ListenReadSpeaker webReader: ListenFocusModule 2 – SLPTHE SOCIO-POLITICAL COMPASSAssignment OverviewIn the Module 2 SLP, you will determine the most salient environmental threats and opportunities currently facing your target organization.AssignmentWrite a 3-page paper in which you address the following:Evaluate the external environment of your selected organization, determining the extent to which opportunities exceed threats, or threats exceed opportunities.Keys to the AssignmentThe key aspects of this assignment that should be covered in your 3-page paper include the following:Define and discuss the most significant environmental threat or threats that currently confront the organization you selected in the Module 1 SLP.Discuss the most important opportunities faced by your organization.Do environmental threats outweigh opportunities, or do opportunities outweigh the target organization’s threats? Explain.Based on your assessment, how do you believe your organization should respond to its active environmental threats? How should it take advantage of opportunities that might exist at present?SLP Assignment ExpectationsYour paper will be evaluated based on the Rubric.ListenReadSpeaker webReader: ListenFocusModule 2 – BackgroundTHE SOCIO-POLITICAL COMPASSThere are many different tools that may be used to assist in the assessment of the remote and operating external environments. These include Porter’s Five Forces and PEST. In Module 4, we will give our attention to one such conceptual tool, SLEPT Analysis, which is a variation – and an extension – of PEST. Similar to PEST, the SLEPT Analysis is utilized by leadership to scan and monitor the remote environment. SLEPT is an acronym that stands for the:Social, Legal, Economic, Political, and Technological remote environmental forces that may affect the organization.Please review the theory of SLEPT analysis at the following page:http://businesscasestudies.co.uk/business-theory/external-environment/slept-analysis.html#axzz2m8aLEn54Next, let’s review the following article related to analysis of the external environment:Makos, J. (2016). What is environmental analysis? PESTLE Analysis. Retrieved from http://pestleanalysis.com/what-is-environmental-analysis/The journal article written by Kukalis serves as a quite excellent discussion of the turbulence and change that are occurring in today’s remote environment:Kukalis, S. (2009). Survey of recent developments in strategic management: Implications for practitioners. International Journal of Management, 26(1), 99-106. Retrieved from ProQuest.A version of SLEPT analysis – known as “PESTLE” analysis – adds the environmental dimension to the process of analysis. The PESTLE Analysis website is an excellent overview of PESTLE (and, by reference, of SLEPT as well): What is PESTLE Analysis? (2014). PESTLE Analysis. Retrieved on April 29, 2014 from http://pestleanalysis.com/
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