Introduction
Intel, founded in 1968, is the world’s largest semiconductor chipmaker. Andy Grove, co-founder (third employee) of Intel derived his fundamental views from Peter Drucker, an American management consultant who in his first book, The Practice of Management (1954) wrote, “What is most important is that the management realize that it must consider the impact of every business policy and business action upon society. It has to consider whether the action is likely to promote public good, to advance the basic beliefs of our society, to contribute to its stability, strength and harmony.” [1]
In pursuit of the same philosophy, Intel has constantly endeavored to improve its processes for the greater good (especially towards people and
…show more content…
In all its decisions related to operations/ supply chain/raw materials/waste disposal, Intel ensures net zero impact on the environment. The company establishes environmental goals for each new generation of process technology and these goals are tracked during process technology development at par with cost, quality, and other technical indicators. Intel plans to design all its new buildings to a minimum Leadership in Energy and Environmental Design (LEED) Silver Certification level. In 2013, Intel allocated approximately $30 million for resource conservation and efficient energy usage. Intel also focuses on reducing greenhouse emissions, saving electricity, cutting emissions, establishing solar and wind installations, improving product energy efficiency, developing and delivering technologies in areas such as energy-efficient production and transportation systems, and applying IT to measure and manage energy and natural resources more efficiently, thereby addressing MDG 7 (To ensure environmental sustainability). Intel has participated in several environmental performance benchmarking activities to compare company’s performance on sustainability with respect to other competitor …show more content…
However, Intel seems to be progressing towards third generation CSR as it is adopting a more holistic approach to the planet and people, as is evident from initiatives like the Conflict Free Smelter Program.
Building the Supply Chain of the Future
A major achievement for Intel in the year 2013 was accomplishment of the goal it had been working towards for five years in the area of ‘conflict minerals’. There were some suspicions that Intel’s announcement was mainly a PR stunt. But there has been evidence that this was not a PR stunt. This was an ongoing project for almost five years with enormous time and effort to travel to all these smelters around the world – 2,00,000 miles of travel to over 60 different smelters in 20 different countries – to set up the systems to get the supply chain conflict free.
Employee
This day and age, change has become the new norm that shapes and develops the business world and global economy. A rising topic that has shepherd the direction of innovation is climate change and environmental awareness. The sustainability of a company encompasses their ability to manage social and environmental risks, obligations and opportunities. This concept is important for managers and to understand and implement because of government regulations and potential cost efficiency. In Oregon, there are numerous companies that express the importance of being sustainable.
“Conducting your business in a socially responsible is a good business. It means that you can attract better employees and that customers will know what you stand for and like you or it” quote by Anthony Burns. This quote means that if you are able to attract many customers attention and able to make them trust you, it means that you are making a good business. Anthony Burns got this type of attention and was able to have many people trust him which lead to his success. Anthony Burns is an important figure in the American History because of what he did and the success he got from his business.
A New York Times article titled Flaw Undermines Accuracy of Pentium Chips caused many consumers and businesses alike to lose faith in the Pentium microprocessor. The chip had already begun sale in popular consumer computers, from manufacturers including I.B.M., Compaq, Dell, Gateway, and more. The New York Times reported market research had concluded that Intel would sell between 5.5 and 6 million faulty chips, making up 10% of all PC’s sold worldwide. Intel’s 1994 Annual Report proudly claimed that despite the backlash of the Pentium flaw, Intel remained at the top of their market in comparison to their competition, namely PowerPC and other RISC based chips from “imitators of the Intel architecture” (Intel
Introduction In this extended essay, I will try to answer the research question “To what extent is Corporate Social Responsibility part of Arm Makers Companies? An assessment and evaluation of Raytheon’s and Northrop Grumman’s Business ethics”. Weapon companies face the issue of being socially responsible as it is a global matter. I will be mainly focusing on two companies; Raytheon and Northrop Grumman.
