Wednesday, January 1, 2020

Sustainability and Its Impact on the Four Managerial...

Sustainability and Its Impact on the Four Managerial Functions Nowadays people all over Australia use their own environmentally friendly shopping bags when they go to the Supermarket. Why have so many people changed their every day habit and stopped using the convenient plastic bags? The transition from plastic bags to recycled ones is only one aspect of a global attitude change towards environmental topics. During the last few decades, businesses have been focusing on lowering their production costs, with no considerations on the consequences for the upcoming years. Today, organizations all over the globe are starting to change the way they operate in order to prevent an environmental crisis. Sustainability is the new approach that†¦show more content†¦In prior years, while managers used to set goals for their organization, their only consideration was how to maximize revenues, without paying attention to the created waste during the manufacturing process and the operation of the organization. Nowadays, managers need to ensure that the manufacturing process is sustainable. The Lean Manufacturing (Womack, Jones Roos, 1990) term is a managerial philosophy which tries to eliminate waste as much as possible during the manufacturing process. For example maximize use and reuse of raw materials, decrease the amount of excess supply and defective products, effective shipping handling and consecutive manufacturing process. The second factor managers must relate to is reduction in the amount of waste in the organizations building itself. For instance total consumption of water and energy should be minimized as well. Then, the organizations board has to structure its vision, and set specific goals relating to environment issues, for the upcoming years. For illustration, for more than half a century The Coca Cola Company had put its emphasis on protecting the environment. In 1956, The Coca Cola Company set a goal of protecting our world and environment. Since then the company conducts researches about environmental issues consistently, and is considered as a revolution maker in regards to environment and Sustainability topics. In addition, in 1991 the first beverage bottle was made fromShow MoreRelatedThe Modern Era Of Social Responsibility1523 Words   |  7 Pagesbetter understand the relationship between CSR and ethics. Literature Review The primary CSR functions are as follows: to cause no harm, prevent harm, and do good. These functions can be implemented through several dimensions such as ethics, legal transparency and accountability, socio-economic developments, and environmental sustainability. Heinz, for example, has demonstrated environmental sustainability efforts including a reduction in gas emissions, solid waste, energy and water consumption, andRead MoreManaging A Successful Business Management1244 Words   |  5 Pagesthem out to achieve organizational goals. Managers have four main functions they carry out in the management world. Managers plan which requires setting goals, and decide how to accomplish them. They need to organize which means they arrange tasks, people, and other resources to accomplish the work. They also control which means they monitor performance, compare it with goals, and take corrective action as needed. Another function managers do is lead. They motivate, direct, and influenceRead MoreManaging A Successful Business Management1244 Words   |  5 Pagesthem out to achieve organizational goals. Managers have four main functions they carry out in the management world. Managers plan which requires setting goals, and decide how to accomplish them. They need to organize which means they arrange tasks, people, and other resources to accomplish the work. They also control which means they monitor performance, compare it with goals, and take corrective action as needed. Another function managers do is lead. They motivate, direct, and influenceRead MoreCorporate Ethics And Social Responsibility1528 Words   |  7 Pagesqualitative paradigm needs to be used in order to ensure in-depth knowledge and understanding of the issues and challenges among business practices and how they can be handled. The influence of leadership and management decision making in an organization impacts goals, growth, values, efficiency and success all while corporations have a responsibility to be ethical at all times (Knowledge@Wharton, 2012). In addition to ethics, a large number of companies have now bridged ethics to corporate social responsibilityRead MoreThe Management Of Valve Corporation1413 Words   |  6 Pages it plays a vital role in the livelihood of organisations as one of the four management functions. Valve Corporation is no different, that it is an enterprise which requires some element of organisational control to ensure their aims and objectives are achieved. The company lacks executives and managers, and as a result, can encounter specific issues such as power distribution, task delegation and accountability that impact their organisation’s functionality. Control, being a fundamental part ofRead MoreThe Implications Of Business Ethics For Human Resource Management1457 Words   |  6 Pagesof its function. The manager from this area should be able to influence the behaviour of their employees by applying the concept of business ethics. This essay will discuss about the importance of business ethics concept; and its implications in human resource mana gement function will also be explored. The issues of ethical dilemma in workplace are going to be discussed; the potential roles of human resource manager in regard of business ethics will also be looked at. Business ethics impact greatlyRead MoreThe Northrop Grumm Analyses Of Key Strategies1394 Words   |  6 PagesNorthrop Grumman Corporation?s functional-level strategies is concerned with their actions, the way to approach them and employ the practices to manage them for the overall business strategy (Thompson, 2016-2017). These types of strategies include functions such as production, product development, sales and marketing, customer service and finance (Thompson, 2016-2017). Since the Northrop Grumman Corporation is a leading global security company they provide their customers new innovative systems, productsRead MoreAnalysis Of Airlines Inline With Fayol s Four Functions Of Planning1586 Words   |  7 Pagesresulted in bankruptcy and a collapse in the aviation industry due to unsatisfactory management, poor strategy and decision-making processes. This essay will compare and contrast the two airlines inline with Fayol’s four functions of planning, leading, organising and controlling. Managerial planning refers to the process of identifying and selecting appropriate objectives and strategies that are best to achieve (Waddell, Jones and George 2013, 8). According to Fayol, planning is the â€Å"heart† of managementRead MoreCompetency Mapping4505 Words   |  19 Pagesof thinking that impact an individual’s behavior. *Figure 1 illustrates this definition. Competencies in organizations tend to fall into two broad categories: - Personal Functioning Competencies. These competencies include broad success factors not tied to a specific work function or industry (often focusing on leadership or emotional intelligence behaviors). - Functional/Technical Competencies. These competencies include specific success factors within a given work function or industry. TheRead MoreEssay Unit 6 Assignment 11591 Words   |  7 Pages198). Dyer, Gregerson Christensen (2011), provide the discovery skills framework for innovative leaders. The following is a summary of the five discovery skills outlined by Dyer, Gregerson, Christensen (2011) that encourages innovation and sustainability in the global context. Associational Thinking Innovators use associational thinking, where they â€Å"cross-pollinate ideas in their own heads and in others. They connect wildly different ideas, objects, services, technologies, and disciplines to

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.