GMS 200 Lecture Notes - Lecture 2: Vancity, Pest Analysis, Starbucks

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Deborah De Lange

Document Summary

Stakeholders are anyone who the rm affects or anyone who affects the rm. All of the background conditions in the external environment of the organization including: (slent) Legal-political - philosophy/objectives of political party running the government. Natural environment - nature and conditions of environment. Other sources may use: pestel: political, economic, social, technological, environmental, Choose any organization you know or would like to work in and draw a diagram like the one for. Starbucks - identify the organizations environment using slent. Next consider its strategic positioning (differentiation - how you differ from your competitors - competitive advantage) Discuss the organizations environment and competitive advantage to your. Planning - set objectives and how to accomplish them. Organizing - assign tasks, allocate resources, coordinate work activities. Leading - build enthusiasm, inspire to achieve goals. Informational - exchange and process info: monitor, disseminate, spokesperson. Interpersonal - interact with people: figurehead, leader, liaison. Decisional roles: negotiate, handle disturbances, allocate resources, entrepreneur.