Internal and External Factors
Internal and External Factors
Laura Smalt
XMGT/230
May 12, 2013
Dr. B
Internal and External Factors
The organization I chose to write about is Subway restaurants. I have worked in management in two different locations, and have had a firsthand look at what goes into the four functions of management and how they interlock with each other. If I were to consider the planning aspect of this organization it is amazing the amount of work, projecting, forecasting, and implementation that it entails. Factors such as globalization play a huge role simply because this organization has over twenty thousand locations in seventy-eighty countries. The economy, trends, cultures, and habits in each region are taken into consideration in the planning function. When planning, corporate must consider the economy in each region, which is why one region may have a different monthly special than another. Organizing all of this also falls into the planning phase, because everything needs planned with individual marketing material, and training materials. Other factors have effects on all this as well. Keeping up with the current technology for instance, helps to keep their locations running smoothly and efficiently. Being one of the world’s largest sandwich franchises requires planning and organizing to keep up with changing innovations, and to create new menu options that keep them competitive with others.
When you look at the four functions of management as a whole, it is easy to notice that not only does each function interlock, but also the organizing function interlocks with both planning and leading. In order to maintain uniform locations that are all kept up to franchise standards systems must be put in place. This is also an excellent chance to provide front line support on location where it is needed most. I think in this function factors such as diversity and ethnics have a tremendous impact. Because these require so much interaction, these factors must be considered.
Laura Smalt
XMGT/230
May 12, 2013
Dr. B
Internal and External Factors
The organization I chose to write about is Subway restaurants. I have worked in management in two different locations, and have had a firsthand look at what goes into the four functions of management and how they interlock with each other. If I were to consider the planning aspect of this organization it is amazing the amount of work, projecting, forecasting, and implementation that it entails. Factors such as globalization play a huge role simply because this organization has over twenty thousand locations in seventy-eighty countries. The economy, trends, cultures, and habits in each region are taken into consideration in the planning function. When planning, corporate must consider the economy in each region, which is why one region may have a different monthly special than another. Organizing all of this also falls into the planning phase, because everything needs planned with individual marketing material, and training materials. Other factors have effects on all this as well. Keeping up with the current technology for instance, helps to keep their locations running smoothly and efficiently. Being one of the world’s largest sandwich franchises requires planning and organizing to keep up with changing innovations, and to create new menu options that keep them competitive with others.
When you look at the four functions of management as a whole, it is easy to notice that not only does each function interlock, but also the organizing function interlocks with both planning and leading. In order to maintain uniform locations that are all kept up to franchise standards systems must be put in place. This is also an excellent chance to provide front line support on location where it is needed most. I think in this function factors such as diversity and ethnics have a tremendous impact. Because these require so much interaction, these factors must be considered.