Preview

What Matters Most: Corporate Values and Social Responsibility

Satisfactory Essays
Open Document
Open Document
346 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
What Matters Most: Corporate Values and Social Responsibility
1. List the key points of the case and why the author considers them important lessons.

According to Jeffrey Hollender, the key issues that a company must address to become socially responsible are:

1. Values: Develop a clear set of values and operating principles that every employee or member of the company takes to heart.

2. Commitment from the top of the company: As mentioned earlier, this is basic because if the top managers are not willing to be open and honest about their company’s real situation and areas of opportunity, how can we expect anyone else to be.

3. Determine structure, measurements and mechanisms to evaluate progress: We need to do this taking into consideration a set of goals based on our values. A very common structure is the kind of Corporate Social Responsibility (CSR) reporting that companies do to disclose their socially responsible activities.

2. What has Greenpeace done to curb corporates from exploiting our global natural resources?

A key part of their campaigns is investigations; they go to the scene of the environmental crime, expose the responsible ones and work with the affected communities to identify solutions. They also investigate the impacts that these crimes have on our planet and people.
Another important part of Greenpeace’s labor is the legal one; as we know, decision-makers in government have the capability and responsibility to make positive change happen. So, in order to help with this task, Greenpeace policy experts work with Congress to reform policy on the state and national levels.

3. Pick five (5) corporate change-makers cited in the case and give examples of why the author picked these organizations.

According to their webpage, Chiquita is the only global banana company to have met the strict standards for Rainforest Alliance certification for 100% of their farms. This means that they meet the strict standards of the Sustainable Agriculture Network (a coalition of environmental

You May Also Find These Documents Helpful

  • Good Essays

    What specific suggestions could you provide for your firm to follow in order to be more socially responsible?…

    • 718 Words
    • 3 Pages
    Good Essays
  • Good Essays

    HRM 598 Phase 1 final

    • 927 Words
    • 4 Pages

    Values: Create a positive and culturally friendly work environment for employees indicating that they are a valued and significant part of the company. Provide a welcoming and hospitable environment while delivering an amazing product and service to customers; and remain environmentally friendly using green sustainable products.…

    • 927 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Company Q is a small company that is slow to react to current culture. As a small company, they don’t have the large financial resources to add product lines that carry a large amount of risk the way that large grocery chains can, and have recently had to close some stores due to financial issues. Those stores are located in high-crime areas, and reportedly had poor sales. Customers for years have requested healthier and organic options – items, which if they sell well, will benefit the company, due to their high profit margins. These are items which are very commonly found at neighborhood grocery stores, and Company Q risks losing customers by not carrying the requested goods. Company Q did add the requested items, but only a small selection of items.…

    • 739 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Norco Case Summary

    • 804 Words
    • 4 Pages

    The Norco case teaches us that science is as important a part of the environmental justice movement as activism and public policy. This is because scientific claims can be made by anyone, from powerful multinational corporations to members of marginalized communities. Investigation and testing of these claims in a scientific fashion have the ability to show that some claims made by those with power are false, as well as vindicate the claims of marginalized individuals or groups. This makes science a great equalizer of political power. In the end, research using the scientific method is the only reliable way that we know of to find out the truth of the world around us.…

    • 804 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Can you relate any of the learnings of this case to readings & class material?…

    • 646 Words
    • 8 Pages
    Satisfactory Essays
  • Good Essays

    Policy-Sierra Club

    • 1189 Words
    • 5 Pages

    The Sierra Club is one example of the many environmental groups in the United States that lobby for favorable environmental policies. The Sierra Club is one of the oldest, largest, and most influential grassroots environmental organizations in the United States. One of the Sierra Club’s main goals is to stop the construction of coal factories. They also work to shut down coal factories that are already up and running. In doing so they believe it will help to preserve mountains, waters, and lands from the harmful affects extracting coal reserves. They promote an alternative to the coal factories - the use of clean energy. The Sierra Club’s campaign is titled “Beyond Coal”. The mission of “Beyond Coal” is to unite grassroots activists across the country, to move America beyond coal.…

    • 1189 Words
    • 5 Pages
    Good Essays
  • Best Essays

    It is important to be socially responsible – that is, to work with stakeholders such as employees, customers, communities, and governments to make sure that the company does its part to minimize negative impacts on society and maximize contributions to important issues that are being addressed worldwide.” (McGraw Hill )…

    • 2930 Words
    • 12 Pages
    Best Essays
  • Good Essays

    Hands On Study Guide

    • 919 Words
    • 4 Pages

    Use the facts provided by the case to identify the key issue or issues facing the company you are studying. Many cases present multiple issues or problems. Identify the most important and separate them from more trivial issues. State the major problem or challenge facing the company. You should be able to describe the problem or challenge in one or two sentences. You should be able to explain how this problem affects the strategy or performance of the organization.…

    • 919 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Value Alignment Paper

    • 312 Words
    • 2 Pages

    An organization’s values are the basis for defining that organization’s culture. “Companies with strong cultures are clear on what their beliefs and values need to be and take the process of shaping those beliefs and values very seriously. Most important, the values espoused by these companies underlay the strategies they employ” (Pearce & Robinson, 2009, p. 396). Team C believes that values are a person’s beliefs, which are used to guide decisions and behaviors. Conversely, organizational values define the standards of the organization and guide the behaviors of the organization’s employees.…

    • 312 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Embodiment of the values by management, so that team members can see values in action.…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In recent times, there has been huge concern on the issue of ethical leadership in the corporate world. Researchers have increasingly shifted their attention towards identifying what could be driving costly unethical behaviour in organizations. Organizations leadership stresses short-term result while disregarding the long-term implications of their actions. The result has been scandals and accounting frauds. Companies such as Enron, WorldCom (Knights and O’Leary, 2005), and Nortel executives (manipulating recovery earnings of post-dot-com in order to earn bonuses), are host of failure in ethical leadership that have threatened many senior management position and the financial survival of several companies. Some organizations lack authentic leaders who can exhibit leadership behaviour codes such as self-control, abstinence from egotistic self-interest and greed. How could such smart individuals get involved in such costly misconduct? This is the question on the lips of leaders and stakeholders of all area of public life in the wake of corporate scandals and the debacles of educational policy in the 21st century first years.…

    • 906 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Corporate Responsibility

    • 572 Words
    • 3 Pages

    While commuting home from work, you take a detour through a residential area to avoid a congested main artery. Because only a few drivers take the detour, it removes several minutes from your commuting time due to the light traffic. Is your action generalizable?…

    • 572 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    * Values offer principles and standards of behaviour that people and organisations follow. Values have a major influence on a person’s behaviour and attitude and serve as guidelines in all situations.…

    • 1629 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Corporate Responsibility

    • 2005 Words
    • 7 Pages

    Examine Apple’s current position on the company’s ethical and social responsibilities, and determine whether or not the company has met these responsibilities. Provide two (2) examples that support your position.…

    • 2005 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Ethics are a collection of principles of right conduct that shape the decisions people or organizations make.…

    • 719 Words
    • 3 Pages
    Good Essays