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You have been approached by an entrepreneur of a few successful companies across the world. The entrepreneur’s name is Sofia and her businesses so far have focused on untapping the potential of developing markets. Boosted by previous successes, now Sofia would like to set up a brand-new company BioTex which will be headquartered and operating in the United Kingdom and the industry she wants to get in is biomedical engineering, which has witnessed a notable shortage of skilled workers. Please note that for this assignment you do not need to be an expert in biomedical engineering.
Sofia has heard of your expertise as a HR and people management consultant and has sought your expertise which will take place in 2 components, being your mid-module assignment and your end of the module project.
Sofia does not think that understanding and managing internal environment is as important as understanding and managing the external environment. Therefore, it is your role to convince Sofia through 2000 words report of the importance of the internal environment. As the theme of internal influences is quite broad, it is your decision which components of the internal environment you will discuss (and therefore it is not imposed on you).
Try to illustrate your arguments by drawing on organisational practice (please note that again, there is flexibility and you are not required to bring examples from a biomedical setting, however, make sure that your examples are relevant to this topic.
Learning outcomes
Critically evaluate contemporary research in the field of organisations and the environments in which they operate
Critically analyse the internal environmental influences impacting upon people management in a global context
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