Assignment 2 Discussion: Impact Of Internal And External Ass
Assignment 2 Discussionimpact Of Internal And External Assessmentmos
Most managers in organizations develop strategic plans without realizing the importance of internal and external assessments and their implications on the four functions of management. Assume you are hired as a new manager and you want to improve your company by helping upper management develop a better understanding of these issues. Using the Argosy University online library resources and the Internet, research internal and external assessments. Then respond to the following: Explain the four functions of management and the purpose of internal and external assessments. How would you convince upper management about the importance of internal and external assessments?
How would you demonstrate the critical relationships that exist between assessments and the four functions of management implemented in most organizations? After your initial post, respond to the following: List and examine the key factors you think affect the four functions of management. What do the four functions of management have in common? How do managers at different levels apply the four functions of management? How do the four functions of management affect organizational success?
Write your initial response in 200 to 300 words. Apply APA standards to citation of sources.
Paper For Above instruction
The four functions of management—planning, organizing, leading, and controlling—serve as foundational pillars in organizational operations and strategic development. Understanding these functions is essential for integrating internal and external assessments, which provide critical insights for effective decision-making. Internal assessments evaluate an organization’s resources, capabilities, and core competencies, while external assessments analyze industry trends, competitive landscapes, and macroeconomic factors (Johnson, Scholes, & Whittington, 2008). These assessments inform strategic planning and ensure that organizations adapt proactively to environmental changes.
Convincing upper management about the importance of internal and external assessments requires demonstrating their role in risk mitigation, opportunity recognition, and sustained competitive advantage. By presenting case studies where organizations successfully leveraged assessments to anticipate market shifts, improve operational efficiencies, or innovate products, managers can illustrate the tangible benefits. Moreover, aligning assessments with organizational goals emphasizes their strategic relevance rather than viewing them as routine activities (Kotler & Keller, 2016).
The relationships between assessments and the four management functions are interconnected and synergistic. For instance, insights from external assessments inform planning activities; internal assessments guide resource allocation in organizing; ongoing evaluations support controlling functions; and leadership initiatives rely on comprehensive assessments to motivate and direct teams (Miner, 2001). Recognizing this interconnectedness helps managers at all levels develop cohesive strategies and operational plans.
Several key factors influence the four functions of management, including organizational structure, leadership style, organizational culture, and technological capabilities. Despite their differences, the four functions share the common goal of achieving organizational effectiveness and goal attainment (Daft, 2015). Managers at various levels apply these functions differently; senior executives focus more on strategic planning and control, while middle and lower managers emphasize organizing and leading teams operationally.
Ultimately, effective application of the four functions enhances organizational success by fostering adaptability, operational efficiency, and innovation. When integrated properly, these functions create a feedback loop that continuously aligns organizational resources and activities with strategic objectives, ensuring long-term sustainability and competitive advantage (Hitt, Ireland, & Hoskisson, 2017).
References
- Daft, R. L. (2015). Management. Cengage Learning.
- Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2017). Strategic Management: Concepts and Cases: Competitiveness and Globalization. Cengage Learning.
- Johnson, G., Scholes, K., & Whittington, R. (2008). Exploring Corporate Strategy: Text and Cases. Pearson Education.
- Kotler, P., & Keller, K. L. (2016). Marketing Management (15th ed.). Pearson.
- Miner, J. B. (2001). Organizational Behavior. Routledge.