Management and Organizational Studies 3383A/B Lecture Notes - Lecture 3: Tacit Knowledge, Trend Analysis, Workplace Violence
Document Summary
Environmental scanning: systematic monitoring of trends affecting the organization. Identifies trends that might affect the formulation and implementation of both organizational and hr strategies. What is the external environment: external environment: anything outside organizational boundaries that might influence an organization. The external environment is not part of the organization but is tightly integrated with it: organizations do not exist in isolation. Analyzing the external environment consists of these stages: an attempt to identify early signals of changes and trends in the environment. Each source of information can be used to develop hr strategy: publications, hr professionals actively scan canadian newspapers, business publications, and hr magazines, journals, and newsletters, also have access to the extensive publication network originating in the u. s. Increased global competition for jobs, markets, and talent: high cost of employee health care (u. s. , changes to federal healthcare laws.