M RahmanPESTEL analysis of Australia This detailed PESTEL analysis of Australia aims to address some of the political, economic, social, technological, environmental, and legal factors that…
Aims and objectives are two widely used concepts in business literature. They are sometimes used interchangeably and loosely refer to targets or goals. However, these…
Change management is not an easy task. It requires a rigorous plan, and managers need to use a number of techniques and tools as well.…
There are many factors (also called barriers to change) which may resist change initiatives in any organisations. Without a good understanding of those factors, change…
Gaining an MBA (Masters of Business Administration) has numerous benefits. Self-development, self-satisfaction, promotion at work, and social recognition are some of the major benefits of…
Management training is an important area of discussion in HRM. Managers play a number of vital roles in organisations. Managing people, dealing with conflict, communicating…
Employee training and development is a very important function of human resource management. Organisations must train employees on a continuous basis in order to ensure…
Difference between strategic risk and operational risk This article aims to identify the difference between strategic risk and operational risk. Risk management is a very…
Last updated June 2016 Organisations need to carry out a situation analysis before making any strategic decisions. PESTEL is one the tools which many strategic…
Strategies are usually divided into three broad categories, namely corporate strategy, business strategy, and operational strategy. Corporate strategic decisions are taken by the highest level…