Thesis on "External Internal Factors"
Thesis 5 pages (1449 words) Sources: 2 Style: APA
[EXCERPT] . . . .
External/Internal FactorsNike is an organization that is highly successful and highly adaptable. It has endured many years of good and bad times enduring several significant scandals having to do with both internal and external factors. Management within the domestic sphere of the company has utilized the four functions; planning organizing, leading and controlling to answer external market threats such as competition as well as scandals associated with the global production of their merchandise. Internal factors that are associated with the four factors combined with external pressures to keep prices low by seeking out global manufacturing sources have come into conflict in the past few years and Nike has had to apply planning, organization, leadership and control to external contractors through a Code of Conduct that is inclusive of many U.S. national labor standards. This development has taken significant planning, organization, leadership and control to implement and requires near constant compliance auditing enforcement (control) among both domestic mangers and contracted manufacturers.
The code of conduct itself, is a binding agreement between Nike (including all codes it would itself implement in domestic production and some that are specific to overseas markets. Contractors must sign the code, enforce the code and then document its utilization over time to remain manufacturers for the company. The code contains statements regarding forced labor, which is banned, child labor which is applicable to U.S. standards, benefits by legal mandate, payment for hours of work and overtime by Nike set standards that include both local and U.S. laws, environment, safety and health
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NIKE designs, manufactures.and markets products for sports and fitness consumers. At every step in that process, we are driven to do not only what is required by law, but what is expected of a leader. We expect our business partners to do the same. NIKE partners with contractors who share our commitment to best practices and continuous improvement in:
Management practices that respect the rights of all employees, including the right to free association and collective bargaining
Minimizing our impact on the environment
Providing a safe and healthy work place
Promoting the health and well-being of all employees
Contractors must recognize the dignity of each employee, and the right to a work place free of harassment, abuse or corporal punishment. Decisions on hiring, salary, benefits, advancement, termination or retirement must be based solely on the employee's ability to do the job. There shall be no discrimination based on race, creed, gender, marital or maternity status, religious or political beliefs, age or sexual orientation. Wherever NIKE operates around the globe we are guided by this Code of Conduct and we bind our contractors to these principles.
Nike Code of Conduct, 2007 (http://www.nike.com/nikebiz/nikeresponsibility/tools/Nike_Code_of_Conduct.pdf)
The above excerpt from the Code of Conduct sufficiently explains its intentions and also support the four factors of management, planning, organization, leadership, and control.
Globalization and the impact of price competition is significant for Nike as public awareness has grown to such a degree that the only way the situation, in contract companies who produce a great deal of Nike's products can be controlled is through conduct audits performed by Nike comptrollers. Managers plan, organize, control and lead these audits collaboratively with managers in contract plants all over the world.
Technology has developed internally and externally to match pace with production, and concurrently highly skilled managers in contract and domestic plans have had to adapt employee bases to utilize production saving technology without overstepping the principles of the "code of conduct." Plant technology has to be implemented through strategic planning, resource organization and disbursement, offline and online leadership and quality control.
Innovation has always been an aspect of Nike, as it has sought to engender every member of its domestic staff to produce new and innovative product lines for both the sport and non-sport markets. The planning of innovation occurs when managers seek to elicit new ideas from other staff. Organizing the distribution of these ideas can be an immense task. Leadership for the development of those innovations that are deemed effective for the current market is also significant in that it can change with each market lead idea, to be implemented in old or new product lines.
Diversity is an essential element in every global business and leadership, organization, planning and control play… READ MORE
Quoted Instructions for "External Internal Factors" Assignment:
“2. External/Internal Factors Paper
Select an organization with which you are familiar. Prepare a paper addressing the following:
a. Explain how internal and external factors impact the four functions of management (planning, organizing, leading, and controlling).
b. Explain how the following factors impact the four functions of management. Be sure to include specific examples for each.
1) Globalization
2) Technology
3) Innovation
4) Diversity
5) Ethics
c. Explain how managers can use delegation to manage the different factors and functions listed above.
Be sure to cite at least two sources in the paper.
Properly cite your references. If you used an electronic source, include the URL. If you used a printed source please attach a copy of the data to your paper.
Please use an American company
How to Reference "External Internal Factors" Thesis in a Bibliography
“External Internal Factors.” A1-TermPaper.com, 2008, https://www.a1-termpaper.com/topics/essay/external-internal-factors-nike/886088. Accessed 1 Jul 2024.
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