Why or why not? The chapter defines global corporate citizenship as committing to serving various stakeholders. I think that Apple did demonstrate good global corporate citizenship. Even though many of the tragedies could have been avoided long before the audits were performed, I think that Apple responded well after learning of the mistreatment of its indirect employees. The company understood that corporate citizenship is increasingly important for their long-term success and took action by commissioning a month-long, independent investigation of the labor conditions at its suppliers’ factories in China.
Greenfield outsourcing is all about is the corporate change without hiring any external employees or service providers. In other words, the company like Nike in our case may hire independent contractors or startup companies to provide some services that the company did not do inhouse (Caroselli, 113). The following essay will speak about the NIKE company and its outsourcing business practices that although proved to be very profitable for Nike at some point of time would attract international attention with respect to the ethics involved in the corporate management, working conditions and compensation. According to corporate
Coca-Cola’s global presence means that the company must understand different cultures, laws within each country, and their environments as well. To contribute their growth and success in global markets, Cola-Cola adapted the United Nations Global Compact’s Blueprint for Corporation Sustainability Leadership (“Blueprint for Corporation Sustainability Leadership,” 2010). This blueprint offers guidelines for which global companies should follow in order to ensure that they are offering the best global initiative programs they can provide. Social responsibility is a large part of the company’s global initiative. Coca-Cola publishes a sustainability report on their website every year which gives insight to how they are handling social issues such as recycling, water use, human rights, and promoting healthy lifestyles as well as others.
Unit 1.1 Title : Promoting a health and safety culture within my organisation Author : Date : 20th July 2011 I have introduced behavioural and cultural change within my organization by using a series of initiatives which form a holistic approach to health and safety. The initiative named ‘The Hearts and Minds Approach’ (H&M Model) formed a robust model. The H&M model was designed and introduced due to improve the culture of company road vehicle users. The model was introduced in 2010 and remains fit for purpose, however its parts are under constant development to ensure the momentum for sustainability. There is no ‘shelf life’ to this model as the organizations intention will always be to ensure the workforce returns home in a health and safe condition.
By getting Apple to focus on making just four computers, he saved the company. Isaacson used a quote from his interview with Jobs that really hit home on the comparison between the two. “Deciding on what not to do is as important as deciding what to do.” I relate this to the instances where Bill Belichick had to decide on when to get rid of players and when not to sign players because of chemistry issues and/or they aren’t a good fit for the team. A perfect example of Belichick demonstrating this was when he traded Randy Moss to the Minnesota Vikings. Belichick saw that Moss might’ve caused a potential chemistry problem, because Moss was in a contract year and he wanted to sign a long-term deal so that he could have job security.
Brand integrity issues presenting brands e.g. Martha, Stewart and Nike to solve integrity issues highlighted during the Barings and Shell episodes. Today a set of globally acknowledged standards are available for business organization that want to be judged for its impacts on environment and society. Some of these standards include SA 8000 social accountability standards, the ISO 14000 for environmental management system and recently the Global Reporting Initiatives guidelines for sustainability reporting. In Pakistan Securities and Exchange Commission of Pakistan is the first contributing authority for code of
Scholarly Activity I Wal-Mart John I. Miles IV MBA 6601 October 14, 2012 Professor Yvonne Balbin Abstract Ranked number three in the retail market Wal-Mart has enjoyed much success with overseas profits raves Global 500. The goal of saving people money has always been Wal-Mart’s intention but profits are suffering in today’s American economy. Wal-Mart was founded on the goal and philosophy of providing the lowest price to its consumers however, legal and political environments of certain countries may dictate an organizations way of thinking in terms of investments, operating modes, risks, and resources contends Daniels, Radenbaugh, & Sullivan, (2011). This paper will discuss the company’s global issues, market and legal systems,
Exxon Mobil Corp is in the top 6 in all of the top major integrated oil and gas companies by Market Cap. with 353.94B. However, in terms of P/E Exxon is found in the middle of the pack, ranking 25/46. Overall, Exxon Mobil Corp. ranks in the top 25% of Integrated Oil and Gas Companies. The most notable statistic is Exxon's return on equity which ranks #1 in the industry with 21.61% Nike Inc. Market Capitalization: 41.01B Trailing P/E/: 21.67 Forward P/E: 17.41 PEG Ratio: 1.80 Profit Margin: 10.07% Total Cash: 4.69B Short Ratio: 2.30 Dividend Payout Ratio: 27.00% How do these
Every manufacturer in the market have their own operating system, now if Microsoft’s operating system becomes the standard in the next generation firms, then manufacturers are worried they will simply become assembly companies. Mobile phone companies use three major defence strategies (Shepherd, 2010, pp. 121) which are alliances, licensing and application. In terms of alliances, manufacturers pair up with other companies to produce and work together to put out mobile phones with their partner’s operating system. For example, a lot of the Nokia phones use the Symbian operating system in their phones and it seems that Nokia is the only company to have resisted making a deal with Microsoft.
HBR: Sustainability in the boardroom Notes Nike: “pioneer in using social and environmental issues as catalysts for innovation” * Less attention paid to “the board’s role in these efforts or to Nike’s creation of a board-level corporate responsibility committee to institutionalize the company’s commitment to responsible performance.” Why so is not clear, especially because of increasing pressure on sustainability issues – focus on financial reporting led to negligence of other aspects of governance. Sustainability committee useful in at least five ways; 1. Source of knowledge and expertise * domain specific knowledge is important for all areas * Nike: Conway added to board because of her expertise; other directors were friends and family of Nike founders * because of her expertise, Conway was able to create the Global Alliance for Workers and Communities, access to communities would not have happened without her in view of the company’s reputation at the time * Conway implemented first board-level corporate responsibility committee * mapping out responsibilities and identifying key areas will help reveal areas of knowledge and experience useful for this 2. Sounding board and constructive critic * Committee can ask insightful questions and provide alternatives and perspectives, which enriches and challenges management’s thinking * 2009: Honduras workers laid off, Nike’s committee came up with compromise * Stating new goals and redefining old ones * Independent directors; at once insiders and outsiders constructive skeptics 3. Driver of accountability * Review progress towards sustainability along with other standards * Oversight activities * Expansion of corporate responsibility group’s work from achieving day-to-day operational compliance to building a