The adoption of CSR strategy is also another drive factor for companies as it is perceived a way to gain competitive advantage. Those two aspects are strongly connected and the role of the supply chain in CSR strategies is vital (Blowfield & Murray, 2010). Companies which have not only adopted CSR actions but have highlightened them as a core factor of their long-term strategic planning may find complexities to uphold their social and enviromental standards to the whole value chain.The key issues that must be solved in the supply chains to support the firm’s CSR strategy are: • The partnership companies have with their suppliers: Companies, likeTesco, must collaborate more closely with their tier suppliers without underestimating the controlling them to esnure that sustainable ethics and actions are applied. • Particularly, for the transportation/distribution sector, the reduction of fuel emissions can be achieved by achieving a successful perfomance of lean supply chains, with organized distribution plans which will minimize the
Layout design and strategy, Verizon’s operations managers are concerned with the optimized placement of workplaces along with the movement of resources to support productive operations. Job design and human resources, the objective in this strategic decision area of operations management is to support the continuous growth and development of Verizon’s human resources. Adequate human resources are essential to the long-term success of the
Proper etiquette sets the tone for all stakeholders that the business has a productive and successful environment. Attention to etiquette is a sign of professionalism and respect for others, and it will create positive first impression and will protect the reputation of the company. Reputation consists of the perception that stakeholders develop through their accumulated experience of our business through direct contact and indirect contact. A good reputation amongst employees ensures better levels of morale and an increased ability to retain and recruit staff. The following communication etiquettes will be observed by all ADMA-OPCO employees: • Communicate with dignity and respect.
According to Deloitte (2013) Africa’s development shows characteristics that represent ample opportunity for the future and six major trends have been reshaping African economies and turning them into promising investment opportunities for the world’s largest consumer business companies. These major trends as identified by Deloitte (2013) are as
The Importance of a Company’s Culture The culture of a company is one of the most important and sometimes overlooked factors in an organization. The culture can increase employee engagement and increase productivity which will allow a company to reach its goals, “From productivity and engagement in the organization’s day-to-day, to an employer brand that naturally fuels recruiting efforts, to creating a lasting brand that customers immediately recognize, there’s no escaping it – culture radiates outward into the marketplace” (Straz 2015). The culture can have a great impact on the employees. Employees thrive in a positive working environment and the ability to engage with their managers without fear of retaliation. When a company creates a
1.4 LITERATURE REVIEW The researcher conducted an extensive review of literature pertaining to transformational and transactional leadership and their effect on employee engagement. 1.4.1 TRANSFORMATIONAL LEADERSHIP Transformational leaders are seen to be inspirational in the sense that they strive towards the common good of their followers and the organisation as a whole. they do this by creating opportunities for their followers thereby influencing and driving an engaged and empowered culture. They are seen to be proactive and encourage innovatinve thinking amongst their team. Notje (2010) has decribed transformational leaders as leaders with the distinct ability ability to drive motivation and seek the best performance from their employees.
Social ADCo believes that employees are the most important resouces. Therefore, it is devoted to the well being of its employees and to providing them with an appropriate working environment that help them in furher development and prosperity. Policies and procedures were developed to ensure the mental and physical well being of employees with special focus on Emiritization programs. The Company’s strategy is to produce a continuous flow specialized skills and talents that conveys fruitful business development and cooperative execution ver the Company. Key differentiators were created by ADCO: care for people, training, safe work environment, innovation open communication, and leadership culture.
We’re committed to attracting the best talent, and providing appropriate incentives to encourage our employees to continue developing their careers with us. That’s why we offer a comprehensive range of benefits and opportunities for training, professional development and personal growth. EMBRACING THE POWER OF DIVERSITY We embrace the power of our people and value our differences—in thought, style, sexual orientation, gender identity, culture, ethnicity and experience. We recognize that our diversity makes us a stronger company. Encouraging a diverse, inclusive workplace gives us the advantage of understanding and meeting the needs of our diverse customers, clients and communities.
CSR plays an important role in world of business as it implies to do well by doing good. A large number of multinational units have set global standards, in which same technology is used throughout the world. This helps to create a strategic advantage as well as also serves to elevate the technological expectations. The CSR initiatives not only help in creating awareness and education, but it also helps in ensuring the growth of middle class people. Some of the companies make use of it by expansion of their consumer base in rural as well as urban areas.