Environmental Pressures - 1467 Words

Environmental Pressures Page 2 Growth Pressures All companies have moments of growth and decline. As companies age, change in the form of growth is brought about (Palmer, 2009, p.65). Companies look for the increases in revenue and ways to create more revenue. When money is being made growth happens, new jobs are created, expansions begin and technology is heightened. Last week Time Warner Cable announced that there will be a new CEO, as the current CEO, Glenn Britt will be retiring. The new CEO, Rob Marcus talked about the growth pressures concerning Time Warner Cable. Mr. Marcus emphasized the growth potential of selling data services to businesses, which is the fastest-growing sector of the cable industry. He also said Time†¦show more content†¦Flexibility Flexibility can be a reason for changes in the competitive environment in an appropriate and timely way. Flexibility comes from managerial capabilities (management challenge) and the responsiveness of the organization (organization design challenge).Flexibility requires a constructive discord between change and preservation. Strategic flexibility is an increasingly sought-after competitive element in today’s fast-paced and changing world. (Englehardt, 2002) Reputation and Credibility Pressures Time Warner Cable has pride in their reputation. A company’s reputation can be damaged at the drop of a dime. All it takes is an unsatisfied customer to speak negatively about a company or bring up a potential law suit against a company. Time Warner Cable has a team legal team staffed in house at Corporate however, all attempts are made on the lower levels to diffuse the situation before it gets that far. It a company’s reputation is ruined, there is serious backlash from it, the company loses customers, hence revenue, potential job loss can occur and worst of all the company doors can close. Reputation can be in formation of customer loyalty (Nguyen, 2001). Credibility is major, if consumer cannot count on a company to do what it is Environmental Pressures Page 5 they say they are going to do, consumers will go else and not mind paying a higher rate to get what they want. Customers want to know that the companies /Show MoreRelatedHRM 560 WRITING ASSIGNMENT 2 Environmental Pressures v2a Essay1151 Words   |  5 Pagesï » ¿ Assignment 2: Environmental Pressures Sandra T. Sims, Student Summer Quarter 2014 HRM 560 – Managing Organizational Change Instructor: Dr. Mary Hair Collins 1. Create a table where at least three (3) organizational pressures and at least three (3) environmental pressures in the organization are illustrated and rank those pressures according to their influence. Corporate organizational pressures describe change both negatively and positively for the company and its employees. These evaluationsRead MoreIntel Case Study Of Intel1280 Words   |  6 PagesIntel, as noted by Palmer, Dunford, Akin, C. R. Barrett, Chief Executive Officer (CEO) of Intel was half-way through a six-year tenure. As CEO, Barrett implemented a number of changes to the organization and experienced many unforeseen environmental pressures. Barrett wanted to make a lasting impact upon the organization, as his/her processors had done, and worked hard to keep the company competitive and profitable during a time when technology companies were significantly struggling or outrightRead MoreScuba Diving And Physics Of The Underwater World1311 Words   |  6 Pageswas located on the back of the diver. This reservoir provided only one cycle of breathing on demand. This on-demand valve regulator was necessary because technology at the time was unable to create tanks with the st rength to contain air at high pressure. (2) A significant breakthrough was not seen until 1943. 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