37:533:301 Lecture Notes - Lecture 5: Organizational Culture, Telecommuting
Document Summary
Organizational demands are factors within a firm that affect decisions regarding how to manage employees. They can also be referred to as the internal environment challenges. Environmental influences are pressures that exist outside companies that mangers must consider to strategically manage their employees. They can also be referred to as the external environment challenges. Legal compliance is the challenge of complying to various federal, state and local employment legislations in addition to executive orders. Laws are continuously introduced and their interpretation evolve. A set of integrated and coordinated commitments and actions intended to achieve stated business goals. It is the plan that an organization set to achieve a competitive advantage over its market rivals. Companies might compete based on price or alternatively compete based on differentiating their business from competitors, for example based on quality or customer service. Various business strategies mandate different hr practices to support each strategy. Companies differ in size and stage of development.