In Strategic Management, very important for organisation to find out what is their opportunities and threats of environment factors towards the organisation. This is in order to well-justify every plans and decision making to achieve their goals and objectives.
EXAMPLE
Opportunities and
Threats of Environment Factors to Construction Firm in Malaysia
|
Factors
|
Opportunities
to
Nisasharmeen Sdn.Bhd.
|
Threats
to
Nisasharmeen Sdn.Bhd.
|
|
Economic
|
·
Government as a major client.
·
Government as a policy maker.
·
Sources of finance from financial institution in
Malaysia.
·
Organisation has strong capital and experience
more than 30 years in construction industry.
|
·
Material price fluctuations
·
Low skill workers
·
High market competitions for the projects.
|
|
Social
|
·
Good reputation among clients
·
Attitudes towards social responsibility.
·
Desire of modern living lifestyles
·
High level of education
|
·
Possible negative publicity
·
Environmental issues such as Water and air
pollution.
·
Cultural differences
·
Natural phenomenon such as floods and landslides.
|
|
Political
|
· Government policies in construction development
·
Government support and incentives
·
Political stability
|
Objections from community on development.
·
Objections from local lobby group.
|
|
Technological
|
·
New technology and Hi-tech
Equipment in
construction industry.
·
Hi-tech equipments of Information Technology
·
Eco-friendly to environment.
|
·
Safety in construction site or workplace.
·
Emergence of new technologies.
·
High cost material due to high cost of technology
used.
|
GOOD LUCK FOR YOUR ASSIGNMENT!
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