ipl-logo

Shared Value Model

1285 Words6 Pages

By using the Jim Collins (2001) levels of management and leadership capability model, I’ve managed to assess how far I have since come when I first started my studies to where I stand currently where I need to get to

.

At stage two I believe I was at level three: “ a competent manager “ who effectively organises resources to enable my employer then (SAA) to effectively achieve its business goals. (Proof of this is at this stage I was tasked by the company when it was in a crucial process of formulating a long term turnaround strategy to lead the team for the group that was devising… strategic direction on brand communications which I successfully executed and delivered on with the cross functional team I was leading way ahead of our …show more content…

I wanted to find ways that can assist argue CSI beyond the sublime PR speak; “cause related” marketing and reputation management jargon.
Through some of the research that I conducted for the MC report I discovered work that sparked further interest into the area of corporate social investment and the broader corporate social responsibility.
One of the readings was on the concept of Shared Value (Michael Porter and Kramer, 2011). Porter and Kramer highlight the creation of “shared value” by companies through linking their CSR and competitive advantage.
The concept is premised around the belief that the competitiveness of a company and health of the communities in which it operates are mutually dependent. Therefore it’s argued that capitalising on that symbiotic relationship has the potential to release greatest growth.
Which can be loosely translated to:
Increased functional value + increased social value + increased economic value = SHARED …show more content…

In my quest to find ways to move CSI to the centre of business that could possibly be future research work that I would like to look at within the broader focus of corporate social responsibility.

Even go as further as extending the research into that mutual value relationship to other key markets of a business (based on the Six markets model (Christopher, Payne and Ballantyne (2002)) and evaluate the: o Value created throughout the value chain in the process, o The realignment of company budgets and agenda to align with new process of shared value creation and o Assess how that leads to profit maximisation for the company, while creating economic and societal value for the concerned stakeholders.

Such research would be in line with my values and career anchors and like the MC would add value to both my personal and professional life.
In all I believe I have achieved the objectives that I had set out at the beginning of my MBA studies.
The Management challenge bares testimony to my ability to use all the theory that I accumulated through the years of studying towards the MBA and applying the knowledge (while reinforcing a structured analytical way of thinking) to find solutions to a real life management

Show More
Related

Art Rooney And Joined The National Football Team

1643 Words | 7 Pages

After doing research for this assignment, it helped me to understand that, first various teams and organizations run and do things differently from one another. It showed the variety of positions and the responsibilities that each one holds. It gave me a more defined insight of the corporate structure of the

Read More

Why Is Company Q Socially Responsible

1495 Words | 6 Pages

In this paper, I am going to discuss and explain my opinions on why company Q is or is not socially responsible. Company Q recently closed a couple of stores in high crime areas. Company Q also started offering very limited health conscious and organic products. The local food bank has contacted Company Q requesting day old food for donations. Company Q has declined the donation request due to possible fraud by its employees and has started throwing the food away.

Read More

Task 6 Core Competencies

298 Words | 2 Pages

2/17/2017: A video presentation and accompanying PowerPoint presentation explain core competencies reinforced throughout the MBA journey and how those core competencies have been applied. Strengths of communication and strategic skills were discussed with good details. Lessons learned on long-term plans, trusting others and creativity are apparent. However, discussion on professional goal lacks SMART attributes.

Read More

Strategic Plan Part 3 Strategic Evaluation Paper

1161 Words | 5 Pages

Strategic Plan, Part 3: Strategic Evaluation Introduction Owens Corning develops and produces insulation, fiberglass composites, and roofing in the global market. The company has five potential business strategies that it can use to plan their function in the business operations. The strategies enable the company to cooperate the different department. Monitoring the product strategies is to review the business level strategy to implement in their action (Bui, & de Villiers, 2017). The review involves the economic acquisition resources, equipment used to produce goods and services, business facilities and other administrative costs.

Read More

Macy's Memo

721 Words | 3 Pages

In the previous memo I had discuss some of the opportunities and trends the company is facing, also I suggest some of the benefits of revising the company’s structure and modifying some of the negative effects by implementing new techniques to increase profitability as well as, customer satisfaction. In recent years the company has faced some shift on the consumer’s preferences. On this memo I planned to persuade your persona to consider my findings and suggestions a positive contribution towards Macy’s growth. Primary, to stimulate sales growth in the company, and second to strengthens Macys customer loyalty and satisfaction, in addition to employee’s satisfaction.

Read More

Summary Of Blink: The Power Of Thinking Without Thinking

293 Words | 2 Pages

In Blink: The Power of Thinking Without Thinking, Malcolm Gladwell states, “We learn by example and by direct experience because there are real limits to the adequacy of verbal instruction.” I understand the implications of Gladwell’s opinion as a young professional. My research has shown that your company desires employees with a commitment to excellence, leadership skills, and organizational skills. My direct experience created a learning environment where I honed these skills for the benefit of your company. My real life experience both inside and outside of the classroom aided the development of my strengths.

