Professional Documents
Culture Documents
Diversity of Context
normal business Knowledge intensive enterprises Mature businesses and declining industries Turnaround, recovery and endgame Public sector e.g., education, health, local government, executive agencies, police etc.
Knowledge-intensive Enterprises
Knowledge as key to wealth creation Examples:
Professional service firms Creative businesses Educational services Publishing of all kinds
The Broad Environment Socio-cultural Influences The Operating Environment Activist Groups Suppliers Unions Competitors The Organization Owners/Board of Directors Managers Employees Financial Intermediaries Economic Influences Local Communities Customers The Media Technological Influences
Global
External Analysis
Levels of analysis: General changes in business environment Changes within the industry (Industry Analysis) Activities of competitors and other specifics (Competitive Analysis)
Aging population
Rising affluence Changes in ethnic composition Geographic distribution of population
Political/legal Forces
New Laws New Regulations Current Administrative Policies Government Stability Wars International Pacts and Treaties
Political/legal Forces
Governments provincial and federal major regulators, deregulators, subsidizers, employers and customers and are key opportunities. Patent laws, tax rates, NAB factor, lobbying ,example sugar prices
Special Tariffs
Anti trust legislation
Global
Increasing Global trade
Currency Exchange Rates Emergence of the Indian and Chinese Economies Trade Agreements among regional blocs (e.g. NAFTA, EC, ASIAN) GATT Agreement (leading to decreasing tariffs)
Political/Legal Segment
Antitrust laws Taxation laws Deregulation philosophies Women in the workforce Workforce diversity Attitudes about work life quality
Sociocultural Segment
Technological Segment
Global Segment
Assessing
Determining the timing and importance of environmental changes and trends for firms' strategies and their management
Questions