Business Environment - Sage PLC

BUSINESS ENVIRONMENT

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK ..............................................................................................................................................1
1. How Sage PLC is governed and structured............................................................................1
2. Analysing external factors on Sage PLC through conducting PESTLE Analysis..................4
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
Business environment is governed by macro factors affecting company's operations.
Present deals with Sage PLC which is engaged in delivering enterprise resource planning
software including payroll, accounting and payment solutions. Report will focus on how Sage
PLC is governed and structured with variety of factors such as overview, history of firm,
organisation structure, stakeholders, shareholders, employees relationship etc. On the other hand,
PESTLE analysis will also be conducted for reviewing company's operations in effective manner
and how they are affecting organisation in attainment of goals. Thus, business environment of
Sage PLC will be analysed in report.
TASK
1. How Sage PLC is governed and structured
Overview of Firm-
Sage PLC is one of the leading software business in IT sector which provides enterprise
resource planning software by which it may be able to track on their progress. Business offers
services in 23 countries with 6.1 million customers showing its international presence. Firm is
engaged in providing integrated payroll, accounting and related payment solutions to customers
in the best way possible. It helps small start-ups to bigger enterprises for managing accounting,
finances and entire business in effective manner. Mission of Sage PLC is to deliver technology to
businesses of all size whether they are start-up, scale-up or enterprise. Thus, company provides
accounting and finance services to its worldwide customers.
History-
Chronological Order (Date) Event
August (2014) Sage PLC announced Guy Berruyer was about to retire and as
such, Stephen Kelly, CFO of UK government became next CEO
in November 2014.
March (2017) Sage PLC made an announcement to acquire Compass, innovative
analytic company. This was done to offer high quality analysis and
real-time insight by implementing big data analytic to customers.
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July (2017) It announced acquisition of Intacct for whooping amount of $850
million
August (2018) Firm made an announcement that Stephen Kelly has stepped down
from the position of director and CEO.
November (2018) Sage PLC said that firm will appoint Steve Hare as new CEO on
22 November 2018.
Organisation Structure-
The organisation structure of Sage PLC is functional organisation structure as firm is
divided into smaller groups and specific tasks are being provided in effective manner. Each
department is under the charge of manager who defines roles and responsibilities for employees
to perform. The main advantage of such structure is that employees are grouped in accordance to
their skills and abilities and work is carried out with ease. The company is managed with
reference to Board of Directors approving major decision-making for Sage PLC. The directors
are voted and elected by shareholders and day-to-day operations are handled (How is a
Corporation Organized and Managed?. 2018). Organisation chart of Sage PLC is prepared
below-
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Illustration 1: Organisation chart
Source: Sage PLC chart. 2018