How much time should he and his executive team devote to hiring? I think copying Amazon Bar Raisers, a group of employees that do the hiring, would be a good way to weed out the best candidates for the job. Each interviewer spends at least two or three hours on the candidates. They conduct phone interviews and face to face meetings. This way they can focus on people that have talent rather than filling a position Cultures can also be changed by hiring and selecting people with values and …show more content…
You need to know who your competitors are at all time and what they are doing. To do this the managers need to perform a competitive analysis, which involves deciding who your competitors are, anticipating competitors’’ moves, and determining their strengths and weaknesses (Williams 2017). At my company, they are always looking for ways to improve the way they ship out the product that would cut down on damage. Damage claims can be expensive to a company, so much that you can lose your contract. Competitors are always keeping track of what other companies are doing so they take their …show more content…
Managers scan the environment to stay up to date on important factors in their industry and to reduce uncertainty. It’s also important because it contributes to organizational performance (Williams 2017).
Sociocultural Component The sociocultural component of the general environment refers to the demographic characteristics, general behavior, attitudes, and beliefs of people in a society Sociocultural changes and trends influence organizations in two important ways. First changes in demographic characteristics, such as the number of people with specific skills or the growth of or decline in the number of people with particular population characteristics affects how managers staff their business. Secondly, sociocultural changes behavior, attitudes, and beliefs also affect the demand for a business’s products and services (Williams 2017)
Supplier Component Supplier is companies that provide material, human, financial, and informational resources to other companies. A key factor influencing the impact and quality of the relationship between companies and their suppliers is how dependent they are on each other. For example, I work for DHL Supply Chain, we house Kraft Foods and Mondelez products and ship them out to different companies such as Walmart and Publix. The supply chain industry needs accounts like these to exist and the food industry needs someone to house and