BUSINESS METHODS Essay -- essays research papers

business organisation METHODS oath (political, Economical Social and Technological environs ) Analysis The out-of-door environment of any organisation / university / faculty / department etc. arse be analyzed by conducting a expletive analysis. The acronym PEST (sometimes rear scoped as STEP) is used to describe a framework for the analysis a range of macro environmental factors including the Political, Economical Social and Technological environment. A PEST analysis fits into an overall environmental scan including the prink analysis and McKinseys 7S Model, which is briefly discussed below and also referred to in the document Preparing a SWOT Analysis. For a unit (referring to any area downstairs review be it an academic department, a research unit, an administrative unit or a support service unit), a PEST analysis should relate to 1. The outer environment outside of the unit but within UCC, and 2. The external environment outside of UCC, given the national and internatio nal profile of the office The PEST analysis provides the following simple framework Political FactorsPolitical factors can subscribe to a direct impact on the way business operates. Decisions do by government postulate the operations of units within the university to a varying degree. Political refers to the big and small p political forces and make fors that may affect the performance of, or the options open to the unit concerned. The political arena has a huge influence upon the regulation of public and private sector businesses, and the spending power of consumers and other businesses, both within UCC and outside of UCC. Political factors entangle government regulations and legal issues and define both formal and informal rules under which UCC and units must operate. Depending on its role and function within the university a unit may need to consider issues such as How stable is the subjective/external political environment? Will government policy influence laws that re gulate third level precept? What is the governments policy on the education? Is the government involved in trading agreements such as the bologna Agreement? The impact of employment laws The impact of environmental regulations Trade restrictions and tariffs Political stability (internally and externally Decision-making structures Economic FactorsAll businesses are affected by frugal factors nationally and globally. Whethe... ...mple measures? A bias for action a propensity to act, thus far in the light of incomplete information, rather than to engage in bulky discussion and analysis Close to the customer listening to, learning from, and providing model(prenominal) service for their customers --------------------------------------------------------------------------------Page 5 Autonomy and entrepreneurship fostering leaders and innovators passim the organisation/department encouraging practical risk taking and tolerating blow Productivity through people respect for and validation of staff cite that staff are the source of quality and productivity gain Hands-on, rank driven led by executives that are in touch with the essential aspects of the organisation paying explicit attention to promulgating the organisations core values cross to the knitting operating primarily in fields of established expertness Simple form, lean staff characterised by few administrative layers, and bare(a) systems Simultaneous loose tight properties a combination of centralisation and decentalisation promoting individual autonomy within the boundaries of the organisations core values.