.

Wednesday, March 13, 2019

External/Internal Factors Paper Essay

The Frito-Lay is a worldwide recognized government that began from the union of two companies in 1961. Within this musical arrangement, management has had to deal with internal and extraneous f telephone numberors that regard the four fundamental functions of management mean, organizing, leading and lordly. Globalization, technology, innovation, diversity and ethics subscribe to excessively had their impact on the four functions of management in the Frito-Lay administration. Managers for the Frito-Lay organization shed found ways to determination delegation to manage the contrasting factors and functions and perform in an effective and efficient way. The planning function of an organization is burning(prenominal) beca utilise it involves determining the goals for the success of the fraternity. An internal factor that whitethorn presume the planning function of management at the Frito Lay organization is anxiety to competitors. When Frito-Lay plans to incorporate ref reshed ideas and demands, they look to the competitors for insight of how to approach these new ideas in a positive and well-thought out shape.According to Leyla Norman, a hurried trip up into a new market commode cost the association cash in the long run and non make full use of buss planning abilities (Norman, 2004). This means that if the Frito-Lay organization does not take the planning go into full advantage when rushing to compete with other(a) companies, they could end up losing instead of gaining profits and customer preference. An immaterial factor that could relate the planning function of management is the thrift. While determining the goals of the organization, the economic system plays large role. When the economy is not at a high point, planning inside the Frito-Lay comp whatsoever may be s happed, adjusted or taken in a new direction (Norman, 2004). As the economy recovers planning may be resumed as unavoidable. The organizing function of management in volves assembling and coordinating the human, financial, physical, informational and other choices needed to achieve goals (Bateman & Snell, 2011). An internal factor that could scratch the Frito-Lay company is a financial necessity.If funds are notavailable to pursue and achieve the plans of the organization, accordingly it could discover the realization of the goals for the company. An external factor that could affect the organizing function indoors the Frito-Lay company may be any new technological advance. If the Frito-Lay company is not up-to-date with their technological capabilities, this could affect the implementation of the goals mapped out in the planning function. The leading function is described by Bateman and Snell as stimulating people to be high performers (Bateman & Snell, 2011). A factor that could intern whollyy affect Frito-Lay management in the leading function could be lack of employee act. If employees do not spend a penny the motivation to achieve the goals of the organization, the whole company could suffer. An external factor that could potentially affect the organization and management of Frito-Lay is honourable issues.When on that point are ethical issues outside of an organization, it could affect the company in a negative way. This could be a major reason that Frito-Lay creates opportunities and depends on the minority and women-owned entrepreneurs (M/WBEs) (Frito-Lay, 2014). In the controlling function of management, performance is closely monitored and converts are apply as necessary. When employees deviate from the complete performance standards, an internal factor that could affect the management function is a conflict of interest. When there are conflicts of interests, such(prenominal) as family relationships, it could internally affect the performance monitoring. An external factor that could affect the controlling factor in the Frito-Lay company could be labor laws. Although Frito-Lay has standards of perf ormance and expectations, they must still comply with labor laws as they are established for the safety and security of employees.There are umpteen internal and external factors that impact the leading function of management. One internal factor that impacts it is employee morale. esprit de corps is defined as the end result of many factors present in the courseplace milieu. (Javitch, 2005). Morale mountain make or break any business organization. If your employees have poor morale, it impart affect customer service and customer satisfaction which is the key component to businesses. Competition is an external factor that can impact the leading function of management. If there is an outside company that is doing part than yours, it can discourage employees and supervisors as well. This can lead to poor attitudes and morale in the workplace which then turns intointernal issues for that company.An internal factor that impacts the controlling function of management is technology . Having up to date technology can jock improve things ranging from order accuracy to financial management which are two essential things for Frito-Lay as they are a very large bow window with consumers around the world. The economy is an external factor that impacts the controlling function of management. The economy affects their profit skill and controversy as well. The economys condition could potentially impact their sales and profitability. Globalization is an elimination of barriers to trade, communication, and cultural exchange. The Theory back tooth globoseization is that the worldwide openness will promote the inherent wealthiness of all nations. (Jones, 2014). Globalization impacts all four functions of management. Globalization opens the doors for more(prenominal)(prenominal) business opportunities around the world and increases management globally.It allows mathematical production to increase and allows employees to transfer to other positions within the compa ny to other locations around the world. Globalization too increases competition due to the increase in an increase in customer base. bigger customer bases increase the profitability of businesses. Not having globalization previously would change magnitude the values of products due to their limit of customers. It increases a companys ability to compete worldwide instead of limiting it to its country of origin which also increases profitability. The four functions of management that are impacted in the technological horse sense would be planning, leading and controlling Utilizing the function of management subroutine within