Importance of PESTEL Analysis for Business | Man Group Plc

BUSINESS
ENVIRONMENT

Table of Content
INTRODUCTION...............................................................................................................................3
TASK 1.................................................................................................................................................3
Overview of company and its history.................................................................................3
TASK 2.................................................................................................................................................6
Importance of PESTEL analysis for a Business................................................................6
TASK 3.................................................................................................................................................7
Pestle analysis for MAN Group Plc....................................................................................7
CONCLUSION....................................................................................................................................9
REFERENCES..................................................................................................................................11

INTRODUCTION
Business environment is an analysis of internal and external of business that helps in
gaining competitive advantage (Alderete, 2020). Man Group Plc is a public company that
operates in UK and deals in sugar cooperage and brokerage that was founded in 1783 by
James Man. The company basically purports into the investment market for the consumers or
general public empowering them to make responsible and profitable investments rather than
risky investments. This report analysis and evaluate business environment of Man Group Plc
that effects on functioning. It also explains about company objectives, vision and mission in
long term for achievement of organisational goals. This report also describes importance of
pestle analysis for Man Group Plc that helps in gaining competitive advantages in the market.
At last, the Pestle analysis is done to understand detailed aspects of the macro environment
affecting the company that help in using available opportunities in the industry.
TASK 1
Overview of company and its history
Man group was founded in 1783, 225 years ago in London by James Man it is
established to provide attracting risk adjustment performance for its customers. Company is
able to grow and expand its business by continuous innovation in its technology and product
to satisfy needs of customers beyond their expectancy. It is one of the leading alternative
investment opportunities providers to its customers and known as hedge funds. As per 2011
company profit have been $69.1 billion under management and increased 25% in 2014 as
$72.3 billion (MAN, 2020). Thus, company performance, sales and profitability has increased
through the years because of continuous expansion and innovation of technology.

Figure 1:Institutional Framework
Source: MAN, 2020
Company mission and vision is as follows:
It is mission statement is to fulfil our responsibilities to provide highest standard of behaviour
as an corporate and individual in order to maintain reputation of company by maintaining
trust and loyalty of stakeholders and customers.
Vision statement
Whereas its vision is to grow and expands its business worldwide by providing qualitative
services products through continuous innovation to satisfy needs of customers beyond their
expectancy.
Structure and operation
Man AHL: It was founded in 1987 that is a diversified quantitative investment manager
providing best return and long term funds (Beylot and et.al., 2019).
Man Numeric: It was acquired by Man Group in 2014 to build diversified quantities fund
management business and to increases its presence in North American Market.
Man GLG: It was established in 55 in London with partnership as GLG partners in 1995 and
publicly listed in 2007 and it’s 1.6 billion. It utilises maximum return and long strategies for
each sectors.
Hierarchy organisational structure means that there are large number of manager and
subordinates in an organisation. It describes relationship between manager and employees
from top to bottom in the organisation. It clearly defines roles and responsibilities of
individual and interrelationship between employees. Well- established communication helps