Preview

Swot Analysis Of Tiger Brands

Powerful Essays
Open Document
Open Document
1154 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Swot Analysis Of Tiger Brands
Tiger Brands CSR
Tiger Brands is a well-established company that continues to grow from strength to strength. There is no doubt that a crucial factor in their growth and expansion is their comprehensive Corporate Social Responsibility (CSR) program. By basing all their decisions and operations on a healthy triple bottom line (people, planet and profit), they ensure that they give back to, uplift and protect the surrounding community and natural environment. This is put into practice by means of an all-encompassing Corporate Social Investment (CSI) policy which is rooted in the passion to add value to people’s lives by re-investing into employees, their families and the communities that surround them (Tiger Brands Ltd, 2018). Tiger Brands commits 1% of their net operating profits after tax to community development, helping them to achieve their end goal of weaving a positive and constructive social fabric in each of the countries in which they operate (Tiger Brands Ltd, 2018). Tiger Brands is therefore clearly committed to not only planning to, but physically making a difference in the world.
Tiger Brands CSI policy is quite complex, and has three major divisions, namely internal and external programs, as well as an environmental sustainability program. The CSI policy is executed under four themes, namely food security (with its main focus being the nourishment of bodies and minds), nutrition education (focussing on nutritional education at school …show more content…
Since the external policy and, consequently, the establishment of The Tiger Brands Foundation, focusses on the empowerment and well-being of surrounding communities as a whole, a broader base of people benefit from campaigns and programmes initiated and supported by this policy. Based on the 4 themes of their CSI policy, Tiger Brands have initiated and contributed extensively to several campaigns. In South Africa alone these
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Company Q Task 1 Est1
    • 905 Words
    • 4 Pages

    Company Q Task 1 Est1

    Corporate social responsibility has become a topic of concern for many businesses. Businesses are striving to meet sales and profit goals, yet at the same time have a positive impact on society. The reason for this is that customers, investors, employees, government agencies, and communities are all influenced by business, yet they all have the ability to influence and impact businesses as well. A company’s reputation is at stake when it comes to being socially responsible, and many companies have developed a plan that ensures they are being socially responsible while still meeting their sales/profit goals. This paper will evaluate Company Q’s current policies and attitude and make recommendations to improve them towards social responsibility and in turn increase their bottom line.…

    • 905 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Limited Brands Swot Analysis
    • 2803 Words
    • 12 Pages

    Limited Brands Swot Analysis

    Limited Brands was founded by Leslie H. Wexner in 1963. Leslie started with one store in Columbus Ohio and is now an international company that has expanded over the world through invention and expansion, and employs over 90 000 employees. The company operates over 2600 stores that specialize in lingerie, beauty care, jewellery,…

    • 2803 Words
    • 12 Pages
    Better Essays
    Read More
  • Best Essays

    Trend of Corporate Social Responsibility (Csr) in Uk.
    • 2128 Words
    • 9 Pages

    Trend of Corporate Social Responsibility (Csr) in Uk.

    In global markets, modern corporates have significant power to exercise a positive influence in the countries, where they buy goods and services from global suppliers in bulk. Recognising this influence is the first step to understand the contribution of the modern corporates in developing countries’ economies and in turn their self-benefit. As being giant firms at one end of the buying chain with the cost reduction advantage, they shouldn 't be reluctant of getting involved and operate with the suppliers to improve working conditions and comply with the ethical trading regulations. Business Corporations should also think and take responsibility for the environment around them. Taking this responsibility is the first step to recognize Corporate Social Responsibility. Corporate Social responsibility is when a business monitors and ensures its active compliance with the spirit of the law and ethical standards. It is a process with the aim to embrace responsibility for the company 's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. The concept of CSR is well explained by Gordan Brown, Chancellor of Exchequer, that in this era Corporate Social Responsibility goes far beyond the old trend of the past (donating money to a good cause at the end of the year) And is now an all year round responsibility the companies accept for the environment around them. To provide best working practices, the engagement in local communities and for their recognition that brand name does not only depend on quality, price and uniqueness but how they interact with companies’ workforce, community and the environment.…

