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Factors Influencing Organizational Performance

SLO (4): Illustrate the key factors in organizational performance---external. internal environments, and outcome; HRM, leadership styles in relation to employee and group motivation, satisfaction, and performance. Name: Annes Newton Lecturer: Dr. Lemmy Akoma Course: PA 527: Human Resource Management February 24th, 2022 1. Identify factors in the external and internal environment of an organization that influence organizational outcomes: Answer: Every organization has its own culture and just about everything that affects an organization's ability to compete and respond successfully to changes in the external environment such as its success or failure is an aspect of that culture. The internal factors, however, depicts how the organization moves forward as a self-contained organizational entity and in response to its external environment. Various factors both internal and external environment of an organization influence its outcomes. The external factor is on of the first to influence an organization design. It consists of everything outside of organizations that can affect their performance and outcomes. Elements of the environment includes : Availability and need for raw materials, human resources, and financial resources. key elements include customers and suppliers, competitors, cultural factors, and the types of regulatory frameworks or governmental influences on the organization. External factors that affect an organization may be political, economic, social, or technological. The same internal factors that lead to an organization's success inevitably characterize that organization's relationship to the external environment in these broad areas. An organization with a clear sense of mission can explain itself better to the world and can align itself with the positive elements in each area. Leaders who can learn and communicate what they've learned within their organizations also can learn from the organization's external environment and communicate successfully which results in an ongoing exchange of ideas which in turn benefits the organization and its environment. The greater the number of external forces, the greater the complexity of the external environment. In addition, A company's stability and profitability are interdependent on its ability to quickly identify and respond to changes in the external environment. Change is inevitable and having the flexibility to deal with unexpected market mutations can mean the difference between survival and extinction for an organization. Take for example the COVID 19 pandemic an external factor which we were not prepared for. provides a good case study into how significantly external factors can impact organizations. While some were harder hit than others, nearly every business was forced to evaluate the changing landscape and adopt coping strategies of some kind. The effects of the pandemic made g it necessary for organizations to continuously reexamine the environment to not only mitigate risk but also identify opportunities going forward. One of the most popular methods used to perform an environmental scan is the PESTEI analysis. This model is an external factor evaluation matrix that focuses on six spheres of data: - (P)political: The extent to which a government may influence the economy and thereby impact organizations within a certain industry. - (E)economic: How economic conditions shift supply an