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You may wonder just how you go about analyzing the total external environment that would affect your buisiness.

PESTEL or PEST is an organizing framework that allows decision makers to understand and make connections with a mass of information and examines six key macro-environmental factors in order to understand their interactions with the organization.

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Management Within a Global Organization (3)

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Management Within a Global Organization (3)

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A global organization is any organization that competes outside its native country. When companies decide to expand internationally, they have to be aware of cultural differences. There have been many examples of advertising that included images or phrases that were culturally offensive.Managers must also consider different communication practices. In some countries, direct feedback is considered impolite, and managers must be able to read subtle body language to determine if the receiver has understood and accepted the message.

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Since I am very big on saving the planet I will be able to make more of a difference now knowing what CSR is, where to look and how it directly impacts the overall environment which will help me future when making purchases or using services like google and investing in companies.

Ben and Jerrys is one of my favorite ice cream brands and knowing they donate $0.05 per 1lb sold is more of an incentive to make more purchases.

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Grassroots action, in action

Our history

In 1985 Ben & Jerry's Homemade Inc. undertook a public stock offering to support its ongoing growth. The Ben & Jerry's Foundation was created at the same time, with an initial gift from Ben of 50,000 shares and an unprecedented decision by the company's Board of Directors to commit 7.5% of the company's annual pretax profits to philanthropy.

In the early '90s, the Foundation and company staff began to think about the Foundation's strategies and effectiveness. We realized the best way to embody the company's progressive values and the Foundation's commitment to the power of the grassroots was to empower employees to participate in grantmaking. Through the creation of Community Action Teams at each site and the Employee Grantmaking Committees, the Foundation redesigned the grantmaking processes to place decision-making in employees' hands

In 2000, Ben & Jerry's Homemade was acquired by Unilever, a global company with over 400 brands. Unilever continues to generously support the Foundation through an annual allocation that takes into account Ben & Jerry's ice cream sales and inflation.

The Foundation remains true to its founding values as we continue to strive to be responsive to our grant partners and nurture the spirit of philanthropy in Ben & Jerry's employees.

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WHAT WE DO The Ben & Jerry's Foundation was created to fund organizations here in Vermont and around the country that are working for progressive social change. We do this by: ENGAGING EMPLOYEES As a foundation that advances grassroots leadership, we strive to model that approach in our own operations.

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Google has committed over $1 billion to renewable energy projects and enable other businesses to reduce their environmental impact through services like Gmail

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Ethics and Corporate Social Responsibility (2)

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Ethics and Corporate Social Responsibility (2)

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ARTIFACT^

Corporate social responsibility (CSR), is a business concept in which social and environmental concerns are integrated into a company’s operations.

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Ethics and Corporate Social Responsibility (2)

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Ethics and Corporate Social Responsibility (2)

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Business ethics is ethics as it relates to the conduct or behavior of the members of a business organization.

In order for a business to have ethics there needs to be ethical training and compliance guidelines (code of ethics) everyone needs to follow, as well as protecting an whistle blower and creating a culture that represents the code of ethics

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This Artifact gives you a visual of a balanced scorecard and its variants

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Controlling Performance and Operations (8)

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Controlling Performance and Operations (8)

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A balanced scorecard is a semi-standardized strategic management tool used to track, monitor, update, and improve key performance indicators (KPI) within an organization.
The visual scorecard is a graphic analogy of the balanced scorecard framework and a key visual link between performance and strategy.

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Employee Evaluations is something that resonated with me because I like to have bi weekly to month check ins with my manager to make sure I'm exercising every opportunity possible. My manager is patient enough to have agreed to my biweekly-monthly meetings which overall makes feel good about my progress even if the progress is slow. This short term evaluation leads to a highly productive report when it is time for my yearly evaluation.

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Controlling Performance and Operations (8)

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Controlling Performance and Operations (8)

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Managers must consistently update performance reports to monitor progress and measure operational success.

Employee performance evaluations should be done on a quarterly, semi-annual, or annual basis. This ensures that everyone in the organization understands when the next evaluation will take place, gives the company regular measures of performance, and provides opportunities to take corrective action in a timely manner

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This gives a real life scenario of Maslow's Hierarchy of needs demonstrating why motivation is important.

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Maslow's Hierarchy of Needs Explained | McDonald's Example | Motivation Theory

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Motivation is a key factor impacting performance, so it’s an important concept for leaders to grasp. Employee motivation is of great concern to any organization and it is one of the most frequently researched topics in management.

