Challenges of Micro Environment

Cards (7)

  • Challenges of Micro
    • Difficult Employees
    • Lack of Vision and Mission
    • Lack of Adequate Management Skills
    • Unions
    • Strikes and Go-Slows
    • Skill shortage among employees
  • Difficult Employees
    • No support for Vision/ negative attitude> Conflict
    • Need supervision
    • Harm business image
    • Lazy> delays, decrease in efficiency
  • Lack of Vision and Mission
    • Different goals> leads to conflict
    • hamper meaningful guidance and leadership to employees
    • business will lack focus/direction and single long term objective.
  • Lack of Adequate Management Skills
    • Not able to lead, direct, control
    • Waste of resources
    • Bad communication
    • business not achieving its objectives
    • Ineffective management can affect the productivity and profitability of a business
  • Unions
    • Protect interest and rights of employees> impossible demands
    • create tension between management and employees
    • Businesses may not be able to meet the demands of the trade unions
  • Strikes and Go-Slows
    • affect the business negatively as it cannot meet its expected units of production
    • Employees may not report to work due to a complete shutdown strike.
    • Employees may report to work but work slowly so that the business cannot meet its targets due to go slows
  • Skill Shortages among employees
    • difficult to find suitable employees with skills and experience.
    • employing workers who are not qualified to do the job
    • Unqualified employees may contribute to bad decision making