The Importance Of The Organisational Environment

1044 Words 5 Pages
Businesses are continually attempting to survive, success, influence and achieving its mission and goals. However, they are not generally a success as they sometimes faced external and internal environment and various issues that could affect the business. As indicated by Samson (2016) states that the external organisational environment incorporates all components existing outside the boundary of the workplace that can possibly affect the business. For example, the environment including resources, competitors and more that may have an impact on the business (Samson, 2016). To approach these main causes and to improve their ability to perform and maintain a successful work environment, businesses can identify the strengths and weaknesses and …show more content…
This is very important for the survival of the business as it brings in new walk in clients. By having positive reputation reflects on the business therefore attracting various customers. Also an advantage to the financial side of THAT Co and on the business in many ways. For example, more customers through word of mouth, consumer preference and the future value if the business in the marketplace. The positive reputation of THAT Co can enable variety of companies to differentiate its product in highly competitive markets. An organisational reputation is an intangible asset that enables entrepreneurs to differentiate an organisation that has high reputation from organisations without this asset. Along these lines, a positive reputation can be an asset to the organisation, for example, better access to resources, the ability to recruit talented employees, and greater chances of financial success (ZAVYALOVA, …show more content…
This affect the business as some of its highly skilled employs left without the two directors intention to stop or retain them from living. This is a weakness of THAT Co based on how they managed the business also for not able to find any approachable solutions or attempting to find out the reasons for employees to resign. This is a major loss for the business as the two directors weren’t attempt to retain highly skilled employees from resigning and also causes several negative impacts on the rest of the employee’s as its puts more pressure and more work for them. In addition, other weakness are the two directors do not know what to do and can’t deal with the changes and the new competitors affecting the business. As mention the past five years long term clients engaged with other companies for their wielding jobs. This is due to TPK’s retirement which lead the directors blaming each other as it getting difficult to get jobs compared to 20 years ago when TPK was still in business. This is a weakness as they stay depending on the old clients from the business reputation 30 years ago but could not find ways or new strategies to improve from last time, overall still the business a success. As mention the business has been the same for more than 30 years without any changes. The only changes are how they causes the employees to take sides and

Related Documents