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The importance of pestle analysis
Racism today in american workplaces
Us pestle analysis
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Introduction
According to BPMgeek and professional academy the PESTLE analysis is a macro environmental structure/tool that organizes and implements strategic planning for external factors affecting the business By assessing these factors businesses are able to adapt to different conditions set by the society they live in. The analysis basically looks at 8 aspects that form core foundations of the business and since these are factors out of business control, strategies need to be implemented in order to ensure the smooth running of the business – Professional academy
The articles we have chosen show how society and business are inter-related and as society’s needs change the business also has to transform the way it operates to that of the
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Every business is meant to create a free and equal environment for its employees, this means that ethics must always be practiced and corporate governance should be implemented as policy states that the work environment should be one free from racial segregation, discrimination and prejudice. This issue became prominent when Cyril Ramaphosa spoke about how black people were treated unfairly in restaurants and reservations (business environments). This is a market environmental issue as the consumer feel victimized in the racial realm.
Discriminatory and racial practices affect your company's reputation within the community it serves. Discrimination and racism in this case affects customers directly- company provides a particular service to a certain group of people relative to their demographic criteria, such as race. Businesses shouldn’t underestimate the effect of unhappy employees on your reputation and recruitment success. Discontented consumers complain to their family and friends -- who may take their business elsewhere and this word of mouth effect might result in serious legal action against the
The major issues facing the company comprises of there being multiple businesses with different demands. There are separate levels of performance and success as well as growth chances for each of the sector and the firm needs to tackle with issues in each of these divisions (Dube, J.P., 2004).
In my opinion, it is important for private and public organizations to adopt and implement programs and laws to overcome the challenges in a diverse work environment. One of the laws that organizations follow are Equal Employment Opportunity Act of 1972. Equal Employment Act of 1972 prohibits discrimination of employment on the basis of race, color, nation, origin, sex, religion, age, disability, political , beliefs , and marital status. Another law that
Institutions in the businesses sector are swarming in racial discrimination, much of which is covert and difficult to detect and prove. Racial discrimination excludes, marginalizes and exploits those citizens who are discriminated against, ceasing any opportunity for economic progress and development. Under certain regulations some businesses are required to diversify their workplace by hiring certain amounts of people of color, but in reality these small quotas do not do much for the overall condition of the people who are being discriminated against. Businesses that fail to take action on racial discrimination tend to have lower levels of productivity. This stems from employees not being interested in working hard, or because people with exceptional talents and skills choose to shy away from certain places of employment due to the fear of racial discrimination. Employees who feel wronged also tend to switch jobs, forcing the organization to spend more time and resources on hiring and training new employees, besides coping with the low productivity of a new employee. (Nayab)The effects of racial discrimination in the American work force could be identified with funded research on the topic. With ample data employers will be able to better understand the negative affects that racial discrimination have
Racism is commonly thought of as an act that is synonymous with violence; however, one common form of racism, environmental racism, often takes place without people being aware the events are happening before detrimental activities have been put into action. In Melissa Checker’s book Polluted Promises, she relates that Reverend Dr. Benjamin F. Chavis Jr. coined the term environmental racism while stating that there is “deliberate targeting of communities of color for toxic waste disposal and the siting of polluting industries” (Checker 14). This problem is important to discuss, as many groups of people around the United States continue to be impacted by these events every day. Such people include
Everyone is affected by pollution. Low-income, blacks, minority, and etc. have to live in bad environments due to the factory workers and white people dumping toxic waste into their environments. Environmental Racism is a problem that is affecting people around the world.
Effects of discrimination include all of the following; decreased employee, productivity, disgruntled employees, financial impact on employers, physical effects on employees, and legal trouble for employers. Being treated differently only based on your gender, sexual orientation, race, etc., can certainly lead to angered employees. This type of discrimination forms a sort of glass ceiling, which doesn’t allow certain people to move up in a company based on their gender, sexual orientation, race, etc. When employees quit their jobs to escape the workplace discrimination, employers must spend money to recruit and replace the lost employee. Many studies show that discrimination in the workplace causes stress to the victim. As a result, the victims of discrimination can undergo anti-depressant medications to help fight the stress. An employee can also bring legal action against the company. If a company is found guilty by the U.S. EEOC and believes that discrimination is found in the workplace, both parties will be issued a ‘Letter of Determination’ stating that there is reason to believe that discrimination occurred. Once this happens, both parties are invited to join the agency in seeking a resolution through an informal process called conciliation. Workplace discrimination has many effects on both the victim, and the company it occurs in. If discrimination in the workplace was avoided, both the company and the worker will save time, money, and stress in the
Five-force analysis provides a means of identifying the forces which determine the nature of the competitive environment, especially in terms of:
The deep analysis of the macro-environment is key to the organisations in order to understand which factors are impacting their operations. The main purpose of PESTLE analysis (Political, Economic, Social, Technological, Legal and Environmental) is to identify those factors that have an impact on the organisation but are outside its control area. Together with other frameworks (such as Porter’s ‘5 forces’), PESTLE framework is required to develop a comprehensive analytical strategic process.
Many people fail to realise the importance of our economy, how diverse and interactive it is to our daily lives and the distinct role it plays in our constantly evolving economic climate. My initial interest stemmed from my lack of knowledge about the UK economy; resulting in the research about our recent financial crisis and from there it grew tenfold. I began to observe the situations around me from a different perspective, and with the help of micro and macroeconomic objectives, which are the fundamental foundations; I have been able to pursue this social science in far greater depth and understanding. It is a growing ambition of mine to explore what effect daily transactions and the conduct of millions of people like me has on our future in a domestic and global aspect. Further developing my study of economics will ensure I am able to explore such views to a higher level.
Racism is a topic that several do not like to discuss due many different scenarios. People, cultures, and beliefs have been torture¬d from past events. Individuals, young and old, within today’s society have experienced racism in some shape or form. The subject of racism is something that people view differently. There are some who view it as okay, and those who are against it. The beginning of racism began during the time of the ancient civilizations which lead to events that caused short term effects such as the depression of those hurt by the September 11, 2001 attacks, and long term effects like Jewish mistreatment. The explanation of while different events happened are hard to come about, although an idea of the reasoning comes down to scientific racism.
The objective of this research is to help a company or an entrepreneur understand the business environment better as well as customers’ needs and, therefore, make better business decisions.
Pestle analysis is the tool to analyze the external environment of the business. It takes the different factors according to which the opportunities and threats can be analyzed and the actions plan can be made.
Abstract- Racial discrimination happens all the time and most of us are unaware of it. The most common place for this to happen is in the workplace. Now people can be discriminated against because of their race, religion, or any other numerous things. Also, discrimination can occur during the job interview or even after you got the job. This paper will shoe the effects of racial discrimination and how it can be prevented. In addition there are some very important laws that deal specifically with discrimination, like the NAACP or Affirmative Action. These both will be discussed.
PESTLE analysis, which is sometimes referred as PEST analysis, is a concept in marketing principles. Moreover, this concept is used as a tool by companies to track the environment they’re operating in or are planning to launch a new project.product, or service etc.
Work plays an important role in our daily life, it is considered much more huge part of our personal life. During our daily work we make many relationships throughout our career history. Sometimes these relationships become lasting, and sometimes employment discrimination might happen. This relationships that we thought it last could be cut off by the devastation of claims of discriminatory treatment. Discrimination in the workforce has been an issue since the first people of workers in United States in the present day and as well in the past. Some employees were subjected to a harsh working conditions, verbal abuse, denial of advancement,, and many other injustices. There was also the fact that certain employees were being treated differently than other employees.