Elephants, Economics and Ivory Essay Example | Topics and Well Written Essays - 4750 words

Elephants, Economics and Ivory - Essay Example 1) In the external environment of the not for profit industry, identify and critically analyze the dimensions of complexity which impact upon the management of people and organizations using appropriate MPO concepts. What are the implications of these key factors for organizations in the sector? Â  In considering the complex interrelationships of factors impacting the not for profit industry it is important to first consider the inherent conflict of conserving natural resources within a trade orientated international environment. It is submitted that this, in turn, requires a PEST analysis to critically evaluate the key external actors and triggers in people management and not for profit organizations. It is further submitted that the PEST analysis helps best understand the key factors for organizations in the sector. Â  The PEST analysis acronym means the political, economic, social and technological issues that could affect the strategic and operational development of a business, which in turn has a concomitant impact on people management. Moreover, identifying central PEST influences is an extremely useful exercise in summarising the external environment within which a business operates to provide recommendations as to how a business should respond to these influences (Worthington et al, 2005). Â  In general terms, the political dimension will consider the environmental regulation and legal mechanisms in place for enforcement of the not for profit industry’s goals in the relevant sector.