Management and Organizational Studies 3383A/B Chapter Notes - Chapter 3: Nominal Group Technique, Delphi Method, Market Environment

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 3383A/B
• Professor: Jody Merritt

Document Summary

Environmental scanning systematic monitoring of trends affecting the organization: affect the formulation and implantation of both organizational and hr strategies. Sources of information for hr professionals: publications, professional associations i. e. hr professionals association has committee that actively scans the regulatory scene for upcoming changes, conferences and seminars (in canada and usa, professional consultants. Include trend analysis, delphi technique, nominal group technique, impact analysis, scenario planning. Competitive intelligence formal approach to obtain information about competitors: only 23% of companies were able to successfully, si(cid:373)plest (cid:373)ethod is to stud(cid:455) their (cid:449)e(cid:271)sites for i(cid:374)for(cid:373)atio(cid:374), so(cid:373)e hire (cid:272)o(cid:373)petitor"s employees to learn insider information. Isolating the critical from insignificant: scanners have difficulty picking out truly important event due to volume of change. Countertrends seem to develop in tandem with trends as well i. e. globalization and localization / ethnic pride in community. Demographic factors: labour market can by a metro, regional, provincial, national, international level.