other activities for dealing with the environment and helping the organization attain its goals. As can be seen, environment is what strategy has to deal with, thus, it is worth considering carefully. In this assignment, external environment factors and its relationship with organization’s strategy will be discussed in details that including two layers – the general environment and the task environment. (Managing the External Environment: Strategic Perspective ISBN 10: 0803986297
ISBN 13: 9780803986299
Publisher: SAGE Publications Ltd
Date published: 1991)
Body
First of all, an "environment" is the whole of surrounding things. Furthermore, the external environment of organizations consists of the general environment and the task environment. The general surroundings that affect the organization indirectly, its factors do not directly change day – to – day operations, but do affect all organizations eventually are: international pressures, political/legal factors, economic factors, technological advancements, educational conditions, the natural environment and socio – cultural influences. Besides, the task environment is the layer that directly influences the organization’s operations and performance
The world seems to be changing ever faster, with the innovation of technological, economic and political forces reverberating around the world everyday. In the 21st century, management is becoming one of the leading key words on most of search engines such as Google, Yahoo, Go.com, Business.com, WebCrawler…Times are turbulent, and for managers trying to successfully run their organizations, not only do they have to master the technical skills but also make precise decisions at the right times and build up the appropriate strategies to achieve organizational goals. That is to say strategy is undoubtedly crucial for organization’s success, so what is strategy? Strategy refers to the plan of action that prescribes resources allocation and other activities for dealing with the environment and helping the organization attain its goals. As can be seen, environment is what strategy has to deal with, thus, it is worth considering carefully. In this assignment, external environment factors and its relationship with organization’s strategy will be discussed in details that including two layers – the general environment and the task environment. (Managing the External Environment: Strategic Perspective ISBN 10: 0803986297
ISBN 13: 9780803986299
Publisher: SAGE Publications Ltd
Date published: 1991)
Body
First of all, an "environment" is the whole of surrounding things. Furthermore, the external environment of organizations consists of the general environment and the task environment. The general surroundings that affect the organization indirectly, its factors do not directly change day – to – day operations, but do affect all organizations eventually are: international pressures, political/legal factors, economic factors, technological advancements, educational conditions, the natural environment and socio – cultural influences. Besides, the task environment is the layer that directly influences the organization’s operations and performance