What aspects of an organisations internal environment are critical to Essay

What aspects of an organisations internal environment are critical to the success of an organisations strategy - Essay representativeThis essay will deal with certain vital facts related to internal environment and strategic anxiety. The initiative few paragraphs are devoted in introducing the concept of organisational strategy and internal environment. In the latter part, an extend discussion is conducted on the various process by which internal environment of an organisation influences the organisational strategy. Some square life examples are also discussed to understand the manner in which few companies get to modified their organisational strategy as per the internal environment to gain synergy and competitive edge in the market.Different authors have nurtured different views on the concept of strategy. In general it can be concluded that strategy assists in identifying objectives which will add competitive edge to the company over its market rivals (Sutton, 1980, p.1). Or ganisational strategy provides a mickle or direction that organisation should strive to gain competitive position over its rivals. While develop any strategy, the management should keep in mind that the strategy should be aligned with the organisations market position, prevailing resources and capability possessed by it. Strategy provides the guideline for resource allocation and management policies (Walker, 2003, p.4).External environmental factors are those factors which are not under the direct control of the company. These include economic, political, social, technological, sanctioned and environmental factors. Since these factors lie beyond the reach of the company, they constitute the threats and opportunities of the business (Norton, 2008, p.10). On the other hand, the internal factors which direct or indirectly affect an organisation are financial resources, physical resources, objective of business, managerial policies, ferment environment, corporate image of the organ isation, its relation with labours, technical and R&D capability and promoters vision