explain how several current environmental forces are affecting and will affect organizations and organizational structures effectiveness and efficiency in the near future?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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explain how several current environmental forces are affecting and will affect organizations and organizational structures effectiveness and efficiency in the near future?

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Organizational structure is the design of the framework in which activities are allocated to the members of the organization according to their roles and responsibilities. Organizational structure not only affect effectiveness and efficiency of the organization but also affect the some of the social functions which are running in an organization. 

Some of the environmental forces affecting organizational structure and its efficiency and effectiveness are as below-

Internal environment factors-Internal factors refer to those factors which are within the company. It's impact includes- 

  • Human Resource- Employees are main asset of the company. They completely determine the organization's efficiency and effectiveness based on their performance, attitude, planning, skills and a lot more. 
  • Capital resources- Financial capital is vital to sustain a business. No company can determine it's efficiency and effectiveness without capital resources which they invest in some of the tangible goods. 
  • Innovation- Each company upgrade it's skills according to the specifications of the product. Innovation require innovative ideas from employees, managers, or customers etc. which brings productivity, brand value, cost reduction and a lot more.
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