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BMGT 364 Session 3 - Organizational Environment - Handouts

BMGT 364 Session 3 - Organizational Environment - Handouts...

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© Copyright 2010 Organizational Environments BMGT 364: Management and Organizational Theory Spring 2011; Session 3 Department of Management & Organization
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© Copyright 2010 Components of  organizational  environments  How do the different  components impact  management practice?  Why do good companies  go bad? Agenda
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© Copyright 2010 External Environment
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© Copyright 2010
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© Copyright 2010 Components of Macroenvironment Components Related to… Sociocultural Component Demographics & behavior/attitudes and beliefs of your workforce, customers and general public Political/Legal Component Laws & regulations Political Influences Economic component State of national/international economy Technological Knowledge, tools and techniques
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© Copyright 2010 The Changing Environment Components Related to… Sociocultural Workforce is older, more culturally diverse, increasingly female New social contract (shorter-term relationships of convenience and mutual benefit versus life time employment) Customers as prosumers Social issues shape attitudes toward your company and its values Political/Legal Politicization of management Increased personal legal accountability (Sarbanes-Oxley Act)
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© Copyright 2010 The Changing Environment Components Related to… Economic Continuous up-and-down movement of an economy Globalization: A post-American world? Is the “Golden Age” of America coming to an end? Technological Increased importance of knowledge and ideas; emphasis on innovation and creativity “Wikinomics” (1) ; mass collaboration across organizational boundaries “The World is Flat” (2) : A web-enabled playing field that allows for multiple forms of collaboration http://www.youtube.com/watch?v=SiUJ2hfEp78 (1) Tapscott & Williams. “Wikinomics”; (2) Friedman, T.L. “The World is flat: A brief history of the 21 st Century”.
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© Copyright 2010 How is the  (changing)  external  environment  affecting the  practice of  management?
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