Several motivational theories state that employee performance and satisfaction is based on how well the company meets the needs of the employee. There are four major theories in the needs-based category:

1. Abraham Maslow’s Hierarchy of Needs

2. Frederick Herzberg’s Two‑Factor theory

3. Clayton Alderfer’s Existence‑Relatedness‑Growth (ERG) theory

4. David McClelland’s Acquired Needs theory

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This article list of the some of the best leaders in business around the world and how they make a difference by doing so.

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Just like empires, companies can come and go with the times. However, there are some that last for ages, and great leadership is the secret. Great leaders have the ability to motivate employees, help others see and believe in a vision, and lead innovation in the company. Having a great leader at the helm is something that all investors, consumers, and employees want. Here is a list of the 20 most influential business leaders that are changing the world.

What Is an Industry Leader?

An industry leader is a reputable business professional with high levels of expertise in a specific field or area. Industry leaders are innovative, driven, strategic, and able to adapt to changing trends in their field. When technological developments arise or demand changes, they know how to respond appropriately and can offer valuable solutions.

On an organizational level, business leaders in an industry understand how to meet company and consumer needs. They research consumers and competitors while providing strategic solutions that address buyer and organizational demands.

To accomplish this, industry leaders must know their employers well, understand how competitors operate, and offer valuable solutions to improve business products and services. Their goal is to help transform a company for the better.

Industry leaders pave the way for company success with new ideas and unique approaches. Leaders can wear many hats, but they most frequently fill one of these roles:

What Are the Qualities of a Business Leader?

Here are some of the most common qualities leaders in an industry demonstrate.

Informative and Innovative

Industry leaders remain at the top of their profession. They constantly research trends, examine the latest developments in their area, and devote time to devising solutions that benefit their organization.

Goal-Oriented

Professional leaders across all industries thoroughly understand company objectives (both small and large). They have a detailed vision of what it takes to achieve attainable goals, helping to set the company up for long-term success.

Solid Communication Skills

Industry professionals know how to communicate effectively with board members, employees, and stakeholders to address opportunities and organizational challenges. Successful leaders don't settle for subtle or abrupt communication. Instead, they lay out their goals and solutions clearly. They also engage in active listening to gain valuable feedback.

Risk-Takers

Every industry needs leaders willing to step into the unknown and embrace risk. Industry leaders understand that company success depends on striving toward goals both easy to attain and longer term.

These daring leaders are not afraid to voice their opinions and put their ideas into action, even in the face of potential failure. These qualities set famous business leaders apart.

15 Business Leaders Who Changed the World

1) Reshma Saujani

Saujani is the founder of Girls Who Code, which promotes technology training (specifically coding) to girls. She is an American lawyer and politician. Her company, Girls Who Code, has camps set up in 42 states with over 10,000 girls attending. She has been a leader in empowering women in the workplace.

2) Tim Cook

Cook is the CEO of the most valuable company in the world, Apple. He took over Apple after the company's founder, Steve Jobs, succumbed to cancer in 2011. Cook has helped navigate Apple through the transition after Jobs' death as well as developing new product lines and opening Apple retail stores in China.

3) Sheryl Sandberg

Sandberg has served as the Chief Operating Officer of Facebook from 2008 to 2022. She founded a nonprofit, Lean In, named after her best-selling book. She has been an influential advocate for women in the business world. She has made the successful transition from government work at the Treasury Department to the tech industry at Google and Facebook.

4) Bob Iger

Iger is the Executive Chairman and former CEO of the Disney Corporation. He has led the acquisitions of major companies like Marvel, Pixar, and, most recently, Lucas Films. His leadership has also led to the expansion of Disney's theme parks into Shanghai and Hong Kong.

5) Reed Hastings

Hastings is the co-founder and CEO of Netflix. What originally started as a no-late-fees, no-due-dates subscription service soon transitioned into online streaming, which shook the very foundation of digital entertainment. In addition, Hastings constantly uses his position of influence to promote change and reform in the California State Board of Education and through charter schools.

6) Mary Barra

Barra is the chairman and CEO of General Motors Company. Prior to her in 2014, she served as the Executive Vice President of Global Product Development, Purchasing and Supply Chain at GM. She is currently contesting for space in the electric automobile market. In 2016, she launched the Chevrolet Bolt EV with a battery that outlasts Tesla's. As of late 2017, Barra was elected to the board of Disney with high regards from Robert Iger.

7) Huateng "Pony" Ma

Also known as Pony Ma, he is the founder and president of Tencent, Inc. Tencent is one of the largest internet companies in China. He has been named to Time's most-influential-people list twice (2007 and 2014). Ma is known for his secretive lifestyle but wields substantial power both domestically and with foreign companies.

