BMGT 364 Session 3 - Organizational Environment

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

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Unformatted text preview: Copyright 2012 Organizational Environments BMGT 364: Management and Organizational Theory Spring 2012; Session 3 Dr. Karen Wouters Department of Management & Organization Copyright 2012 Components of organizational environments How do the different components impact management practice? Why do good companies go bad? Agenda Copyright 2012 External Environment Copyright 2012 Copyright 2012 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 Copyright 2012 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) Copyright 2012 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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BMGT 364 Session 3 - Organizational Environment - Copyright...

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