Read More

The Pros And Cons Of Corporate Social Responsibility In Tesco

844 Words | 4 Pages

According to Tingchi Liu et.al (2014), the disadvantages of corporate social responsibility in the company are associated to the world’s development in order to save society from the environmental and economic issues. It is examined that NGO’s and government co-operation produce the better ways to solve corporate social responsibility issues and put the pressure on Tesco in order to integrate its CSR objectives and initiatives. Another disadvantage of CSR is a new policy that has been implemented by the company in order to take part in something new for the business. It can be said that CSR policies of the company have to pay for new training for staff, invest in effective waste systems with new marketing and new technology strategies. According to Vazquez-Carrasco and Lopez-Perez (2013), the stakeholder’s expectations are one of the disadvantages for the company because of the investment of them in the business.

Read More

Verizon: Marketing And Social Responsibility Strategy

1472 Words | 6 Pages

Marketing and social responsibility By karim zidan : IAU Introduction Corporate responsibility policies have been gaining increasing attention from senior executives as questions of sustainability have come to imbue business all over the world. Nowadays corporations are struggling with a new role, which is to meet the needs of the present generation without compromising the ability of the next generations to meet their own needs. organizations are being called upon to take responsibility for the ways their operations impact societies and the natural environment.

Read More

Virgin Australia's Legitimacy Theory

1680 Words | 7 Pages

Legitimacy theory is a “positive theory” that asserts that businesses are bound by the implicit “social contract” that the corporation agrees to perform that are specifically relating to social and environmental issues (Rankin, et al. 2012, 142). To remain congruent with societal values in which it operates, a corporation can address attributes that relate to this theory through voluntary social and environmental disclosures made on platforms like its annual report (Coebergh 2011, 65). Virgin Australia has various groups of important stakeholders who can affect or is affected by both the actions and activities of the corporation (Laasch and Conaway 2014, 97). They are namely, guests, employees, investor groups and shareholders, unions, non-government

Read More

Assess The Impact Of For-Profit Organizations And Their Impact On The Environment And Society

894 Words | 4 Pages

While having high expectations about certain businesses, many consumers understand that most of those companies have an explicit dual purpose: promote a common good in a manner that will help generate more profit and make an enterprise look socially responsible on the market. It is difficult to understand if companies really act out of good will or they just try to look “socially responsible” in the stockholders’ eyes. Thus, it is crucial for people to understand what should be a company’s main priority – generating more profit or caring about being socially

Read More

The Food Terminal Case Study

1372 Words | 6 Pages

Module 8: Leadership Model MGT 560: Leadership Development Colorado State University-Global Campus Professor: Tom Woodruff May 03, 2015 : Introduction The Case Study, The Food Terminal (A) has been considered to offer the Model adapted from Montgomery, Copley, and Associates (1996) as a solution for the issues arising out of the case study. A professional situation experienced by me has been considered too and the model employed while I was working as a Manager. Heart Mike mentioned that he was initially nervous while getting the responsibilities and was asked to meet the department managers, and that he could see the look of disappointment in their eyes. He had the heart to share that most of these managers

Read More

Personal Statement

529 Words | 3 Pages

With this new territory comes a unique set of challenges and opportunities. I am interested in exploring the highs and lows of our journey at Advantere School of Management – from overcoming initial difficulties to celebrating our achievements and milestones. This project provides a platform to gain valuable insights into how the school's support systems, curriculum, and overall environment have influenced our academic and personal

Read More

Walmart Corporate Social Responsibility Study

3018 Words | 13 Pages

Therefore, there is a great deal of overlap between those who engage in philanthropic model for reputational reasons and those who follow the economic view of business' social

Read More

Corporate Social Responsibility: Profit-Oriented Or Socially Responsible?

3408 Words | 14 Pages

Trying to ignore the social responsibilities might stain an organization’s image and reputation. Thus, performing social responsibility is not simply a choice; it is a need of any corporation. In the twenty-first century, businesses are in the bottlenecks where globalization, science and technology advancement and integrated knowledge are taking place in today’s society (Chan, n.d.). To gain a foothold in this economy, image and reputation play an important role to differentiate a company from one another. With good reputation, it helps firms to create competitive advantage in the business environment.

Read More

KFUM Personal Statement

347 Words | 2 Pages

In May 2013, I was awarded a Bachelor degree of Science in Management Information Systems from KFUPM. When I look back to my journey to achieve that B.S., I see an amazing adventure, full with extensive learning, experience and personal achievements. Since the beginning of my B.S journey, I faced major obstacles that strengthened my personality, gave me confidence, and a great deal of experience. I had to work in several low salary jobs while struggling to maintain my collage studies. In some days, I worked for 18 hours a day, and that was the case until September 2006, where I was hired in a decent full-time job at KFUPM.

Read More

More about Shared Value Model

Related Topics

Open Document