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Management appreciation Essay Example | Topics and Well Written Essays - 1250 words
Management appreciation - Essay ExampleIs a prevision tool that is apply to comprehend the Strengths of a particular judicature its Weaknesses, Opportunities, and involved Threats (BHC 1999). It includes identifying the objective of that particular disdain or organization and specifying the internal and external aspects that atomic number 18 supportive or unfavorable towards achieving that objective. SWOT is in like manner used during the process of strategic planning. Strengths, Weaknesses, Opportunities, Threats make up the acronym SWOT (Austrainer 1999).The SWOT Matrix Model at first sight this might look like a simple and easy model to apply, and to do an effective and meaningful SWOT analysis, one requires time and a significant input and requires teamwork since it cannot be done by just one person effectively (PMI- Plus, Minus, Interesting 1999).The decisions of managers of any business are affected by various macro environmental factors. PESTEL analysis describes suitab le framework of these factors to be used in the environmental scanning section of strategic management (Havergal & Edmonstone 1999). PESTEL is an acronym for political, economic, social, technological, and legal analysis. These factors can be categorize into Political factors, economic factors, Social factors, technological factors, environmental factors and legal factorsAn executive assistant is the epicenter of a number of managerial duties that fall under the senior management executives. His/her duties include managing a wide range of a function of administrative tasks such as scheduling, prioritizing of tasks, representative of the executive, executes the executives instructions among others (Parkinson 1993).SWOT and PESTEL techniques help the executive assistant to come up with useful procedure for evaluating the environmental forces on the team or an organization (Boone & Kurtz 1992). It also helps in researching information for future predictions revolving