Environmental scanning - Revision history

Designing Buildings at 08:08, 8 December 2020

2020-12-08T08:08:23Z

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	* Types of construction organisations.		* Types of construction organisations.

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217.44.125.143 at 16:17, 28 April 2019

2019-04-28T16:17:12Z

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	This allows the state of the organisation to be assessed, and compared to the vision for where it plans to be in five or ten years’ time. This can be used to develop a forward strategy, identifying changes to company policy, objectives, activities and so on that can be made.		This allows the state of the organisation to be assessed, and compared to the vision for where it plans to be in five or ten years’ time. This can be used to develop a forward strategy, identifying changes to company policy, objectives, activities and so on that can be made.
		+
		+	One popular method of environmental scanning is SWOT analysis. Each letter stands for one area to review: Strengths, Weaknesses, Opportunities, and Threats. The strengths and opportunities are factors within the company, and the weaknesses and threats come from sources outside the company.
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		+	Most scans include a thorough look at competition, economics, technology, legal issues, and social/demographic factors.

	= Find out more =		= Find out more =

Designing Buildings at 13:45, 25 April 2018

2018-04-25T13:45:39Z

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−	Environmental scanning is a process ~~whereby~~ an organisation monitors its internal and external environment as a means of formulating or altering a strategic plan. It involves the ongoing tracking of trends, occurrences, patterns and relationships within ~~the~~ different environments and detecting early indications of opportunities ~~and/~~or threats to the current and future plans of the organisation.	+	Environmental scanning is a process in which an organisation monitors its internal and external environment as a means of formulating or altering a strategic plan. It involves the ongoing tracking of trends, occurrences, patterns and relationships within its different environments and detecting early indications of opportunities or threats to the current and future plans of the organisation.

−	In a construction context, an organisation may gather information about the external ~~construction market,~~ its competitors, ~~material~~ pricing, ~~technological trends~~, ~~laws and~~ policy, consumer behaviour, as well as information about its ~~own~~ internal environment – its strengths and weaknesses~~. The position of the organisation at present should be assessed, and then compared with where it plans to be in five or ten years’ time~~.	+	In a construction context, an organisation may gather information about the external environment; its competitors, pricing, technology, legislation, government policy, consumer behaviour, as well as information about its internal environment; its strengths and weaknesses.

−	This ~~collected data~~ can be used ~~and analysed~~ to ~~work out~~ a forward strategy, identifying changes to company policy ~~or environment~~ that can be made.	+	This allows the state of the organisation to be assessed, and compared to the vision for where it plans to be in five or ten years’ time. This can be used to develop a forward strategy, identifying changes to company policy, objectives, activities and so on that can be made.

	= Find out more =		= Find out more =

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2018-04-24T15:13:44Z

Created page with "Environmental scanning is a process whereby an organisation monitors its internal and external environment as a means of formulating or altering a strategic plan. It involves the..."

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Environmental scanning is a process whereby an organisation monitors its internal and external environment as a means of formulating or altering a strategic plan. It involves the ongoing tracking of trends, occurrences, patterns and relationships within the different environments and detecting early indications of opportunities and/or threats to the current and future plans of the organisation.

In a construction context, an organisation may gather information about the external construction market, its competitors, material pricing, technological trends, laws and policy, consumer behaviour, as well as information about its own internal environment – its strengths and weaknesses. The position of the organisation at present should be assessed, and then compared with where it plans to be in five or ten years’ time.

This collected data can be used and analysed to work out a forward strategy, identifying changes to company policy or environment that can be made.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Business model.
* Business plan.
* Construction organisation design.
* Contingency theory.
* Migration strategy.
* Risk management.
* Types of construction organisations.

[[Category:Construction_management]] [[Category:Cost_/_business_planning]]