BUSI 5301 Lecture Notes - Lecture 4: Human Resources

• School: Memorial University
• Department: Business Administration
• Course: BUSI 5301
• Professor: JY Tang

Document Summary

Environmental uncertainty: simple complex dimension, stable unstable dimension. Industry sectors: raw materials sectors, market sectors, human resources sectors. General environment: government sector, sociocultural sector, technology sector, financial resources sector, economic conditions sector. Simple complex: number of different factors/forces. Stable unstable: rate of change or degree of predictability of change. Organizations need the right fit between internal structure and the external environment: positions and departments, buffering and boundary spanning. Establishing interorganizational linkages: ownership, formal strategic alliances, cooptation, interlocking directorates, executive recruitment, advertising and public relations. Controlling the environmental domain: change of domain, political activity, regulation, trade associations. Change and complexity have major implications for organizations. Organizational environment differs regarding uncertainty and resource dependence. The goal for organizations is managing efficiencies and survival. Managers must understand how the environment influences the structure of an organization. When risk is great, organizations can attempt to change or influence the environment.