All four functions of management are the key concept to effective management. Tall or Pyramid type of organisational structures are suitable to companies that are labour oriented. Above All, Planning Helps You Cope with Uncertainty. Without adhering to such regulations a company can be fined extensively which if it was bad enough could cause the company to shut down. A talented and diverse workforce can adopt and react to changes taking place daily in the information technology field. Factors that impact the four functions are: globalization, technology, innovation, diversity, and ethics. Sometimes it's the environment surrounding the company.
They employ the best software designers in California and allow China to take the competitive advantage in production. To provide safe working conditions for employees. The shortcoming is forcing Microsoft management to plan for a way to make up for the loss in profit Schenker, 2007, p. Organization need to think that whatever they are planning for should be morally, socially and legally ethical and does not harm anybody. The answer is in the application of the fundamental management principles. Flat organisational structures indicate decentralisation of authority.
If an employee's performance is not up to standards of the company, management will need to reprimand the employee. You have more authority than them, so you squash the idea before it can happen. They need to determine what new innovation will bring them and how much it will contribute to the company. Strategic planning may include reevaluation of factories and the ultimate cost thus far of locating factories in areas for the purpose of lowering costs due to shipping. An intangible example of internal factors, they profess to focus on diversity in their employees. It is a corporation that designs, manufactures, and sells iPod, iPhone, iPad, and Mac. Whether decisions are made to benefit an individual or group within a business, they need to be ethical for long-term success of a business; maintaining a positive image.
Companies experiencing aggressive growth and rapid expansion may require its human resources department to focus on recruitment and staffing. Ever evolving, the brand name company-Apple-known around the world has created standards internal code of ethics if anyone would like to be affiliated with this company. Internal: Company Culture Your internal culture consists of the values, attitudes and priorities that your employees live by. At the same time, they must offer a work environment contusive to how this generation works. Management will focus on diversity when organizing training for its current and future employees. Apple, however; has never divulged the demographics of their company. Globalization, technology, innovation, diversity, and ethics are management areas that are affected by both internal and external factors.
The Human Resources department monitors the effectiveness of the discrimination policies at regular intervals and takes corrective action as necessary to ensure that they being complied with www. The assessment and reporting on the results will be compared to agree upon any changes or precautionary action needed Rane, S. Technology has the most dramatic effect on business. In conclusion, organizations use function of management to successfully accomplish the goals and objectives. The four functions are planning, organizing, leading and controlling.
Opportunities and threats are external elements. Leading is the third function of management. A well-implemented plan takes into account all facets, realizing them when needed. Sorry, but copying text is forbidden on this website! Stress level can rise in employees when the innovation of technology is introduced. When the United States Postal Service does the planning for the next fiscal year, the United States Postal Service must make sure that all of the employees know and understands how the company works and is run.
The reason for this is that this service utilizes each of the functions such as globalization, the newest technology, the best innovations, and diversity and ethics combined all in one great service we each use on a daily basis in one way or another. Para Amitt, Singh 2004 This paper will explore how Apple used the Four levels of management, planning, leading, organizing and controlling, and the impact the four levels had on internal and external factors. Your leadership style and other management style impact organizational culture. As an organization, they focus on the studies and protocol that provide resource of disease and cancer indicators. Have you ever thhought about including a little bit more than just your articles? The external and internal factors can be strongly in. Socio-Cultural Factors The social and cultural profiles of your the target markets may prompt changes in strategic management. Globalization, technology… 1681 Words 7 Pages External and Internal Factors of Apple, Inc.
Some of the factors are a result of the way you run your business. External factors that can change the plans are consumers. There are many external factors that could affect a. October 27, 2008 External and Internal Factors on Apple Inc. Rather it was a well organized business endeavor that incorporated sound business principles planning, organizing, leading, and controlling and timely quality products.
Primary data consist of information collected for the specific purpose at hand. Lastly, operational planning identifies the specific procedures and processes to execute the goals and plans of Microsoft which are required at the lower levels of the corporation Bateman-Snell, 2007. Internal factors affect a business from within itself without any outside factors. The role of company leadership is an essential internal factor. An organization might have difficulty identifying and attracting suitable candidates, especially if the same skill sets are in demand throughout the industry. However, managing the strengths of internal operations is the key to business success.
These elements limit their ability to avoid employee turnover, which in turn increases costs and lowers productivity. A successful company requires a firm foundation. Until its recent crisis, Toyota was viewed as highly ethical in regard to responsibility to people and the environment. The next function is organizing and this is utilized by placing employees into units, team, or groups in order to create cohesion and procedures to accomplish their goals. Globalization, technology, innovation, diversity, and ethics within the Apple, Corporation, Inc. Controlling is maintaining standards based on the company's future goals. Many issues come up within a company and a good plan must be in place to deal with arising issues.