Review of the week
Watch the video where we revisit AGN Corp. The situation facing it exemplifies many of the themes you have studied this week. During this week we explored some tools frequently …
Course: Managing Company Culture Whilst Responding to Environmental Challenges
Legal factors
Legal factors are often incorporated into political factors because governments create and enforce laws. Legal and political factors Political factors often already cover legal matters such as competition, taxation, employment …
Environmental factors
Environmental factors can focus on ecology or the physical environment, and include concerns over the weather, climate change, environmental policies, pressure from environmental activist groups, air and water pollution, and …
Technological Factors in a PESTLE Analysis.
Technological factors include production techniques, information and communication resources, production, logistics, marketing, and e-commerce technologies. These affect how an organisation operates, sells its products, interacts with, and gathers intelligence on …
Economic factors
Economic factors include economic growth, percentage of unemployment, inflation, interest and exchange rates, and commodity (oil, steel, gold, etc) prices. These affect the discretionary income and purchasing power of households …
Socio-cultural factors
Socio-cultural factors include consumers’ lifestyles, buying habits, education, religion, beliefs, values, demographics, social classes, sexuality and attitudes. These factors determine the suitability of an organisation’s products and services for its …
Political Factors in a PESTEL Analysis.
In a business context, political factors usually relate to laws and regulations created and enforced by national governments and international bodies (such as the United Nations or the European Union). …
Welcome to the course
A warm welcome to this course which explores company cultures and responses to environmental challenges. Please watch the video above, in which we encounter four organisations: AGN Corp, Mechanical Solutions, …
Review of the week
Congratulations on completing this week of Managing Company Culture Whilst Responding to Environmental Challenges. We hope you have enjoyed this look at organisational culture and environment. This week we have …
PESTLE overview
PESTLE, also known as PESTEL, is an abbreviation for the Political, Economic, Socio-Cultural, Technological, Legal and Environmental factors. These are factors posing opportunities and threats to an organisation, and within …
SWOT Analysis
The Chartered Management Institute (CMI) describes a SWOT analysis as: … a tool for analysing the market position of an organisation. It was developed in the 1960s as a result …
A new week
Welcome to the second week in Managing Company Culture Whilst Responding to Environmental Challenges. Last week we explored the concept of organisational culture and examined the internal and external environments …
Environmental uncertainty
Environmental uncertainty refers to, ‘the degree to which future states of the world cannot be anticipated and accurately predicted’ (Pfeffer & Salancik, 1978). Environmental uncertainty is problematic to an organisation …
Resource Dependence Theory
Pfeffer and Salancik (1978) devised the resource dependence theory to explain how organisations’ behaviour is affected by the external resources they possess. They propose that firms change, as well as …
Environmental influences
We will start this section on comparing internal and external environments by exploring environmental influences. The diagram below depicts the different environments in which an organisation operates. Environmental influences on …
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Managing Company Culture Whilst Responding to Environmental Challenges