Firms which are managing environmental affairs their relations with consumers, vendors, regulators, and other industries are increasing and improving their sustainability to the success. The environmental strategies include developing green business, divesting environmental-damaging business, Struggle to become low cost producer, through energy conservation and waste minimization, and implementing different strategy through green product features. The firms can include environmental representative in their board of directors, announce bonus for the favorable environmental results, establish environmental oriented objectives, include environmental values in mission statements, and provide environmental training program for firm managers and employees. WHY FIRMS SHOULD “BE GREEN”
John Elkington designed a framework called Triple Bottom Line(TBL) (cite), which allows employees or entrepreneurs to adopt it for evaluating their performances regarding three dimensions people, planet, and profit. Starbucks is one of successful corporations which uses the Triple Bottom Line. The underlying Starbucks’s policy is to "inspire and nurture the human spirit-- one person, one cup, and one neighborhood at a time" ( Herbeck, 2012). The statement which was previously mentioned shows that Starbucks does not solely concentrate upon their profits, but their stakeholders’ well beings and the environment as well.
LEADERSHIP & MANAGEMENT WEBINNOVATE 2.1 BAREBURGER SWOT & PESTLE ANALYSES ASSIGNMENT Submitted by: (The7Corgis Group) John Hargaden David Gardiner Hassan Sougrati TABLE OF CONTENTS Company Description Key Facts SWOT Analysis Strengths Weaknesses Opportunities Threats PESTLE Analysis Political Economic Social Technological Legal Environmental “You can’t grow if you don’t go out of your comfort zone” Euripides Pelekanos – Bareburger Group LLC Co-Founder & CEO 1. COMPANY DESCRIPTION
In some situations, conflict can be more constructive than destructive. In this paper we take a look at two technology giants,
As a result of the events of Dremliner, Boeing has improved their supply chain management process by incorporating continuous improvement strategies and implementing ways to encourage open lines of communication amongst their supply base. Boeing 's supply chain management places emphasis on on-time deliveries and streamlining common standard processes across their suppliers. Boeing has developed several tool to not only monitor and audit the best practices and overall performance of the supplier, but aid in collaborative communication amongst their entire supply base.
Executive Summary Apple has always surprised the world with its innovation starting from the invention of computer circuit board of Apple I in 1976 to world’s most successful personal computer and electronic device manufacturer. They brought revolutionary changes in user experiences in using personal computers and currently smart devices. The company was always under the supervision of visionary leaders and effective strategies applied by them made the Apple what it is today. The company faced several ups and downs during its operating timeline and remained successful in sustaining their position in the market as a leader. The Harvard Business School Case study of Apple Inc. focuses on the growth and strategic management of the company accordingly.
The case chosen is IBM at the Crossroads, published by McGraw Hill Education. 3 key Issues and Recommendations A rather mind capturing case, talks about the growth story of IBM. The three key issues and future challenges in IBM’s way are: • Slow Reaction to Change: The past trends followed in IBM, show that it lacks responsiveness to change in market trends and revolutions.
Q.1: What micro environmental factors have affected Target’s performance over the past few years? Over the past few years, following are the factors that have affected Target’s performance: 1. Competitors: Walmart’s strategy of providing products at a very low price, affected the consumers in the economic crisis of 2008. This led to Target’s decline in market share as Wal-Mart had a huge micro environment affect as a competitor.
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
Process Drive to achieve functional excellence and integration across all major processes. - Core supply chain processes driving the business. - Best in class approaches to our core processes (manufacturing, integrated demand planning, procurement, cycle-time, compression, dynamic deployment) - Bulk linkages with suppliers and customers. C. Organization Providing the critical success factors of cohesion, harmony and integration across organization entities - Level of cross functional integration is required to manage core processes effectively - Leverage cross-company skills and abilities - Performance measurement and reporting structure help to achieve objectives D. Technology Empowers the Supply Chain to operate on a new level of performance and is creating clear competitive advantages for those companies able to harness it.
1.1 Background of the case The chosen company is Lenovo Group Limited which is a multinational technology company that is headquartered in Beijing, China. Established in 1988, Lenovo is the largest information technology enterprise in China, engaged primarily in the sale and manufacturing of personal computers, mobile telephone handsets, computer servers and printers, in China. It has been the market leader for seven consecutive years, commanding a 27 per cent share of the domestic PC market in 2003. It is also the market leader in the Asia Pacific region (excluding Japan), with a market share of 12.6 per cent in 2003.