BUS250 Week 1 Case Study: Alcoa's Core Values In Practice
Case Study: Alcoa’s Core Values in Practice
BUS250: Corporate & Social Responsibility (ABU141
April 14, 2014
The Aluminum Company of America (Alcoa) began its company in 1888 under the name of the Pittsburg Reduction Company. In 1907, they changed their name to Alcoa and from its inception they had a very strong value based culture. In the very beginning of their work all employers learned everything they made and did had to be aligned with the company’s values.
“In 1985 Fred Fetterolf then President decided the company needed to document the values that all employees must live by: Integrity; Environment; Health and Safety; Customer;
Accountability; Excellence; People; and Profitability” …show more content…
119). Alcoa had an understanding in their code of practice that made sure safety was a primary concern and focus. The overall work climate would be classified as benevolence and principle. Alcoa also had core standards for all workers and their management believed that “no employee should be forced to work in an environment where their safety or the safety of other employee’s might be jeopardized” (Lawrence & Weber, pg. 120). The emphasis of safety had a deep and important meaning to Alcoa’s management team as they cared deeply about their employees. Most individuals already have beliefs or perceptions about what type of environment they will work in as well as what type of relationship they may form with their company or employer. “An organizations ethical work climate is an important factor to determine as it affects the nature of the relational contract between the individual and their employer (Barnett &
Schubert, 2002; pg. 279). Alcoa had very strong core values for all its employees and
BUS250: Corporate & Social Responsibility (ABU141
April 14, 2014
The Aluminum Company of America (Alcoa) began its company in 1888 under the name of the Pittsburg Reduction Company. In 1907, they changed their name to Alcoa and from its inception they had a very strong value based culture. In the very beginning of their work all employers learned everything they made and did had to be aligned with the company’s values.
“In 1985 Fred Fetterolf then President decided the company needed to document the values that all employees must live by: Integrity; Environment; Health and Safety; Customer;
Accountability; Excellence; People; and Profitability” …show more content…
119). Alcoa had an understanding in their code of practice that made sure safety was a primary concern and focus. The overall work climate would be classified as benevolence and principle. Alcoa also had core standards for all workers and their management believed that “no employee should be forced to work in an environment where their safety or the safety of other employee’s might be jeopardized” (Lawrence & Weber, pg. 120). The emphasis of safety had a deep and important meaning to Alcoa’s management team as they cared deeply about their employees. Most individuals already have beliefs or perceptions about what type of environment they will work in as well as what type of relationship they may form with their company or employer. “An organizations ethical work climate is an important factor to determine as it affects the nature of the relational contract between the individual and their employer (Barnett &
Schubert, 2002; pg. 279). Alcoa had very strong core values for all its employees and