Creating an ethical organisation

Introduction

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This unit is from our archive and it is an adapted extract from Managing Human Resources (B824) which is no longer in presentation. If you wish to study formally at The Open University, you may wish to explore the courses we offer in this curriculum area. [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)]

Strategy is based on the unique relationship between an organisation's distinctive resources and capabilities and its environment. This relationship is defined as ‘strategic fit’ and is seen as a dynamic relationship where the organisation does not merely respond to its environment but seeks to shape it.

Organisations do not exist in a vacuum: they rely on and reflect the political, economic and social contexts within which they operate. These will include:

  • a regulatory environment which constrains their activities

  • an economic environment which determines how business is conducted

  • a political environment which underpins the regulatory and economic environments

  • a social environment which values certain types of behaviour and condemns other types.

Next: Learning outcomes