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Environmental scanning cum environmental analysis is an effort to know how the environment of a business is affecting the business strategy.
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Details
Environmental scanning cum environmental analysis is an effort to know how the environment of a business is affecting the business strategy.
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Environmental scanning cum environmental analysis is an effort to know how the environment of a business is affecting the business strategy.
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This environmental kind, which is the second member of the process, the environmental data is processed in the process defined in the business environment, but the environmental kind, not the environmental kind, is the amount of information that we need to put up our communication. When we look at that, we mention environment of doing business. It is a data, it is a kind of process, it is formed by yellow. Everything that operates in an environment, that environment is both macro and micro, micro business environment. We analyze both environment. If you want the data, you analyze the micro environment, you analyze the macro. In doing that, the macro environment, you consider the organization itself. You consider outside the organization. You consider also the environment, the organization operating. In processing the organization, we use what we call, we use what we call SWOT. And using the kind of organization, we use what we call SWOT analysis. Okay. Now, when we talk a little bit about organization, the environmental analysis is crucial. There are so many things that may affect the business environment, but so technical and so proven are these few words we are going to have, or we are going to see. They normally represent what we call vector analysis. The short form of this is what we are used to today. It is a framework. A framework is what you do something, and the next step is this. Vector is a typical framework for your analysis of how external environment can affect your business. These external environments are political decisions. They are economic decisions, or economic prevailing factors. They are crucial. Crucial factors affecting a business. The business you run in Nigeria, those in another environment may not run the same way. Let's say a society that has a very crucial forest in India. Technological also, environment, affects your business. Most businesses we create in Nigeria, we say, if you are Washington or if you are in Silicon Valley, may seem like it is a joke, because we are not marginalizing technology to operate. We are just marginalizing technology. The environmental affects. Environment affects. The legal factors affect also. So this principle, this vector, is here at a defined point. I'm going to end up telling you that our organization can change. Can we say, can we take a difficult test and look at how, you know, government decisions at each time affect whether organizations can survive or not. There was a time when governments were in Nigeria because of different political decisions or political actions. I think we are aware. And it makes organizations to strategize their external practices in their own home country. That's what we call it. And they get instability in government affects organizations. I learned recently from a young and fortunate couple who have left this country to Ghana. And this is one of the reasons because they are not comfortable with political decisions or political activities going on. Many years ago, when there was a little fear that there would be a guerrilla war, there were many companies like Nigeria. Until that time, they have never spoken. You know, if there's a country, so if there's a war for a country, to me, it's just a new country. And when they move, when they go back, it's not always easy to be going down the road. And they think that's the stability of the country. They are used to do what you say Nigerians normally say, and Nigeria says that they are wrong. They will tell you that Nigeria is one to one. And they begin to compare that thing. And they do that thing in the mind that Nigeria was well on that side and that. And I say to them, it's not true. It's not true. There was something that led our economy to look as if it was doing well, when it was not doing well. One, that time, Nigeria was the capital of Africa. Every decision of the European country or American country starts from there. When they don't want to let go, they're not sure which African country are we going to go. First of all, they have to set up in decades, expand, begin to think of African countries. Why? Because Africa was on that at that time. I get the meaning. That makes them to think that a safe haven in Africa is Nigeria. And that technology was not so much. There is no way they can easily reach. The independence of South Africa brought a repetition of oligoman strategies. In thinking, where do we teach our children before we bring up reality? And if you think that Nigeria was that, you can compare South Africa with any country in Africa. South Africa is Europe. South Africa is better than most European countries. So, when an European country or American country thinks of coming to Africa, they land in South Africa. Establish here, do everything, get everything, and now begin to think of, can there be any other African country? They can extend their agenda to South Africa. And this troubles our economy. This brings the real play of who invests and where to invest. Who invests and where do they prefer to invest. Investments make the nation. Investments make the nation. It is not your place here going down to whatever you want to invest in Africa. People think, they prefer to think of others. There are factors people consider when they are considering investment in the nation. So, political strength, political stability, political... ...affects where they are economic, intellectual, environmental, doing business. It affects your environmental kind. It affects your environmental analysis. So, also the economy. How strong is the economy to carry what you are going to do? If you walk through our city, you will discover that there is no strong economy that is going on. Just like I saw an AI machine that is molding blocks on the internet. Molding blocks. Yes. Not molding blocks. Jogging. Jogging. Yes, jogging. I said, wow. I began to imagine, what will it take to get investors, invest in this thing very deep. Then I began to think of how many people can afford this service at no one's expense or credit. It is so very difficult. And then, if they are able to afford this service, this must be a big investment. For somebody to put this money to bring this in. Remember also, mass power. How many people can afford this equipment? Our emergency center has no quality of life. The quality of life we have is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. It is limited. 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