MHR 650 Lecture Notes - Lecture 3: Pest Analysis, Scenario Planning, Cost Accounting
3 Apr 2017
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5 ways in which explicit models are useful: simplify complexity: they use a manageable number of categories to help simplify complex situations, highlight priorities: they help to prioritize the issue that need most attention. Identify interdependencies: they identify key organizational interdependencies (ex. The four frame model invites the change manager to see the organization through several different lenses at the same time. This can deepen understanding of problems and helps to generate creative solutions by highlighting previously unseen or unconsidered possibilities. Is a simple, flexible and widely used tool for reviewing the current as is state of an organization, and what has to change. Pestle is an environmental scanning tool, which provides a structured method for organizing and understanding complex trends and developments across the political, economic, social, technological, legal and ecological factors that can affect an organization. The point of the analysis is to identify the environmental factors that may affect the organization now and in the future.
