Impact of Global Events on Decision-Making & Organisational Behaviour

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Added on  2023/06/04

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This report examines the impact of global events on decision-making and organisational behaviour, utilising frameworks such as PESTLE and SWOT analyses. It begins by defining global events and their broad influence, then delves into the specific impacts on organisational behaviour and decision-making processes. The report evaluates macro environmental factors, highlighting the political, economic, social, technological, environmental, and legal aspects using the Summer Olympics of 2012 in London as a case study. Recommendations are provided for improvements and solutions, emphasising the importance of international relations, job security, and accurate weather forecasting. The SWOT analysis tool is applied to assess the strengths, weaknesses, opportunities, and threats associated with global events like the Olympics. The report critically evaluates the success of event planning based on attendee experiences and tangible/intangible outcomes. It concludes by summarising the key findings and underscoring the significance of understanding global events in shaping organisational strategies. Desklib provides access to this and many other solved assignments to assist students.
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Global Events PART B
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Table of content
Introduction
Impacts of global events on decision-making as well as organisational behaviour
Evaluation of macro environmental
Recommendations for improvements and solutions for a specific event
SWOT analysis tool
Critical evaluation for successful planning of its events
Conclusion
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Introduction
Event can be understood as a social occasion or
activity that occurs to gather significant public
investment. Therefore, global events can be
understood as a social gathering of population
for a limited time period that requires certain
amount of public investment for the events
happening globally.
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Impacts of global events on decision-making
as well as organisational behaviour
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PESTLE can be understood as a
methodological framework for
suggesting factors that affects the
macro environment of the firm
dealing with strategies for decision
making and organisational behaviour.
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Political factors include political stability and good political relations with other
countries.
Positive: Political structure of London is stable and it maintains good relations
with other nations, which allows them to organise global events such as Summer
Olympics of 2012 smoothly.
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Economic factors are those which lays positive or negative impact on country's
economy.
Positive: Organising global events such as Summer Olympics of 2012 has
positively affected the GDP of London, UK.
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Social factors are considerably education, age, culture or religions, etc. followed in
a country.
Positive: London has a large number of well-educated population which calls for
huge growth and development for understanding new concept of such global
events.
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Technological factors can be understood as advanced and innovative technological
infrastructure
Positive: Higher level of internet connectivity in the city of London creates a
great opportunities for the organising and broadcasting such global events.
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Environmental factors include weather conditions in and outside the event
prevailing in a country.
Positive: There is continuous incoming of visitors due to the popularity of the
games such as Summer Olympics of 2012 which proves to be positive
environment in London.
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Legal factors are possibly policies or laws to protect the rights of people
regarding their existence such as laws against inequality or discrimination.
Positive: The Equality Act of 2010 in London protects the rights of people
regarding any sort of discrimination practices in the global events like
Summer Olympics of 2012.
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Evaluation of macro environmental factors
External factors in macro environment includes political, economic, social,
technological, environmental and legal factors which altogether affects the
decision making and organisational behaviour in the firm. Summer Olympics of
2012 in London have led political agreements with several countries providing
several substances for international social, environmental, economic and political
change.
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