Week 4 Intro to Management - External Environment

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Week 4 Introduction to Management - External Environment and Globalisation.

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Week 4 Intro to Management - External Environment

  1. 1. MGF1010: Introduction to Management Week 4: External Environment and Globalisationwww.monash.edu.au
  2. 2. Your Tutor (me)Nathan Eva– nathan.eva@monash.edu– 9903 4065– Building N Level 5 Room 14– www.slideshare.net/nathaneva www.monash.edu.au 2
  3. 3. 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? www.monash.edu.au 3
  4. 4. 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 =) www.monash.edu.au 4
  5. 5. 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. www.monash.edu.au 5
  6. 6. External EnvironmentInternal External• Customers • Global• Competitors • Economic• Suppliers • Technological• Public Pressure Groups • Demographic • Sociocultural • Political / Legal www.monash.edu.au 6
  7. 7. Apple ExternalInternal • Global – New markets? • Economic• Customers – Dropping US dollar – Brand sensitive market • Technological• Competitors – Tablets – Samsung • Demographic• Suppliers – Gen Y & Gen Z – Fuji Crystal Manufactory Ltd. • Sociocultural• Public Pressure Groups – Need for – Greenpeace • Political / Legal – China pollution laws www.monash.edu.au 7
  8. 8. Your Turn!Internal External• Customers • Global• Competitors • Economic• Suppliers • Technological• Public Pressure Groups • Demographic • Sociocultural • Political / LegalHow might these affect the work of managers? www.monash.edu.au 8
  9. 9. 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. www.monash.edu.au 9

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