Monday, March 22, 2010

Process of environmental scanning

Process of environmental scanning
The steps involved in environmental scanning are :

1)Identify relevant forces in the environment :Information is gathered about the following forces.
  • External forces,consisting of political legal,economic,social cultural,technological factors.
  • Internal forces,consisting of technological,human,financial and information resources,organizational competencies,and stakeholders expectations.
2)Determine sources of information :They are determine by top management.They can be :
  • Spaying and surveillance of a legal and ethical nature.
  • Personal experiences of managers,employees,salesperson.
  • External sources such as banks,competitors,suppliers,customers,government.
  • Special studies by exports,consultant's,researchers.
  • Meetings,conferences,committees,speeches,interviews.
  • Newspapers,journals,reports,books.
  • Television and radio.
  • Trade and industry publications.
  • Government and university publication.
  • Internal sources such as files,database,documents.
  • Internet,website,and databases.

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