Managers and the Environment
All managers, whether they are managing a business, a school,
a hospital, Government department, or any enterprise, work in an environment in
which the organization operates. There are a number of forces which are
generated in the environment, which have an impact on the managerial
performance. These forces may be
from within or from outside the organization. They affect, directly or
indirectly, the process of the management and a manager is required to meet
these forces effectively. While to
some extent the internal environment is controllable, the external environment
is beyond his control. Since it is
preventing that the external environment also has an impact on the business
manager's performance, it is necessary to know and understand the environment. For the purpose of discussion, the
external environment is classified into five classes as the economic, the
technological, the social, the political and the ethical environment.