Furthermore, I examine the importance of organisational culture and its influence on the success or failure of merger or acquisition activity, specifically looking at a case of blending organisational cultures within this context. In conclusion the report provides recommendations for mangers whose organisations are entering into merger, acquisition or joint venture activity, forecasting potential challenges and implications, which arise from the amalgamation of different organisational cultures. What is organisational culture? There is no common definition of organisational culture and it still remains a divisive question. However the study of organisational culture has rapidly developed over a number of years as clarity was sought regarding the potential impact of culture on organisational performance.
Table of Contents Introduction2 Detailed description of the G4S PLC3 Introduction3 History of G4S PLC4 The size and type of G4S PLC5 Services provided6 Mission statement7 Future plans of G4S PLS8 The G4S PLC aims9 Structure of G4S PLC10 Comprehensive SWOT analysis of the G4S PLC12 Comprehensive PEST analysis of the G4S PLC15 Analysis on the impact the SWOT and PEST factors have on the G4S PLC18 Discussion on the impact change can have on the G4S PLC and 2 ways they can manage to and adapt to change21 Conclusion25 Bibliography26 INTRODUCTION My name is Monika Markiewicz. Presently I am studying a FETAC Level 6 Advanced Certificate in Business. As part of my Business Management module I must complete my first assessment. My aim is to investigate and evaluate the internal and external environment of an Organisation. I must do the following: * A detailed description of an organisation of my choice.
The purpose of this paper is to illustrate the demanding requirements needed to comply with the Sarbanes-Oxley Act. The author’s thesis is that a corporate compliance report will summarize a strategy that establishes the COSO eight step ERM framework that will allow Raytheon to manage risk while identifying new avenues to increase market share. The first step for Raytheon is to establish an ERM approach that ensures internal controls as well as corporate governance system are active. COSO Enterprise Risk Management Managing risk has become a functionality that requires commitment and discipline to probably and accurately report the company’s transactions. In order to manage accuracy and reporting, the entire organization, from top to bottom, must understand the objectives, risk and standards that must be followed.
Globalization is most prevalent factor in the changing business world. This environment manifests itself in opportunities and threats both economically and politically. However there three important issues or challenges for supply chains of the global economy are (1) more volatility of supply and demand, (2) shorter product life cycles, (3) the blurring of traditional organizational boundaries. 2. Technology has made a major impact as a facilitator of change as companies have transformed their processes.
Discuss the trends in the U.S. airline industry and how these trends might impact a company’s strategy The airline industry is faced with many trends that impact on a company’s strategy. Among the trends are information technology, economic slowdown/rising jet fuel prices, new entrants and rising labor cost. The revolution in information technology impacted significantly on the operations of airlines. Though Jet Blue was the pioneer in this regard, through the introduction of electronic tickets, competitor airlines subsequently invested heavily in technology. Such technological advancement placed a lot of financial burden on the operations of Jet Blue.
Importantly, by showing the impact of the changing industry regulation, the case provides an example of how an external environmental factor can impact a company’s strategy to achieve competitive advantage and ultimately impact an auditor's assessment of inherent and fraud risk. We
Recent years have seen booming worldwide economies ensure high occupancy levels and increasing profitability. As a result, many have expanded, both the number of hotels, the quality and availability of facilities offered. But the industry is now entering another downturn (The broad industry environment is summarized in a PEST analysis in Appendix 1). This leaves Solberri in a vulnerable position. This downturn is also reflected in stock market valuations of hotel groups.
During the company’s history from 1987-2006 they experienced above industry growth compared with most of their competitors. However, 2006 was the beginning of troubling times for FoldRite Furniture Company. (Wheelwright and Bellisario, 2012) It was discovered by management that high turnover rates in the manufacturing department lead to slower production and delivery times. These mistakes opened the door for competitors to take business away from the company. In any industry reliability and consistency are key factors to attracting and maintaining repeat customers.
Macro Environment Using the PESTEL framework, the analysis is divided as follows: The Graham-Leach-Bliley Act opened competition between banks, insurers and brokers. It allowed investment and commercial banks to consolidate. This was a major opportunity for Fargo because the firm was doing business in every segment of the industry. However, government interventions and mortgage issues for instance, are considered generally as major threats to the financial services business. Concerning the economic issue, there were a lot of big mergers in the United states in 1998.
Although it not always brings surprise to the fasting changing business world like new technology, it is crucial not only to the GDP and also important to everybody’s daily life by always being with consumers. It is worth to look into the retail industry in different aspects when facing the big economic depression and think of the possible future in the fasting changing business environment. The retail industry of the United States plays a leading role in the worldwide since the retailing companies that are based in the U.S. dominate on the global retailing stage and at the same time, the retail industry outweighs other industries within the States. According to the latest annual