External factors - factor affecting productivity improvement, Operation Management

Assignment Help:

External Factors - Factors Affecting Productivity Improvement

As was previously stated, the organisation has no direct control over external factors, be they government policy, climate or social trends.

Since they do, however, have an impact upon the way in which the company operates, it is essential that management can appreciate their possible impact upon the firm. As in the previous discussion on internal factors, external factors may also be sub categorised, in this case into three categories: 

  • Structural adjustments
  • Natural resources
  • Government and infrastructure.

 

Since government is the de facto leader in industrial improvement and due to the impact that productivity may have at a national level, it is in the interest of all governments to find ways in which they can ease the path of companies towards the goal of higher productivity.


Related Discussions:- External factors - factor affecting productivity improvement

Explain organizational culture serves in organizations, Organizational cult...

Organizational culture serves what purpose in organizations?

Why communication is an important consideration in firms, Communication is ...

Communication is an important consideration in organizations, and a number of different constructs fit within the communication viewpoint. What types of leader communication attitu

Concept of a productivity boundary and operating efficiency, 1. Porter (199...

1. Porter (1996) attempts to resolve the issue of Skinner's quandary with trade-offs by introducing the concept of a productivity boundary and operating efficiencies. Explain where

Mgt455, Discuss an example of a work-related project that is able to be bro...

Discuss an example of a work-related project that is able to be broken down into structure, tasks, subtasks, and work packages, and why project management in the form of a CPM/PERT

Traditional approach, compare between traditional and value driven approach...

compare between traditional and value driven approach

Explain operational management strategy for a company, Identify how the cha...

Identify how the changes in the internal envirobnebt affect the Operational Management strategy for a company. For example, what impact are the following factors likely to have on

Explain how does radisson hotels worldwide apply capacity, How does Radisso...

How does Radisson Hotels Worldwide apply Capacity and Scheduling, and quality?

Describe current trends in employee benefits, 1) Discuss current trends in ...

1) Discuss current trends in employee benefits and how they might affect workers. 2) Explain what factor is most important for a culture to be successful and the role cultural stre

Process configurations - services, Process Configurations - Services S...

Process Configurations - Services Schmenner's service - process matrix was introduced, categorising service operations by the degree of labour intensity and the degree of cust

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd