Question

Need 1000 words discussion

Pick one of the following terms for your research: coercive forces, institutional environment, interorganizational relationships, joint venture, legitimacy, niche, organizational ecosystem, retention, strategic alliance, or trade association.

Answer 1

Institutional Environment

Institutional environment is the overall elaboration of all the rules and requirements which has to be followed and known by all the individual in an organisation that must conform in order to receive legitimacy and support.

It involves all the events and working bodies related to the institution. Overall working environment, workplace culture, relationship among the employees. And such more related aspects.

Development of institutional environment is very much important for coping up with the changing environment and enhancing technologies. Institutions should use the developing technologies in its working so that the development of the organization done on regular basis. Technical packages enables the employees of the institutions to identify and support the regular learning activities and involves the creation of the interface that will allows institutional staff to access the information of the learnings and facilitate dialogue with decision making of the organization. Institutional environment is a deliverable that integrates analysis and decision making tools. Institutional environment is a force that shape the organizational behaviour and outcomes.

Institutional environment supports long term excellence to the organization. Strong institutional environment creates strong competitiveness in the market.

While operating in a weak institutional environment, small organization can hardly create strong competitive advantage in the marketplace.

So a strong institutional environment should be created within an institution so as to enhance it regularly and provide an effective and efficient working culture to its employees so that productivity of the organization get enhanced.