Title: Internal & External Factors That Affect an Organization | Your Business
Headings: Internal & External Factors That Affect an Organization
Internal & External Factors That Affect an Organization
Internal Factor: Leadership
Internal Factor: Employees
Internal Factor: Mission Statement
External Factor: Competitors
External Factor: Customers
External Factor: Economy

Content: Internal Factor: Employees
Strong businesses feature motivated workers that understand management’s expectations and are given the tools, training, support, and encouragement to not only meet those expectations but to exceed them. It’s not enough for leaders to hire qualified employees, because every good company does the same thing. For a company to consistently produce high results, managers must ensure that they are in constant communication with employees and that any problems or dissatisfaction within the rank-and-file is handled in a timely manner. When employees feel valued and rewarded, they will go above and beyond to maintain a high organizational standard. Internal Factor: Mission Statement
Do your employees understand why your company exists? In other words, has management communicated the mission statement of your business, which is the underlying reason that you make specific products and offer specific services? Defining the ‘why’ of a company rather than the ‘what’ of a company is the key to providing your employees with the motivation and buy-in that affects how hard they work, and how much they believe in what they do. For example, the shoe company Zappos developed a mission statement that it was always about pleasing the customer, no matter what it took.