    • 2128 Words
    • 9 Pages
    Best Essays
    Read More
  • Powerful Essays

    Primark's Irresponsibility
    • 2638 Words
    • 11 Pages

    Primark's Irresponsibility

    Many companies fail to imply a good effective CSR to a business and this can have an overall effect on the company’s process. CSR is basically for a company to have an overall positive impact on the environment, consumers, employees, stakeholders and communities. I will be discussing and implying sources and concept to my chosen company Primark and discuss where they failed to add CSR to their company. A good use of CSR in a company can be the fulfilment of social or environmental goals, as opposed to a business that tries to achieve its financial goals while minimizing any negative impact on society or the environment. These businesses are called Social Enterprises.…

    • 2638 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Procter & Gamble Rely Tampons Case Study
    • 2397 Words
    • 10 Pages

    Procter & Gamble Rely Tampons Case Study

    Corporate Social Responsibility (CSR) is about how companies manage their business processes to produce a positive impact on society. Companies introduce new products in markets, usually after testing concludes that the product is safe for use or consumption. It is nearly impossible for a company to truly know all of the potential risks a brand new product may have, even after thorough testing. However, once a company receives reports that its product may be causing harm to consumers, it is their responsibility to conduct more research and tests to rule-out any possible truth in the reports. This is what a socially responsible company would do, one who is preoccupied not only with their bottom-line, but one that is also worried about its customers.…

    • 2397 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Good Essays

    Corporate Social Responsibility
    • 554 Words
    • 3 Pages

    Corporate Social Responsibility

    Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line- Approach”), while at the same time addressing the expectations of shareholders and stakeholders. In this sense it is important to draw a distinction between CSR, which can be a strategic business management concept, and charity, sponsorships or philanthropy. Even though the latter can also make a valuable contribution to poverty reduction, will directly enhance the reputation of a company and strengthen its brand, the concept of CSR clearly goes beyond that.…

    • 554 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Individual Project
    • 642 Words
    • 3 Pages

    Individual Project

    There are many reasons why Social Responsibility is important to any company that is built on ongoing success. “Good things do happen to good people”. (Taylor, 2010). Corporate Social Responsibility can make ALL the difference to a company’s competitive position. Initiatives such as pro-bono work, philanthropy, support for community-building initiatives and environmental awareness can add significant value to your company, and if the program is well designed, the benefits far outweigh the costs.…

    • 642 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    The Benefits and Costs of Corporate Social Responsibility - Critique
    • 510 Words
    • 3 Pages

    The Benefits and Costs of Corporate Social Responsibility - Critique

    The article focuses on why companies engage in corporate social responsibility and the costs and benefits that may result. The many reasons that motivate companies to include CSR in its operations range from wanting to be good global citizens, trying to look good in the eyes of different stakeholder groups, trying to retain employees, drawing consumers to buy a company’s products or services, environmental concerns, or trying to reduce being the target of additional regulations. Identifying costs and benefits and estimating costs and benefits are measurements that may be useful to managers in their assessment of CSR. There were various examples illustrating the measurement of CSR costs, i.e., cash contributions less the reduction in taxes, product contributions and product cost in terms of labor, materials and overhead, opportunity costs like investments that may have yielded more return than the cash or product contributions. CSR benefits were also presented with examples like tax credits to companies for sustainability efforts and using “green” materials and practices in construction of buildings. Free advertising as a result of some corporate good deeds is beneficial in terms of reputation and maybe even sales. Recruiting and retention of employees can be a benefit by having motivated and loyal employees that want to work for a company that’s recognized as “socially responsible.”…

    • 510 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    New Balance Case Study
    • 1875 Words
    • 6 Pages

