Week 4 Intro to Management - External Environment
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www.monash.edu.au MGF1010: Introduction to Management Week 4: External Environment and Globalisation
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Week 4 Introduction to Management - External Environment and Globalisation.
Transcript of Week 4 Intro to Management - External Environment
www.monash.edu.au
MGF1010: Introduction to Management
Week 4:External Environment and
Globalisation
www.monash.edu.au
2
Your Tutor (me)
Nathan Eva
– [email protected]– 9903 4065– Building N Level 5 Room 14– www.slideshare.net/nathaneva
www.monash.edu.au
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Last Week
• What are Taylor’s 4 principles? Are they still used in business, explain?
• How did the General Administrative Theories influence management thought?
• What is the Quantitative approach to management?• How is the systems approach used in modern day
management? • How has the Human Relations movement revolutionise
management thought?
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Assignment Reminder
•Due Week 6•On Weeks 2 and 4 material•1,500 words (+/- 10%)•Worth 15%•Minimum 5 Journal Articles•Moodle is the place for lots of information goodies•Need more help? Click here =)
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External Environment
• Choose an organisation in which you have some interest and analyse its external environment.
• Emphasis the importance of at least one factor from your organisation’s general environment and one from its specific environment.
• You should also discuss how these two factors in your organisation’s external environment impact the work of its managers.
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External Environment
Internal
• Customers• Competitors• Suppliers• Public Pressure Groups
External
• Global• Economic• Technological• Demographic• Sociocultural • Political / Legal
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Apple
Internal
• Customers– Brand sensitive market
• Competitors– Samsung
• Suppliers– Fuji Crystal Manufactory Ltd.
• Public Pressure Groups– Greenpeace
External• Global
– New markets?
• Economic– Dropping US dollar
• Technological– Tablets
• Demographic– Gen Y & Gen Z
• Sociocultural – Need for
• Political / Legal– China pollution laws
www.monash.edu.au
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Your Turn!
Internal
• Customers• Competitors• Suppliers• Public Pressure Groups
How might these affect the work of managers?
External
• Global• Economic• Technological• Demographic• Sociocultural • Political / Legal
www.monash.edu.au
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Week 4 Lecture - Culture
• Explain how organisational culture is developed and passed on
• What are the benefits of having a strong organisational culture.
• Discuss three (3) current issues concerning organisational culture.
• Discuss the original sources of organisational culture.