8) Jack Ma

Ma was the first entrepreneur from mainland China to appear on the cover of Forbes magazine. He is also the founder of Alibaba Group, a group of internet companies. Before getting accepted to Hangzhou Teacher's Institute, Ma was rejected from university three times. After graduation, he applied for 30 jobs and was turned down for all of them. He first learned about the internet during a short trip to the U.S., and when he returned home, he created a small website about China and Chinese products. This would be his first step towards creating a company that would hold the record for largest IPO in history.

9) Jan Koum

Koum was born in Kyiv, Ukraine but moved to the United States when he was 16 years old. He soon discovered his passion for programming and enrolled at San José State University. After a brief stint at SJSU and working as a security tester at Yahoo, Koum started WhatsApp. WhatsApp quickly became one of the fastest downloaded apps in the App Store, and one of the most internationally used apps. Koum sold WhatsApp to Facebook in 2014 for approximately $19.3 billion.

10) Bill Gates

Gates founded Microsoft, the world's largest PC software company, and each year, he is consistently near the top of the list of the world's wealthiest people. Over the years, Gates has slowly transitioned away from Microsoft and into philanthropic ventures. His foundation, the Bill and Melinda Gates Foundation, is working to provide clean water and sanitation (among other things) to third-world countries. Like Warren Buffett, Gates has also promised to leave the vast majority of his wealth to charity.

11) Elon Musk

Musk was born in South Africa and is a businessman, inventor, and investor. Musk is most widely known for his founding of PayPal and SpaceX and his heavy involvement in Tesla Motors. His innovative vision and unrelenting passion for pushing the boundaries of technology and consumer integration have led to increased exposure to solar power, high-speed transportation, and artificial intelligence.

12) Warren Buffett

Buffett is one of the most successful investors in the world. Some people have referred to him as the "Wizard of Omaha" (his birthplace is Omaha, Nebraska) and he is consistently named as one of the wealthiest people in the world. He is currently the CEO of Berkshire Hathaway. He has also pledged to give away nearly 99% of his accumulated wealth to philanthropic causes after his death.

13) Jeff Weiner

Weiner is the CEO of LinkedIn. Although LinkedIn was founded in 2002, it was under Weiner's leadership that LinkedIn completed its IPO and became one of the most-used social media platforms in the world. Weiner is also extremely active in non-profits, sitting on the Board of Directors of DonorsChoose.org and Malaria No More.

14) Jeff Bezos

Jeff Bezos is the founder of the mega-corporation Amazon. What started as an online bookstore is now the world's largest online sales company. For 4 years from 2017-2021, Bezos was the wealthiest person in the world. As of 2021, he has stepped down as CEO of Amazon and moved to an executive chairman position.

15) John Zimmer

John Zimmer is the co-founder and president of Lyft, which started in 2012. The company was originally called Zimride, and started as a rideshare service on college campuses. Since the launch, Zimmer and his co-founder, Logan Green, have worked to make Lyft one of the fastest-growing tech companies.

16. Ursula Burns

Famous business leader Ursula Burns started at the Xerox Corporation as a summer intern in 1980 and became president of the company in 2007. From 2010 to 2017, she was the chairman of the board for Xerox and CEO from 2009 to 2016. She turned the company into one of the world's most diversified business services companies during her tenure.

17. Arianna Huffington

In 2005, Arianna Huffington founded The Huffington Post. In 2016, she founded and became CEO of Thrive Global, a behavioral technology company. Its goal is to revolutionize the way people work and live. The company discussed the idea of burnout (and all but coined the term as a professional buzzword) before it became widely used.

18. Indra Nooyi

Nooyi was the Chairman and CEO of PepsiCo from 2006 to 2019. She was the creator of Performance with Purpose, PepsiCo's declaration to create successful businesses by paying attention to the world's needs. Initiatives from this pledge included adding more nutritious products to their portfolio, becoming more environmentally sustainable, and revolutionizing the business by highlighting the importance of design. With Nooyi as CEO, PepsiCo's net revenue increased by more than 80%, and shareholder return was 162%.

19. Meg Whitman

Whitman was CEO of eBay from 1998 to 2008, taking the company from $5.7 million to $8 billion in sales. She then became CEO of Hewlett-Packard from 2011 to 2015, overseeing its division into Hewlett Packard Enterprise and HP Inc. She's currently the United States ambassador to Kenya.

20. Rosalind Brewer

In 2006, Brewer had various leadership positions at Walmart before moving to Sam's Club in 2012. Her tenure at Sam's Club ended in 2017 when she moved to become the CEO and Group President of Starbucks. In 2021, she became CEO of Walgreens, making her a particularly famous business leader as she is the only Black woman CEO for an S&P 500 company.

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20 Famous Business Leaders Who Changed The World | CMOE

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What can we learn from some of the top business leaders of all time? Discover how these famous business leaders changed the world and more in this article.

