Environmental Analysis
Introduction
Managers are responsible for the success of an organization and concerned about the effect that factors in the external environment have upon it.
They cannot control the external environment but they need to identify, evaluate and react to those forces outside the organization which may affect them.
The way in which managers attempt to achieve this is by means of a qualitative assessment of signals they receive which are relative to outside influences. There is therefore a need to carry out an analysis of these forces by means of methods we are going to discuss in details later, and this is called the environmental analysis.
Managers are also concerned in the ways in which organizations can most clearly identify their current position in the market. It is against the background of the picture that emerges from this analysis that the strategist should then be in a far better position to begin the process of deciding upon the detail of the organization’s......
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