    New Balance Case Study

    New Balance is a large company specialized in manufacturing footwear products at a global level. The case study reveals that New Balance is currently committed to formulating an integrated Cooperate Social Responsibility (CSR), which will enable it to place itself in a good position in a highly competitive market (Veleva, 2010). In 2009, the company was still struggling to build a CSR, which would create a reputable name for its products in the global market. However, as Veleva (2010) illustrates, the firm faced various challenges such as lack of a CSR department, which would foresee the implementation of an integrated CSR. This calls for the analysis of the various strengths and weaknesses of the company and lay out the steps it should follow in implementing an integrated CSR strategy.…

    • 1875 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Operations Management and Csr
    • 5717 Words
    • 23 Pages

    Operations Management and Csr

    As globalization continues, the earth 's natural processes transform local problems into international issues along with the development of international commercial activities. Few communities are being left untouched by major environmental issues and social problems. As one of the most active and influential elements of the human society, the business world has been required, for several decades, to shoulder more responsibility by their consumers and society in general. The concept of corporate social responsibility (CSR) draws more and more attention from all sectors of society, and is considered as an issue that we cannot afford to ignore.…

    • 5717 Words
    • 23 Pages
    Powerful Essays
    Read More
  • Good Essays

    Nike's Csr Challenge
    • 589 Words
    • 3 Pages

    Nike's Csr Challenge

    In 2005 after reporting on its widespread abusive treatment in factory plans Nike’s came back to report on its social and environmental practices. Some of the Challenges that Nike and other apparel industries face in its supply chains around the World are many. Companies like Nike needs to consider people, planet and profit from now on. Nike understood as well as other competitors that seeking good societal relations should be seen as both good to society and good for profitability. The company understands now that the strategic shift for Nike’s Management can not only been seen as a close system. Its future depends on the reshaping the signals that are being sent to customers, suppliers, investors, so that the company can also operate in a sustainable way, which is also financially viable.…

    • 589 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Nike
    • 2093 Words
    • 7 Pages

    Nike

    When the discovery of sweatshop practices and human rights exploitation surfaced in the 1990s, Nike was forced to review and change its operations in order to please the expanding group of conscientious customers who are concerned with the conditions under which the products are manufactured (Suehle, 2011). The pressure for change resulted in Nike’s decision to integrate corporate and social responsibility (CSR) into its business operations. Since then, Nike has acknowledged the importance of CSR to their innovation and performance, and has been progressively working towards integrating it into every step of the business functions.…

    • 2093 Words
    • 7 Pages
    Good Essays
    Read More
  • Good Essays

    Nike Responses Corporate Social Responsibility
    • 976 Words
    • 4 Pages

    Nike Responses Corporate Social Responsibility

    Theory: There are five dimensions of corporate social responsibility: physical environment, social (community), consumer, supply chain, and employee relation. ‘Corporate social responsibility is encompasses not only what company do with their profits but also how they make them. It goes beyond philanthropy and compliance and addresses how companies manage their economic, social, and environmental impacts, as well as their relationships in all key spheres of influence: the workplace, the marketplace, the supply chain, the community, and the public policy realm. ’(HARVARD Kennedy School, 2008)…

    • 976 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Starbucks - Csr
    • 1464 Words
    • 6 Pages

    Starbucks - Csr

    In the age of social media, watchdog groups and the green movement, businesses and corporations have become extremely transparent. There are, and have been, superficial attempts by businesses to employ CSR as a way of mitigating the terrible effects that their business may have on the environment. The practice of CSR by industrial companies is in vogue these days because of the fact that they have contributed to polluting the environment. With growing public awareness and demand for true socially responsible businesses, it is little wonder that companies of today take CSR into account when planning future business operations.…

    • 1464 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Ppsm015
    • 1634 Words
    • 7 Pages

    Ppsm015

    Corporate Social Investment (CSI) is a long-term investment in the future of the company and forms an integral part of its operations. It gives an organisation “licence to operate” and makes good business sense. By contributing to the development of communities in which it operates, the organisation creates future consumers and potential employees. More companies all over the world report on their performance in terms of the triple bottom line with regard to their financial performance, their impact on and restoration of the environment in which they operate, and the contribution they make to the socio-economic development of communities in which they do business.…

    • 1634 Words
    • 7 Pages
    Powerful Essays
    Read More

Related Topics