Organizational Response to Internal and External Challenges Research Paper

Organizational Response to Internal and External Challenges - Research Paper ExampleThere ar many a(prenominal) challenges that are experienced by various organizations and each challenge needs its own firmness of purpose - each challenge is handled differently and uniquely from others. Some of the challenges might include technological advancement, change in customers preference, inflation, fraud, increasing local and international competition, globalization, reducing follow structures and economic crisis among others (Cathy and Tim, 2008). Many organizations find it difficult to break through in the current business environment with its technological advancement. This means that every part of organization has to stay fresh up the pace at which engineering science advances for sustainable growth and competitiveness. Although modern technology is generally considered well behaved enough to go for, it always presents a challenge to organizations in that it comes at a higher co st of adoption and sophistication. Daft and Willmott (2010) explain that not only is the initial cost expensive but excessively the maintenance and running costs that make it difficult to adopt and maintain. The short lifespan of technological innovations in any case means that companies and organizations have to invest a great deal in updating of current technology to the most current for relevance purposes. The main reason for going the modern technological way is to put out relevant services which are compatible with the societal needs and to be cost effective in the long run.An organization should always monitor the out-of-door environment for any emerging technology that has the electric potential of changing the way it operates hence the basis for competition. This can help in identification of the most challenges that go forth everyday with Information Technology. Some of these technologies when adapted might mean loss of jobs for individuals for instance when the deskt op came, many typists who did not update their skills lost their jobs. Ragg (2011) contends that recipients or consumers of the organizations goods and services also press challenge to the organizations in cost of their change in preferences, likes and dislikes, lifestyles and opinions. For instance, consumers can prefer a intersection to be wrapped using a poly thuslye material while on the other hand the cost of polythene is higher than that of musical composition to discourage its use due to environmental concerns. The options left for the business is using the polythene wrapper then increase the damage of their product or to continue using non polythene materials and maintain the commodity price while risking loss of customers. In case such an organization responds by adopting the first option, then the external environment will surfer by receiving non-biodegradable materials. Consumers will also experience high cost of the product which can mean that the organization may lo se some of them to its rivals because of inability to cope with the increased cost. local anaesthetic and international competition also presents a challenge to many organizations. Organizations with the same mission and aim and which offer the same goods and services are likely to compete with one another because each believes in itself and that it is the outflank or it can be the best among the pack. Once one