the Frito-Lays organization has made it one of the most popular and long standing companies in the snack food industry. How they plan, organize, lead and control is of the essence(p) to the continued success of the organization. Because of the large scale volumes they have to produce and leave efficiently and continuously to all their customers they have to utilize the planning process in order to stay in the competitive market they are in.They also have to look for new and better ways to process their product. Frito-Lay is in a competitive industry and they always need to whop what technology is available to them that when used it saves cost and increases productiveness. When implementing new technology you have to ensure that those leading and controlling theemployees have knowledge of the new technology. Frito-Lay also has to ensure that those operating or involved with the new equipment are expert well and capable of continuing to do the job they were previously doing, alone better. When they implemented new packing equipment in their Kern County facility, they ensured that everyone was trained. Because the equipment was to eliminate jobs the managers communicated with the employees and advised them they would avoid lay-offs. (Mohsen & Grijalva, 2001).With the management functions used and a good management team up in place th ey were able to implement the new equipment and improve productivity by 30% on the short letter. (Mohsen & Grijalva, 2001). Innovation is defined by Merriam-Webster as, The act or process of introducing new ideas, devices and methods. (Innovative, 2014) With innovation comes change. Since innovation has an impact on the leading and controlling portion of the functions of management, management has to have an open line of communication in order to hear new ideas that their employees may have. The more involved Frito-Lay allows their employees to be, the more opportunity they have to receive and enact their modern ideas. It is important that an organization utilizes the knowledge and experience of their resources by encouraging them to change methods that may work better than what has been done in the past. Frito-Lay is a divers(prenominal) organization with their workforce as well as the products they offer their customers. variety also impacts the leading and controlling functio ns of management.Communication and networking are important aspects of a diverse organization also, because they allow people to interact with others that they may not normally interact with. Diversity has allowed Frito-Lay to be successful in the global pursuit of introducing their products as well. When transitioning into another country they utilize someone that is beaten(prenominal) with the market and culture to ensure a smoother transition into that situation market. As far as the diversity of their products they are currently conducting a contest to find new flavors for their chips in an effort to diversify their product even further. With all the misconduct that occurs in the business world, ethics is an important factor that can impact all the functions of management. In all aspects an organization has to avoid unethical behavior within the business they conduct, how the deal and spoken language their employees and customers.Because of the products that are available thr ough Frito-Lay management has to concernthemselves with the employees behaving in an ethical manner as well. To ensure that the employees know and understand the ethical implications that can occur, they are required to attend an ethics course and sign a certification that they have done so on a each year basis. Frito-Lay has to take all precautions in avoiding unethical behavior throughout their organization. The top managers over at Frito Lay over see many separate of their overall organization. They continuously have to adapt to different factors that may arise, go by in efficiency, excel in effectiveness, and monitor daily operations. It would be around impossible for one person to do all of these functions, while planning strategies for existing goals and new ones. In order for a manager to execute all of these objectives they must delegate their work to their subordinates. Using delegation has many advantages that help the manager and their subordinates. For top managers, they are able to take on more of the strategic planning of the company than the useable managing.The sixteen decision maker managers of Frito Lay that oversee different percentages of the company cannot possibly specialize in each part of the department (Frito Lay 2014) They must delegate the work out to middle managers and line managers in order to complete operational tasks and planning. These levels of management have a more intimate knowledge of their division or department (Bateman 2011). A manager in marketing may have a clearer understanding of globalization and how to reach an international market. Managers in human resources or compliance will have a more precise view of ethical dilemmas could arise. Although f number management might be delegating out their work, they still have a final introduce on what choice to make. This makes the final responsibility land on the upper management.Managers must be adaptive to all the different factors that come up in business. The world market is a continuously changing and increase environment. In order for a business to survive in this environment the managers that are employed must recognize the issues that could arise and know how to adapt to them. External issues could range from global economic changes to environmental changes that limit resources. more or less internal issues that should be bringed could involve the growth of the company. Recognizing the company has out adult its current structure will allow managers to implement a new structure that will fit the growing companybetter.Management will always need to know how to adapt to these changes as well consider them in their overall planning, organizing, leading, and controlling. Changing environments can shift how a manager views their own organization and how it is standing up against its competition. Sometimes, though, management needs to use their most crucial resource as efficiently as possible. This resource would be time, and a manager needs to use this resource as wisely as possible. In order to free up managers they have to delegate their work amongst their subordinates. Delegating their work frees them up to make all of the important planning that will guide the organization to their next achievement.

No comments:

Post a Comment