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Leaders take the long-term view and have responsibility for where a team or organization is heading and what it achieves. They challenge the status quo, make change happen, and work to develop the capabilities of people to contribute to achieving their shared goals.

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I find this photograph interesting because it is a marketing strategy towards contingent and part time workers.

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A contingent worker does not earn a salary from the employer. Instead, they receive payment per hour worked or commissions for the work they complete. Part time employees who supplement the company's full-time staff get an hourly pay rate and receive payment on a set schedule.

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I found this article interesting because it gave a perspective of the issues HR was facing in1981 and you're able to compare and see where we are now and how we conduct in business.

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In the Dallas airport the other day I saw many tall, well-dressed, and impressive-looking men wearing large, immaculate Stetson cowboy hats. As I walked by one such hat-wearer, I noticed two middle-aged, sunburned men in faded blue jeans standing nearby. They eyed the same fellow, looked him up and down, and then one said quietly to the other, "Big hat, no cattle."

A version of this article appeared in the September 1981 issue of Harvard Business Review.

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In the Dallas airport the other day I saw many tall, well-dressed, and impressive-looking men wearing large, immaculate Stetson cowboy hats. As I walked by one such hat-wearer, I noticed two middle-aged, sunburned men in faded blue jeans standing nearby. They eyed the same fellow, looked him up and down, and then one said quietly [...]

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Managing employee conflicts and legal issues is only part of HR’s function. Human resources management can also play an important role in strategic planning and company growth.
HR managers are also concerned with diversity in the workplace. In a global economy, employing a diverse workforce and celebrating multiculturalism can create or strengthen an organization’s competitive advantage.

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This video gives great imagery on design organization and does well connecting each aspect.

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Here's an example of a decision tree. This decision tree on where to vacation is a perfect example how you can make big decisions in your every day life.

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I found this video extremely insightful on SWOT and PESTEL analysis and liked the analogies of internal and external factors.

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Although Henry Fayol's five functions of management are to manage company's I believe these key factors are always great to have when managing your own life and it is a great way to try to keep yourself on tract. I find myself using the key functions at work when managing my work day.

Planning: checking for online scheduled appointments, and scheduling a lunch when fitting
Organizing: making sure all clients info and documents is readily available, and confirming appointments
Leading: Communicating with my collogues about my schedule
Controlling: setting the standard by being professional courteous and following my company's 5 keys.

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Organizational Structure and Processes (5)

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Organizational Structure and Processes (5)

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Edgar Schein, a prominent organizational psychologist, identified four key elements of an organization’s structure: common purpose, coordinated effort, division of labor, and hierarchy of authority.

There are many organizational structures for a company determining causes for an organizational design. The environmental forces to consider are external and internal. After determining which structure to use you can then use Larry Greiner’s model of growth to determine to evaluate the business life cycle.

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Making the right decision is hard. When making decisions, you will face many barriers, including the quality of information you have, the amount of time allowed, and several cognitive biases that will influence your decisions

There are different methods to decision making like The Rational Decision-Making Process, and a Decision Tree. I like the decision tree for its simplicity as well as its variances. Not only are you able to make decisions and determine possibilities you can also factor in cost.

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In this section of of module 3 I really gained some insight in what it takes to establish a well rounded foundation for a global organization. To me this information is valuable when having the desire to turn a a corporation into a global organization. Although I don't have any current plans to start a business soon I do intend to have my own real estate investment firm in the future and now know some of the key factors of what it takes to turn my business into a global organization.

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In module two we discussed ethics, CSR, and culture. Upon reading I learned more about ethics and how whistleblowers are to be protected under the Sarbanes-Oxley Act. Learning about the Sarbanes-Oxley Act set a new tone of relief as I work for a fortune 500 company who has an whistle line blower but I wasn't to sure of how protected it is until the reading.

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Management as people are the people with the responsibility and authority to determine the overall direction of an organization & are often referred to as the management of the organization.

Management as a process is the decision making and planning that is required before actions are taken. Defining the goals of the organization, planning the actions to meet the goals, and organizing the resources needed to carry out the actions are all vital functions of management.

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Henry Fayol (1949) identifies five functions of management: "To manage is to forecast and plan, to organize, to command, to coordinate, and to control. To foresee and provide means examining the future and drawing up the plan of action. To organize means building up the dual structure, material and human, of the undertaking. To command means maintaining activity among the personnel. To coordinate means binding together, unifying, and harmonizing all activity and effort. To control means seeing that everything occurs in conformity with established rule and expressed command.”

Today, the key functions of management are considered to be: Planning, Organizing, Leading, and Controlling.