Wednesday, September 25, 2019
Strategic management Essay Example | Topics and Well Written Essays - 750 words - 1
Strategic management - Essay Example Motivations to engage into corporate social responsibility as shown by Alliance Boots a pharmaceutical corporation can be categorized into four categories. These are: - preservation of human rights, adhering to labor requirements, environmental protection and to run corruption free organizations. Businesses have the responsibility of supporting and respecting human rights throughout the world. With this regard they are motivated to engage into CSR activities to ensure they do not commit any human right abuses (Vidaver-Cohen an Simcic 2008, p.74). With regards to labor movements, organizations should strive to uphold labor requirements and must always respect collective bargaining agreements. They must not at all costs engage in ant forms of forced labor, do away with child labors and must not also discriminate when employing (Waddell 2000, p.113). Alliance Boots has ensured this by establishing efficient and effective employee handling measures right from how they recruit which is fa ir and transparent, the promotion procedures are quite distinct and the welfare of their employees are well taken care of in terms of safe working environment and good and satisfactory remuneration (Campbell 2007, p.142). Another factor that motivates companies is the preservation of the environment that they operate in. It is through global warming that the destruction of the environment results and it is because of the carbon emissions from the industries that world temperatures rise. They must therefore participate to preserve the same environment since it is the sources of raw material. Green operations and campaigning Green are therefore quite common phenomenon to safeguard operations of most corporations (Waddock and Smith 2000, p.232). The companies are engaged in this by throwing their support towards precautionary measures towards the environmental challenges. In addition, they strive to undertake mechanisms to promote their responsibility towards environmental responsibili ty (Campbell 2007, p.173). Alliance Boots engages in development and diffusion of environmentally friendly technology in the design and manufacture of its products including their distribution. Moral and ethical responsibility is a function of most modern corporations to ensure that the businesses collectively work towards discouraging corrupt practices. Alliance Boots ensures they satisfy these motivations through the trust they have built and bestowed upon all their stakeholders. 2. The extent to which ethical issues /CSR drive strategy in the organization In order to determine the extent CSR drives organization strategy, it is appropriate to identify firms or a firm that employs CSR or ethical issues and compare that with their financial performance. Considering Alliance Boots whose CSR approach reflects their internal decision making approaches, CSR is responsible in driving its strategy since without it, it would not be in a position of identifying external stakeholders in its decision-making processes as dictated by management (Husted & Allen 2011, p.127). Therefore, CRS and ethical issues enables the organization to gather information from the external environment. Consequently, through the
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